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	<title>Stock Blog Hub &#187; Harmony Gold Mining Company Ltd.</title>
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		<title>(HMY) Harmony Gold Mining Declares First Dividend in 5 Years</title>
		<link>http://www.stockbloghub.com/2009/08/27/hmy-harmony-gold-mining-declares-first-dividend-in-5-years/13604</link>
		<comments>http://www.stockbloghub.com/2009/08/27/hmy-harmony-gold-mining-declares-first-dividend-in-5-years/13604#comments</comments>
		<pubDate>Thu, 27 Aug 2009 19:02:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Harmony Gold Mining Company Ltd.]]></category>
		<category><![CDATA[HMY]]></category>

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		<description><![CDATA[Harmony Gold Mining (HMY), the third largest producer of gold in Africa, recently declared its first dividend in the last five years. The company declared dividends of 6 cents per share for the year ended June 30 payable on Sept 21. With almost insignificant profits, Harmony had restrained dividends. Harmony reported earnings of 29 cents per share for the fiscal fourth quarter, higher than 17 cents in the previous quarter, helped by sales of less-profitable assets, staff cuts and lower debt resulting in lower interest expenses. Revenues increased by $15.8 billion driven by a stronger gold price. Gold production increased sequentially, although by a modest 1.1% from 10,880 kg to 11,003 kg. Harmony plans to increase production by more than 40% to about 2.2 million ounces a year by 2012, ]]></description>
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		<title>(NEM) Metals &amp; Mining &#8211; Analyst Interviews &#8211; higher consumption of metals in the Asia Pacific region</title>
		<link>http://www.stockbloghub.com/2009/07/29/nem-metals-mining-analyst-interviews-higher-consumption-of-metals-in-the-asia-pacific-region/11516</link>
		<comments>http://www.stockbloghub.com/2009/07/29/nem-metals-mining-analyst-interviews-higher-consumption-of-metals-in-the-asia-pacific-region/11516#comments</comments>
		<pubDate>Wed, 29 Jul 2009 18:35:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Gold]]></category>
		<category><![CDATA[Harmony Gold Mining Company Ltd.]]></category>
		<category><![CDATA[HMY]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corp.]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corp.]]></category>

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		<description><![CDATA[Overview &#8211; Neutral OPPORTUNITIES The overall metals industry structure is rather concentrated, with a few producers being a high proportion of sales. There is higher consumption of metals in the Asia Pacific region, especially China and India. This is due to per capita consumption rising towards U.S./European levels, which could theoretically double metals demand in these regions in the longer-term. There are vastly improved balance sheets with solid liquidity, which is starting to create some merger and acquisition activity. Production cuts of up to 35% are occurring to keep operating rates in the low-80s and keep the market balanced. As of now, this has not had significant positive impact, but it may have kept the market from being worse that it already is. WEAKNESSES Prices have peaked due to the ]]></description>
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