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South Africa's top gold miner weighs CEO succession amid tilt to copper
By Felix Njini
Wednesday, September 13, 2023
NAIROBI, Kenya -- Harmony Gold Mining boss Peter Steenkamp plans to retire at the end of next year as South Africa's biggest gold producer by volume seeks new growth opportunities mining copper.
Steenkamp, who turns 64 in November, has been at the helm at Harmony since returning in 2016. In 2022, the company extended the veteran gold mining executive's tenure by two years.
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Steenkamp will leave around December 2024 and the company has "strong internal candidates to continue what we have built since 2016," spokesperson Jared Coetzer told Reuters.
Steenkamp's pending exit doesn't change the strategy to shift to developing copper assets and looking for deals to grow the company, Coetzer added. ...
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