Tuesday, May 22, 2007

Harmony sees uranium unit IPO in 18-30 months

(Reuters) - South African gold miner Harmony Gold wants to list its uranium business, which it values at 5 to 15 billion rand, as a separate company in the next 18-30 months, its chief executive told Reuters on Tuesday.

Bernard Swanepoel said a spin-off to existing shareholders was also a possibility but he would prefer an IPO in Johannesburg with a secondary listing in Toronto.


Read more at Reuters Africa

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