Tomahawk, WI 03/14/2014 (Basicsmedia) –Harmony Gold Mining Co (ADR) (NYSE:HMY) shares moved up by 4.52% to $3.7 on news of two separate appointments. The company has hired an independent audit firm to investigate the fire and rock fall incident in one of its mines that took away the lives of nine mineworkers. The audit firm will be presenting an analysis of safety measures and recommendations for improvement for the same, before the management of Harmony Gold Mining Co (ADR) (NYSE:HMY).

Affirmation Of Vigilant Probe

The fire and collapse occurred in the company’s Doornkop mine; eight workers were rescued while nine others lost their lives. Following the accident, which was triggered by unknown seismic events, the mine closed its operations under an order from The South African Department of Mineral Resources. However, the company was allowed by the authority to resume the operations earlier this week on Monday. An intensive probe was initiated immediately after the accident but Harmony Gold Mining Co (ADR) (NYSE:HMY)’s Chief Executive Officer, Graham Briggs said he is “interested” to dig deeper through additional processes.

CEO Resigns; Incumbent Experienced In Deep Underground Mining

It seems that Graham’s interrogatory initiative is not limited to the external hiring. Yesterday, the company also announced that Alwyn Pretorius would be replacing Tom Smith, following his resignation in the chief operating officer’s role. Apparently, Tom prefers to pursue other business interests. A departure note from Briggs, acknowledged Smith’s significant contributions to Harmony Gold Mining Co (ADR) (NYSE:HMY) and overall to the mining industry.

Briggs opines of the new incumbent as a young, energetic and one possessing hands on experience in the industry.

The incumbent Pretorius, holds a dual B.Sc. degree in Mining Engineering and Industrial Engineering. He has served Harmony Gold Mining Co (ADR) (NYSE:HMY) as an executive since 2007. His portfolio has an enriched industry specific experience in various supervisory roles for underground and deep mining explorations. His in-industry experience spans over 20 years.

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