Strike Caused Harmony's Stock Fell

South African gold miner Harmony Gold, the six biggest gold producer in the world fell to its lowest level on Tuesday in 3.5 years reacting to the continued strike at most of the group's Free State gold mines and the group's continued quarterly losses.

At 11.15 am, Harmony's stock on the JSE Securities Exchange was quoted at 47.20 rand, down 30 cents or 0.6 percent from its previous close.

Earlier, Harmony's share price declined to 47 rand, its lowest level since September 28, 2001.