Harmony Gold Mining Co Ltd

Harmony Gold Mining Co. Ltd. engages in mining and exploration of gold. It involves building mines, open-pit operation, sales and financial management, land rehabilitation and mine closure. It operates through the following segments: Tshepong Operations, Moab Khotsong, Mponeng, Bambanani, Doornkop, Joel, Target 1, Kusasalethu, Masimong, South African Surface Operations, Mine Waste Solutions, Kalgold, and Hidden Valley. The company was founded on August 25, 1950 and is headquartered in Randfontein, South Africa.

Harmony Gold Mining Co. Ltd. engages in mining and exploration of gold. It involves building mines, open-pit operation, sales and financial management, land rehabilitation, and mine closure. It operates through the following segments: Tshepong Operations, Moab Khotsong, Bambanani, Joel, Doornkop, Target 1, Kusasalethu, Masimong, Unisel, Mponeng, Mine Waste Solutions, and Hidden Valley. The company was founded on August 25, 1950 and is headquartered in Randfontein, South Africa.

Harmony's (HMY) earnings rose in fiscal 2023, driven by high recovered grades and strong momentum in its portfolio.

Harmony's (HMY) Earnings Increase, Revenues Down Y/Y in FY23

(Kitco News) - Harmony Gold (NYSE: HMY), a senior global gold producer, today reported “steady” gold production of 1,467,715oz for the financial year 2023 (FY23), 1% down from FY22 despite Bambanani closure at the end of FY22.

Harmony Gold reports ‘outstanding' operational performance and ‘strong' cash flows in FY23; bumps dividend

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Harmony Gold expects to report a big jump in earnings for fiscal 2023 next week. DRDGOLD just declared a big dividend for the year.

Why Harmony Gold, Sibanye Stillwater, and DRDGOLD Stocks Surged This Week

Consonant with South African law, Harmony Gold notified investors of a probably big jump in earnings this year. Analysts are looking for Harmony to earn only $0.36 per share -- but Harmony says it might earn $0.45.

Why Harmony Gold Stock Hit a High Note Today

(Kitco News) - The company said that the expected increase in basic earnings is primarily due to an increase in revenue due to higher underground recovered grades and a higher average gold price received.

Harmony Gold expects over 100% increase in FY23 basic earnings

(Kitco News) - The company anticipates an estimated saving of R425 million (~$22 million) a year in electricity costs once Phase 1 and 2 are complete.

Harmony Gold commissions solar photovoltaic plants for its mines in South Africa, reduces carbon footprint

Harmony Gold Mining Company Limited's revenue for the last nine months was $1,946 million, up 11% (using the SA Rand) from the preceding nine months. Production for the 9 months ending March 31, 2023, was 1,086,213 Au Oz, up 1.6% from 1,068,718 Au Oz for the preceding 9 months ending in March 2022. I recommend buying Harmony Gold between $3.90 and $3.70, with possible lower support at $3.50.

Harmony Gold Mining: Looks Attractive Below $4

(Kitco News) - Harmony Gold (NYSE: HMY), a senior global gold producer, announced today it expects to meet its production and cost guidance and surpass its guidance on underground recovered grades in FY23 (a financial year ending June 30, 2023).

Harmony Gold expects to meet its production and cost guidance in FY23

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Harmony Gold (HMY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Harmony Gold (HMY) a New Buy Stock

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(Kitco News) - Harmony Gold Mining reported today that an employee tragically lost his life on Thursday, 23 March 2023 at its Kusasalethu mine, near Carletonville, in Gauteng province of South Africa.

Harmony Gold reports fatality at its Kusasalethu mine

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(Kitco News) - Harmony Gold Mining announced today that an employee tragically lost his life on Tuesday morning, 7 March 2023, following a rigging related incident at its Tshepong North mine, near Welkom, in the Free State province of South Africa.

Harmony Gold reports fatality at its Tshepong North mine in South Africa

Harmony Gold Mining Company Limited (NYSE:HMY ) H1 2023 Earnings Conference Call March 1, 2023 3:00 AM ET Company Participants Beyers Nel – Group Chief Operating Officer Boipelo Lekubo – Financial Director Jared Coetzer – Head-Investor Relations Peter Steenkamp – Chief Executive Officer and Executive Director Conference Call Participants Arnold Van Graan – Nedbank Leroy Mnguni – HSBC Mark du Toit – Oystercatcher Investments Adrian Hammond – SBG Securities Jared Hoover – RMB Morgan Stanley Peter Steenkamp Good morning. My name is Peter Steenkamp, I am the CEO of Harmony.

Harmony Gold Mining Company Limited (HMY) H1 2023 Earnings Call Transcript

(Kitco News) - Harmony said that as it invests in margin expansion, life-of-mine extension and various other growth opportunities, "it is prudent to maintain a strong balance sheet and good liquidity."

Harmony Gold posts higher half-year earnings, says won't pay dividend as it invests in 'growth opportunities'

(Kitco News) - Harmony Gold (NYSE: HMY), a senior global gold producer, announced today that its total gold production for the six-month period ended 31 December 2022 of financial year 2023 was between 720,000 ounces and 745,000 ounces.

Harmony Gold increases half-year gold production, reaffirms annual guidance

A best-case scenario characterized by supportive gold prices and lower base input costs probably won't be enough to recover Harmony Gold's diminished profit margins. The company's underground operations host underwhelming return ratios. Although most of the firm's input costs might find calm, current electricity expenses should be considered as the new baseline.

Harmony Gold: Unconvincing Margins And Overestimated Price Support

Gold mining stocks have solidly outperformed the broad market in 2022. More upside could be on the way now that the rise in yields has eased.

Harmony Gold: An Earnings Recovery Story And A Bullish Technical Picture Shapes Up

(Kitco News) - The company said that relevant authorities, as well as the family members of the deceased, were informed of the incident and a comprehensive internal investigation is currently underway.

Fatality at Harmony Gold's Kusasalethu mine

VANCOUVER, BC , Dec. 15, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce it has closed the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia for total consideration of up to US$230 million (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE: HMY) ("Harmony").   Under the Transaction agreement, Copper Mountain was entitled to receive gross upfront cash consideration of US$170,000,000 on closing as well as contingent consideration comprised of the following: A.

Copper Mountain Mining Completes Sale of the Eva Copper Project and the Australian Exploration Tenements

VANCOUVER, BC , Dec. 15, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce that the Foreign Investment Review Board ("FIRB") in Australia granted approval on December 13, 2022 (the "FIRB Approval") for the previously announced sale of Copper Mountain's wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE: HMY) ("Harmony"). See Copper Mountain's press release dated October 6, 2022 ("Copper Mountain Mining Announces Agreement to Sell the Eva Copper Project and the Australian Exploration Tenements for Total Consideration of up to US$230 Million") for additional details regarding the Transaction.

Copper Mountain Mining Receives FIRB Approval and Anticipates Imminent Completion of the Sale of the Eva Copper Project and the Australian Exploration Tenements

VANCOUVER, BC , Nov. 28, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce that it has received bondholder approval ("Bondholder Approval") under its US$250 million senior secured bonds (the "Bonds") for the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE: HMY) ("Harmony"). See Copper Mountain's press release dated October 6, 2022 ("Copper Mountain Mining Announces Agreement to Sell the Eva Copper Project and the Australian Exploration Tenements for Total Consideration of up to US$230 Million") for additional details regarding the Transaction.

Copper Mountain Mining Receives Bondholder Approval for the Sale of the Eva Copper Project and the Australian Exploration Tenements and Announces Bond Buyback Offer

News for Harmony Gold Mining Co Ltd Stock (HMY)