Capital expenditure of R10.8-billion, more than Harmony has ever spent in one year, has been allocated for South Africa’s Moab Khotsong and Mponeng gold mines as well as Wafi-Golpu and Eva.
Group production for this reporting period increased by 6% to 48 578 kg (1 561 815 oz) from 45 651 kg (1 467 715 oz) in FY23, owing mainly to higher recovered grades at Mponeng gold mine ...
Almost all of its gold mine assets are located in South Africa, accounting for 90% of its total gold output. Moab Khotsong and Mponeng are its two key assets, both high-grade ultra-deep ...
Harmony Gold is known for its deep, underground mining but it also mines surface ore which it bolstered with the acquisition of Mine Waste Solutions (MWS) from AngloGold Ashanti in 2020 as part of its ...
In February, the company announced an investment of R7.9bn to extend the life of the Mponeng gold mine in South Africa from seven to 20 years as part of its international growth strategy.
In 2020, Harmony acquired Mponeng, the world’s deepest mine, for $200-million in a fire sale from AngloGold Ashanti as it ...
For the year to June, gold production rose from 1.4 million ounces to 1.5m ounces on the back of a 17% rise in output from Mponeng and a 34% and 17% rise in production at Mine Waste Solutions and ...
to fund its projects including Eva Copper and life extension at its Moab Khotsong and Mponeng gold mines in South Africa. Harmony declared a final dividend of 0.94 rand per share, up from 0.75 ...
Q4 2024 Earnings Call Transcript September 5, 2024 Operator: Welcome to chorus call. Peter Steenkamp: Good. Can we start?
Other major sources of gold include the extremely deep Mponeng mine in South Africa, the Super Pit and Newmont Boddington mines in Australia, Indonesia's Grasberg Mine, and mines in Nevada ...