Harmony Gold Mining Company Ltd. has announced that it is on track to meet its annual production, grade, and cost guidance for FY25. The company anticipates total production to be within the expected range of 1,400,000 to 1,500,000 ounces, with all-in-sustaining costs comfortably between R1,020,000/kg and R1,100,000/kg. Notably, Harmony achieved a record interim dividend payout of R1.4 billion and saw its JSE share price reach a record high in April 2025. Key strategic developments include the potential acquisition of MAC Copper in New South Wales, Australia, which is expected to contribute over 40,000 tonnes of annual copper production and enhance free cash flow. Additionally, Harmony successfully delivered phase 1 of the Mine Waste Solutions extension project on schedule and within budget. The company's efforts in sustainable mining practices have been recognized with an upgrade of its ESG rating by MSCI to a BB from a B. These accomplishments highlight Harmony's commitment to creating value through disciplined capital allocation and operational excellence. The financial information provided has not been audited.
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