Harmony Gold Mining Hits Record Performance

Harmony Gold Mining (HMY) has released an update.

Harmony Gold Mining Company Limited reports a stellar operational performance for FY24, with production surpassing revised targets and costs remaining below projections, owing to high recovered grades and a favorable gold market. However, the release of the FY24 financial statements has been delayed due to a pending assessment by new external auditors on the valuation of an undeveloped property. The company anticipates a significant increase in earnings per share, driven by higher gold production, improved grades, and increased gold prices.

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