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HMY Harmony Gold Mining Company Limited

9.03
-0.33 (-3.53%)
23 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Harmony Gold Mining Company Limited NYSE:HMY NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.33 -3.53% 9.03 9.345 8.98 9.34 4,256,068 01:00:00

Harmony Gold Raises Fiscal Year 2018 Production Guidance on Mine Purchase

02/05/2018 2:49pm

Dow Jones News


Harmony Gold Mining (NYSE:HMY)
Historical Stock Chart


From Jul 2019 to Jul 2024

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By Adam Clark

 

Harmony Gold Mining Co. (HAR.JO) said Wednesday that it has raised its financial 2018 production guidance following its recent acquisition of the Moab Khotsong mine in South Africa, and that its third-quarter production was flat from the prior year.

Harmony said that for its financial year ending June 30 it now expects gold production of 1.18 million ounces compared with the 1.10 million ounces it previously forecast.

The company acquired Moab Khotsong from AngloGold Ashanti Ltd. (ANG.JO) at the beginning of March for $300 million.

For the third quarter ended March 31, Harmony said production was broadly flat from the prior year at 256,660 ounces.

Cash operating costs rose 16% in dollar terms to $1,215 per ounce.

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

May 02, 2018 09:34 ET (13:34 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

1 Year Harmony Gold Mining Chart

1 Year Harmony Gold Mining Chart

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1 Month Harmony Gold Mining Chart

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