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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 |
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 Month Harmony Gold Mining Chart |
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