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Please note that the articles contained in this section of the website have been selected from articles published by the media. The facts and opinions expressed therein are those reported by the journalist and publication and therefore may not necessarily reflect those reported by the Company.

Harmony Gold records profit on higher output

Publication: Business Report
Author: Reuters

South African gold producer Harmony Gold Mining Company Ltd on Friday posted a quarterly profit after two previous quarterly losses as it grew production and grades.

Harmony, one of South Africa's top four gold producers, reported headline earnings of 5 cents a share for the three months to end September compared to a third-quarter headline loss of 186 cents a share.

Headline earnings per share is the main profit measure in South Africa and excludes some one-time items.

Production was up 12 percent at 309,773 ounces on higher tonnage and better grades, which helped drive down costs and offset increases in labour costs following a new wage agreement.

Annual report

Integrated annual report 2016
Integrated annual report 2017


Investor brief

Harmony Investor brief, Sep 2017
September 2017 -
Harmony Investor brief

(PDF - 6.5MB)

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