Harmony Gold

Harmony Gold Mining Company has announced its financial and operating results for the interim period ended 31 December 2019.

  • 12% increase in revenue to R15 477 million (8% increase to US$1 054
    million)
  • 6 325% increase in earnings per share to 249 SA cents (greater than
    100% increase to 17 US cents (previously zero)
  • 6 325% increase in headline earnings per share to 249 SA cents
    (greater than 100% increase to 17 US cents (previously zero)
  • No ordinary cash dividend declared for the six months ended 31
    December 2019 (no ordinary cash dividend declared during the
    previous corresponding six month period)

“We remain committed to our safety and health journey we embarked upon
in calendar year 2016, with our focus on leadership, risk management
and people.

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“Key related elements of this journey are our four-layered risk management approach and attaining a proactive safety culture.

“While a stronger gold price received continues to provide a
welcome boost to our financial performance, we will focus our efforts
on what we are able to control being safety, costs and production”,
says Peter Steenkamp, CEO of Harmony.