$HMY

Harmony Gold Mining Company aims to extend the life of Australia's CSA copper mine by digging deeper, potentially doubling its 12-year mine life. The mine produced 18,000 tonnes of copper from October to June, with plans to increase production. Copper demand is rising due to its use in data centers for AI. Harmony also owns the Eva copper project and targets combined annual production of 100,000 tonnes from both sites in 3-5 years. Yancoal, a coal miner, reported a 42% increase in operating prof

Lake Victoria Gold Ltd. reported progress on its Imwelo Gold Project in Tanzania, including road repairs and camp construction. Gold prices, though volatile, have improved project economics, but permitting delays remain a constraint. The company aims to advance its fully permitted project, with early works focused on infrastructure and site preparation. According to the company, reliable access and permanent camp construction are key to its development strategy.

Harmony Gold Mining updated its mineral resource estimate for the Eva Copper project, increasing contained copper to 2.01 million tonnes and gold to 591,000 ounces. The company drilled 155 holes in FY26, confirming a large mineralized system. Harmony targets first production in 2028, with construction ongoing despite environmental approval delays. The project is key to Harmony's strategy to diversify into copper. Group revenue rose 34% to $5.876 billion in FY26.

Harmony Gold reported a R9.65bn ($571m) loss from gold hedging in FY26, but maintains the strategy to protect margins. Outstanding hedge liabilities fell to R2.14bn. Eva Copper project remains on track for 2028 despite environmental delays. The company is working to balance development and environmental protection.

Harmony Gold reported its best fiscal year with a nearly 90% profit increase, but its CEO expects significant payoff only after 2030. The company's performance is attributed to factors beyond gold price increases. Seven stocks, including Box, Fortinet, and Airbnb, hit new 52-week highs this week. Opendoor Technologies marked a new 52-week low at $3.29, with its market cap significantly reduced from last year.

Harmony Gold Mining reported fiscal 2026 earnings up 87% to $1.61B, driven by a 35% rise in gold prices. Revenue increased 34% to $5.88B, but production fell 3%. CEO Beyers Nel expects significant cash flow growth post-2030. The stock is down 9.45% over six months despite a 31.42% monthly gain.

Harmony Gold reported strong FY26 results, with revenue up 34% and headline earnings per share rising 87%, driven by a 35% increase in the average gold price received. The company also achieved record adjusted free cash flow and declared a record final dividend.

Harmony Gold reported a R9.65bn ($571m) loss from gold hedging in FY26, but maintains the strategy to protect margins. Outstanding hedge liabilities fell to R2.14bn from R12.24bn. The Eva Copper project remains on track for 2028 production despite environmental hurdles. Harmony has not changed its capital guidance.

Harmony, a gold and copper miner, reported an 87% rise in earnings (HEPS: 4,363c) and 34% revenue growth (R99.24bn) for the year ended June. It paid a record dividend of 750c per share. CEO Beyers Nel highlighted strong operational performance, record cash flow (R17.15bn), and growth in gold and copper production. The company aims to focus on execution and value unlocking through 2030.

Harmony Gold reported an 87% increase in headline earnings per share for FY26, driven by higher gold prices and copper sales from its newly acquired CSA mine. Adjusted free cash flow rose 54% to R17.15bn, supporting a record final dividend of 750c per share. Gold production decreased 3% but remained within guidance, while copper production was at the upper end of estimates. The company maintained its production forecasts for FY27.