Harmony Gold, which operates mines in SA and Papua New Guinea, expects to report quadrupled profits in its half-year to end-December 2020, boosted by a record rand-gold price and acquisitions, including Mponeng in Gauteng.

Net profit is expected to rise between 325% and 339% to as much as R5.9bn the miner said in a trading update, an increase of more than R4bn, with the rand-gold price received up almost a third, as well as production...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now