Transformed Harmony Gold rewards investors, plots growth

Harmony Gold, SA’s largest domestic gold miner, is preparing for growth, with a special focus on adding 100,000oz of metal from tailings dumps, after a two-thirds increase in interim profit, declaring a strong dividend and cutting debt.

Harmony’s gold production received a boost during the six months to end-December from the R3.4bn purchase of AngloGold Ashanti’s underground and tailings retreatment operations, adding extra ounces from October...