Harmony Gold gets bump from weaker rand and cuts debt
The purchase of AngloGold Ashanti’s underground and tailings retreatment operations added extra ounces from October 2020
11 November 2021 - 09:34
SA’s biggest gold producer, Harmony Gold, says it cut debt by a quarter in the three months to end-September, getting a bump from a weaker rand.
Net debt fell R139m to R454m in the period, the first quarter of the miner’s 2022 financial year, with the rand-gold price up 4% from the previous three months due to a weaker local currency. ..
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