Harmony basks in glow of Mponeng and Moab Khotsong mines
The mining house says the two mines have transformed the group
10 May 2023 - 16:00
Mining house Harmony Gold is basking in the performance of its Mponeng and Moab Khotsong mines, saying the assets are bearing fruits as the group strives to become a higher margin and low cost producer.
In an operation update released on Wednesday for the nine months to the end of March, the group said its investment in Mponeng was paying off after the mine reported a 192% increase in operating free cash flow of R1.2bn in the period under review...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.