Harmony Gold Mining Company Limited reported a 16% increase in revenue to R61,379 million for the fiscal year ended June 30, 2024, driven by higher gold prices and increased production. Gold sales rose 5.5% to 48,222kg, while the average gold price received climbed 16.4% to R1,201,653 per kilogram.Production costs increased 11.6% to R38,923 million due to inflationary pressures. All-in sustaining costs rose marginally by 1.3% to R901,550 per kilogram. The company recorded an impairment charge of R2,793 million related to a decrease in the Target North project's mineral resource estimate.Net cash generated from operations surged to R15,650 million from R9,948 million in the prior year. Harmony ended the fiscal year with a stronger balance sheet, repaying net borrowings of R3,747 million. The company remains focused on cost control and operational efficiency to maintain profitability amid industry challenges.

Harmony Gold Mining Company Limited reported a 16% increase in revenue to R61,379 million for the fiscal year ended June 30, 2024, driven by higher gold prices and increased production. Gold sales rose 5.5% to 48,222kg, while the average gold price received climbed 16.4% to R1,201,653 per kilogram.Production costs increased 11.6% to R38,923 million due to inflationary pressures. All-in sustaining costs rose marginally by 1.3% to R901,550 per kilogram. The company recorded an impairment charge of R2,793 million related to a decrease in the Target North project's mineral resource estimate.Net cash generated from operations surged to R15,650 million from R9,948 million in the prior year. Harmony ended the fiscal year with a stronger balance sheet, repaying net borrowings of R3,747 million. The company remains focused on cost control and operational efficiency to maintain profitability amid industry challenges.