Harmony Gold on track to meet FY25 guidance

Harmony Gold anticipates meeting its FY25 production guidance of 1,400,000 to 1,500,000 ounces, with all-in-sustaining costs comfortably within the R1,020,000/kg to R1,100,000/kg range. Underground recovered gold grades are expected to exceed the guided 6g/t. The company highlighted its potential acquisition of MAC Copper in New South Wales, Australia, which could add over 40,000 tonnes of annual copper production. Harmony's JSE share price reached a record high in April 2025, and it paid out a record interim dividend of R1.4 billion. The company is continuing to allocate the majority of project capital to higher-grade, higher-quality assets.