Harmony Gold Mining Co ( (HGMCF) ) has released its Q4 earnings. Here is a breakdown of the information Harmony Gold Mining Co presented to its investors.
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Harmony Gold Mining Company Limited, a South African-based gold mining company, is known for its operations in gold and copper mining, with a focus on safety, sustainability, and operational excellence. In its latest earnings report for the fiscal year ending June 30, 2025, Harmony Gold Mining Co highlighted strong financial performance with record cash flows and strategic expansion into copper mining. The company reported a 54% increase in adjusted free cash flow to R11.1 billion, driven by higher grades and gold prices, alongside a 20% revenue increase to R73.9 billion. Despite a 5% decrease in gold production, Harmony maintained its production guidance and achieved a 3% increase in underground recovered grades. The company declared a final dividend of 155 SA cents per share, reflecting its commitment to shareholder returns. Looking forward, Harmony plans to continue its strategic copper expansion, with the MAC Copper acquisition expected to conclude in October 2025, and remains focused on long-term value creation through disciplined capital allocation and sustainable mining practices.