Harmony makes R18bn bid for another Australian copper asset

JSE-listed Harmony Gold Mining Company has entered into a binding agreement to acquire 100% ownership of MAC Copper for a total equity value of $1.03-billion, or $12.15 apiece. Harmony announced on May 27 that its subsidiary in Australia will undertake the R18.4-billion acquisition.

May 27, 2025 - 10:15
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Harmony makes R18bn bid for another Australian copper asset
JSE-listed Harmony Gold Mining Company has entered into a binding agreement to acquire 100% ownership of MAC Copper for a total equity value of $1.03-billion, or $12.15 apiece. Harmony announced on May 27 that its subsidiary in Australia will undertake the R18.4-billion acquisition.