Higher gold price, consistent production drive up Harmony's interim earnings
JSE-listed mining and exploration company Harmony Gold Mining Company expects to report an increase of up to 42% in its earnings per share (EPS) and headline earnings per share (HEPS), in rand terms, for the six months ended December 31 on the back of a higher gold price and the delivery of safe, predictable and consistent production. In a February 27 trading statement, the group notes that the average gold price received for the six months under review had been 23% higher year-on-year, in rand terms, at R1.41-million a kilogramme. In dollar terms, the average gold price received had increased by 28% year-on-year to $2 437/oz.
JSE-listed mining and exploration company Harmony Gold Mining Company expects to report an increase of up to 42% in its earnings per share (EPS) and headline earnings per share (HEPS), in rand terms, for the six months ended December 31 on the back of a higher gold price and the delivery of safe, predictable and consistent production. In a February 27 trading statement, the group notes that the average gold price received for the six months under review had been 23% higher year-on-year, in rand terms, at R1.41-million a kilogramme. In dollar terms, the average gold price received had increased by 28% year-on-year to $2 437/oz.
