Harmony Gold Mng SEC Filings

Harmony Gold reported FY25 results showing value-driven performance: group gold production of 46 023kg (1,479,671oz), within guidance though down 5% year-on-year. Adjusted free cash flow reached a record R11.1 billion (US$614m), up 54%, supporting a final dividend of 155 SA cents and a net cash position of R11.1 billion with R20.9 billion liquidity. Underground recovered grade improved to 6.27g/t led by Mponeng (11.27g/t). AISC rose to R1,054,346/kg (US$1,806/oz). Resources remain significant (135.5Moz) while reserves fell to 36.8Moz. Copper strategy advanced: Eva Copper resource +31% to 1.93Mt Cu and MAC Copper (CSA) acquisition expected to complete in October 2025. FY26 guidance: 1.4–1.5Moz production, underground grade >5.8g/t, AISC R1,150,000–R1,220,000/kg and capex ~R12,950m.

Harmony Gold reported mixed operational and financial results. Total gold production fell 5% to 46,023kg (1,479,671oz) but remained within guidance, while Mponeng mine delivered a strong 19% production increase and exceptional recovered grades of 11.27g/t. Group all-in sustaining costs rose 17% to R1,054,346/kg (US$1,806/oz), consistent with guidance, but the average gold price received increased 27% to R1,529,358/kg (US$2,620/oz). Higher prices and volumes lifted group revenue 20% to R73,896 million (US$4,071 million). Net cash strengthened 285% to R11,148 million (US$628 million) and liquidity totaled R20,925 million (US$1,179 million). Mineral resources expanded: Eva Copper resource up 31% to 1.93Mt contained copper and gold resources rose 12% to 492koz; company-wide declared mineral resources are 135.5Moz with reserves of 36.8Moz. MAC Copper acquisition is expected to close October 2025. A final dividend of 155 SA cents (~8.9 US cents) per share was declared, bringing FY25 payout to R2.4 billion (US$133 million).

Harmony Gold Mining Company Limited reports expected full-period earnings per share of between 2,180 and 2,450 South African cents per share, representing an increase of 57% to 77% versus the prior period EPS of 1,386 SA cents. In US dollar terms the company expects EPS of 120 to 132 US cents, an increase of 64% to 81% compared with the prior period profit per share of 73 US cents. Headline earnings per share are stated as expected to be between 2,190 and 2,500 SA cents, but the disclosure is truncated and the comparative percentage is not provided in the available text.

Harmony Gold Mining Company Limited (HMY) has received approval from the Australian Foreign Investment Review Board (FIRB) for its acquisition of MAC Copper, meaning the regulatory condition precedent in clause 3.1(c) of the Implementation Deed is now fulfilled and all regulatory conditions to the Scheme are met. Management says the CSA mine fits Harmony's gold-copper growth strategy and that the transaction advances Harmony's transformation into a global gold and copper producer. The Scheme still requires shareholder approvals at meetings on 29 August 2025, completion or waiver of specified conditions under the Streams Restructure Deed, and sanctioning by the Court at the Court Sanction Hearing.

Harmony Gold Mining Company Limited announced the appointment of Mr Frans Lombard as an independent non-executive director effective 14 August 2025. The notice cites Mr Lombard's experience across metals, mining, engineering, and construction and his understanding of governance, audit, and regulatory environments as reasons the board expects his addition to strengthen oversight and support the company's commitment to sustainable value for shareholders and wider stakeholders. The announcement includes a quotation from Dr Patrice Motsepe, Harmony's chairman, welcoming Mr Lombard. Contact details for the Group Company Secretary, Shela Mohatla, and the sponsor, J.P. Morgan Equities South Africa, are provided in the release dated 15 August 2025.

Harmony Gold Mining Company Limited (HMY) reiterates that it will meet all FY25 operating and financial guidance metrics. Total gold production is expected between 1.4 – 1.5 million ounces, with all-in sustaining costs (AISC) comfortably inside the R1 020 000 /kg – R1 100 000 /kg range. Underground recovered grades will exceed the 6 g/t guidance and full-year capital expenditure is set to come in slightly below the R10.8 billion budget.

The group attributes this performance to its three-year operational turnaround, stringent cost discipline over its predominantly rand-denominated cost base (labour, consumables, electricity) and continued benefit from a robust rand gold price. Management emphasises that safety remains “non-negotiable”, highlighting the roll-out of the Thibakotsi safety framework aimed at achieving zero harm.

FY25 operational highlights

• Met or surpassed guidance for the 10th consecutive year.
• Record interim dividend of R1.4 billion.
• JSE share price reached an all-time high in April 2025.
• Phase 1 of the Mine Waste Solutions extension completed on time and on budget.
• MSCI upgraded ESG rating to BB (from B) in June 2025.
• Announced potential acquisition of MAC Copper (NSW, Australia) which could add >40 000 tpa copper and be cash-flow accretive after anticipated H2 2025 closing.

Strategic outlook

FY26 capital will be focused on higher-grade, lower-risk assets (Hidden Valley, Moab Khotsong, Mponeng). Feasibility on the Eva Copper project is nearing completion; results will be released with FY25 results on 28 August 2025. Permitting for the Tier-1 Wafi-Golpu copper-gold project continues to be a long-term priority.

The financial information in this 6-K is management-prepared and has not been reviewed by external auditors. A detailed, audited set of results will be presented on 28 August 2025.

Harmony Gold Mining Company Limited filed a Form 6-K on 20 June 2025 that discloses a routine director dealing. Executive director H.E. Mashego executed an on-market sale of 1,000 ordinary shares on 19 June 2025 at R261.50 per share, for a total value of R261,500. The interest is classified as direct beneficial, and the company confirms that prior clearance for the transaction was obtained under JSE Listings Requirements 3.63-3.74. No additional financial metrics, earnings information, or major corporate actions are included in this filing.