BRIEF-Harmony Gold Revises FY24 Production And Grade Guidance Upwards

Reuters04-30

April 30 (Reuters) - Harmony Gold Mining Company Ltd

* JSE: HAR - OPERATIONAL UPDATE FOR THE NINE MONTHS ENDED 31 MARCH 2024 (9MFY24)

* HARMONY GOLD - HAVE REVISED OUR FY24 PRODUCTION AND GRADE GUIDANCE UPWARDS AND REDUCED OUR COST AND CAPITAL GUIDANCE

* HARMONY GOLD - TOTAL FY PRODUCTION GUIDANCE INCREASED TO APPROXIMATELY 1 550 000 OUNCES FROM 1 380 000 TO 1 480 000 OUNCES

* HARMONY GOLD - FY ALL-IN SUSTAINING COST GUIDANCE REDUCED TO APPROXIMATELY R920 000/KG, FROM BELOW R975 000/KG

* HARMONY GOLD - CAPITAL GUIDANCE FOR FY24 IS ADJUSTED LOWER TO R8 600 MILLION (US$459 MILLION) FROM R9 500 MILLION (US$507 MILLION)

* HARMONY GOLD - HIGHER RAND GOLD PRICE CONTINUES TO PROVIDE CO WITH SIGNIFICANT TAILWINDS, BOOSTING MARGINS AND FREE CASH FLOW GENERATION

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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