Corporate profile

  • JSE: R199.25 +2.28%
  • NYSE:$10.87 +3.92%
  • GOLD:$2 772/oz +0.63%
  • GOLD:R1 640 489/kg +0.85%
  • USD:ZARR18.41 +0.23%
  • At 00:44am, 25 Jan 2025

With more than 74 years in the industry, Harmony is a gold mining specialist with a growing copper footprint.

Harmony is the largest gold producer by volume in South Africa. Globally, the company is the largest producer of gold from the retreatment of old tailings dams, making us a major player in the circular economy. In Papua New Guinea, the company owns and operates the Hidden Valley mine and owns 50% of the tier 1 Wafi-Golpu copper-gold project. Eva Copper, a near-term copper project in Queensland, Australia, was acquired in December 2022.

Our values

Safety

No matter the circumstances, safety is our main priority

Accountable

We are all accountable for delivering on our commitments

Achievement

Achievement is core to our success

Connected

We are all connected as one team

Honesty

We uphold honesty in all our business dealings and communicate openly with stakeholders

Our strategy

Embedding ESG in our business to deliver sustainable business practices – protecting and preserving the environment and creating shared value for our stakeholders.

Improving the safety, productivity and efficiency of our operations while ensuring we meet annual production guidance and achieve operational plans.


Maintaining a strong and flexible balance sheet and a net cash position with excellent liquidity.

Evaluating and prioritising safe, organic growth opportunities and value-accretive acquisitions to deliver positive stakeholder returns and increase margins.

Lower risk
profile

  • Prioritising safety
  • Embedding ESG
    through clear,
    sustainable
    development strategy
  • Continuous skills
    development
  • Experienced
    management
  • Strong succession
    pipeline
Strong operational metrics

  • Operational excellence and good momentum at each mine
  • Better efficiencies
    through various
    business improvement
    initiatives
  • Project execution
    discipline
  • Geared exposure to
    Rand/kg gold price
Long, diversified production profile

  • Significant gold-copper Resource base
  • Excellent Resource to
    Reserve conversion
    potential
  • Identifying growth
    opportunities that lower
    risk and increase
    margins
  • Near-term copper
    production
  • Tier 1 copper-gold
    porphyry
Robust and flexible
balance sheet

  • Net cash position with excellent liquidity
  • Ability to fund capital
    and approved projects
    internally at current
    gold prices
  • Clear hedging strategy
Clear capital allocation framework

  • Balancing growth aspirations with shareholder returns
  • Consistent dividends in line with policy

Explore our world

Harmony Gold is a world-class gold-mining and exploration company with a copper footprint