Mineral resources and mineral reserves

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  • At 11:29am, 16 Dec 2024

As at 30 June 2023, attributable gold and gold equivalent Mineral Resources of 137.8Moz was declared, a 4% increase from the 132.6Moz declared as at 30 June 2022. Total gold contained in the Mineral Resources at the South African operations represented 66% of the company total, with the Papua New Guinea operations representing 28% and Australian operations 6% of Harmony’s total gold and gold equivalent Mineral Resources.

Total attributable gold and gold equivalent Mineral Reserves amount to 39.3Moz as at 30 June 2023, a 1% decrease from the 39.8Moz declared at 30 June 2022. Mineral reserve gold ounces in South Africa represented 51%, while the Papua New Guinea gold and gold equivalent ounces represented 49%. Australian gold and gold equivalent ounces will be declared once the feasibility study is concluded.

MINERAL RESOURCE RECONCILIATION

kg (000)Moz
June 2022 – Gold and gold equivalents4 125132.6
Changes during FY23:
Mined(68)(2.2)
Net of depletion variance excluding gold equivalents(57)(1.8)
Gold equivalents2909.3
June 2023 – Gold and gold equivalents4 290137.8

MINERAL RESERVE RECONCILIATION

kg (000)Moz
June 2022 – Gold and gold equivalents1 23839.8
Changes during FY23:
Mined(53)(1.7)
Net of depletion variance excluding gold equivalents110.4
Gold equivalents270.9
June 2023 – Gold and gold equivalents1 22439.3

Please refer to our 2023 Mineral Resources and Mineral Reserves Report for further information.