The company’s attributable gold and gold equivalent Mineral Resources are declared as 136.5Moz as at 30 June 2024, a 1% decrease year on year from the 137.8Moz declared as at 30 June 2023. The total gold contained in the Mineral Resources at the South African operations represents 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 as at 30 June 2024.
Harmony’s attributable gold and gold equivalent Mineral Reserves amount to 40.3Moz, a 2% increase from the 39.3Moz declared at 30 June 2023. The gold reserve ounces in South Africa represent 56%, while the Papua New Guinea gold and gold equivalent ounces represent 44% of Harmony’s total Mineral Reserves as at 30 June 2024. The Australian gold and gold equivalent ounces will be declared once the feasibility study is concluded.
MINERAL RESOURCE
As at 30 June 2024, attributable gold and gold equivalent Mineral Resources were 136.5Moz, down from 137.8Moz. The following tables show the year-on-year reconciliation of the Mineral Resources.
| kg (000) | Moz | |
|---|---|---|
| June 2023 – Gold and gold equivalents | 4 290 | 137.8 |
| Changes during FY24: | ||
| Mined | (74) | (2.3) |
| Net of depletion variance excluding gold equivalents | 70 | 2.2 |
| Gold equivalents | (39) | (1.2) |
| June 2024 – Gold and gold equivalents | 4 247 | 136.5 |
MINERAL RESERVE
As at 30 June 2024, Harmony’s attributable gold and gold equivalent Mineral Reserves were 40.3Moz, up from 39.3Moz. The year-on-year Mineral Reserves reconciliation is shown below.
| kg (000) | Moz | |
|---|---|---|
| June 2023 – Gold and gold equivalents | 1 224 | 39.3 |
| Changes during FY24: | ||
| Mined | (57) | (1.8) |
| Net of depletion variance excluding gold equivalents | 111 | 3.6 |
| Gold equivalents | (26) | (0.8) |
| June 2024 – Gold and gold equivalents | 1 252 | 40.3 |
Please refer to our 2024 Mineral Resources and Mineral Reserves Report for further information.