Mining News

Harmony Gold’s profit plunges, interim dividend declared

The net profit of gold mining company Harmony Gold plunged 69% to R1.4-billion from R4.6-billion in the six months to December 31, and an interim dividend has been declared out of income reserves. Revenue increased by 2% to R22-billion from R21.6-billion and  the operating free cash flow margin halved to 11%, the Johannesburg- and New York-listed company stated in a Stock Exchange News Service announcement.

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