S.Africa's Harmony Gold says higher grades boost Q2 production

Kitco Media
By Reuters
Published:
Updated:
Reuters
Feb 1 (Reuters) - Harmony Gold said on Wednesday improved metal grades at its underground mines during the second quarter helped it meet production targets and offset the impact of ongoing power cuts in South Africa and global supply chain disruptions. The South African miner, which also has operations in Papua New Guinea, expects to report gold production between 720,000 ounces and 745,000 ounces for the six months to December 2022. Harmony said it was on track to meet its annual production guidance between 1.4 and 1.5 million ounces in the full year to June 2023. The company will release its financial results for the half year on March 1. (Reporting by Nelson Banya; Editing by Muralikumar Anantharaman)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.