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Harmony’s underground gold mines producing at 38% free cash margin
In financial year 2026 (FY26), Mponeng and Moab Khotsong, the high-grade South African underground operations of Harmony Gold, produced 15 t at 9 g/t with a 38% free cash flow margin. Mponeng, the world’s deepest mine, was the primary driver of this performance as Moab Khotsong moves into an ore gap.
Raccontata da
engineeringnews.co.za
Timeline cronologica
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Harmony’s free cash flow rockets 54% to record R17bn
The operating free cash flow of gold and copper mining company Harmony increased by 54% to a record R17 148-million on higher average gold price received and copper sales from the…
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Harmony’s underground gold mines producing at 38% free cash margin
In financial year 2026 (FY26), Mponeng and Moab Khotsong, the high-grade South African underground operations of Harmony Gold, produced 15 t at 9 g/t with a 38% free cash flow…