Harmony Gold on Tuesday reported favourable financial and operating results for the financial year ended June 30, with both output and cash flows having benefited from the inclusion of a full year’s production from the Moab Khotsong mine, in South Africa’s North West province, and Hidden Valley, in Papua New Guinea. The JSE- and NYSE-listed company achieved a 17% year-on-year increase in gold production to 1.44-million ounces, resulting in a 23% increase in production profit, which, in turn, contributed to a 32% increase in revenue.
