Harmony Gold Mining Company Operational Update for Nine Months Ended March 2026

Harmony Gold Mining Company reported strong operational results for the nine months ended March 31, 2026, with a return to net cash position and confidence in achieving full-year guidance. The company generated gold and copper revenue of R68.4 billion (US$4.0 billion), a 34% increase driven by a 39% rise in average gold price received. Harmony moved from net debt of R5.6 billion to net cash of R1.3 billion, supported by strong free cash flow generation. Gold production decreased 3% to 33,393kg (1.07 million ounces) in line with plan, while copper production totaled 9,596 tonnes since the CSA mine acquisition. The company maintained disciplined cost control with all-in sustaining costs for gold assets increasing 14% to R1.17 million/kg. Key growth projects including Eva Copper and CSA integration are progressing on schedule. Harmony also announced a record interim dividend of R3.38 billion (530 SA cents per share) under its new dividend policy, which returns up to 50% of net free cash to shareholders.