Johannesburg, South Africa. Thursday, 17 November 2022. Harmony Gold Mining Company Limited (“Harmony” or “the Company”) is pleased to report our operational performance for the three months ended 30 September 2022 (“Q1FY23”).

South Africa total LTIFR at 5.68, trending below 6.00 for four consecutive quarters
Operating free cash flow up 17% to R857m (US$50m) driven by South African underground performance
Tshepong Operations disaggregation delivers outstanding results, generating operating free cash flow of R314m (US$18m), 37% of group
Underground recovered grades up 1% to 5.35g/t from 5.30g/t
Total gold production down 4% to 11 396kg (366 390oz) from 11 879kg (381 919oz) mainly due to the closure of Bambanani at the end of FY22
Average gold price received up 1% to R954 916/kg (US$1 743/oz) from R944 671/kg (US$1 885/oz) last quarter
Group all-in sustaining costs (“AISC”) increased 5% to R907 864/kg (US$1 657oz) from R865 523/kg (US$1 727/oz) impacted by Eskom winter electricity tariffs
Group all-in costs (“AIC”) increased 4% to R946 204/kg (US$1 727/oz) from R906 706/kg (US$1 810/oz)
DOWNLOAD FOR MORE DETAILS
Operational update for the three months ended 30 September 2022 (“Q1FY23”) (PDF – 366KB )
SENS: Operational update for the three months ended 30 September 2022 (“Q1FY23”) (PDF – 75.2KB)
Shaft summaries (XLS – 133KB)
Published November 17, 2022
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