Harmony Gold: Expect Moderate Growth In 2024 (NYSE:HMY)
Thesis. Harmony Gold ( NYSE: HMY) is a senior gold producer with a diversified mix of underground/open-pit primarily gold mining assets in South Africa, Papua New Guinea, and Australia. HMY ...
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Gold sector wage negotiations deadlocked
Gold sector wage negotiations deadlocked. Wage negotiations in SA's gold mining sector have reached a deadlock, but none of the parties involved would like to refer to it as such. And, reports Mineweb, it seems Harmony Gold is at the centre of it. The gold miner's final offer of R500 and a 4.6% increase for entry-level and skilled workers ...
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Mining Weekly
Harmony's Doornkop mine ... of South Africa have reached a three-year wage agreement with JSE-listed Harmony Gold. ... provision for a 6% salary increase every year for the next three years for ...
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Company announcements Archives | Harmony Gold Mining …
Harmony Gold Mining Company Limited. Home; Contacts; Suppliers; Home; About us Open menu. ... Harmony concludes three-year wage agreement. Read more. September 02, 2021. Fatality at Mponeng. Read more. August 31, 2021. Results for the year ended 30 June 2021 – short form announcement.
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Harmony Gold Mining Company Limited (HMY) CEO Peter …
Harmony Gold Mining Company Limited (NYSE:NYSE:HMY) Q4 2020 Results Earnings Conference Call September 15, 2020 2:30 AM ETCompany ParticipantsPeter...
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Harmony Gold and unions agree 7.8% total average wage increase in …
The category 4 to 8 employees will receive a wage increase of R1,000 for each year of the wage agreement whilst miners, artisans and officials will receive an increase of 6% of their basic wage for each year of the agreement, said Harmony Gold. The total average wage increase negotiated is 7.8% in year one, 7.4% in year two and …
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SALIENT FEATURES HIGHER RECOVERED GRADES …
Harmony Gold Mining Company Limited ("Harmony" or "the Company") is pleased to ... • 11% increase in gold revenue to R33 982 million (US$1 946 million) from R30 669 million (US$2 033 million) ... We pay our respects to Luyanda Nkwane, a development team member from Tshepong Mine and Tshimane Isaac Matabane, a stope team member …
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INTERIM RESULTS FY23 Harmony Gold Mining Company …
Gold revenue for this reporting period increased by 6% to R22 750 million (US$1 314 million) compared to R21 510 million (US$1 431 million) in H1FY22. This increase was mainly as a result of higher underground recovered grades and a 12% increase in the average gold price received to R963 439/kg (US$1 debt facilities.
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7 Penny Stocks To Buy That Pay Dividends | InvestorPlace
HMY stock is another gold mining stock that looks attractive among penny stocks. Currently, the stock offers a dividend yield of 1.8% and it's likely that dividends will increase in the coming ...
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Harmony Gold: Shiny Fundamentals, But A Dull 2024 Outlook …
Harmony Gold Mining Company Limited (NYSE:HMY) warrants a hold rating due to multiple mixed variables impacting its share price going into 2024. Key factors …
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Harmony Gold Mining Company Limited (HMY) H1 2023 Earnings …
South Africa Harmony Gold Mining Company Limited (HMY) H1 2023 Earnings Call Transcript Mar. 03, 2023 2:04 PM ET Harmony Gold Mining Company …
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High grades at Mponeng, Moab Khotsong boost Harmony's …
An increase in recovered grades at Harmony Gold 's South African underground gold mining operations has resulted in a solid performance for the nine months to March 31. "The high-grade assets ...
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Harmony Gold Mining Company Ltd. (HARMONY) JSE:HAR …
Get the latest financial information on the JSE listed company Harmony Gold Mining Company Ltd. (HAR), including the stock price, historical share price performance charts, annual reports, market ...
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Harmony Gold inks historic wage deal with five unions
Harmony said in a statement that "this translates to an average increase of 8.4% for employees across these categories". "Miners, artisans and officials will receive a wage increase of 6% of ...
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Harmony passes dividend as net debt climbs R4bn following …
Harmony's dividend policy is to pay a return of 20% of net free cash generated Net debt increased to R4.7bn as of end-December compared to R757m a year previously. The increase included the $170m cash payment to Australia's Copper Mountain Mining Corp. as well as R3.12bn ($210m) advancing the Zaaiplaats and Kareerand …
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Exploring the Mines of South Africa
Many old South African gold mines in the West Rand of Johannesburg and platinum mines outside ... a seismic event at the Harmony Gold Doornkop mine on the outskirts of Johannesburg led to nine fatalities of mine workers. This and similar ... temperatures and rock stress increase, making working conditions less hospitable (or costly to cool) and ...
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Unions hail Harmony's three-year wage agreement, shift focus
Labour unions at Harmony have signed a three-year wage deal with the gold producer. iStock Harmony has reached a three-year wage agreement, that will …
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Harmony Gold Mining Company Limited to present at the dbVIC
11% increase in gold revenue to R33 982 million (US$1 946 million) from R30 669 million (US$2 033 million) 49% increase in group operating free cash flow to R3 237 million (US$186 million) from R2 ...
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55C-6-206
Acting on behalf of HARMONY GOLD MINING COMPANY LTD in respect of the mines and operations listed in Annexure A hereto (hereinafter referred to as the "Employer" or "Company") ... Increase on standard rate of pay 6.3% increase on standard rate of pay R700 or 6.3% increase to standard rate of pay Year 2 R750 Increase on standard rate …
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Mponeng Mine | South Africa | Underground | Harmony
The 23% increase in the volume of ore milled – 840 000 tonnes as compared to 683 000 tonnes in the nine months of FY21 – contributed to increased gold production of 6 086kg (195 669oz). This higher level of gold production, together with a 4% increase in the average gold price received, boosted revenue by 18% to R5 620 million.
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Harmony's (HMY) Earnings Increase, Revenues Down Y/Y in FY23
August 31, 2023 at 5:52 AM · 3 min read. Harmony Gold Mining Company Limited HMY logged adjusted earnings of 45 cents per share for fiscal 2023 (ended Jun 30, 2023), up 36% from adjusted earnings ...
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Harmony Gold concludes 3-year wage agreement
Harmony Gold Mining Company has concluded a three-year wage agreement in respect of wages and conditions of service for the period 1 July 2021 to 30 …
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Harmony Moves Forward With Plans To Expand World's Deepest Gold Mine …
According to Harmony, the Mponeng mine delivered "stellar" performance levels this fiscal year, boosting output by 22% and allowing the company to rebound from previous losses. Last year, the company had a net loss of $48 million, though the Mponeng mine has allowed Harmony to increase its annual profit to $275 million.
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Harmony Gold and unions agree 7.8% total average wage …
- September 16, 2021 HARMONY Gold has agreed a total average increase of 7.8% falling to seven per cent in the final year of a new three-year wage agreement with unions.
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Company announcements
Harmony is a global, sustainable gold mining and exploration company with a copper footprint in our Wafi-Golpu and Eva Copper projects. Read more. Corporate profile; History; Board; ... 11% increase in gold revenue to R33 982 million (US$1 946 million) from R30 669 million (US$2 033 million)
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Harmony Gold Mining (HMY) Stock Price, News & Analysis
Harmony Gold Mining has a dividend yield of 0.56%, which is in the bottom 25% of all stocks that pay dividends. Dividend Growth. Harmony Gold Mining has only been increasing its dividend for 1 years. Dividend Sustainability. Based on earnings estimates, Harmony Gold Mining will have a dividend payout ratio of 3.16% next year.
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Integrated Annual Report 2018
gold mines operating in South Africa today are unprofitable2. Despite these challenges Harmony remains committed to a "living wage" approach for its employees. For a detailed account of the overall remuneration packages of Harmony's lower level employees (category 4 – 8), please refer to page 120 of this Remuneration report. Financial ...
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Harmony and unions reach three year wage agreement
Johannesburg. Wednesday, 3 October 2018 . Harmony Gold Mining Company Limited ("Harmony" and/or "the company") wishes to announce that it has …
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Harmony concludes three-year wage agreement
Johannesburg, Thursday, 16 September 2021. Harmony Gold Mining Company Limited ("Harmony" and/or "the Company") has concluded a three-year wage agreement ("wage agreement") in respect of wages and conditions of service for the …
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Harmony Gold Mine Salaries in South Africa | Indeed
How much does Harmony Gold Mine in South Africa pay? See Harmony Gold Mine salaries collected directly from employees and jobs on Indeed. Salary information comes from 38 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. Please note that all salary figures are ...
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