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Harmony’s underground gold mines producing at 38% free cash margin

Harmony's underground gold mines producing at 38% free cash margin

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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…

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