Harmony Gold Profit Doubles As Prices Surge Despite Hedge Loss
Earnings·1 article across 1 outlet
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Harmony Gold Mining Co.’s profit for the year through June doubled as the biggest producer of South African gold benefitted from booming prices for the precious metal.
The increase in profit comes despite a loss from hedging activities, highlighting the impact of soaring gold prices on the company's financial performance.
Harmony Gold
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“Harmony Gold Mining Co.’s profit for the year through June doubled as the biggest producer of South African gold benefitted from booming prices for the precious metal.”
Bloomberg — Harmony Gold Profit Doubles on Soaring Prices Despite Hedge Loss