Harmony reported revenue up 34% to R68.39bn for the nine months to 31 March 2026, driven by a 39% increase in the average gold price received. Gold production fell 3% to 33,393kg, while AISC increased 14% to R1.17m/kg. Free cash flow at an operational level rose 87%, helping the group return to a net cash position of R1.33bn from net debt of R5.55bn. Harmony said it remains on track to meet full year production, grade and cost guidance for both gold and copper operations.
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