Harmony Gold's revenue hits ZAR 100 billion as gold prices soar

Harmony Gold's revenue hits ZAR 100 billion as gold prices soar

Harmony Gold pulled in ZAR 100 billion last year — up 34% — and profits jumped 87%. The reason: gold sold for 35% more, averaging US$3,811 an ounce. An accounting adjustment (a paper gain, not actual cash) also helped profits under South African reporting rules.

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