Good grade uplifts Harmony's gold output
Despite the ongoing electricity shortages and supply chain disruptions, the total gold production of Harmony Gold has increased quarter-on-quarter, the Johannesburg- and New York-listed company, which will be presenting at next week’s Investing in African Mining Indaba in Cape Town, stated on Wednesday. The quarter-on-quarter production increase was ascribed mainly to improved underground recovered grades mined during the second quarter of Harmony’s financial year 2023, which were higher than the 5.45 g/t to 5.60 g/t guided earlier this year. Underground recovered grade guidance fo...