Harmony one crypto buy8/14/2023 The company added it continues to advance the Tier 1 Wafi-Golpu copper-gold project, one of the largest copper-gold block cave projects globally, which represents approximately 40% of its mineral reserves. Harmony also reported that during the year, the company continued to grow its surface retreatment operations and advanced its investment in copper through the successful acquisition of the Eva Copper project in Australia. Therefore, the company said that gold production for the group will be towards the upper end of FY23 guidance of between 1,400,000 and 1,500,000 ounces whilst all-in-sustaining costs have remained "comfortably" below R900,000/kg (~US$1,500/oz), as guided, for this financial year. As anticipated, recovered grades at Hidden Valley also improved in the fourth quarter," it added. "As a result, underground recovered grades will be higher than the guided 5.6g/t for FY23. The company said it continues to deliver "excellent" underground-recovered grades from its South African operations, underpinned by a "phenomenal" performance from Mponeng. ( Kitco News) - Harmony Gold (NYSE: HMY), a senior global gold producer, announced today it expects to meet its production and cost guidance and surpass its guidance on underground recovered grades in FY23 (a financial year ending June 30, 2023). Receive a comprehensive recap of the day's top stories directly to your inbox. Get all the essential market news and expert opinions in one place with our daily newsletter.
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