Harmony Gold Revenue Rises 3% Despite 12% Production Decline
Harmony Gold said higher gold prices more than offset lower production and backed its full-year guidance. First-quarter gold revenue rose 3% to $1.4 billion for the three months ended Sept. 30, while production fell 12%.
By Adam WhittakerHarmony Gold said higher gold prices more than offset a fall in production, while it backed its full-year guidance.The gold miner said Monday that first-quarter gold revenue for the three months ended Sept. 30 increased 3% to $1.4 billion despite a 12% decline in gold production. I…