Harmony Gold forecasts FY26 EPS up 90%-108% on higher gold price, impairment reversals
HMY•CSA copper output
The CSA mine delivered 18,207 tonnes of copper at a 3.75% recovered grade. A total of 16,719 tonnes were sold at an average of US$5.62/lb.
Production and cost metrics
Group gold output totaled 44,464 kg.
AISC held at R 1,191,698/kg, within guidance, and underground recovered grade was 5.83 g/t.
Higher realized gold price and sales support revenue
The average gold price received rose 35.3% to R 2,069,710/kg from R 1,529,358/kg. Revenue also included CSA copper sales.
FY26 earnings forecast lifted on higher gold price and impairment reversals
Harmony Gold forecasts FY26 EPS of 4,400-4,800 South African cents, up 90%-108% from 2,313 South African cents.
