Harmony Gold Mining expects annual earnings to rise due to a 35% increase in gold prices and a recent copper acquisition.
Harmony Gold Mining (HMY) anticipates higher full-year earnings for FY 2026, driven by a 35% rise in gold prices compared to the previous year. The company also cited its recent acquisition of MAC Copper as a contributing factor to revenue growth.
Shares of Harmony Gold climbed 6.2% in Friday’s trading following the announcement. The miner’s outlook reflects broader strength in precious metals markets and strategic expansion into copper assets.
No immediate market reaction beyond the share price movement was reported.