Morningstar

Harmony Gold Gets Boost from Higher Gold Prices

Provided by Dow Jones Nov 9, 2026, 3:14:00 PM

By Adam Whittaker

Harmony 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. It said there was a 17% increase in its average gold price received to $4,057 a troy ounce.

Harmony is building out its copper assets and said it generated $79 million in revenue. Harmony completed the acquisition of the CSA mine in Australia in October 2025, which means there is no comparable figure for the first quarter of fiscal 2026, it said.

The company backed its full-year gold and copper production guidance.

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

November 09, 2026 10:14 ET (15:14 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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