Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Commodities  >  Gold       XAUUSD

GOLD

SummaryQuotesChartsNews 
News SummaryAll news

South Africa's Harmony Gold half-year profit slumps 94 pct

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/12/2019 | 02:29am EDT
Sun sets behind a shaft outside the mining town of Carletonville

JOHANNESBURG (Reuters) - Harmony Gold's half-year profit plunged 94 percent due to higher costs, a weaker rand and higher depreciation costs related to its Hidden Valley operations, the South African miner said on Tuesday.

Headline earnings per share (HEPS), the main profit measure in South Africa that strips out certain one-off items, fell to 14 cents ($0.0101) per share for the six months ended Dec. 31, 2018, from 224 cents per share a year earlier.

The miner said gold production rose 34 percent to 751,008 ounces, boosted by the inclusion of a full six months of Moab Khotsong and Hidden Valley operations.

($1 = 13.7990 rand)

(Reporting by Tanisha Heiberg; Editing by Subhranshu Sahu)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOLD
04/25NEWMONT MINING : Profit Falls As It Looks to Future With Goldcorp
DJ
04/25MAJEDIE ASSET MANAGEMENT LTD MAJEDIE : Form 8.3 - Sibanye Gold Ltd
DJ
04/25South Africa's Gold Fields Q1 production up 10 pct
RE
04/25GOLD FIELDS : 1Q 2019 Production Rose 11%
DJ
04/24Gold Rises as Signs of Global Weakness Trigger Haven-Asset Demand
DJ
04/24CENTAMIN : reports better-than-expected first-quarter gold output
RE
04/23Materials Up, But Not By Much, As Dollar Strengthens -- Materials Roundup
DJ
04/23Agnico bets on high grade gold as it digs in Canada's remote north
RE
04/20Copper-Mine Deal Weighed in Chile As Prices Increase -- WSJ
DJ
04/18SIBANYE GOLD : Hsbc Securities (South Africa) (Pty) Limited - -2-
DJ
More news
Chart GOLD
Duration : Period :
Gold Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GOLD
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral