Recent Updates — HMY

Harmony Gold Mining Company Limited priced US$500 million in guaranteed senior unsecured convertible bonds due September 29, 2031. The bonds carry a 1.5% annual coupon payable semi-annually and are convertible into approximately 19.4 million ordinary shares at an initial price of ZAR 418.60 ($25.75), representing a 40% premium to the reference share price. Net proceeds will fund general corporate purposes, while concurrent placement of existing shares by buyers hedging bond positions generated no proceeds for the company. The bonds are guaranteed by multiple Harmony subsidiaries and affiliates.

Harmony Gold Mining Company Limited announced the launch of a US$500 million offering of guaranteed senior unsecured convertible bonds due in 2031. The net proceeds will be used for general corporate purposes to optimize balance sheet structure and reduce capital costs. The bonds carry a coupon between 1.5% and 2.0%, payable semi-annually, with an expected issue date around September 29, 2026. Conversion is anticipated into approximately 18.9 million ordinary shares, representing roughly 2.9% of current share capital, subject to a premium of 35.0% to 40.0% above the reference price. Guarantors include Harmony Gold (Australia) Pty Limited and other subsidiaries. The company operates in the gold mining industry.

Harmony Gold Mining Company Limited met its annual gold production guidance for the 11th consecutive year, expecting production between 1.4 million and 1.5 million ounces with underground recovered grades of approximately 5.80g/t. The company also expects the CSA copper mine to deliver 17,500 to 18,500 tonnes of copper, and returned a record R4.4 billion to shareholders through dividends over the past 12 months. Harmony Gold Mining Company Limited is a gold and copper mining company.

Harmony Gold Mining Company Limited reported a tragic loss-of-life incident at its Moab Khotsong mine near Orkney, South Africa, on Friday, 19 June 2026, involving a single employee who died in a seismicity-related fall-of-ground incident. An investigation by the Department of Mineral and Petroleum Resources (DMPR) is currently underway. Harmony Gold Mining Company Limited is a gold mining company operating in the mining industry.