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

4-Traders Homepage  >  Commodities  >  Gold       XAUUSD

GOLD
Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 11/20 02:30:04 pm
1292.148 USD   -0.11%
12:15pDJGold Edges Down as Dollar Firms
11/14DJHARMONY GOLD : Employees Have Returned to Work at Kusasalethu
11/13DJHARMONY GOLD MI : Kusasalethu Mine Workers Go on Strike
SummaryQuotesChartsNewsAnalysis 
News SummaryAll newsTweets

Harmony Gold Mining : 1Q Production Up 5% on Year

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/07/2017 | 07:25am CET

By Ian Walker

Harmony Gold Mining Co. (HAR.JO) on Tuesday said that total gold production for the first quarter of fiscal 2018 rose 5% compared with the fourth quarter of last year, leading to a fall in operating costs.

The South African gold miner produced a total of 290,644 ounces in the quarter ended Sept. 30, compared with 275,660 for previous quarter and 277,461 for the comparative quarter last year.

Harmony Gold Mining added that production from its South African operations rose 14% compared with the fourth quarter of fiscal 2017--the top end of its guided range--due to a 10% increase in ore milled and a 4% increase in recovered grade.

On Oct. 12 Harmony said it expected first quarter production from its South African underground operations to be 12%-14% higher than the fourth quarter of fiscal 2017.

Total costs fell to $1,152 an ounce in the quarter, compared with $1,219 in the earlier quarter, it said. Costs for its South African underground operations fell 8% to $1,151 an ounce in the quarter.

Write to Ian Walker at [email protected]; @IanWalk40289749

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOLD
12:15pDJGold Edges Down as Dollar Firms
11/14DJHARMONY GOLD : Employees Have Returned to Work at Kusasalethu
11/13DJHARMONY GOLD MINING : Kusasalethu Mine Workers Go on Strike
11/10 Gold investors hold their nerve as stock markets fly
11/09DJSIBANYE GOLD : Reaches Wage Agreement At Kroondal Project
11/08DJMaterials Shares Up as Weaker Dollar Buoys Gold -- Materials Roundup
11/08DJGold Rises on Doubts Over Tax Overhaul, Saudi Shake-up
11/08DJGold Rises on Doubts Over Tax Overhaul, Saudi Shake-up -- Update
11/08DJGold Gains as Tax Bill Faces Challenges
11/07 AURICO METALS : Centerra Gold to buy AuRico Metals in C$310 million deal
More news
Chart GOLD
Duration : Period :
Gold Technical Analysis Chart | XAUUSD | 4-Traders
Technical analysis trends GOLD
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral