Video News / Precious Metals
Harmony Gold Reports Record Results as New Technology Enables Continuous Mining ...
03 Sep, 2025 09:03
497 min read
Harmony Gold, South Africa's largest gold mining company, reported record financial results. The company achieved record-high free cash flow exceeding R11-billion and declared a record final dividend of R2.4-billion.
Concurrently, Master Drilling is advancing new mining technology that promises to enable continuous, round-the-clock mining operations. The company outlined three major technological developments that are poised to significantly improve mining efficiency in South Africa, particularly for narrow reef extraction.
The innovations are expected to move the needle for the entire South African mining industry by transforming traditional mining methods into continuous operations.
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