Harmony(HMY)

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Harmony(HMY) - 2021 Q4 - Annual Report
2021-10-29 16:27
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 6K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a16 OR 15d16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For October 29, 2021 Harmony Gold Mining Company Limited Randfontein Office Park Corner Main Reef Road and Ward Avenue Randfontein, 1759 South Africa (Address of principal executive offices) *- (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20 F or Form 40F.) Form 20F ☒ ...
Harmony(HMY) - 2021 Q4 - Annual Report
2021-10-29 16:11
Table of contents As filed with the Securities and Exchange Commission on October 29, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________ FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ...
Harmony(HMY) - 2021 Q4 - Earnings Call Transcript
2021-08-31 16:06
Harmony Gold Mining Company Limited (NYSE:HMY) Q4 2021 Earnings Conference Call August 31, 2021 4:00 AM ET Company Participants Peter Steenkamp - CEO Boipelo Lekubo - Financial Director Harry Ephraim - Executive Director Marian van der Walt - Senior Group Executive, Enterprise Risk and Investor relations Herman Perry - CFO, Treasury Jared Coetzer - Head of IR Conference Call Participants Adrian Hammond - SBG Securities Leroy Mnguni - HSBC Jared Hoover - RMB Morgan Stanley Peter Steenkamp Good day. And thank ...
Harmony(HMY) - 2021 Q4 - Earnings Call Presentation
2021-08-31 13:44
HARMONY © Harmony AUGUST 2021 RESULTS f o r t h e f i n a n c i a l y e a r e n d e d 3 0 J u n e 2 0 2 1 JSE Ticker Code: HAR NYSE Ticker Code: HMY Peter Steenkamp, Chief Executive Officer Boipelo Lekubo, Financial Director SUSTAINABLE GOL 2 © Harmony PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT AND DISCLAIMER FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbour provided by Section 21E of the Exchange Act and Section 27A ...
Harmony Gold Mining Company Limited (HMY) CEO Peter Steenkamp on Q2 FY21 Results - Earnings Call Transcript
2021-02-23 21:37
Harmony Gold Mining Company Limited Q2 2021 Earnings Conference Call Summary Company Overview - **Company**: Harmony Gold Mining Company Limited (NYSE:HMY) - **Date of Call**: February 23, 2021 - **Participants**: - Max Manoeli - Investor Relations Manager - Peter Steenkamp - Chief Executive Officer - Boipelo Lekubo - Financial Director Key Points Financial Performance - Harmony reported exceptional performances in the first half of 2021, supporting its growth strategy initiated in 2016 through acquisitions and portfolio optimization [4][5] - The company declared an interim dividend of ZAR 1.10, reflecting its commitment to delivering positive shareholder returns [5] Dividend Policy - The dividend is based on 20% of net free cash, defined as operating free cash flow after capital, interest, tax, and other expenses [7][9] - Future major capital expenditures and net debt to EBITDA ratios will influence dividend decisions [9][30] Cost Guidance - All-in sustaining cost guidance for the year increased to ZAR 700,000/kg to ZAR 720,000/kg due to additional production from acquired assets and increased royalties [8][13] - COVID-related costs and high royalties are impacting overall costs, but the company maintains that its all-in sustaining costs are in line with guidance [45][46] Asset Management and Acquisitions - Harmony has transformed into an emerging market mining specialist, focusing on creating value throughout the mining cycle [4] - The company has successfully integrated assets from AngloGold Ashanti, which are expected to enhance production and operational efficiency [12][14] Project Development - The Wafi-Golpu project in Papua New Guinea (PNG) has received environmental approval, and the company is re-engaging with the PNG government for further development [21][23] - The company holds 170 million ounces of resources, with a significant portion expected to convert to reserves, particularly from the Wafi-Golpu project [22] Hedging Strategy - Harmony's hedging policy remains unchanged, targeting to hedge 20% of gold production over 24 months, with a focus on locking in margins of 25% above costs [31][32] - The company aims to be selective in hedging to avoid opportunity losses during periods of high market prices [32][35] Stakeholder Engagement - Harmony emphasizes its commitment to sustainable mining practices and community engagement as part of its growth strategy [50] Risks and Challenges - The company faces challenges related to negotiations with various stakeholders in PNG regarding project licensing and fiscal arrangements [24][25] - There is a recognition that if gold prices drop significantly, the company may need to restructure, as hedging alone cannot mitigate all risks [36][37] Additional Insights - The integration of AngloGold assets is expected to yield synergies, with potential conversions of plants to retreatment facilities [16][18] - The company is cautious about its future capital expenditures, indicating that increased spending could impact dividend payouts [30] This summary encapsulates the key discussions and insights from the Harmony Gold Mining Company Limited Q2 2021 earnings conference call, highlighting the company's financial performance, strategic initiatives, and future outlook.
Harmony(HMY) - 2021 Q2 - Earnings Call Presentation
2021-02-23 14:17
HARMONY JSE Ticker Code: HAR NYSE Ticker Code: HMY 23 FEBRUARY 2021 © Harmony INTERIM RESULTS FOR THE SIX-MONTH PERIOD ENDED 31 DECEMBER 2020 Peter Steenkamp, Chief Executive Officer Boipelo Lekubo, Financial Director SUSTAINABLE GOL PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT AND DISCLAIMER 2 FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbour provided by Section 21E of the Exchange Act and Section 27A of the Securities ...
Harmony(HMY) - 2020 Q4 - Annual Report
2020-10-29 14:31
Table of contents As filed with the Securities and Exchange Commission on October 29, 2020 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _______________________________ FORM 20-F ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 30 June 2020 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ...
Harmony(HMY) - 2020 Q4 - Earnings Call Transcript
2020-09-15 14:22
Harmony Gold Mining Company Limited (NYSE:HMY) Q4 2020 Results Earnings Conference Call September 15, 2020 2:30 AM ET Company Participants Peter Steenkamp - Chief Executive Officer Boipelo Lekubo - Executive Director Frank Abbott - Executive director, Business Development Harry Ephraim - Executive Director Max Manoeli - Investor Relations Marian van der Walt - Senior Group Executive, Enterprise Risk and Investor relations Herman Perry - Chief Financial Officer, Treasury Conference Call Participants Arnold V ...
Harmony(HMY) - 2020 Q4 - Earnings Call Presentation
2020-09-15 12:15
© Harmony RESULTS FOR THE YEAR ENDED 30 JUNE 2020 FY20 15 September 2020 Peter Steenkamp, Chief Executive Officer Boipelo Lekubo, Financial Director Harmony Gold Mining Company Limited JSE ticker code HAR; NYSE ticker code: HMY PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT AND DISCLAIMER 2 © Harmony FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbour provided by Section 21E of the Exchange Act and Section 27A of the Securi ...
Harmony(HMY) - 2020 Q2 - Earnings Call Transcript
2020-02-11 23:24
Harmony Gold Mining Company Ltd (NYSE:HMY) Q2 2020 Results Conference Call February 11, 2019 1:30 AM ET Company Participants Peter Steenkamp - CEO Frank Abbott - Financial Director Conference Call Participants René Hochreiter - NOAH Capital Shilan Modi - UBS Investment Bank Arnold Van Graan - Nedbank Capital Dominic O'Kane - JP Morgan Chase & Co Adrian Hammond - Standard Bank Peter Steenkamp Good morning, everybody, and welcome to the results of the first half of FY '20. Special word of welcome also to four ...