Harmony Gold Mining completes MAC Copper acquisition

Harmony Gold Mining has completed the acquisition of MAC Copper, the proprietor of the high-grade CSA copper mine in New South Wales, Australia. The deal was completed through its wholly owned subsidiary, Harmony Gold (Australia). This acquisition, first announced in May 2025, was executed on 24 October through a Jersey law Scheme of Arrangement. Harmony purchased all of MAC's securities at a price of $12.25 per share, resulting in a total equity valuation of $1.01bn (£756.7bn). The transaction was fin ...