HARMONY:  4,445   -35 (-0.78%)  19/08/2019 00:00

Harmony Gold Mining Says HY EPS Expected To Decrease To Between 6 & 26 South African Cents

Feb 8 (Reuters) - Harmony Gold Mining Company Ltd:

* GOLD PRODUCTION FOR GROUP WAS 751 000OZ FOR SIX MONTHS ENDED 31 DECEMBER 2018, A 34% INCREASE

* HY HEADLINE EARNINGS PER SHARE ARE EXPECTED TO BE BETWEEN 7 AND 29 SOUTH AFRICAN CENTS

* HY ALL-IN SUSTAINING COSTS FOR GROUP INCREASED BY 6% TO R528 265/KG

* HY EARNINGS PER SHARE ARE EXPECTED TO DECREASE TO BETWEEN 6 AND 26 SOUTH AFRICAN CENTS PER SHARE

* TRANSLATION LOSS OF R180 MILLION WAS RECOGNISED ON US$ DENOMINATED DEBT AS AT 31 DECEMBER 2018

* INVESTMENTS IN HIDDEN VALLEY, MOAB KHOTSONG BOOSTED PRODUCTION & CONTRIBUTED SIGNIFICANTLY TO OPERATIONAL FREE CASH FLOW

* REASONABLE DEGREE OF CERTAINTY EXISTS THAT HY EARNINGS TO BE LOWER THAN FOR CORRESPONDING SIX MONTHS ENDED 31 DECEMBER 2017

* DEPRECIATION CHARGE OF R915 MILLION RECORDED FOR HIDDEN VALLEY FOR HY COMPARED TO R19 MILLION FOR SIX MONTHS LAST YEAR Source text for Eikon: Further company coverage:

2019-02-08 09:25:13

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