BRIEF-Harmony Gold Says Production Increased By 38% Quarter-On-Quarter

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BRIEF-Harmony Gold Says Production Increased By 38% Quarter-On-Quarter
Credit: © Reuters.

Nov 9 (Reuters) - Harmony Gold Mining Company Ltd HARJ.J :

* HARMONY GOLD - QTRLY TOTAL GOLD PRODUCTION INCREASED BY 38%

* HARMONY GOLD - ARE IN PROCESS OF INTEGRATING OUR NEWLY ACQUIRED ASSETS IN LINE WITH OUR GROWTH STRATEGY

* HARMONY GOLD - QUARTER-ON-QUARTER, PRODUCTION INCREASED BY 38% FROM 7 049KG (226 632OZ) TO 9 758KG (313 725OZ)

* HARMONY GOLD-WITH CURRENT FAVOURABLE MARKET PRICES & CURRENT LEVELS OF PRODUCTION PREVAILING, EXPECT TO BE IN NET CASH POSITION BY END OF MARCH 2021

* HARMONY GOLD - REDUCED NET DEBT TO EBITDA RATIO FROM NORMALISED 0.8X IN JUNE 2020 TO 0.5X BY QUARTER END

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