South Africa
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Harmony Gold beefs up growth plans with R4.1bn Aussie copper project deal

Acquiring Eva Copper will help future-proof the SA producer, says CEO Peter Steenkamp

Harmony Gold has agreed to buy Eva Copper project in Australia and its exploration land package in a R4.1bn transaction that seeks to further diversify its revenue base while giving it an opportunity to participate in the global transition to a low-carbon economy.

The proposed deal, which will be funded from cash and a revolving credit facility, will beef up Harmony Gold’s offshore assets...

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