Harmony Gold Files 20-F for FY2024

Ticker: HGMCF · Form: 20-F · Filed: Oct 31, 2024 · CIK: 1023514

Harmony Gold Mining CO LTD 20-F Filing Summary
FieldDetail
CompanyHarmony Gold Mining CO LTD (HGMCF)
Form Type20-F
Filed DateOct 31, 2024
Risk Levelmedium
Pages15
Reading Time18 min
Key Dollar Amounts$1.00
Sentimentneutral

Sentiment: neutral

Topics: annual-report, mining, sec-filing

Related Tickers: HMY

TL;DR

Harmony Gold's 20-F is in, covering FY24. Check it for the latest financials.

AI Summary

Harmony Gold Mining Co Ltd filed its annual 20-F report for the fiscal year ending June 30, 2024. The filing details the company's operations and financial performance, including its primary listing on the New York Stock Exchange (NYSE) under ticker HMY. The report covers the period from July 1, 2023, to June 30, 2024, and includes financial data from previous fiscal years for comparison.

Why It Matters

This 20-F filing provides investors with a comprehensive overview of Harmony Gold's financial health and operational status for the past fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: medium — As a mining company, Harmony Gold is subject to commodity price volatility, operational risks, and regulatory changes, which are inherent to the industry.

Key Numbers

Key Players & Entities

FAQ

What is the primary stock exchange where Harmony Gold Mining Co Ltd is listed?

Harmony Gold Mining Co Ltd is listed on the New York Stock Exchange (NYSE), indicated by 'exch:XNYS'.

What is the Central Index Key (CIK) for Harmony Gold Mining Co Ltd?

The Central Index Key for Harmony Gold Mining Co Ltd is 0001023514.

What is the reporting period for this 20-F filing?

The conformed period of report is June 30, 2024, covering the fiscal year from July 1, 2023, to June 30, 2024.

What is the SIC code associated with Harmony Gold Mining Co Ltd?

The Standard Industrial Classification (SIC) code listed is 1040 for GOLD & SILVER ORES, and a more specific 'sic:Z8880' is also present.

What is the filing date for this 20-F report?

The 20-F report was filed as of October 31, 2024.

Filing Stats: 4,577 words · 18 min read · ~15 pages · Grade level 17 · Accepted 2024-10-31 12:23:52

Key Financial Figures

Filing Documents

UNRESOLVED STAFF COMMENTS

ITEM 4A. UNRESOLVED STAFF COMMENTS 156 ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 156 ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 175 ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 175 ITEM 8. FINANCIAL INFORMATION 176 ITEM 9. THE OFFER AND LISTING 177 ITEM 10. ADDITIONAL INFORMATION 178 ITEM 11.

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 184 ITEM 12.

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES

DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 186 PART II ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 187 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS 187 ITEM 15.

CONTROLS AND PROCEDURES

CONTROLS AND PROCEDURES 187 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 188 ITEM 16B. CODE OF ETHICS 188 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 188 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 189 ITEM 16E. PURCHASE OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS 189 ITEM 16F. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT 189 ITEM 16G. CORPORATE GOVERNANCE 189 ITEM 16H. MINE SAFETY DISCLOSURE 190 ITEM 16 I. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 194

J

ITEM 16 J . INSIDER TRADING POLICIES 194

K

ITEM 16 K . CYBERSECURITY 194 PART III ITEM 17.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 196 ITEM 18.

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS 196 ITEM 19. EXHIBITS 197 SIGNATURE This document comprises the annual report on Form 20-F for the year ended June 30, 2024 (" Harmony 2024 Form 20-F ") of Harmony Gold Mining Company Limited (" Harmony " or the " Company "). Certain of the information in the Harmony's 2024 suite of reports, including from its Integrated report 2024, Environmental, social and governance (" ESG ") report 2024 as well as the Climate action and impact report 2024, included in Exhibit 15.1 (" Integrated Annual Report for the 20-F 2024 ") is incorporated by reference into the Harmony 2024 Form 20-F, as specified elsewhere in this report, in accordance with Rule 12b-23(a) of the Securities Exchange Act of 1934, as amended (the " Exchange Act "). With the exception of the items so specified, the Integrated Annual Report for the 20-F 2024 is not deemed to be filed as part of the Harmony 2024 Form 20-F. Only (i) the information included in the Harmony 2024 Form 20-F, (ii) the information in the Integrated Annual Report for the 20-F 2024 that is expressly incorporated by reference in the Harmony 2024 Form 20-F and (iii) the exhibits to the Harmony 2024 Form 20-F that are required to be filed pursuant to the Form 20-F (the " Exhibits "), shall be deemed to be filed with the Securities and Exchange Commission (" SEC ") for any purpose. Any information in the Integrated Annual Report for the 20-F 2024 which is not referenced in the Harmony 2024 Form 20-F or filed as an Exhibit, shall not be deemed to be so incorporated by reference. Financial and other material information regarding Harmony is routinely posted on and accessible at the Harmony website, www.harmony.co.za . No material referred to in this annual report as being available on our website is incorporated by reference into, or forms any part of, this annual report. References herein to our website shall not be deemed to cause such incorporation. - i - Table of contents USE OF TERMS AND CONVENTIONS I

IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS

ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS Not applicable.

OFFER STATISTICS AND EXPECTED TIMETABLE

ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE Not applicable.

KEY INFORMATION

ITEM 3. KEY INFORMATION A. [Reserved] B. CAPITALIZATION AND INDEBTEDNESS Not applicable. C. REASONS FOR THE OFFER AND USE OF PROCEEDS Not applicable. D. RISK FACTORS In addition to the other information included in this annual report and the exhibits, you should also carefully consider the following factors related to our ordinary shares and American Depositary Shares (" ADSs "). There may be additional risks that we do not currently know of or that we currently deem immaterial based on information currently available to us. Although we have a formal risk policy framework in place, the maintenance and development of which is undertaken on an ongoing basis so as to help management address systematic categories of risk associated with our business operations, any of these risks could have a material adverse effect on our business, financial condition or results of operations, leading to a decline in the trading price of our ordinary shares or our ADSs. The risks described below may, in retrospect, turn out to be incomplete and therefore may not be the only risks to which we are exposed. Additional risks and uncertainties not presently known to us or that we now believe are immaterial (and have therefore not been included), could also adversely affect our business, results of operations or financial condition. The order of presentation of the risk factors below does not indicate the likelihood of their occurrence or the magnitude or the significance of the individual risks. Summary of Risk Factors Risks Related to Our Industry 1. We are exposed to the impact of any significant decreases in the commodity prices on our production 2. The impact from, and measures taken to address infectious and communicable diseases, such as Covid-19, HIV/AIDS and tuberculosis, pose risks to us in terms of productivity and costs and may adversely affect our people, and may impact our business continuity, operating results, cash flows and financial condition 3. The nature

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