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Harmony Gold Mining Company Limited engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia. The company explores for gold, uranium, silver, and copper deposits. It has nine underground operations in the Witwatersrand Basin; the Kraaipan Greenstone Belt; and various surface source operations in South Africa. In addition, the company owns interests in the Hidden Valley, an open-pit gold and silver mine; and the Wafi-Golpu project located in Morobe Province in Papua New Guinea. Further, it holds interest in Eva Copper Project…
Pretoria, South Africa--(Newsfile Corp. - October 22, 2026) - Lions Bay Resources Proprietary Limited ("LBR" or the "Company") has entered into a binding term sheet (the "Term Sheet") with its shareholders pursuant to which Metals One Plc (AIM: MET1) (OTCQB: MTOPF) would acquire the interests in LBR that it does not already own. On completion, LBR would become a wholly owned subsidiary of London Stock Exchange AIM-listed Metals One.
Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF), the critical and precious metals developer, has agreed to acquire full ownership of South African gold and power business Lions Bay Resources for £6.5 million in shares, and is bringing in the former chief executive of Harmony Gold (NYSE:HMY) as chair. In a two-stage deal, the company intends to exercise its existing option to lift its stake in LBR from 30% to 49.99%, then buy the remaining 50.01% from Lions Bay Capital (LBI) and Salamander Consulting.
Harmony Gold Mining Company Limited (NYSE: HMY - Get Free Report) has received an average recommendation of "Moderate Buy" from the five research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy
Harmony Gold Mining NYSE: HMY said its fiscal 2026 performance reflected continued operational consistency, higher gold prices and progress in expanding its copper portfolio, while outlining fiscal 2027 as a year of increased investment in sustaining operations, reserve conversion and the Eva Copper project.
On September 21, 2026, Harmony Gold Mining Co Ltd (HMY) shares fell 4.6% to a current price of $19.00. This decline comes amid a 52-week trading range that has