BofA Securities resumed coverage of Harmony Gold with a rating of Neutral

JP Morgan upgraded Harmony Gold from Underweight to Neutral

HSBC Securities downgraded Harmony Gold from Hold to Reduce

JP Morgan downgraded Harmony Gold from Neutral to Underweight

HSBC Securities upgraded Harmony Gold from Reduce to Hold

Morgan Stanley downgraded Harmony Gold from Equal-Weight to Underweight

UBS downgraded Harmony Gold from Buy to Neutral

Morgan Stanley downgraded Harmony Gold from Equal-Weight to Underweight

RANDFONTEIN, South Africa, May 16, 2023 (GLOBE NEWSWIRE) -- Harmony Gold Mining Company Limited (NYSE:HMY) based in Randfontein, South Africa, and focused on Gold mining and exploration with a pipeline of copper projects, today announced that Harmony's Head of investor relations, Jared Coetzer will present at the dbVIC - Deutsche Bank American Depositary Receipt (ADR) Virtual Investor Conference on May 17th. This virtual investor conference is aimed exclusively at introducing global companies with ADR programs to investors. DATE:May 17, 2023TIME:10:30 AM ET | 16:30 SASTLINK:https://bit.ly/3KUQcoL This will be a live, interactive online event where investors are invited to ask the company q

*CORRECTION – This press release corrects and replaces in its entirety the press release issued on December 15, 2022 (the "Original News Release"). The Company's estimated cash and cash equivalents, as at the closing of the Transaction and after payment of Transaction Fees and completion of the Bond Buyback, has been corrected and updated to approximately C$98 million (compared to approximately C$71 million in the Original News Release) to include, in connection with the Transaction, the repayment of intercompany debt owing to the Company of approximately US$19.8 million. The Original Press Release has also been updated to include the total cash received by the Company at closing of the Tran

VANCOUVER, BC, Dec. 15, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX:CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce it has closed the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia for total consideration of up to US$230 million (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE:HMY) ("Harmony").   Under the Transaction agreement, Copper Mountain was entitled to receive gross upfront cash consideration of US$170,000,000 on closing as well as contingent consideration comprised of the following: A.  Up to US$30,000,000 in cash, based on a co

VANCOUVER, BC, Dec. 15, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX:CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce that the Foreign Investment Review Board ("FIRB") in Australia granted approval on December 13, 2022 (the "FIRB Approval") for the previously announced sale of Copper Mountain's wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE:HMY) ("Harmony"). See Copper Mountain's press release dated October 6, 2022 ("Copper Mountain Mining Announces Agreement to Sell the Eva Copper Project and the Australian Exploration Ten

VANCOUVER, BC, Nov. 28, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX:CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce that it has received bondholder approval ("Bondholder Approval") under its US$250 million senior secured bonds (the "Bonds") for the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia (the "Transaction") to Harmony Gold Mining Company Limited (JSE: HAR) (NYSE:HMY) ("Harmony"). See Copper Mountain's press release dated October 6, 2022 ("Copper Mountain Mining Announces Agreement to Sell the Eva Copper Project and the Australian Exploration Tenements for T

VANCOUVER, BC, Oct. 6, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX:CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce it has entered into a definitive agreement with Harmony Gold Mining Company Limited (JSE: HAR) (NYSE:HMY) ("Harmony") to sell its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia for total consideration of up to US$230 million (the "Transaction"). Under the terms of the Transaction, Copper Mountain will receive the following consideration:  A. US$170,000,000 in cash paya

NEW YORK, March 18, 2021 /PRNewswire/ -- Gold prices reached the highest intraday level in more than two weeks, reacting to the decision made by the Federal Reserve to keep its interest rate unchanged, near zero, likely for the next two years. In electronic trading late Wednesday afternoon, April gold was at valued at USD 1,747.60 an ounce, after touching a high at USD 1,750.60, FactSet data shows. Despite their decision, the central bank remains somewhat optimistic regarding economic growth through the end of the year. According to a report by Kitco, the central bank also noted a slight improvement in economic conditions compared to the last time it met in January. Exploits Discovery Corp.

NEW YORK, March 3, 2021 /PRNewswire/ -- The gold market is holding steady at around USD 1,730 an ounce on Tuesday. Earlier last month, the Federal Reserve Chair Jerome Powell had indicated that the Fed sees no need to alter its ultra-low interest rate policies anytime soon. "The economic recovery remains uneven and far from complete, and the path ahead is highly uncertain," Mr. Powell said in testimony to the Senate Banking Committee. Gold prices are influenced by current economic concerns, a result of protective measures taken to help fight the pandemic. Currently, traders take into consideration the outlook for economic growth and the low interest rates, which will also have an impact on t

NEW YORK, Feb. 10, 2021 /PRNewswire/ -- The price of gold increased to a one week high on Tuesday after the dollar and real U.S. Treasury yields declined as investors continue to anticipate a fast-tracked stimulus package in the U.S. Chances for a major stimulus package are increasing and thus reinforce market-derived inflation expectations. Such measures have also impacted the price of precious metals. "Rising breakevens and today's dollar weakness will attract renewed interest back into gold and also silver, given the pull from rising copper and platinum prices," said Ole Hansen, Head of Commodity Strategy at Saxo Bank A/S according to Bloomberg. "Speculators are carrying a light load i