By Dimitrios Kontos

 

Gold miner Harmony Gold Mining Co. (HAR.JO) said Monday that it exceeded its production guidance for fiscal 2018 by 4%.

The South Africa-based company said it produced about 1.23 million ounces of gold for the year, exceeding guidance of 1.18 million ounces.

Production from operations in South Africa rose 14% and the Moab Khotsong mine produced 105,900 ounces for the four months that operation has been included in the company's portfolio, it said.

The company said it recognizes that safety requires increased attention and that it is committed to "a culture of safety."

Harmony expects to announce its results for the year ended June 30 on Aug. 21, it said.

 

Write to Dimitrios Kontos at dimitrios.kontos@dowjones.com

 

(END) Dow Jones Newswires

July 23, 2018 01:45 ET (05:45 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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