Form SD - Specialized disclosure report
23 Janeiro 2025 - 8:56AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form SD
SPECIALIZED DISCLOSURE REPORT
Harmony Gold Mining Company Limited
(Exact name of registrant as specified in its charter)
Republic of South Africa
(State or other jurisdiction of incorporation or organization))
100-31545
(Commission File Number)
Randfontein Office Park
Corner Main Reef Road and Ward Avenue
Randfontein, 1759
(Address of principal executive offices)) (Zip Code)
Shela Mohatla, Group Company Secretary
Tel: +27 11 411 2359
(Name and telephone number, including area code, of person to contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed:
☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from July 1, 2023 to June 30, 2024.
☑ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended June 30, 2024.
SECTION 1 - CONFLICT MINERALS DISCLOSURE
Item 1.01. Conflict Minerals Disclosure and Report
Not applicable
Item 1.02 Exhibit
Not applicable
SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE
Item 2.01. Resource Extraction Issuer Disclosure Report
Disclosure of payments by resource extraction issuers.
The payment disclosure required by this Form is included as Exhibit 2.01 to this Form SD.
SECTION 3 - EXHIBITS
Item 3.01. Exhibits
The following exhibit is filed as part of this report.
| | | | | | | | |
Exhibit Number | | Description |
2.01 | | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Harmony Gold Mining Company Limited
| | | | | | | | | | | |
By: | /s/ Boipelo Lekubo | | 01/20/2025 |
| Boipelo Lekubo | | (date) |
| Financial Director | | |
Resource Extraction Payment Report
Harmony Gold Mining Company Limited
For the period July 1, 2023 to June 30, 2024
Currency of report: South African Rand
In this exhibit, references to “R”, “Rand” is to the South African Rand, the lawful currency of South Africa, “A$” and “Australian dollars” refers to Australian dollars, “K” or “Kina” refers to Papua New Guinean Kina.
Government-level Disclosure
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Figures in million |
Country | Payee Name | Departments, Agency, etc. within Payee that Received Payments | Taxes | Royalties | Fees | Production entitlements | Bonuses | Dividends | Payments for infrastructure improvements | Community and social responsibility payments that required by law or contract | Total |
South Africa | Government of South Africa | South African Revenue Service (SARS) | 2,412 | | 1,172 | | — | | — | | — | | — | | — | | — | | 3,584 | |
National Nuclear Regulator | — | | — | | 13 | | — | | — | | — | | — | | — | | 13 | |
Total South Africa | 2,412 | | 1,172 | | 13 | | — | | — | | — | | — | | — | | 3,597 | |
Papua New Guinea | Government of Papua New Guinea | Papua New Guinea Internal Revenue Commission | 7 | | 87 | | 71 | | — | | — | | — | | — | | — | | 165 | |
Total | | | 2,419 | | 1,259 | | 84 | | — | | — | | — | | — | | — | | 3,762 | |
Notes:
* When payments are made in A$ or Kina, they were converted into Rand using the weighted average of exchange rates during the reporting period. The weighted average exchange rate for the period from July 1, 2023 to June 30, 2024 were 1R = 0.0815A$ and 1A$ = 2.4489Kina.
Project-level Disclosure
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Figures in million |
Country | Mineral type | Entity1 | Project** | Taxes | Royalties | Fees | Production entitlements | Bonuses | Dividends | Payments for infrastructure improvements | Community and social responsibility payments that required by law or contract | Total |
South Africa | Gold | Avgold Limited | Target 1 | — | | 18 | | 1 | | — | | — | | — | | — | | — | | 19 | |
Chemwes (Proprietary) Limited | Mine Waste Solutions | — | | — | | 1 | | — | | — | | — | | — | | — | | 1 | |
Covalent Water Company (Proprietary) Limited | Mponeng2 | — | | — | | 1 | | — | | — | | — | | — | | — | | 1 | |
Freegold (Harmony) Proprietary Limited | Freegold3 | 226 | | 170 | | 3 | | — | | — | | — | | — | | — | | 399 | |
Golden Core Trade and Invest (Proprietary) Limited | Golden Core4 | 1,144 | | 432 | | 1 | | — | | — | | — | | — | | — | | 1,577 | |
Harmony Gold Mining Company Limited | Harmony5 | 177 | | 91 | | 2 | | — | | — | | — | | — | | — | | 270 | |
Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | 620 | | 255 | | 1 | | — | | — | | — | | — | | — | | 876 | |
Kalahari Goldridge Mining Company Limited | Kalgold | 38 | | 48 | | — | | — | | — | | — | | — | | — | | 86 | |
Randfontein Estates Limited | Randfontein Estates6 | 24 | | 158 | | 1 | | — | | — | | — | | — | | — | | 183 | |
Tswelopele Beneficiation Operation (Proprietary) Limited | Phoenix | 183 | | — | | 1 | | — | | — | | — | | — | | — | | 184 | |
Uranium7 | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong (Uranium) | — | | — | | 1 | | — | | — | | — | | — | | — | | 1 | |
Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | 7 | | 87 | | 71 | | — | | — | | — | | — | | — | | 165 | |
Silver7 | Morobe Consolidated Goldfields Limited | Hidden Valley | — | | — | | — | | — | | — | | — | | — | | — | | — | |
Total | | | | 2,419 | | 1,259 | | 84 | | — | | — | | — | | — | | — | | 3,762 | |
Notes:
1 The disclosure has been done at a statutory entity level as this is the lowest level of disaggregation used for the payment of taxes and royalties.
2 Covalent forms part of the Mponeng segment extraction process.
3 Freegold consists of Tshepong North, Tshepong South and Joel operations.
4 Golden Core consists of Mponeng and Savuka Tailings operations.
5 Harmony consists of Masimong and Central Plant Reclamation operations.
6 Randfontein Estates consist of Doornkop and Kusasalethu operations.
7 As all payments for commodities are made in aggregate, the amounts have been included under gold, being the primary commodity for the group.
* When payments are made in A$ or Kina, they were converted into Rand using the weighted average of exchange rates during the reporting period. The weighted average exchange rate for the period from 1 July 2023 to June 30, 2024 were 1R = 0.0815A$ and 1A$ = 2.4489Kina.
** Where the entity has more than one operation, details have been provided in a footnote.
Payment details disclosure
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Disclosure of payments, details |
N | Country | Resource | Entity1 | Project | Extraction Method | Segment | Government | Payment Type | Amount (R million) |
1 | South Africa | Gold | Avgold Limited | Target 1 | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 18 | |
2 | South Africa | Gold | Avgold Limited | Target 1 | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
3 | South Africa | Gold | Chemwes (Proprietary) Limited*** | Mine Waste Solutions | Open Pit | Mining Operations | South African Revenue Service | Taxes | — | |
4 | South Africa | Gold | Chemwes (Proprietary) Limited*** | Mine Waste Solutions | Open Pit | Mining Operations | South African Revenue Service | Royalties | — | |
5 | South Africa | Gold | Chemwes (Proprietary) Limited*** | Mine Waste Solutions | Open Pit | Mining Operations | National Nuclear Regulator | Fees | 1 | |
6 | South Africa | Gold | Covalent Water Company (Proprietary) Limited | Mponeng | Underground Mining | Mining Operations | South African Revenue Service | Taxes | — | |
7 | South Africa | Gold | Covalent Water Company (Proprietary) Limited | Mponeng | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
8 | South Africa | Gold | Freegold (Harmony) Proprietary Limited | Freegold | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 226 | |
9 | South Africa | Gold | Freegold (Harmony) Proprietary Limited | Freegold | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 170 | |
10 | South Africa | Gold | Freegold (Harmony) Proprietary Limited | Freegold | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 3 | |
11 | South Africa | Gold | Golden Core Trade and Invest (Proprietary) Limited | Golden Core | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 1,144 | |
12 | South Africa | Gold | Golden Core Trade and Invest (Proprietary) Limited | Golden Core | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 432 | |
13 | South Africa | Gold | Golden Core Trade and Invest (Proprietary) Limited | Golden Core | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
14 | South Africa | Gold | Harmony Gold Mining Company Limited | Harmony | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 177 | |
15 | South Africa | Gold | Harmony Gold Mining Company Limited | Harmony | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 91 | |
16 | South Africa | Gold | Harmony Gold Mining Company Limited | Harmony | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 2 | |
17 | South Africa | Gold | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 620 | |
18 | South Africa | Gold | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 255 | |
19 | South Africa | Gold | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
20 | South Africa | Uranium | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | South African Revenue Service | Taxes | — | |
21 | South Africa | Uranium | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | National Nuclear Regulator | Fess | 1 | |
22 | South Africa | Gold | Kalahari Goldridge Mining Company Limited | Kalgold | Open Pit | Mining Operations | South African Revenue Service | Royalties | 48 | |
23 | South Africa | Gold | Kalahari Goldridge Mining Company Limited | Kalgold | Open Pit | Mining Operations | South African Revenue Service | Taxes | 38 | |
24 | South Africa | Gold | Randfontein Estates Limited | Randfontein Estates | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 24 | |
25 | South Africa | Gold | Randfontein Estates Limited | Randfontein Estates | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 158 | |
26 | South Africa | Gold | Randfontein Estates Limited | Randfontein Estates | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
27 | South Africa | Gold | Tswelopele Beneficiation Operation (Proprietary) Limited*** | Phoenix | Open Pit | Mining Operations | South African Revenue Service | Taxes | 183 | |
28 | South Africa | Gold | Tswelopele Beneficiation Operation (Proprietary) Limited*** | Phoenix | Open Pit | Mining Operations | National Nuclear Regulator | Fees | 1 | |
29 | Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Taxes | 7 | |
30 | Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Royalties | 87 | |
31 | Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Fees | 71 | |
32 | Papua New Guinea | Silver | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Royalties | — | |
*** The choices from the taxonomy are limited to three options, of which only one is a surface mine. As reclamation of tailings is not an available option, the open pit option was selected.
v3.24.4
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v3.24.4
Payments, by Category - 12 months ended Jun. 30, 2024 - ZAR (R) R in Millions |
Total |
Avgold Limited [Member] |
Chemwes (Proprietary) Limited [Member] |
Covalant Water Company (Proprietary) Limited [Member] |
Freegold (Harmony) (Proprietary) Limited [Member] |
Golden Core Trade and Invest (Proprietary) Limited [Member] |
Harmony Gold Mining Company Limited [Member] |
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] |
Kalahari Goldridge Mining Company Limited [Member] |
Randfontein Estates Limited [Member] |
Tswelopele Beneficiation Operation (Proprietary) Limited [Member] |
Morobe Consolidated Goldfields Limited [Member] |
Payments: |
|
|
|
|
|
|
|
|
|
|
|
|
Taxes |
R 2,419
|
|
|
|
R 226
|
R 1,144
|
R 177
|
R 620
|
R 38
|
R 24
|
R 183
|
R 7
|
Royalties |
1,259
|
R 18
|
|
|
170
|
432
|
91
|
255
|
48
|
158
|
|
87
|
Fees |
84
|
1
|
R 1
|
R 1
|
3
|
1
|
2
|
2
|
|
1
|
1
|
71
|
Total Payments |
R 3,762
|
R 19
|
R 1
|
R 1
|
R 399
|
R 1,577
|
R 270
|
R 877
|
R 86
|
R 183
|
R 184
|
R 165
|
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v3.24.4
Payments, by Project - 12 months ended Jun. 30, 2024 - ZAR (R) R in Millions |
Taxes |
Royalties |
Fees |
Total Payments |
Total |
|
R 2,419
|
R 1,259
|
R 84
|
R 3,762
|
Avgold Limited [Member] |
|
|
|
|
|
Total |
|
|
18
|
1
|
19
|
Avgold Limited [Member] | Target 1 [Member] |
|
|
|
|
|
Total |
[1] |
|
18
|
1
|
19
|
Chemwes (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Chemwes (Proprietary) Limited [Member] | Mine Waste Solutions [Member] |
|
|
|
|
|
Total |
[1] |
|
|
1
|
1
|
Covalant Water Company (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Covalant Water Company (Proprietary) Limited [Member] | Mponeng [Member] |
|
|
|
|
|
Total |
[1],[2] |
|
|
1
|
1
|
Freegold (Harmony) (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
226
|
170
|
3
|
399
|
Freegold (Harmony) (Proprietary) Limited [Member] | Freegold [Member] |
|
|
|
|
|
Total |
[1],[3] |
226
|
170
|
3
|
399
|
Golden Core Trade and Invest (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
1,144
|
432
|
1
|
1,577
|
Golden Core Trade and Invest (Proprietary) Limited [Member] | Golden Core [Member] |
|
|
|
|
|
Total |
[1],[4] |
1,144
|
432
|
1
|
1,577
|
Harmony Gold Mining Company Limited [Member] |
|
|
|
|
|
Total |
|
177
|
91
|
2
|
270
|
Harmony Gold Mining Company Limited [Member] | Harmony [Member] |
|
|
|
|
|
Total |
[1],[5] |
177
|
91
|
2
|
270
|
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
620
|
255
|
2
|
877
|
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] | Moab Khotsong [Member] |
|
|
|
|
|
Total |
[1] |
620
|
255
|
1
|
876
|
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] | Moab Khotsong Uranium [Member] |
|
|
|
|
|
Total |
[1],[6] |
|
|
1
|
1
|
Kalahari Goldridge Mining Company Limited [Member] |
|
|
|
|
|
Total |
|
38
|
48
|
|
86
|
Kalahari Goldridge Mining Company Limited [Member] | Kalgold [Member] |
|
|
|
|
|
Total |
[1] |
38
|
48
|
|
86
|
Randfontein Estates Limited [Member] |
|
|
|
|
|
Total |
|
24
|
158
|
1
|
183
|
Randfontein Estates Limited [Member] | Randfontein Estates [Member] |
|
|
|
|
|
Total |
[1],[7] |
24
|
158
|
1
|
183
|
Tswelopele Beneficiation Operation (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
183
|
|
1
|
184
|
Tswelopele Beneficiation Operation (Proprietary) Limited [Member] | Phoenix [Member] |
|
|
|
|
|
Total |
[1] |
183
|
|
1
|
184
|
Morobe Consolidated Goldfields Limited [Member] |
|
|
|
|
|
Total |
|
7
|
87
|
71
|
165
|
Morobe Consolidated Goldfields Limited [Member] | Hidden Valley [Member] |
|
|
|
|
|
Total |
[1],[8] |
R 7
|
R 87
|
R 71
|
R 165
|
|
|
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v3.24.4
Payments, by Government - 12 months ended Jun. 30, 2024 - ZAR (R) R in Millions |
Taxes |
Royalties |
Fees |
Total Payments |
Total |
|
R 2,419
|
R 1,259
|
R 84
|
R 3,762
|
SOUTH AFRICA |
|
|
|
|
|
Total |
|
2,412
|
1,172
|
13
|
3,597
|
PAPUA NEW GUINEA |
|
|
|
|
|
Total |
[1] |
7
|
87
|
71
|
165
|
Avgold Limited [Member] |
|
|
|
|
|
Total |
|
|
18
|
1
|
19
|
Avgold Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
|
18
|
|
18
|
Avgold Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Chemwes (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Chemwes (Proprietary) Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Covalant Water Company (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Covalant Water Company (Proprietary) Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Freegold (Harmony) (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
226
|
170
|
3
|
399
|
Freegold (Harmony) (Proprietary) Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
226
|
170
|
|
396
|
Freegold (Harmony) (Proprietary) Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
3
|
3
|
Golden Core Trade and Invest (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
1,144
|
432
|
1
|
1,577
|
Golden Core Trade and Invest (Proprietary) Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
1,144
|
432
|
|
1,576
|
Golden Core Trade and Invest (Proprietary) Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Harmony Gold Mining Company Limited [Member] |
|
|
|
|
|
Total |
|
177
|
91
|
2
|
270
|
Harmony Gold Mining Company Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
177
|
91
|
|
268
|
Harmony Gold Mining Company Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
2
|
2
|
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
620
|
255
|
2
|
877
|
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
620
|
255
|
|
875
|
Harmony Moab Khotsong Operations (Proprietary) Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
2
|
2
|
Kalahari Goldridge Mining Company Limited [Member] |
|
|
|
|
|
Total |
|
38
|
48
|
|
86
|
Kalahari Goldridge Mining Company Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
38
|
48
|
|
86
|
Randfontein Estates Limited [Member] |
|
|
|
|
|
Total |
|
24
|
158
|
1
|
183
|
Randfontein Estates Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
24
|
158
|
|
182
|
Randfontein Estates Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Tswelopele Beneficiation Operation (Proprietary) Limited [Member] |
|
|
|
|
|
Total |
|
183
|
|
1
|
184
|
Tswelopele Beneficiation Operation (Proprietary) Limited [Member] | SOUTH AFRICA | South African Revenue Service [Member] |
|
|
|
|
|
Total |
|
183
|
|
|
183
|
Tswelopele Beneficiation Operation (Proprietary) Limited [Member] | SOUTH AFRICA | National Nuclear Regulator [Member] |
|
|
|
|
|
Total |
|
|
|
1
|
1
|
Morobe Consolidated Goldfields Limited [Member] |
|
|
|
|
|
Total |
|
7
|
87
|
71
|
165
|
Morobe Consolidated Goldfields Limited [Member] | PAPUA NEW GUINEA | Papua New Guinea Internal Revenue [Member] |
|
|
|
|
|
Total |
|
R 7
|
R 87
|
R 71
|
R 165
|
|
|
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v3.24.4
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Harmony Gold Mining (PK) (USOTC:HGMCF)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Harmony Gold Mining (PK) (USOTC:HGMCF)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025