Cost Competitiveness: Harmony has focused on reducing all-in sustaining costs (AISC), particularly across its South African operations, enhancing profitability and resilience to gold price fluctuations.

Geographic Diversification: Operating in both South Africa and Papua New Guinea spreads geopolitical risk and provides access to different geological prospects and growth opportunities.

Extensive Gold Reserves: A substantial and long-life gold reserve base underpins future production, providing stability and long-term operational visibility.