South Africa’s Harmony Gold Buys Mac Copper, Boosting Copper Production

South Africa’s Harmony Gold Buys Mac Copper, Boosting Copper Production

Harmony Gold, South Africa’s largest gold producer by volume, has agreed to acquire Australian mining company Mac Copper Ltd in a deal valued at approximately $1.03 billion, marking a strategic move to expand its copper portfolio. The Johannesburg-based company is offering $12.25 per share in cash, which represents a 20.7% premium over Mac Copper’s closing […]