South African billionaire Patrice Motsepe's Harmony Gold launches $500 million bond sale
Harmony Gold is selling $500 million of convertible bonds due 2031 with a coupon of 1.5% to 2%, convertible into about 2.9% of its shares.
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Harmony Gold is selling $500 million of convertible bonds due 2031 with a coupon of 1.5% to 2%, convertible into about 2.9% of its shares.
A Harmony Gold employee died at Mponeng on Sept. 14 after a seismic event, the eighth on-duty death across the group this year.
A gold price crash and a 34% Harmony Gold selloff have erased $700 million from Patrice Motsepe's fortune since March, Forbes data shows.
South African billionaire Patrice Motsepe climbs to $4.3 billion as gold soars past $5,100, lifting his mining fortune.
South African billionaire Patrice Motsepe nears $4 billion with gains from ARM, Harmony Gold, and Tyme Group.
Patrice Motsepe’s net worth rises to $3.7 billion as gains in Harmony Gold and African Rainbow Minerals lift his fortune.
Harmony Gold is spending $64.1 million on Metso equipment to fast-track development of its Eva copper project, strengthening its shift toward future-facing metals.
Harmony Gold commits up to $1.75 billion to develop the Eva Copper mine as Motsepe-backed expansion pushes into Australia.
Patrice Motsepe-backed Harmony Gold weighs a multibillion-dollar copper venture with Newmont in Papua New Guinea.
Harmony Gold, backed by Patrice Motsepe, has completed its $1.01 billion acquisition of Australia’s MAC Copper, expanding into the copper market.
Harmony Gold secures support in its $1.03 billion MAC Copper acquisition, expanding its global mining portfolio.
Harmony Gold, led by Patrice Motsepe, posts $4.07 billion revenue and $824 million profit as higher prices offset weaker output.
Patrice Motsepe’s Harmony-backed mining giant gets green light to buy Australian copper company in $1-billion deal.
Patrice Motsepe’s fortune hits $3.4 billion as shares in Harmony Gold and ARM surge; fintech bets deepen his footprint in digital finance.
Although ARM remains a committed long-term investor in Harmony Gold, the company has taken steps to improve liquidity.
Motsepe’s net worth surged to $3 billion for the first time since August 2024, marking a significant recovery.