Another Australian copper domino falls ...
Harmony Gold Mining Company Limited is going deeper into copper with a US$1.03 billion (~A$1.60 billion) all-cash deal to acquire MAC Copper Limited (ASX: MAC) and its high-grade Cobar copper mine at Cobar, New South Wales, Australia. The move signals a further strategic pivot as the South African gold giant looks to further diversify its portfolio with more copper.
7 minute video.
A copy of Harmony Gold's MAC acquisition presentation can be found here:
https://thevault.exchange/?get_grou...HAR-MAC-aquisition-presentation-27May2025.pdf
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
Another Australian copper domino falls ... Harmony Gold Mining...
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