Harmony Gold Mining Company Limited (HMY) 20-F 31 Oct 22 2022 FY Annual report (foreign) Financial data

Cover

Cover	12 Months Ended
	Jun. 30, 2022 shares
Document Information [Line Items]
Document Type	20-F
Document Registration Statement	false
Document Annual Report	true
Document Transition Report	false
Document Shell Company Report	false
Document Period End Date	Jun. 30, 2022
Entity File Number	001-31545
Entity Registrant Name	HARMONY GOLD MINING COMPANY LIMITED
Entity Incorporation, State or Country Code	T3
Entity Address, Address Line One	CNR WARD AVENUE AND MAIN REEF ROAD
Entity Address, Address Line Two	RANDFONTEIN OFFICE PARK
Entity Address, City or Town	RANDFONTEIN
Entity Address, Country	ZA
Entity Address, Postal Zip Code	1759
Entity Common Stock, Shares Outstanding	616,525,702
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Accounting Standard	International Financial Reporting Standards
Entity Shell Company	false
Amendment Flag	false
Entity Central Index Key	0001023514
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Current Fiscal Year End Date	--06-30
Auditor Name	PricewaterhouseCoopers Inc.
Auditor Firm ID	1308
Auditor Location	Johannesburg, Republic of South Africa
NEW YORK STOCK EXCHANGE, INC.
Document Information [Line Items]
Title of 12(b) Security	Ordinary shares, with no par value per share
Trading Symbol	n/a
Security Exchange Name	NYSE
ADR | NEW YORK STOCK EXCHANGE, INC.
Document Information [Line Items]
Title of 12(b) Security	American Depositary Shares (as evidenced by American Depositary Receipts), each representing one ordinary share
Trading Symbol	HMY
Security Exchange Name	NYSE
Business Contact
Document Information [Line Items]
Entity Address, Address Line One	CNR Ward Avenue and Main Reef Road
Entity Address, Address Line Two	Randfontein Office Park
Entity Address, City or Town	Randfontein
Entity Address, Country	ZA
Entity Address, Postal Zip Code	1759
Contact Personnel Name	Shela Mohatla
City Area Code	+27 11
Local Phone Number	411 2359
Contact Personnel Email Address	shela.mohatla@harmony.co.za
Contact Personnel Fax Number	+27 11 696 9734

Group Income Statement

Group Income Statement - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Profit or loss [abstract]
Revenue	R 42,645	R 41,733	R 29,245
Cost of sales	(41,927)	(35,489)	(25,908)
Production costs	(33,099)	(29,774)	(22,048)
Amortisation and depreciation	(3,683)	(3,875)	(3,508)
Impairment of assets	(4,433)	(1,124)	0
Other items	(712)	(716)	(352)
Gross profit	718	6,244	3,337
Corporate, administration and other expenditure	(984)	(1,068)	(611)
Exploration expenditure	(214)	(177)	(205)
Gains/(losses) on derivatives	53	1,022	(1,678)
Foreign exchange translation gain/(loss)	(327)	670	(892)
Other operating expenses	(1)	(241)	(309)
Operating profit/(loss)	(755)	6,450	(358)
Gain on bargain purchase	0	303	0
Acquisition-related costs	0	(124)	(45)
Share of profits from associate	63	83	94
Investment income	352	331	375
Finance costs	(718)	(661)	(661)
Profit/(loss) before taxation	(1,058)	6,382	(595)
Taxation	46	(1,258)	(255)
Net profit/(loss) for the year	(1,012)	5,124	(850)
Attributable to:
Non-controlling interest	40	37	28
Owners of the parent	R (1,052)	R 5,087	R (878)
Earnings/(loss) per ordinary share (cents)
Basic earnings/(loss) per share	R (1.72)	R 8.42	R (1.64)
Diluted earnings/(loss) per ordinary share (cents)
Total diluted earnings/(loss) per share	R (1.72)	R 8.25	R (1.66)

Group Statement of Comprehensiv

Group Statement of Comprehensive Income - ZAR (R)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of comprehensive income [abstract]
Net profit/(loss) for the year	R (1,012,000,000)	R 5,124,000,000	R (850,000,000)
Other comprehensive income for the year, net of income tax	202,000,000	3,251,000,000	(1,958,000,000)
Items that may be reclassified subsequently to profit or loss	171,000,000	3,233,000,000	(1,998,000,000)
Foreign exchange translation gain/(loss)	742,000,000	(1,234,000,000)	1,199,000,000
Remeasurement of gold hedging contracts	(571,000,000)	4,467,000,000	(3,197,000,000)
Items that will not be reclassified to profit or loss	31,000,000	18,000,000	40,000,000
Total comprehensive income for the year	(810,000,000)	8,375,000,000	(2,808,000,000)
Attributable to:
Non-controlling interest	40,000,000	58,000,000	12,000,000
Owners of the parent	R (850,000,000)	R 8,317,000,000	R (2,820,000,000)

Group Balance Sheet

Group Balance Sheet - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Non-current assets
Property, plant and equipment	R 32,872	R 33,597
Intangible assets	48	365
Restricted cash and investments	5,555	5,232
Investments in associates	125	126
Deferred tax assets	203	272
Other non-current assets	374	332
Derivative financial assets	137	328
Total non-current assets	39,314	40,252
Current assets
Inventories	2,818	2,542
Restricted cash and investments	27	67
Trade and other receivables	1,682	1,652
Derivative financial assets	519	1,471
Cash and cash equivalents	2,448	2,819
Total current assets	7,494	8,551
Total assets	46,808	48,803
Share capital and reserves
Attributable to equity holders of the parent company	30,039	31,160
Share capital and premium	32,934	32,934
Other reserves	6,744	6,399
Accumulated loss	(9,639)	(8,173)
Non-controlling interest	78	54
Total equity	30,117	31,214
Non-current liabilities
Deferred tax liabilities	1,586	2,178
Provision for environmental rehabilitation	5,013	4,662
Non-current Other Provisions	932	926
Borrowings	3,180	2,974
Contingent consideration liability	356	417
Other non-current liabilities	268	178
Derivative financial liabilities	3	6
Streaming contract liability	378	695
Total non-current liabilities	11,716	12,036
Current liabilities
Current Other Provisions	139	175
Borrowings	25	387
Trade and other payables	4,494	4,389
Derivative financial liabilities	8	206
Streaming contract liability	309	396
Total current liabilities	4,975	5,553
Total equity and liabilities	R 46,808	R 48,803

Group Statement of Changes in S

Group Statement of Changes in Shareholders' Equity - ZAR (R) R in Millions	Total	Share capital and premium	Accumulated loss	Other reserves	Non-controlling interests [member]
Beginning balance (in shares) at Jun. 30, 2019		539,841,195
Beginning balance Parent at Jun. 30, 2019		R 29,551	R (11,710)	R 4,773
Beginning balance NCI at Jun. 30, 2019					R 0
Beginning balance Equity at Jun. 30, 2019	R 22,614
Shares issued and fully paid (in shares)		60,278,260
Shares issued and fully paid	3,386	R 3,386
Exercise of employee share options (in shares)		3,023,251
Share-based payments	186			186
Non-controlling interest recognised at acquisition date			5		(5)
Net profit (loss) for the year attributable to owners of parent	(878)		(878)
Non-controlling interest	28				28
Net profit/(loss) for the year	(850)
Other comprehensive income for the year				(1,942)
Other comprehensive income, attributable to non-controlling interests					(16)
Other comprehensive income	(1,958)
Dividends paid	R (3)				(3)
Ending balance (in shares) at Jun. 30, 2020	603,143,000	603,142,706
Ending balance Parent at Jun. 30, 2020		R 32,937	(12,583)	3,017
Ending balance NCI at Jun. 30, 2020					4
Ending balance Equity at Jun. 30, 2020	R 23,375
Exercise of employee share options (in shares)		12,909,491
Share issue related cost	(3)	R (3)
Share-based payments	156			156
Non-controlling interest recognised at acquisition date	(5)			(4)	(1)
Net profit (loss) for the year attributable to owners of parent	5,087		5,087
Non-controlling interest	37				37
Net profit/(loss) for the year	5,124
Other comprehensive income for the year				3,230
Other comprehensive income, attributable to non-controlling interests	(21)				21
Other comprehensive income	3,251
Dividends paid	R (684)		(677)		(7)
Ending balance (in shares) at Jun. 30, 2021	616,052,000	616,052,197
Ending balance Parent at Jun. 30, 2021	R 31,160	R 32,934	(8,173)	6,399
Ending balance NCI at Jun. 30, 2021	54				54
Ending balance Equity at Jun. 30, 2021	31,214
Exercise of employee share options (in shares)		473,505
Share-based payments	143			143
Net profit (loss) for the year attributable to owners of parent	(1,052)		(1,052)
Non-controlling interest	40				40
Net profit/(loss) for the year	(1,012)
Other comprehensive income for the year				202
Other comprehensive income, attributable to non-controlling interests	0				0
Other comprehensive income	202
Dividends paid	R (430)		(414)		(16)
Ending balance (in shares) at Jun. 30, 2022	616,526,000	616,525,702
Ending balance Parent at Jun. 30, 2022	R 30,039	R 32,934	R (9,639)	R 6,744
Ending balance NCI at Jun. 30, 2022	78				R 78
Ending balance Equity at Jun. 30, 2022	R 30,117

Group Cash Flow Statement

Group Cash Flow Statement - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash flow from operating activities
Cash generated by operations	R 7,378	R 9,741	R 5,031
Dividends received	74	85	0
Interest received	87	171	86
Interest paid	(319)	(234)	(370)
Income and mining taxes paid	(296)	(584)	(24)
Cash generated by operating activities	6,924	9,179	4,723
Cash flow from investing activities
Increase in restricted cash and investments	(128)	(48)	(21)
Amounts refunded from restricted cash and investments	53	34	5
Redemption of preference shares from associates	0	36	59
Acquisition of Mponeng operations and related assets	0	(3,363)	0
ARM BBEE Trust loan repayment	65	264	0
ARM BBEE Trust loan advanced	0	(264)	0
Capital distributions from investments	0	8	7
Proceeds from disposal of property, plant and equipment	24	11	2
Additions to property, plant and equipment	(6,214)	(5,142)	(3,610)
Cash utilised by investing activities	(6,200)	(8,464)	(3,558)
Cash flow from financing activities
Borrowings raised	3,057	0	6,541
Borrowings repaid	(3,601)	(3,491)	(5,661)
Proceeds from the issue of shares	0	0	3,466
Partial repurchase of non-controlling interest	0	(5)	0
Dividend paid	(430)	(684)	(3)
Lease payments	(177)	(119)	(38)
Cash generated/(utilised) from financing activities	(1,151)	(4,299)	4,305
Foreign currency translation adjustments	56	46	(106)
Net increase/(decrease) in cash and cash equivalents	(371)	(3,538)	5,364
Cash and cash equivalents – beginning of year	2,819	6,357	993
Cash and cash equivalents – end of year	R 2,448	R 2,819	R 6,357

General Information

General Information	12 Months Ended
	Jun. 30, 2022
Disclosure Of General Information About Financial Statements [Abstract]
General Information	General information Harmony Gold Mining Company Limited (the company) and its subsidiaries (collectively Harmony or the group) are engaged in gold mining and related activities, including exploration, extraction and processing. Gold bullion, the group’s principal product, is currently produced at its operations in South Africa and Papua New Guinea (PNG). Uranium and silver are produced as by-products. The company is a public company, incorporated and domiciled in South Africa. The address of its registered office is Randfontein Office Park, Corner Main Reef Road and Ward Avenue, Randfontein, 1759. The consolidated financial statements were authorised for issue by the board of directors on 31 October 2022.

Critical Accounting Estimates a

Critical Accounting Estimates and Judgements	12 Months Ended
	Jun. 30, 2022
Accounting Policies, Changes In Accounting Estimates And Errors [Abstract]
Critical Accounting Estimates and Judgements	Critical accounting estimates and judgements The preparation of the financial statements in conformity with IFRS requires the group’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities as well as disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Key accounting estimates and assumptions applied: • Estimate of taxation – note 12 • Recognition of deferred tax asset – note 12 • Valuation of cash generating units acquired – note 14 • Fair value of identifiable net assets acquired – note 14 • Streaming contract liability – note 14 and 31 • Estimate of deferred tax rates on acquisition date – note 14 • Gold mineral reserves and resources – note 15 • Production start date – note 15 • Stripping activities – note 15 • Impairment of assets – note 15 • Depreciation of property plant and equipment – note 15 • Exploration and evaluation assets – note 15 • Impairment of goodwill – note 16 • Estimate of exposure and liabilities with regard to rehabilitation costs – note 26 • Estimate of provision for silicosis settlement – note 27 • Valuation of contingent consideration liability – note 29 • Fair value of share-based payments – note 36 • Assessment of contingencies – note 38 • Valuation of derivative financial instruments – note 39. Other accounting estimates and assumptions applied: • Valuation of interest in associate – note 21 • Provision for stock obsolescence – note 23 • Estimate of employee benefit liabilities – note 27 • Leases – note 28.

Impact of changes in global ope

Impact of changes in global operating and economic environment	12 Months Ended
	Jun. 30, 2022
Impact of changes in global operating and economic environment [Abstract]
Impact of changes in global operating and economic environment	Impact of changes in global operating and economic environment Covid-19 In South Africa, the national lockdown that began on 27 March 2020 to curb the spread of the Coronavirus (Covid-19) came to an end during April 2022. This led to the discontinuance of all Covid-19 regulations which had been put in place. In Papua New Guinea, where the Hidden Valley operation is located, significant decreases in positive cases have been experienced for the first part of the 2022 calendar year. In prior years, the group had been able to carry out its operations in Papua New Guinea during the state of emergency which had been imposed by the government. The virus will still be prevalent in normal day-to-day living. However, unlike before, a significant percentage of the population has been vaccinated against Covid-19. This puts Harmony in a favourable position to manage Covid-19 as part of normal day-to-day activities and as a result management does not expect any further disruptions. Cost and inflationary pressures During the second half of the 2022 financial year, Harmony experienced heightened input costs driven by inflationary pressures related to global supply chain constraints due to the Covid-19 pandemic, which was then further exacerbated by Russia’s invasion of Ukraine. The effect has been especially pronounced on certain key items such as oil (directly affecting diesel supply and cost), steel and certain chemical reagents used by the treatment plants. These cost pressures had an impact on, among others, the FY23 budget and life-of-mine planning process, determination of deferred tax rates for the group’s mining entities and impairment assessments performed for the group’s cash generating units. Refer to notes 12 and 15 respectively for further disclosure. Discount rates In recent months, central banks globally have been increasing interest rates as a measure of combating rising inflation. In the current financial year, the US Federal Reserve has increased interest rates by 150 basis points, while the South African Reserve Bank (SARB) has raised the repurchase interest rate by 125 basis points for the same period. This contributed to increased bond yields realised in the market, which resulted in an increased cost of equity, as used for purposes of impairment assessments, and risk-free rates used for discounting of the provision for environmental rehabilitation. Refer to note 15 and 26 respectively for further disclosure. Commodity prices and exchange rates Gold traded within a range of US$1 726/oz and US$2 052/oz (2021: US$1 681/oz and US$2 063/oz) during the current financial year, reaffirming its safe haven status with investors during times of global uncertainty and market volatility. These uncertainties have also resulted in increased volatility in the R/US$ and R/A$ exchange rates. The currencies traded in ranges of R14.15/US$1 to R16.30/US$1 (2021: R13.43/US$1 to R17.68/US$1) and R10.43/A$1 to R11.63/A$1 (2021: R10.41/A$1 to R12.66/A$1) respectively during the current financial year. Management believes this volatility could be a reflection of growing concern in market sentiment fears surrounding recessions in key economies and current and/or further geopolitical tensions. As part of the underlying assumptions used in valuing certain line items, management used a consensus of market analysts’ forecasts in determining short-, medium- and long-term commodity prices and exchange rates. These economic assumptions are used in certain fair value calculations. Based on the consensus forecasts used, a marked increase was seen in US$ gold price and R / US$ exchange rate assumptions applied. Refer to note 15 for disclosed assumptions. ESG and climate change-related financial disclosures Due to the increased focus on sustainability, Environmental, Social and Governance (ESG) matters and climate change, various regulators have released guidance or proposed regulations for required disclosures during the year. In March 2022, the newly formed International Sustainability Standards Board (ISSB) released exposure drafts on general requirements of sustainability reporting and climate-related disclosures. During March 2022, the Securities and Exchange Commission (SEC) issued proposed rules that are intended to provide more consistent, comparable and reliable information so that investors can better evaluate the impact of climate-related matters on entities. During June 2022, the Johannesburg Stock Exchange (JSE) released its Sustainability and Climate Disclosure guidance. The comment periods on the SEC and ISSB proposals have closed and the regulators are continuing with their processes. It is expected that the proposals will affect the information reported as “other information” by entities and may include specific requirements on assurance of certain ESG key performance indicators. However, the SEC’s proposal included certain disclosures in the financial statements. It is unknown at this stage if these will be retained in the final regulation.

Revenue

Revenue	12 Months Ended
	Jun. 30, 2022
Revenue [abstract]
Revenue	Revenue Accounting policy Revenue from metal sales include the sale of gold, silver and uranium. Revenue from metal sales is recognised when the group satisfies its performance obligations under its contract with the customer, by transferring such metals to the customer's control. Transfer of control is generally determined to be when the risk and title to the metals passes to the customer. Revenue is measured based on the consideration specified in the contract with the customer and is driven by the quoted market prices of the metals. The effective portion of gains or losses on the derivatives designated as cash flow hedging items (forecast sales transactions) are recognised in revenue when the forecast sales transactions occur. See the accounting policy for derivatives and hedging activities in note 2. SA Rand Figures in million 2022 2021 2020 Revenue from contracts with customers 41 677 43 632 30 642 Gold (a) 40 774 42 597 29 704 Silver (b) 663 857 839 Uranium (c) 240 178 99 Consideration from streaming contract 1 471 397 — Hedging gain/(loss) 2 497 (2 296) (1 397) Total revenue 3 42 645 41 733 29 245 1 Relates to the recognition of non-cash consideration recognised as part of revenue for the streaming arrangement. Refer to note 31 for further information. 2 Relates to the realised effective portion of the hedge-accounted gold derivatives. Refer to note 19 for further information. 3 A geographical analysis of revenue is provided in the segment report. Refer to note 41 for further information. Revenue from contracts with customers The points of transfer of control are as follows: Gold: South Africa (excluding streaming contract) Gold is delivered and a certificate of sale is issued. Gold and silver: Hidden Valley Metal is collected from Hidden Valley and a confirmation of collection is sent to and accepted by the customer. Uranium Confirmation of transfer is issued. Streaming contract Gold is delivered and credited into the Franco-Nevada designated gold account. (a) The decrease in gold revenue during the 2022 financial year is mainly due to the decrease in gold production by 3% to 46 236kg from 47 755kg in 2021. The decrease is a result of mining constraints at Doornkop, Moab Khotsong and Tshepong Operations resulting in lower grade recovered, the seismic issues experienced at Bambanani as well as the geotechnical instability affecting Stage 6 and a conveyor belt failure at Hidden Valley. In addition, the average gold spot price received decreased by 2% from R899 563/kg in the 2021 year to R883 453/kg in 2022. The decrease was partially offset by an increase in production at Mponeng and Mine Waste Solutions as they contributed for the full year compared to nine months in 2021 . The increase in gold revenue during the 2021 financial year is mainly due to the acquisition of the Mponeng operations and related assets and a higher gold price. The acquired operations contributed R7.5 billion in revenue during the period. In addition, the average gold spot price received increased by 17% to R899 563/kg in 2021. (b) Silver is derived from the Hidden Valley mine in Papua New Guinea. Silver produced decreased by 12% to 59 489kg from 67 295kg in 2021 as a result of operational issues experienced at Hidden Valley, as mentioned above. The average silver price decreased by 10% to R11 293/kg in 2022. Silver produced decreased by 31% to 67 295kg in 2021 from 97 332kg in 2020, however the average silver price increased by 49% to R12 602/kg in 2021. (c) Uranium is derived from the Moab Khotsong operation. Uranium produced increased by 11% to 167 696kg from 150 778kg in 2021 and the average uranium price increased by 50% to R1 514/kg in 2022. Uranium produced increased by 10% to 150 778kg in 2021 from 137 298kg in 2020 and the average uranium price increased by 15% to R1 010/kg in 2021. 5 Revenue continued Below are the average commodity prices received for the financial years: 2022 2021 2020 Gold 1 – US$ per ounce (US$/oz) 1 829 1 719 1 461 – Rand per kilogram (R/kg) 894 218 851 045 735 569 Silver – US$ per ounce (US$/oz) 23.09 25.45 16.85 – Rand per kilogram (R/kg) 11 293 12 602 8 485 Uranium – US$ per pound (US$/lb) 45.14 29.76 25.34 – Rand per kilogram (R/kg) 1 514 1 010 875 1 The gold price includes the realised effective portion of the hedge-accounted gold derivatives.

Cost of Sales

Cost of Sales	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Cost of Sales	6 Cost of sales SA Rand Figures in million 2022 2021 2020 Production costs (a) 33 099 29 774 22 048 Amortisation and depreciation of mining assets (b) 3 622 3 777 3 409 Amortisation and depreciation of assets other than mining assets (b) 61 98 99 Rehabilitation expenditure (c) 136 135 47 Care and maintenance costs of restructured shafts (d) 273 144 146 Employment termination and restructuring costs (e) 218 332 40 Share-based payments (f) 143 114 130 Impairment of assets (g) 4 433 1 124 — Other (58) (9) (11) Total cost of sales 41 927 35 489 25 908 (a) Production costs include mine production, transport and refinery costs, applicable general administrative costs, movement in inventories and ore stockpiles, ongoing environmental rehabilitation costs and transfers for stripping activities. Employee termination costs are included, except for employee termination costs associated with major restructuring and shaft closures, which are separately disclosed. Production costs increased by R3 325 million (11% year on year) during 2022. These costs increased mainly due to the inclusion of the Mponeng operations and related assets for a full financial year, and inflationary pressures on costs including labour, electricity and consumables. This was partially offset by a reduction in the royalty expense in the current year due to lower profits which impacted the rates at which the royalties are calculated. Production costs increased by R7 726 million (35% year on year) during the 2021 year. These costs increased mainly as a result of the acquisition of the Mponeng operations and related assets, which contributed R5 230 million to the increase. The remaining increase is mainly attributable to higher utilities and labour costs as a result of annual increases. Also contributing is the royalty expense which increased due to increased profitability as a result of the higher gold prices, which also impacted on the rates at which royalties are calculated. Production costs, analysed by nature, consist of the following: SA Rand Figures in million 2022 2021 2020 Labour costs, including contractors 19 350 17 585 13 004 Consumables 8 581 7 218 5 441 Water and electricity 6 009 5 138 3 664 Change in inventory 21 69 (70) Capitalisation of mine development costs (2 576) (2 117) (1 485) Stripping activities (1 096) (1 047) (675) Royalty expense 360 637 327 Other 2 450 2 291 1 842 Total production costs 33 099 29 774 22 048 6 Cost of sales continued (b) The decrease for the 2022 year is predominantly as a result of the operational challenges experienced at the Hidden Valley operation, which resulted in lower production and therefore a decrease in depreciation year on year of R651 million. This was partially offset by increased depreciation at the other operations. Notably, Mine Waste Solutions had a year-on-year increase of R227 million, primarily due to new assets being brought into use. Mponeng also recorded an increase, due to the consolidation for the full year for 2022 compared to nine months for 2021, amounting to R54 million. With the closure of Bambanani earlier than initially planned, additional depreciation of R56 million was recorded due to the shortened life of the operation. The increase for the 2021 year is as a result of the operations running for the entire year with no lockdown while the charge for 2020 was impacted by lower production due to the closure of underground operations as a result of the Covid-19 pandemic. The inclusion of the Mponeng operations and related assets in the asset base also contributes to the increase year on year. Amortisation and depreciation of assets other than mining assets includes the amortisation of intangible assets. (c) For the assumptions used to calculate the rehabilitation costs, refer to note 26. This expense includes the change in estimate for the rehabilitation provision where an asset no longer exists as well as costs related to the rehabilitation process. For 2022, R65 million (2021: R15 million) (2020: R47 million) was spent on rehabilitation in South Africa. Refer to note 26. The acquisition of the Mponeng operations and related assets resulted in Harmony taking on the rehabilitation liability for these operations, resulting in a R80 million increase in the rehabilitation provision expense for the 2021 year, as compared with 2020. (d) The increase in the 2022 year is mainly due to the Vaal River surface operations and Kopanang gold plant being placed on care and maintenance at the end of the 2021 year, which contributed R117 million to the total. (e) During 2021, a new programme for voluntary and medical severance packages was offered to employees, partially related to the closure of Unisel. The decrease in 2022 is due to a lower number of employees taking up voluntary severance packages year on year. The employment termination and restructuring expenditure for 2020 relates to the voluntary severance programme in place to reduce labour costs. (f) Refer to note 36 for details on the share-based payment schemes implemented by the group. (g) Management performed an assessment for indicators of impairment as well as indicators of reversal of previously recorded impairment losses at 30 June 2022. Due to the net asset value (before any impairments recognised) exceeding the market capitalisation of Harmony as at 30 June 2022, as well as increased operating costs, the recoverable amounts for all cash generating units (CGUs) were calculated. The recoverable amounts for these assets were determined on a fair value less cost to sell basis using assumptions per note 15 in the discounted cash flow models and attributable resource values. These are fair value measurements classified as level 3. Based on the impairment tests performed, impairments were recorded on certain operations for the 2022 year. Where CGUs had previously been impaired, management considered whether the impairment loss (or the contributors to the previously recognised impairment loss) no longer exists or might have decreased. Management considered general and specific factors for each CGU and concluded that although overall the gold price environment had improved from the time that the impairment losses had been recognised, the specific circumstances that led to the original impairments had not reversed. Furthermore, the service potential of the asset has not increased. Management therefore resolved it to be appropriate for no reversal of previously recognised impairment losses to be recorded for the year ended 30 June 2022. There also was no reversal of impairment for the 2021 or 2020 financial years. Refer to note 15 for further information. The impairment of assets consists of the following: SA Rand Figures in million 2022 2021 2020 Tshepong Operations 3 622 759 — Moab Khotsong 522 — — Kusasalethu 145 — — Bambanani 144 187 — Target 3 — 178 — Total impairment of assets 4 433 1 124 — 6 Cost of sales continued (g) Impairment of assets continued The Tshepong Operations were disaggregated into two separate CGUs being the Tshepong North CGU and the Tshepong South (also known as the Phakisa section) CGU, for impairment testing at 30 June 2022. This is due to the decision taken during the FY23 budget process in June 2022, to reinvest in the two individual operations to maximise individual profitability following the change to Tshepong North's life-of-mine with the sub-75 decline project being halted. Based on the forward-looking nature of the impairment assessment, a separate impairment calculation was prepared for each of the CGUs. The disaggregation of CGUs did not have an impact on reportable segments in terms of IFRS 8 Operating Segments as disclosed in the segment report, since information reported to the chief operating decision maker for the 2022 financial year was still for the combined Tshepong Operations. Going forward, however, Tshepong North and Tshepong South will be disclosed as separate reportable segments. The recoverable amounts of the CGUs where impairments were recognised as at 30 June 2022 are as follows: SA Rand Recoverable amount Figures in million Life-of-mine plan Resource Total Tshepong Operations For Tshepong South, the individual life-of-mine plan included additional capital to address flexibility constraints at the operation. Costs also increased significantly as a result of inflationary pressures. These changes along with a higher post-tax discount rate of 11.67% (2021: 10.11% for Tshepong Operations), negatively affected the discounted cash flows used to determine the recoverable amount of the operation. 1 645 — 1 645 The impairment of Tshepong North was as a result of increased cost of both production and capital expenditure and an increased post-tax discount rate of 11.67% (2021: 10.11% for Tshepong Operations). The recoverable amount was also affected by the reclassification of production for the sub-75 level from reserves in the life-of-mine plan to the resource base, which is subject to a higher discount rate of 13.72% (2021: 12.02%). 1 088 850 1 938 Moab Khotsong The updated life-of-mine plan included an increase in working and capital costs as a result of inflationary pressures. The updated life-of-mine plan also includes additional capital expenditure which relates to the Zaaiplaats project after finalisation of its detailed design plan during the current financial year. This impacted the discounted cash flows used to determine the recoverable amount of the operation. The recoverable amount was further impacted by an increased post-tax discount rate of 10.44% (2021: 9.35%). 3 748 — 3 748 Kusasalethu A decrease in tonnes combined with a decrease in grade over the remainder of the life-of-mine of the operation lead to a decrease in gold production. The reduction is due to an updated plan to mitigate safety risks that exist at the operation. 806 — 806 Bambanani The life-of-mine plan of the operation was revised in the period ended 31 December 2021, bringing the closure of the operation forward from June 2024 to June 2022. This was as a result of the increased seismicity and related risk increasing as pillars were mined out. At 31 December 2021, the post-tax recoverable amount was derived from expected cash flows as per the life-of-mine plans and amounted to R36 million. The recoverable amount is now Rnil, as the operation was closed down during June 2022. The assumptions used in the December impairment assessment included a gold price of US$1 782/oz, an exchange rate of R15.36/US$1, a final gold price of R880 000/kg and a post-tax real discount rate of 12.59%. This resulted in a post-tax recoverable amount of R36 million at 31 December 2021. — — — 6 Cost of sales continued (g) Impairment of assets continued The recoverable amounts of the CGUs where impairments were recognised as at 30 June 2021 are as follows: SA Rand Recoverable amount Figures in million Life-of-mine plan Resource Total Tshepong Operations The updated life-of-mine plan included a reduction in planned gold resulting from lower grade. There was also a change in the mining profile in the revised life-of-mine plan, which impacted on the timing of cash flows, which were then later than in comparison to the prior-year plan. These changes affected the discounted cash flows used to determine the recoverable amount of the operation. 4 847 936 5 783 Bambanani The impairment of goodwill on Bambanani was mainly as a result of a reduction in grade over the remainder of the operation's life. The reduction in grade is due to unexpected changes in the orebody and a lower mine call factor. 341 — 341 Target 3 Previous plans to explore the sale of the operation have been abandoned and further development is not a viable option at this stage. Therefore management has determined a recoverable amount of Rnil. — — —

Corporate, Administration and O

Corporate, Administration and Other Expenditure	12 Months Ended
	Jun. 30, 2022
Corporate, Administration and Other Expenditure [Abstract]
Disclosure of Corporate, Administration and Other Expenditure	Corporate, administration and other expenditure SA Rand Figures in million 2022 2021 2020 Professional and legal fees 61 52 45 Compliance and assurance costs 62 51 39 Corporate business development (a) 39 221 19 Corporate office expenditure (b) 797 707 486 Other corporate and administration expenses 25 37 22 Total corporate, administration and other expenditure 984 1 068 611 (a) The decrease in corporate business development in 2022 is largely attributable to integration costs incurred in 2021 of R205 million (2020: R4 million) which were incurred in relation to the acquisition of Mponeng operations and related assets. These expenses were not incurred in the 2022 financial year. Refer to note 14 for further detail. (b) The increase in corporate office expenditure in 2021 is mainly due to the increase in remuneration costs and employee incentive payments from a reduced base in the 2020 year following group-wide pay cuts in response to the Covid-19 pandemic.
Disclosure of general and administrative expense [text block]	SA Rand Figures in million 2022 2021 2020 Professional and legal fees 61 52 45 Compliance and assurance costs 62 51 39 Corporate business development (a) 39 221 19 Corporate office expenditure (b) 797 707 486 Other corporate and administration expenses 25 37 22 Total corporate, administration and other expenditure 984 1 068 611 (a) The decrease in corporate business development in 2022 is largely attributable to integration costs incurred in 2021 of R205 million (2020: R4 million) which were incurred in relation to the acquisition of Mponeng operations and related assets. These expenses were not incurred in the 2022 financial year. Refer to note 14 for further detail. (b) The increase in corporate office expenditure in 2021 is mainly due to the increase in remuneration costs and employee incentive payments from a reduced base in the 2020 year following group-wide pay cuts in response to the Covid-19 pandemic.

Foreign Exchange Translation Ga

Foreign Exchange Translation Gain/(Loss)	12 Months Ended
	Jun. 30, 2022
Foreign Exchange Translation Gain/(Loss) [Abstract]
Disclosure of effect of changes in foreign exchange rates [text block]	Foreign exchange translation gain/(loss) SA Rand Figures in million 2022 2021 2020 Borrowings (a) (411) 894 (970) Other items (b) 84 (224) 78 Total foreign exchange translation gain/(loss) (327) 670 (892) (a) The loss in 2022 is predominantly caused by unfavourable translations on US dollar loan balances. The unfavourable translations on US dollar loans are attributable to the Rand weakening against the US dollar, evidenced by a closing exchange rate of R16.27/US$1 (2021: R14.27/US$1) (2020: R17.32/US$1). However, the average exchange rate improved marginally from the prior financial year to R15.21/US$1 (2021: R15.40/US$1) (2020: R15.66/US$1). (b) This relates mainly to the translation of metal trade receivables and cash from a foreign currency to the functional currencies of the operating entities.

Other Operating Expenses

Other Operating Expenses	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Other Operating Expenses	Other operating expenses SA Rand Figures in million 2022 2021 2020 Social investment expenditure 145 126 143 Loss on scrapping of property, plant and equipment (a) 7 161 62 Silicosis settlement provision (b) 23 80 36 Loss allowance 22 47 63 Remeasurement of contingent consideration (c) (61) (127) — Income from third-party toll treatment fee (d) (25) — — Other (income)/expense – net (e) (110) (46) 5 Total other operating expenses 1 241 309 (a) These losses arise from the derecognition of property, plant and equipment that is no longer in use. No future economic benefits are expected from the use or disposal of these assets. Refer to note 15 for further detail on the accounting policy as well as the amounts per asset category. (b) Refer to note 27 for details on the movement in the silicosis settlement provision. (c) Refer to note 29 for details on the remeasurement of the contingent consideration (d) The amount relates to fees received from a third party for the treatment of ore at the Doornkop plant. (e) The increase for the 2022 year is mainly attributable to insurance claim proceeds of R83 million and profit on the sale of property, plant and equipment of R24 million.

Investment Income

Investment Income	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Investment Income	Investment income Accounting policy Interest income is recognised on the effective interest method, taking into account the principal outstanding and the effective rate over the period to maturity, when it is determined that such income will accrue to the group. Dividend income is recognised when the shareholder's right to receive payment is established. This is recognised at the last date of registration. Cash flows from interest and dividends received are classified under operating activities in the cash flow statement. SA Rand Figures in million 2022 2021 2020 Interest income from financial assets at amortised cost 276 265 257 Dividend income 1 24 23 — Net gain on financial instruments 2 52 43 118 Total investment income 352 331 375 1 Comprises R10 million (2021: R18 million) received from Rand Mutual Assurance and R14 million (2021: R5 million) received from equity investments held by environmental trusts (refer to note 17). 2 Primarily relates to the environmental trust funds (refer to note 17) and the ARM BBEE Trust loan (refer to note 18). In 2021 the gains were offset by a day one expense of R87 million on the refinancing of the ARM BBEE Trust loan.

Finance Costs

Finance Costs	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Finance Costs	Finance costs Accounting policy Borrowing costs are capitalised to the extent that they are directly attributable to the acquisition and construction of qualifying assets. Qualifying assets are assets that take a substantial time to get ready for their intended use. These costs are capitalised until the asset moves into the production phase. Other borrowing costs are expensed. The foreign exchange translation loss is included in the borrowing cost calculation to the extent that it is considered to be a part of interest. In a year where a foreign exchange gain is recognised on the borrowings’ translation, the potential impact thereof on the rate as well as the borrowing costs is disregarded. 11 Finance costs continued SA Rand Figures in million 2022 2021 2020 Financial liabilities Borrowings 238 228 424 Other creditors and liabilities 22 14 9 Total finance costs from financial liabilities 260 242 433 Non-financial liabilities Time value of money for other provisions 79 74 88 Streaming arrangements 67 71 — Time value of money and inflation component of rehabilitation costs 377 296 194 Total finance costs from non-financial liabilities 523 441 282 Total finance costs before interest capitalised 783 683 715 Interest capitalised (a) (65) (22) (54) Total finance costs 718 661 661 (a) The capitalisation rate used to determine capitalised borrowing costs is: Percent (%) 2022 2021 2020 Capitalisation rate 6.8 3.8 9.4 The capitalisation rate for 2022 and 2020 includes the impact of the foreign exchange loss for the year where the Rand equivalent rate is used. The decrease in the capitalisation rate for 2021 is due to the exclusion of the foreign exchange gain for the year.

Taxation

Taxation	12 Months Ended
	Jun. 30, 2022
Income Taxes [Abstract]
Taxation	Taxation Accounting policy Taxation is made up of current and deferred taxation. The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the group operates and generates taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes provisions, where appropriate, on the basis of amounts expected to be paid to the tax authorities. Deferred taxation is recognised on temporary differences existing at each reporting date between the tax base of all assets and liabilities and their carrying amounts. Substantively enacted tax rates are used to determine future anticipated effective tax rates which in turn are used in the determination of deferred taxation, except to the extent that deferred tax arises from the initial recognition of an asset or liability in a transaction that is not a business combination and does not affect the accounting or taxable profit or loss at the time of the transaction. Deferred tax is charged to profit or loss, except where the tax relates to items recognised in other comprehensive income or directly in equity, in which case the tax is also recognised in other comprehensive income or directly in equity. The effect on deferred tax of any changes in tax rates is recognised in the income statement, except to the extent that it relates to items previously charged or credited directly to equity. The principal temporary differences arise from amortisation and depreciation on property, plant and equipment, provisions, unutilised tax losses, unutilised capital allowances carried forward and unrealised gains and losses on the gold forward sale contracts. Deferred tax assets relating to the carry forward of unutilised tax losses and unutilised capital allowances are recognised to the extent that it is probable that future taxable profit will be available against which the unutilised tax losses and unutilised capital allowances can be utilised. The recoverability of these assets is reviewed at each reporting date and adjusted if recovery is no longer probable. Deferred income tax is provided on temporary differences arising from investments in subsidiaries, joint ventures and associates, except where the timing of the reversal of the temporary difference is controlled by the group and it is probable that the temporary difference will not reverse in the foreseeable future. Deferred income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current tax liabilities and when the deferred income tax assets and liabilities relate to income taxes levied by the same taxation authority on either the taxable entity or different taxable entities where there is an intention to settle the balances on a net basis. Critical accounting estimates and judgements The group is subject to income tax in several jurisdictions. Significant judgement is required in determining the worldwide provision for income taxes due to the complexity of legislation. There are many transactions and calculations for which the ultimate tax determination is uncertain during the ordinary course of business. Where the final tax outcome is different from the amounts that were initially recorded, such differences will impact the income tax and deferred tax provisions in the period in which such determination is made. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled. When different tax rates apply to different levels of taxable income, deferred tax assets and liabilities are measured using the average tax rates that are expected to apply to the taxable profit (tax loss) of the periods in which the temporary differences are expected to reverse. At the group’s South African operations, such average tax rates are directly impacted by the profitability of the relevant mine. The deferred tax rate is therefore based on the current estimate of future profitability of an operation when temporary differences will reverse, based on tax rates and tax laws that have been enacted at the balance sheet date. The future profitability of each mine, in turn, is determined by reference to the life-of-mine (LoM) plan for that operation. The LoM plan is influenced by factors as disclosed in note 15, which may differ from one year to the next and normally result in the deferred tax rate changing from one year to the next. Management has to exercise judgement with regard to deferred tax assets. Where it is not probable that future taxable income may flow against which these assets can be offset, the deferred tax assets are not recognised. 12 Taxation continued The taxation (expense)/credit for the year is as follows: SA Rand Figures in million 2022 2021 2020 SA taxation Mining tax (a) (182) (464) (56) – current year (194) (467) (61) – prior year 12 3 5 Non-mining tax (b) (125) (80) (2) – current year (121) (81) (2) – prior year (4) 1 — Deferred tax (c) 353 (714) (197) – current year 353 (714) (197) Total taxation (expense)/credit 46 (1 258) (255) (a) Mining tax on gold mining taxable income in South Africa is determined according to a formula, based on the taxable income from mining operations. 5% of total revenue is exempt from taxation, while the remainder is taxable at a higher rate (up to a maximum of 34%) than non-mining income (28%) as a result of applying the gold mining formula. Mining and non-mining income of Australian and PNG entities are taxed at a standard rate of 30%. All qualifying mining capital expenditure is deducted from taxable mining income to the extent that it does not result in an assessed loss. Accounting depreciation is eliminated when calculating the South African mining taxable income. Excess capital expenditure is carried forward as unredeemed capital to be claimed from future mining taxable income. The group has several tax paying entities in South Africa. In terms of the mining ring-fencing application, each ring-fenced mine is treated separately and deductions can normally only be utilised against mining income generated from the relevant ring-fenced mine. The movement in foreign exchange translation from gains in the 2021 year to losses in 2022 and a decline in mining taxable income resulted in the decrease in the current tax expense during the 2022 year. The movement in foreign exchange translation from losses in the 2020 year to gains in 2021, as well as higher mining taxable income due to the increase of revenue, resulted in the increase in the current tax expense during the 2021 year. This was also impacted by certain companies within the group using their unredeemed capital allowances as well as assessed losses during 2021. (b) Non-mining taxable income of mining companies and the taxable income for non-mining companies are taxed at the statutory corporate rate of 28%.The expense for the 2022 and 2021 financial years relates to non-mining tax arising from derivative gains (realised and unrealised) recognised on the foreign currency derivatives as well as the realised gains on the commodity forward sale contracts. During 2020, the losses on the derivative contracts resulted in non-mining tax losses. Refer to note 19 for details on the group's derivative gains and losses recorded. (c) The deferred tax rate used to calculate deferred tax is based on the current estimate of future profitability when temporary differences will reverse based on tax rates and tax laws that have been enacted at the balance sheet date. Depending on the profitability of the operations, the deferred tax rate can consequently be significantly different from year to year. Following the completion of the annual life-of-mine plans, management revised the weighted average deferred tax rates for all the South African operations. As part of the determination of the deferred tax rates, consideration was given to the amended corporate income tax rate of 27% from 28% as well as the change in the mining tax rate from 34% to 33% for the 2023 financial year. The annual limitation of assessed loss utilisation to 80% of taxable income was incorporated in the calculation. The changes were considered to be substantively enacted at 30 June 2022 and would affect forecast tax estimations or cash flows. They were also taken into account in the determination of recoverable amounts for impairment purposes. Refer to note 15. Changes to the deferred income tax rates were significant for the following entities: Percent (%) 2022 2021 2020 Harmony 25.1 27.4 29.8 Freegold (Harmony) (Proprietary) Limited 7.0 12.1 11.4 Randfontein Estates Limited (Randfontein) 8.7 5.1 10.1 Harmony Moab Khotsong Operations (Proprietary) Limited (Moab) 14.7 17.6 17.3 Golden Core Trade and Invest (Proprietary) Limited (Mponeng) 12.8 11.3 n/a 12 Taxation continued (c) Deferred tax continued These changes, together with changes in the temporary differences, had the following impacts: • The change in rates, with majority decreasing year on year at the individual company level (other than hedge accounted derivatives), resulted in a decrease in the deferred tax expense and liability to the amount of R386 million (2021: R55 million increase) • The impact of impairments at the individual CGU level resulted in a decrease in the deferred tax expense and liability of R312 million • Unwinding of temporary differences related to unredeemed capital expenditure balances resulted in an increase of R86 million in the deferred tax expense (2021: R301 million) • The Rand weakened during the 2022 year and the number of outstanding Rand gold contracts at 30 June 2022 decreased, resulting in a negative impact on the valuation of the Rand gold derivatives at year end. Refer to notes 19 and 39 for detail. The temporary differences related to the Rand gold derivatives therefore also decreased, resulting in a R170 million decrease in the deferred tax liability and deferred tax expense (2021: R782 million increase). Management assessed the rates at which the temporary differences are expected to reverse and revised the rate for the vast majority of the companies from the previous non-mining tax rate of 28% rate to the non-mining tax rate of 27% which will be applicable from 2023 onwards. Income and mining tax rates The tax rate remained unchanged for the 2020, 2021 and 2022 years. Major items causing the group's income tax provision to differ from the South African mining statutory tax rate of 34% were: SA Rand Figures in million 2022 2021 2020 Tax (expense)/credit on net profit/loss at the mining statutory tax rate 360 (2 170) 202 Non-allowable deductions and non-taxable items (328) (153) (221) Equity-settled share-based payments (49) (49) (62) Gain on bargain purchase — 102 — Acquisition- and integration-related costs — (75) — Impairment of goodwill (114) (64) — Exploration expenditure (79) (15) (55) Finance costs (52) (50) (76) Other (34) (2) (28) Movement in temporary differences related to property, plant and equipment 1 (1 447) 378 (355) Movements in temporary differences related to other assets and liabilities (174) (465) (452) Difference between effective mining tax rate and statutory mining rate on mining income 125 145 10 Difference between non-mining tax rate and statutory mining rate on non-mining income 26 17 — Effect on temporary differences due to changes in effective tax rates 2 386 (55) (469) Prior-year adjustment 10 (4) 5 Capital allowances 3 973 860 766 Deferred tax asset not recognised 4 115 189 34 Deferred tax asset previously not recognised now recorded 5 — — 225 Income and mining taxation (expense)/credit 46 (1 258) (255) Effective income and mining tax rate (%) 4 20 (43) 1 The change in 2022 is mainly as a result of the decrease in the net carrying value of Freegold and Moab’s assets due to the impairment recognised (refer to note 6) as well as an increase in the unredeemed capital expenditure balance of Avgold. 2 Refer to (c) above for detail of the deferred tax rate changes. 3 This relates to the additional capital allowance that may be deducted from taxable income from mining operations in South Africa. A significant portion relates to Avgold Limited (Avgold) which has a 0% effective tax rate. 4 This relates to tax losses and deductible temporary differences for which future taxable profits are uncertain and are not considered probable. 5 In 2020, the assessment on whether there would be future profits for Harmony Company as well as taxable temporary differences, which the deductible temporary differences can be reversed against, was performed. Management concluded that there would be and therefore the deferred tax asset not recognised in the 2019 year was recognised at 30 June 2020. 12 Taxation continued Deferred tax The analysis of deferred tax assets and liabilities is as follows: SA Rand Figures in million 2022 2021 Deferred tax assets (1 183) (1 202) Deferred tax asset to be recovered after more than 12 months (1 091) (522) Deferred tax asset to be recovered within 12 months (92) (680) Deferred tax liabilities 2 566 3 108 Deferred tax liability to be recovered after more than 12 months 2 192 2 713 Deferred tax liability to be recovered within 12 months 374 395 Net deferred tax liability 1 383 1 906 Deferred tax liabilities and assets on the balance sheet as of 30 June 2022 and 30 June 2021 relate to the following: SA Rand Figures in million 2022 2021 Gross deferred tax liabilities 2 566 3 108 Amortisation and depreciation 1 2 375 2 807 Derivative financial instruments 143 276 Other 48 25 Gross deferred tax assets (1 183) (1 202) Unredeemed capital expenditure 2 (3 863) (3 540) Provisions, including non-current provisions (1 133) (1 157) Contingent consideration liability (39) (47) Streaming contract liability (86) (140) Other (3) — Tax losses 3 (1 524) (1 151) Deferred tax asset not recognised 4 5 465 4 833 Net deferred tax liability 1 383 1 906 1 The decrease in amortisation and depreciation year on year is mainly as a result of the impairments recognised during 2022. 2 Unredeemed capital expenditure mainly consists of Hidden Valley R3 521 million (2021: R3 157 million) and Mponeng R125 million (2021: R146 million). 3 The majority of the amount relates to Hidden Valley's tax losses of R1 417 million (2021: R1 089 million). 4 The deferred tax asset not recognised relates to Harmony's PNG operations. Movement in the net deferred tax liability recognised in the balance sheet is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 906 465 Expense/(credit) per income statement (353) 714 Acquisition of Mponeng operations and related assets — (55) Tax directly charged to other comprehensive income (170) 782 Balance at end of year 1 383 1 906 Deferred tax assets per balance sheet (203) (272) Deferred tax liabilities per balance sheet 1 586 2 178 A deferred tax asset continues to be recognised for both Harmony Gold Mining Company Limited (Harmony Company) and Chemwes (Proprietary) Limited (Chemwes Company) at 30 June 2022. The net deferred tax asset balance of Harmony company has increased to R179 million (2021: R175 million), while Chemwes Company’s net deferred tax asset has decreased to R24 million (2021: R97 million). At 30 June 2022, it is considered probable that sufficient future taxable profits will be available against which the remaining deductible temporary differences existing at the reporting date can be utilised. 12 Taxation continued Deferred tax continued SA Rand Figures in million 2022 2021 As at 30 June, the group had the following potential future tax deductions: Unredeemed capital expenditure available for utilisation against future mining taxable income 1 45 408 41 184 Tax losses carried forward utilisable against mining taxable income 2 7 445 5 746 Capital gains tax (CGT) losses available to be utilised against future CGT gains 4 583 570 As at 30 June, the group has not recognised the following deferred tax asset amounts relating to the above: 15 978 13 820 The unrecognised temporary differences are: Unredeemed capital expenditure 3 42 859 37 667 Tax losses 2 6 471 4 832 CGT losses 4 583 570 1 Includes Avgold R27 133 million (2021: R24 161 million), Randfontein R502 million (2021: R1 268 million), Freegold R557 million (2021: R42 million), Mponeng R978 million (2021: R1 296 million), Chemwes R260 million (2021: R419 million) and Hidden Valley R15 725 million (2021: R13 506 million). These have an unlimited carry-forward period. 2 Relates mainly to Hidden Valley R4 718 million (2021: R3 629 million), Randfontein R708 million (2021: R796 million), and Avgold R1 761 million (2021: R1 184 million). These have an unlimited carry-forward period. 3 Relates to Avgold and Hidden Valley. 4 The CGT losses relate to the gross CGT losses available to be utilised against future CGT gains. Dividend tax (DT) The withholding tax on dividends remained unchanged at 20%.
Disclosure of deferred taxes	Deferred tax The analysis of deferred tax assets and liabilities is as follows: SA Rand Figures in million 2022 2021 Deferred tax assets (1 183) (1 202) Deferred tax asset to be recovered after more than 12 months (1 091) (522) Deferred tax asset to be recovered within 12 months (92) (680) Deferred tax liabilities 2 566 3 108 Deferred tax liability to be recovered after more than 12 months 2 192 2 713 Deferred tax liability to be recovered within 12 months 374 395 Net deferred tax liability 1 383 1 906 Deferred tax liabilities and assets on the balance sheet as of 30 June 2022 and 30 June 2021 relate to the following: SA Rand Figures in million 2022 2021 Gross deferred tax liabilities 2 566 3 108 Amortisation and depreciation 1 2 375 2 807 Derivative financial instruments 143 276 Other 48 25 Gross deferred tax assets (1 183) (1 202) Unredeemed capital expenditure 2 (3 863) (3 540) Provisions, including non-current provisions (1 133) (1 157) Contingent consideration liability (39) (47) Streaming contract liability (86) (140) Other (3) — Tax losses 3 (1 524) (1 151) Deferred tax asset not recognised 4 5 465 4 833 Net deferred tax liability 1 383 1 906 1 The decrease in amortisation and depreciation year on year is mainly as a result of the impairments recognised during 2022. 2 Unredeemed capital expenditure mainly consists of Hidden Valley R3 521 million (2021: R3 157 million) and Mponeng R125 million (2021: R146 million). 3 The majority of the amount relates to Hidden Valley's tax losses of R1 417 million (2021: R1 089 million). 4 The deferred tax asset not recognised relates to Harmony's PNG operations. Movement in the net deferred tax liability recognised in the balance sheet is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 906 465 Expense/(credit) per income statement (353) 714 Acquisition of Mponeng operations and related assets — (55) Tax directly charged to other comprehensive income (170) 782 Balance at end of year 1 383 1 906 Deferred tax assets per balance sheet (203) (272) Deferred tax liabilities per balance sheet 1 586 2 178 A deferred tax asset continues to be recognised for both Harmony Gold Mining Company Limited (Harmony Company) and Chemwes (Proprietary) Limited (Chemwes Company) at 30 June 2022. The net deferred tax asset balance of Harmony company has increased to R179 million (2021: R175 million), while Chemwes Company’s net deferred tax asset has decreased to R24 million (2021: R97 million). At 30 June 2022, it is considered probable that sufficient future taxable profits will be available against which the remaining deductible temporary differences existing at the reporting date can be utilised. 12 Taxation continued Deferred tax continued SA Rand Figures in million 2022 2021 As at 30 June, the group had the following potential future tax deductions: Unredeemed capital expenditure available for utilisation against future mining taxable income 1 45 408 41 184 Tax losses carried forward utilisable against mining taxable income 2 7 445 5 746 Capital gains tax (CGT) losses available to be utilised against future CGT gains 4 583 570 As at 30 June, the group has not recognised the following deferred tax asset amounts relating to the above: 15 978 13 820 The unrecognised temporary differences are: Unredeemed capital expenditure 3 42 859 37 667 Tax losses 2 6 471 4 832 CGT losses 4 583 570 1 Includes Avgold R27 133 million (2021: R24 161 million), Randfontein R502 million (2021: R1 268 million), Freegold R557 million (2021: R42 million), Mponeng R978 million (2021: R1 296 million), Chemwes R260 million (2021: R419 million) and Hidden Valley R15 725 million (2021: R13 506 million). These have an unlimited carry-forward period. 2 Relates mainly to Hidden Valley R4 718 million (2021: R3 629 million), Randfontein R708 million (2021: R796 million), and Avgold R1 761 million (2021: R1 184 million). These have an unlimited carry-forward period. 3 Relates to Avgold and Hidden Valley. 4 The CGT losses relate to the gross CGT losses available to be utilised against future CGT gains.

Earnings_(Loss) Per Share

Earnings/(Loss) Per Share	12 Months Ended
	Jun. 30, 2022
Earnings per share [abstract]
Earnings/(Loss) Per Share	Earnings/(loss) per share Basic earnings/(loss) per share Basic earnings/(loss) per share is calculated by dividing the net income attributable to shareholders by the weighted number of ordinary shares in issue during the year. 2022 2021 2020 Ordinary shares in issue (000) 616 526 616 052 603 143 Adjustment for weighted number of ordinary shares in issue (000) (121) (5 582) (61 306) Weighted number of ordinary shares in issue (000) 616 405 610 470 541 837 Adjustment for weighted number of treasury shares (000) 1 (3 950) (6 184) (6 501) Basic weighted average number of ordinary shares in issue (000) 612 455 604 286 535 336 SA Rand 2022 2021 2020 Total net profit/(loss) attributable to shareholders (million) (1 052) 5 087 (878) Total basic earnings/(loss) per share (cents) (172) 842 (164) 1 These are the weighted number of treasury shares for the years presented. Refer to note 24 for the actual number of treasury shares that are in issue. 13 Earnings/(loss) per share continued Diluted earnings/(loss) per share For diluted earnings/(loss) per share, the weighted average number of ordinary shares in issue is adjusted to assume conversion of all potential dilutive ordinary shares as a result of share options granted to employees under the share option schemes in issue. A calculation is performed to determine the number of shares that could have been acquired at fair value, determined as the average annual market share price of the company's shares, based on the monetary value of the subscription rights attached to the outstanding share options. The number of shares calculated as above is compared with the number of shares that would have been issued assuming the exercise of the share options. 2022 2021 2020 Weighted average number of ordinary shares in issue (000) 612 455 604 286 535 336 Potential ordinary shares (000) 1 2 159 12 099 11 858 Weighted average number of ordinary shares for diluted earnings per share (000) 1 614 614 616 385 547 194 SA Rand 2022 2021 2020 Total diluted earnings/(loss) per share (cents) 2 (172) 825 (166) 1 Due to net loss attributable to the shareholders in 2022 and 2020, the inclusion of the share options as potential ordinary shares had an anti-dilutive effect on the loss, therefore the diluted loss per share was set at the basic loss per share for these years. The issue price and the exercise of share options issued to the employees include the fair value of any services to be supplied to the entity in the future under the share option or other share-based payment arrangements. 2 The dilution in 2020 is as a result of the potential reduction in earnings attributable to equity holders of the parent company as a result of the exercise of the Tswelopele Beneficiation Operation (TBO) option. TBO contributed a profit and therefore the reduction in earnings attributable to Harmony would increase the loss and loss per share. Following the vesting of the option in December 2019, there has been no further impact. Dividends Accounting policy Dividends declared are recognised in the period in which they are approved by the board of directors. Dividends are payable in South African Rand. Cash flows from dividends paid are classified under financing activities in the cash flow statement. • The board declared an interim ordinary dividend of 40 SA cents for the year ended 30 June 2022 (2021:110 SA cents). R247 million was paid on 11 April 2022 (2021: R677 million was paid on 19 April 2021). A final dividend of 27 SA cents for the 2021 year was declared by the board, amounting to R167 million which was paid on 18 October 2021. No dividends were paid on ordinary shares by Harmony during 2020. • The board declared a final ordinary dividend of 22 SA cents for the year ended 30 June 2022, paid on 17 October 2022. • Harmony declares an annual preference share dividend to the Harmony Gold Community Trust (the Trust). The board declared a preference dividend of R9 million and was paid to the Trust on 11 August 2022 (2021 and 2020: R9 million on 10 August 2021 and 6 August 2020 respectively). • During 2022, dividend payments of R16 million were made to the non-controlling interest holders in Tswelopele Beneficiation Operation (2021: R7 million) (2020: R3 million). SA Rand 2022 2021 2020 Dividends declared (millions) 414 677 — Dividend per share (cents) 67 110 —
Disclosure of Earnings/(Loss) Per Share	2022 2021 2020 Weighted average number of ordinary shares in issue (000) 612 455 604 286 535 336 Potential ordinary shares (000) 1 2 159 12 099 11 858 Weighted average number of ordinary shares for diluted earnings per share (000) 1 614 614 616 385 547 194 SA Rand 2022 2021 2020 Total diluted earnings/(loss) per share (cents) 2 (172) 825 (166) 1 Due to net loss attributable to the shareholders in 2022 and 2020, the inclusion of the share options as potential ordinary shares had an anti-dilutive effect on the loss, therefore the diluted loss per share was set at the basic loss per share for these years. The issue price and the exercise of share options issued to the employees include the fair value of any services to be supplied to the entity in the future under the share option or other share-based payment arrangements.

Acquisitions and Business Combi

Acquisitions and Business Combinations	12 Months Ended
	Jun. 30, 2022
Disclosure of detailed information about business combination [abstract]
Acquisitions and Business Combinations	Acquisitions and business combinations Acquisition of AngloGold Ashanti's remaining South African operations On 12 February 2020, Harmony announced that it had reached an agreement with AngloGold Ashanti Limited (AGA) to purchase the Mponeng operations and related assets. Harmony's primary goal with the acquisition was to improve the group's overall recovered grade and increase cash flow margins. The transaction included the following assets and liabilities: • The Mponeng, Tau Tona and Savuka mines and associated rock-dump and tailings storage facility reclamation sites, mine rehabilitation and closure activities located in the West Wits region and their associated assets and liabilities • Certain rock-dump reclamation, mine rehabilitation and closure activities located in the Vaal River region and their associated assets and liabilities (the VR Remaining assets) • 100% of the share capital of First Uranium (Proprietary) Limited which owns Mine Waste Solutions (Proprietary) Limited and Chemwes (Proprietary) Limited as well as associated tailings assets and liabilities (the FUSA Group) • 100% of the share capital of Covalent Water Company (Proprietary) Limited (CWC), AGA Security Services (Proprietary) Limited and Masakhisane Investments (Proprietary) Limited. The last condition precedent for the acquisition was fulfilled during September 2020, resulting in an acquisition date of 1 October 2020. Cash generating units identified Based on management's assessment, the transaction met the definition of a business combination as defined by IFRS 3. The following cash generating units (CGUs) were identified in the acquisition: • The Mponeng business, consisting of the Mponeng, Tau Tona and Savuka mines, forming a single complex, and their associated assets and liabilities, including CWC • The West Wits closure business, consisting of the Savuka plant and associated rock-dump and tailings storage facility reclamation sites, mine rehabilitation and closure activities located in the West Wits region and the associated assets and liabilities • Mine Waste Solutions • The Vaal River closure business, consisting of certain rock-dump reclamation, mine rehabilitation and closure activities located in the Vaal River region and their associated assets and liabilities. Consideration transferred Consideration for the transaction amounted to a cash payment of R3.4 billion (US$200 million), paid on 30 September 2020, and contingent consideration subject to the following criteria: • US$260 per ounce payable on all underground production from the Mponeng, Savuka and Tau Tona mines in excess of 250 000 ounces per year for six years commencing 1 January 2021 • US$20 per ounce payable on underground production from the Mponeng, Savuka and Tau Tona mines sourced from levels developed in the future below the current infrastructure. As at 1 October 2020, the contingent consideration was valued at R544 million by using the discounted cash flows valuation method, discounted at a post-tax real rate of 10.6%. The fair value calculated for the contingent consideration is level 3 in the fair value hierarchy due to the use of unobservable inputs. The contingent consideration attributable to the below infrastructure ounces of gold was valued at Rnil at 1 October 2020. Refer to note 29 for subsequent measurement disclosure. Acquisition and integration costs The total of R124 million (2020: R45 million) for acquisition costs for the year ended 30 June 2021 relates to various costs directly attributable to the acquisition process. These costs include attorney and advisory fees. There were also costs incurred for the integration of the acquired assets into Harmony's existing structures and systems. These costs include project management and consultancy fees and software licensing costs required to interface with the Harmony systems. These costs amounted to R205 million (2020: R4 million) for the 2021 year and were included in Corporate, administration and other expenditure. 14 Acquisitions and business combinations continued Acquisition of AngloGold Ashanti's remaining South African operations continued Identifiable assets acquired and liabilities assumed Critical accounting estimates and judgements Key assumptions for the valuation of the respective CGUs are the gold prices, market discount rates, exchange rates and life-of-mine plans. Due to the volatility associated with the potential upside driven by the higher gold prices in the short to medium term, management opted to adopt conservative gold price assumptions in order to accommodate for this, which is still in line with a market participant's view. Management has considered the impact of the Covid-19 pandemic on the valuations performed and made adjustments to the production and cost estimates for the respective CGUs. The fair value of the identifiable net assets acquired was determined on the expected discounted cash flows based on the life-of-mine plans of the Mponeng business (Mponeng), West Wits closure business (WW), Mine Waste Solutions (MWS) and the Vaal River closure business (VR). The post-tax real discount rates used ranged from 8.5% to 11.6% , real exchange rates ranged between R14.41/ US$1 and R16.75 / US$1, while real gold prices ranged between US$1 308/oz and US$1 784/oz over the valuation period. The valuation was performed as at 1 October 2020. As part of determining the fair value of the provision for environmental rehabilitation the pre-tax risk-free rates used for discounting ranged between 5.1% and 11.5%, while inflation of 5.0% was used for cost escalation. The fair value of the unfavourable contract liability, which forms part of the streaming arrangement with Franco-Nevada, was measured at the difference between a market analyst consensus of gold prices and the fixed cash consideration to be received for gold delivered. A post-tax real rate of 11.6% was used to discount the liability over the expected period of delivery to settle the contract. The deferred tax rates used to calculate deferred tax is based on the current estimate of future profitability when temporary differences will reverse based on tax rates and tax laws that have been enacted at acquisition date. The calculated deferred tax rates as at 1 October 2020 were 15.0% for Mponeng and WW, 20.8% for VR and 18.4% for MWS. Fair value determination of acquired operations Management considers the purchase price allocation to be final and the accounting for the acquisition to be concluded as at 30 June 2021. The final amounts for the identifiable assets acquired and liabilities assumed have been included below. The fair values as at the acquisition date are as follows: SA Rand Figures in million 2021 Non-current assets Property, plant and equipment 6 024 Restricted cash and investments 1 268 Deferred tax assets 222 Current assets Inventories 454 Trade and other receivables 1 47 Cash and cash equivalents 3 Non-current liabilities Deferred tax liabilities (167) Provision for environmental rehabilitation (1 856) Other non-current liabilities (41) Streaming contract liability (938) Current liabilities Trade and other payables (324) Streaming contract liability (479) Fair value of net identifiable assets acquired at 1 October 2020 4 213 1 The gross contractual amounts receivable is equal to the fair value of the receivables at acquisition date 14 Acquisitions and business combinations continued Acquisition of AngloGold Ashanti's remaining South African operations continued Fair value determination of acquired operations continued Groundwater pollution liability During an assessment of the environmental liabilities associated with the acquisition, a risk related to the potential decant and pollution of groundwater from the tailings storage facilities was identified. Harmony performed an initial assessment and plans on using physo-remediation to assist in mitigating the risk. A contingent liability acquired in a business combination is recognised in the acquisition accounting if it is a present obligation and its fair value can be measured reliably. Based on Harmony's assessment, a liability of R230 million was raised as part of the provision for environmental rehabilitation assumed in the business combination. Gain on bargain purchase The gain on bargain purchase was calculated as follows: SA Rand Figures in million 2021 Consideration paid – Cash consideration 3 366 – Contingent consideration 544 Fair value of net identifiable assets acquired (4 213) Gain on bargain purchase (303) The gain on bargain purchase realised can be attributed to the higher gold prices and R/US$ exchange rate assumptions that were used in the business valuations performed as at 1 October 2020 when compared to the assumptions used when the transaction was negotiated. The gold price and exchange rate assumptions were impacted by the market uncertainty surrounding the Covid-19 pandemic, which has had a significant impact on the short- and medium-term assumptions that were included in the valuations. Gain on bargain purchase has been included as a separate line item in the income statement.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Jun. 30, 2022
Property, plant and equipment [abstract]
Property, Plant and Equipment	Property, plant and equipment SA Rand Figures in million 2022 2021 Mining assets 25 320 26 487 Mining assets under construction 3 132 2 732 Undeveloped properties 4 004 3 988 Other non-mining assets 416 390 Total property, plant and equipment 32 872 33 597 Mining assets Accounting policy Mining assets, including mine development costs and mine plant facilities, are initially recorded at cost, whereafter they are measured at cost less accumulated depreciation and impairment. Costs include expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the group and the cost of the item can be measured reliably. The net assets of operations placed on care and maintenance are impaired to their recoverable amount. Expenditure on the care and maintenance of these operations is charged against income, as incurred. Mineral and surface use rights represent mineral and surface use rights for parcels of land, both owned and not owned by the group. Mineral and surface rights include acquired mineral use rights in production, development and exploration phase properties. The amount capitalised related to a mineral and surface right, either as an individual asset purchase or as part of a business combination, is the fair value at acquisition. The group’s mineral use rights are enforceable regardless of whether proved or probable reserves have been established. In certain limited situations, the nature of use changes from an exploration right to a mining right upon the establishment of proved and probable reserves. The group has the ability and intent to renew mineral use rights where the existing term is not sufficient to recover all identified and valued proved and probable reserves and/or undeveloped mineral interests. Depreciation Depreciation of mining assets is computed principally by the units-of-production method over life-of-mine based on estimated quantities of economically recoverable proved and probable reserves, which can be recovered in future from known mineral deposits. In most instances, proved and probable reserves provide the best indication of the useful life of the group’s mines (and related assets). However, in some instances, proved and probable reserves may not provide a realistic indication of the useful life of the mine (and related assets). This may be the case, for example, where management is confident that further inferred resources will be converted into measured and indicated resources and if they are economically recoverable, they can also be classified as proved and probable reserves. Management is approaching economic decisions affecting the mine on this basis, but has chosen to delay the work required to designate them formally as reserves. In assessing which resources to include so as to best reflect the useful life of the mine, management considers resources that have been included in the life-of-mine plan. To be included in the life-of-mine plan, resources need to be above the cut-off grade set by management, which means that the resource can be economically mined and is therefore commercially viable. This consistent systematic method for inclusion in the life-of-mine plan takes management’s view of the gold price, exchange rates as well as cost inflation into account. In declaring the resource, management would have had to obtain a specified level of confidence of the existence of the resource through drilling as required by the South African Code for Reporting Exploration Results, Mineral Resources and Mineral Reserves (SAMREC). Additional confidence in the existence, commercial viability and economical recovery of such resources may be based on historical experience and available geological information, such as geological information obtained from other operations that are contiguous to the group’s operations, as well as where the group mines continuations of these other operations’ orebodies and reefs. This is in addition to the drilling results obtained by the group and management’s knowledge of the geological setting of the surrounding areas, which would enable simulations and extrapolations to be done with a reasonable degree of accuracy. 15 Property, plant and equipment continued Mining assets continued Accounting policy continued In instances where management is able to demonstrate the economic recovery of such resources with a high level of confidence, such additional resources, which may also include certain, but not all, of the inferred resources, as well as the associated future development costs of accessing those resources, are included in the calculation of depreciation. The future development costs are those costs that need to be incurred to access these inferred resources, for example the costs to complete a decline or level, which may include infrastructure and equipping costs. These amounts have been extracted from the cash flow projections for the life-of-mine plans. Mineral rights associated with production phase mineral interests are amortised over the life-of-mine using the units-of-production method in order to match the amortisation with the expected underlying future cash flows. Impairment Testing for impairment is done in terms of the group policy as discussed in note 2.5. Scrapping of assets Where significant adverse changes have taken place relating to the useful life of an asset, that asset is tested for impairment in terms of the group policy as discussed in note 2.5. Whether or not an impairment is recognised, it is then necessary to review the useful lives and residual values of the assets within the CGU – this is reviewed at least annually. Where necessary, the useful lives and residual values of the individual assets are revised. Where the useful life of an asset is nil as a result of no future economic benefit expected from the use or disposal of that asset, it is necessary to derecognise the asset. The loss arising from the derecognition is included in profit or loss in the period in which the asset was derecognised. Stripping activities The removal of overburden and other mine waste materials is often necessary during the initial development of an opencast mine site, in order to access the mineral ore deposit. The directly attributable cost of this activity is capitalised in full within mining assets under construction, until the point at which the mine is considered to be capable of commercial production. The removal of waste material after the point at which a mine is capable of commercial production is referred to as production stripping. When the waste removal activity improves access to ore extracted in the current period, the costs of production stripping are charged to the income statement as operating costs in accordance with the principles of IAS 2 Inventories . Where production stripping activity both produces inventory and improves access to ore in future periods the associated costs of waste removal are allocated between the two elements. The portion which benefits future ore extraction is capitalised within stripping and development capital expenditure. If the amount to be capitalised cannot be specifically identified, it is determined based on the volume of waste extracted compared to expected volume for the identified component of the orebody. Components are specific volumes of a mine’s orebody that are determined by reference to the life-of-mine plan. In certain instances significant levels of waste removal may occur during the production phase with little or no associated production. The cost of this waste removal is capitalised in full. All amounts capitalised in respect of waste removal are depreciated using the units-of-production method based on proved and probable ore reserves of the component of the orebody to which they relate. The effects of changes to the life-of-mine plan on the expected cost of waste removal or remaining reserves for a component are accounted for prospectively as a change in estimate. 15 Property, plant and equipment continued Mining assets continued Critical accounting estimates and judgements – Gold Mineral Reserves and Resources Gold mineral reserves and resources are estimates of the amount of ounces that can be economically and legally extracted from the group’s properties. In order to calculate the gold mineral reserves and resources, estimates and assumptions are required about a range of geological, technical and economic factors, including quantities, grades, production techniques, recovery rates, production costs, commodity prices and exchange rates. Estimating the quantities and/or grade of the reserves and resources requires the size, shape and depth of the orebodies to be determined by analysing geological data such as the logging and assaying of drill samples. This process may require complex and difficult geological judgements and calculations to interpret the data. Because the economic assumptions used to estimate the gold mineral reserves and resources change from year to year, and because additional geological data is generated during the course of operations, estimates of the mineral reserves and resources may change from year to year. Changes in the reserves and resources may affect the group’s financial results and financial position in a number of ways, including: • Asset carrying values may be affected due to changes in estimated cash flows • Scrapping of assets to be recorded in the income statement following the derecognition of assets as no future economic benefit expected • Depreciation and amortisation charged in the income statement may change as they are calculated on the units-of-production method • Environmental provisions may change as the timing and/or cost of these activities may be affected by the change in mineral reserves • Useful life and residual values may be affected by the change in mineral reserves. At the end of each financial year, the estimate of proved and probable gold mineral reserves and resources is updated. Depreciation of mining assets is prospectively adjusted, based on these changes. Critical accounting estimates and judgements – production start date Various relevant criteria are considered in order to assess when the mine is substantially complete and ready for its intended use and moves into the production phase. Some of the criteria would include but are not limited to the following: • The level of capital expenditure compared to the total project cost estimates • The ability to produce gold in a saleable form (where more than an insignificant amount of gold has been produced) • The ability to sustain the ongoing production of gold. Critical accounting estimates and judgements – stripping activities The determination of the volume of waste extracted and the expected volume for the identified component of the orebody is dependent on an individual mine’s design and life-of-mine plan and therefore changes to the design or life-of-mine plan will result in changes to these estimates. Identification of the components of a mine’s orebody is made by reference to the life-of-mine plan. The assessment depends on a range of factors including each mine’s specific operational features and materiality. Critical accounting estimates and judgements – impairment of assets The recoverable amount of mining assets is generally determined utilising real discounted future cash flows (post tax). Management also considers such factors as the quality of the individual orebody, market risk, asset-specific risks and country risk in determining the fair value. Key assumptions for the calculations of the mining assets’ recoverable amounts are the commodity prices, resource values, market discount rates, costs to sell, exchange rates and the annual life-of-mine plans. In determining the commodity prices and resource values to be used, management assesses the long-term views of several reputable institutions on commodity prices and based on this, derives the commodity prices and resource values. The life-of-mine plans are based on the proved and probable reserves as included in the Reserve Declaration, which are determined in terms of SAMREC, as well as resources where management has high confidence in the orebody and economical recovery of gold, based on historic and similar geological experience. 15 Property, plant and equipment continued Mining assets continued Critical accounting estimates and judgements – impairment of assets continued During the year under review, the group calculated the recoverable amounts (generally fair value less costs to sell) based on updated life-of-mine plans and the following gold price, silver price, copper price and exchange rates assumptions: 2022 2021 2020 US$ gold price per ounce – Year 1 1 861 1 805 1 610 – Year 2 1 744 1 673 1 558 – Year 3 1 664 1 582 1 469 – Long term (Year 4 onwards) 1 546 1 500 1 350 US$ silver price per ounce – Year 1 23.85 25.72 17.00 – Year 2 22.42 23.22 17.00 – Year 3 21.46 21.70 17.00 – Long term (Year 4 onwards) 19.38 20.70 17.00 US$ copper price per pound 3.30 3.00 3.00 Exchange rate (R/US$) – Year 1 15.55 14.54 16.72 – Year 2 15.34 14.36 15.47 – Year 3 15.26 14.44 15.29 – Long term (Year 4 onwards) 15.35 14.51 14.51 Exchange rate (PGK/US$) 3.50 3.50 3.45 Rand gold price (R/kg) – Year 1 931 000 843 000 865 000 – Year 2 860 000 772 000 775 000 – Year 3 816 000 735 000 722 000 – Long term (Year 4 onwards) 763 000 700 000 630 000 The following are the attributable gold resource value assumptions: South Africa Hidden Valley US dollar per ounce 2022 2021 2020 2022 2021 2020 Underground resources Measured 16.50 16.50 25.00 n/a n/a n/a Indicated 9.00 9.00 8.00 n/a n/a n/a Inferred 3.60 3.60 2.80 n/a n/a n/a Surface resources Measured 30.00 30.00 n/a n/a n/a n/a Indicated 17.50 17.50 n/a 9.00 9.00 8.00 Inferred 8.00 8.00 n/a n/a n/a n/a The recoverable amount of mining assets is determined utilising real discounted future cash flows or resource multiples in the case of undeveloped properties and certain resource bases. The underground resource value has been applied to Target North, Doornkop's Kimberly Reef and the Wafi-Golpu Project (refer to note 22). The surface resource values have been applied to the Mispah Tailings resource, Vaal River and West Wits surface sources. One of the most significant assumptions that influence the group's operations' life-of-mine plans, and therefore the impairment assessment, is the expected commodity prices. Management continues to differentiate between short-, medium- and long-term assumptions used in the models. The long-term price was determined as part of the annual budgeting process and is used in the life-of-mine plans and is also the cut-off price for calculating reserves included in the declaration of reserves and resources in terms of SAMREC. 15 Property, plant and equipment continued Mining assets continued Critical accounting estimates and judgements – impairment of assets continued The resource multiple values have remained consistent with the prior year, as no new market transactions have taken place in the South African gold mining industry that would provide more recent information compared with prior-year information. In 2021, the resource multiple values were updated based on the recent transaction between AGA and Harmony for the purchase of the Mponeng operations and related assets. The resource multiple was further updated to differentiate between underground operations and surface source operations due to the new information and applied to the relevant resource bases. Please refer to note 14 for further information on the acquisition. Due to the volatilities experienced in the markets and the uncertainty in forecasting future cash flows as a result of the impact of the Covid-19 pandemic, management has used various probability scenarios in determining the recoverable amounts for the CGUs at 30 June 2021 and 2020. As discussed in note 4, the uncertainty that existed in prior years surrounding the potential impact of Covid-19 has dissipated and therefore management believes that it is no longer appropriate to apply Covid-adjusted probability scenarios in determining recoverable amounts for the CGUs at 30 June 2022. The factors considered in the scenarios for 2020 and 2021 were: • Infection rates and the timing of the expected peaks in the areas that Harmony's operations are situated in • Expected disruptions to production together with the mitigation strategies management had in place • Expectation of the completion date of the vaccination programme at Harmony and a governmental level • Potential duration of the impact of the virus (prior and post vaccination) and the related restrictions in operations. Estimates of the staffing costs for screening and monitoring employees at work and in quarantine, together with the cost of the vaccination programme, were included, while the scenarios used by management included further potential costs if vaccinations were required in the future at various intervals. In preparing the various scenarios, management considered and varied: • The potential impact on production and therefore on the revenue cash flows, based on historical trends that have been extrapolated to account for varying disruption levels • The duration of potential disruptions to production, ranging from 12 months to 24 months • The infection rates and associated costs as well as vaccination costs. This included impacts on production as well as considerations of the potential requirement to re-vaccinate in coming years. The calculated cash flows were then weighted based on management's expectation of each of the scenarios occurring. The resulting amounts were discounted using the specific discount rate for each operation in order to determine the recoverable amount. The post-tax real discount rate for Hidden Valley was 11.42% (2021: 10.30%) (2020: 9.02%) and the post-tax real discount rates for the South African operations ranged between 10.20% and 13.10% (2021: 9.40% and 12.00%) (2020: 9.62% and 11.53%), depending on the asset, were used to determine the recoverable amounts. Cash flows used in the impairment calculations are based on life-of-mine plans which exceed five years for the majority of the mines. Cash flows from potential projects, life-of-mine extensions and residual ounces can also be included in the impairment assessment where deemed appropriate. An additional risk premium is added to the post-tax real discount rates in these instances. Refer to note 6 for details of impairment testing performed and impairments recorded. Should management’s estimate of the future not reflect actual events, further impairments may be identified. Factors affecting the estimates include: • Changes to proved and probable ore reserves • Economical recovery of resources • The grade of the ore reserves may vary significantly from time to time • Review of strategy • Unforeseen operational issues at the mines • Differences between actual commodity prices and commodity price assumptions • Changes in the discount rate and foreign exchange rates • Changes in capital, operating mining, processing and reclamation costs • Mines' ability to convert resources into reserves • Potential production stoppages for indefinite periods • The impact of the Covid-19 pandemic • Carbon tax. 15 Property, plant and equipment continued Mining assets continued Sensitivity analysis – impairment of assets One of the most significant assumptions that influence the life-of-mine plans and therefore impairment assessments is the expected commodity prices. Management determined a reasonably possible long-term change of 10% in gold prices based on the standard deviation of both Harmony's long-term gold price assumption over the past five financial years and market analysts' forecasted long-term gold price assumptions. A 10% increase/decrease (pre-impairment and -scrapping recognition) in the gold price and resource values used, with the resultant adjustment to mining royalties (with all other variables held constant and not taking any actions, such as stopping capital projects, into account) would have resulted in the following post-tax impairment being recorded (including the impairments recorded in the current period) as at 30 June 2022: SA Rand Figures in million 2022 2021 -10% decrease Tshepong North 1 4 074 n/a Moab Khotsong 2 3 869 1 916 Tshepong South 1 2 339 n/a Doornkop 1 690 1 914 Mponeng 1 443 2 249 Target 1 1 121 1 267 Joel 762 359 Kusasalethu 689 821 Mine Waste Solutions 493 96 Kalgold 304 390 Other assets 208 101 Hidden Valley 96 — Central Plant Reclamation 32 — West Wits — 35 Tshepong Operations 1 n/a 5 325 Bambanani 2 n/a 413 Target 3 n/a 178 +10% increase Tshepong South 1 224 n/a Target 3 n/a 178 1 The Tshepong Operations have been tested separately for impairment at 30 June 2022. Refer to note 6 for details. 2 The carrying amounts of these CGUs include goodwill and any impairment losses are allocated first to goodwill and then to the identifiable assets. At all other operations, a 10% increase in the gold price would have resulted in no impairments being recorded. As a result of the significant increase in discount rates experienced during the current financial year, management opted to assess the sensitivity of a reasonably possible change in discount rates on impairments of assets for all CGUs. Management assessed an increase/decrease of 50 basis points to be a reasonably possible change, based on the standard deviation of the group's base weighted average cost of capital rate over the past five financial years. This change was factored into the individual CGUs' discount rates and did not result in a material impact on the impairment that would have been recognised for any CGUs. 15 Property, plant and equipment continued Mining assets continued The movement in the mining assets is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 64 980 59 736 Fully depreciated assets no longer in use derecognised (110) (989) Additions (a) 5 307 4 518 Acquisitions (b) — 5 887 Scrapping of assets (c) (1 752) (1 221) Adjustment to rehabilitation asset (d) (248) (774) Transfers and other movements (e) 511 545 Translation 1 900 (2 722) Balance at end of year 70 588 64 980 Accumulated depreciation and impairments Balance at beginning of year 38 493 37 562 Fully depreciated assets no longer in use derecognised (110) (989) Impairment of assets (f) 3 429 937 Scrapping of assets (c) (1 745) (1 060) Depreciation 3 627 3 936 Translation 1 574 (1 893) Balance at end of year 45 268 38 493 Net carrying value 25 320 26 487 (a) Included in additions for 2022 is an amount of R137 million (2021: R159 million) for capitalised depreciation associated with stripping activities at the Hidden Valley operations. (b) Refer to note 14 for details on the fair value of assets acquired. (c) Refer to note 9 for the total loss on scrapping recognised. (d) Refer to note 26 for details on the adjustment to the rehabilitation asset. (e) Transfer of assets mainly relates to assets under construction transferred to mining assets. During the 2022 year an amount of R513 million (2021: R541 million) was transferred to mining assets at Hidden Valley. This related to ongoing mining development costs. (f) Refer to note 6 for details on the impairments recognised. Stripping activities Included in the balance for mining assets is an amount of R174 million (2021: R176 million) relating to Kalgold and R922 million (2021: R871 million) relating to Hidden Valley. Depreciation of R26 million (2021: R16 million) and R482 million (2021: R934 million) was recorded for Kalgold and Hidden Valley respectively. Mining assets under construction Accounting policy At the group’s surface mines, when it has been determined that a mineral property can be economically developed as a result of establishing proved and probable reserves, costs incurred to develop the property are capitalised as incurred until the mine is considered to have moved into the production phase. These costs include costs to further delineate the orebody and remove overburden to initially expose the orebody. At the group’s underground mines, all costs incurred to develop the property, including costs to access specific ore blocks or other areas of the underground mine, are capitalised to the extent that such costs will provide future economic benefits. These costs include the cost of shaft sinking and access, the costs of building access ways, lateral development, drift development, ramps, box cuts and other infrastructure development. Where a depreciable asset is used in the construction or extension of a mine, the depreciation is capitalised against the mine’s cost. Exploration properties acquired are recognised in the balance sheet within development cost and are shown at cost less provisions for impairment determined in accordance with the group’s accounting policy on impairment of non-financial assets. Mineral interests associated with development and exploration phase mineral interests are not amortised until such time as the underlying property is converted to the production stage. Capitalisation of pre-production costs ceases when commercial levels of production are reached. Commercial levels of production are discussed under “production start date” above. Critical accounting estimates and judgements – exploration and evaluation assets The recoverability of exploration and evaluation expenditure is assessed at the end of each reporting period. Significant judgement is required as to whether an area of activity is to be carried forward on the balance sheet, or written off through the identification of areas of activity which have not yet reached a stage that permits a reasonable assessment of the existence of economically recoverable reserves, where there is no continuing significant activity plan in relation to the area. The movement in the mining assets under construction is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 2 732 2 714 Additions 1 1 278 924 Depreciation capitalised 2 4 4 Finance costs capitalised 3 65 22 Transfers and other movements (513) (541) Translation 236 (391) Balance at end of year 3 802 2 732 Accumulated impairments Balance at beginning of year — — Impairment 2 670 — Balance at end of year 670 — Net carrying value 3 132 2 732 1 Mainly relates to Great Noligwa Shaft Pillar project of R192 million (2021: R159 million), Zaaiplaats project of R184 million (2021: R27 million) and Tshepong Operations’ Sub 75 Decline project of R170 million (2021: R91 million). 2 Relates to Tshepong Operations. 3 Refer to note 11 for further detail on the capitalisation rate applied. Wafi-Golpu development Capitalisation of certain project expenses on Wafi-Golpu was halted from 1 July 2019 following delays in the permitting of the project (refer to note 22). All ongoing expenses since were for holding purposes and did not result in future economic benefit. These have been included in exploration expenditure in the income statement and amounted to R58 million (2021: R51 million) for the year. Undeveloped properties Accounting policy Undeveloped properties are initially recognised at cost, which is generally based on the fair value of resources obtained through acquisitions. The carrying values of these properties are tested annually for impairment. Once development commences, these properties are transferred to mining assets and accounted for in accordance with the related accounting policy. The movement in the undeveloped properties is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 5 461 5 499 Translation 17 (38) Balance at end of year 5 478 5 461 Accumulated depreciation and impairments Balance at beginning of year 1 473 1 475 Translation 1 (2) Balance at end of year 1 474 1 473 Net carrying value 4 004 3 988 Other non-mining assets Accounting policy Land is shown at cost and not depreciated. Other non-mining fixed assets are shown at cost less accumulated depreciation and accumulated impairment losses. Other non-mining fixed assets are depreciated on a straight-line basis over their estimated useful lives as follows: • Vehicles at 20% per year • Computer equipment at 33.3% per year • Furniture and equipment at 16.67% per year. The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date. The movement in the non-mining assets is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 821 703 Fully depreciated assets no longer in use derecognised — (49) Acquisitions — 135 Additions 74 34 Translation — (2) Balance at end of year 895 821 SA Rand Figures in million 2022 2021 Accumulated depreciation and impairments Balance at beginning of year 431 429 Fully depreciated assets no longer in use derecognised — (49) Depreciation 47 52 Impairment 1 — Translation — (1) Balance at end of year 479 431 Net carrying value 416 390

Intangible Assets

Intangible Assets	12 Months Ended
	Jun. 30, 2022
Disclosure of detailed information about intangible assets [abstract]
Intangible Assets	Intangible assets Accounting policy Intangible assets consist of all identifiable non-monetary assets without physical substance. They are stated at cost less accumulated amortisation and accumulated impairment losses, if any. The following are the main categories of intangible assets: Goodwill Goodwill is an intangible asset with an indefinite useful life which is not amortised but tested for impairment on an annual basis, or when there is an indication of impairment. The excess of consideration transferred over the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previously held equity interest in the acquiree over the fair value of the group’s share of the identifiable net assets acquired is recorded as goodwill. Goodwill on acquisition of subsidiaries, joint operations and businesses is included in intangible assets. Goodwill on acquisition of associates is included in investments in associates and tested for impairment as part of the overall balance. Goodwill is tested annually for impairment and carried at cost less accumulated impairment losses. Goodwill is allocated to cash generating units for the purpose of impairment testing. The allocation is made to those cash generating units or groups of cash generating units that are expected to benefit from the business combination in which the goodwill arose. If the composition of one or more cash generating units to which goodwill has been allocated changes due to a re-organisation, the goodwill is re-allocated to the units affected. The gain or loss on disposal of an entity includes the carrying amount of goodwill relating to the entity sold. Technology-based assets Acquired computer software licences that require further internal development are capitalised on the basis of costs incurred to acquire and bring to use the specific software. These technology-based assets are classified as intangible assets with a finite useful life. These assets are amortised on a straight-line basis over their estimated useful lives, which are reviewed annually, as follows: • Computer software at 20% per year. Critical accounting estimates and judgements – impairment of goodwill Due to the wasting nature of mining assets and the finite life of a mine's reserves, the allocation of goodwill to a mine or cash generating unit will eventually result in an impairment charge for the goodwill. The group tests annually whether separately identifiable goodwill has suffered any impairment in accordance with the accounting policy stated in note 2.5. These calculations use estimates as per note 15. SA Rand Figures in million 2022 2021 Goodwill — 333 Technology-based assets 48 32 Total intangible assets 48 365 Goodwill The movement in goodwill is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning and end of year 2 675 2 675 Accumulated amortisation and impairments Balance at beginning of year 2 342 2 155 Impairment 1 333 187 Balance at end of year 2 675 2 342 Net carrying value — 333 The net carrying value of goodwill has been allocated to the following cash generating units: Bambanani — 31 Moab Khotsong — 302 Net carrying value — 333 1 In 2022 the goodwill for the Bambanani and Moab Khotsong operations was impaired in full as the carrying value exceeded the recoverable amount of the related cash generating units. In 2021 the impairment related to Bambanani. Refer to note 6 for further details on the impairment assessment.

Restricted Cash and Investments

Restricted Cash and Investments	12 Months Ended
	Jun. 30, 2022
Restricted Cash and Investments [Abstract]
Restricted Cash And Investments	Restricted cash and investments SA Rand Figures in million 2022 2021 Restricted cash 319 216 Restricted investments 5 263 5 083 Total restricted cash and investments 5 582 5 299 Current portion of restricted cash and investments 27 67 Non-current portion of restricted cash and investments 5 555 5 232 Restricted cash SA Rand Figures in million 2022 2021 Non-current 292 149 Current 27 67 Total restricted cash 319 216 The restricted cash consist of funds set aside for: SA Rand Figures in million 2022 2021 Environmental guarantees and rehabilitation (a) 152 161 Guarantee - Tshiamiso Trust (b) 116 — PNG operations (c) 29 33 Other 22 22 Total restricted cash 319 216 Restricted investments SA Rand Figures in million 2022 2021 Investments held by environmental trust funds 5 244 5 064 Investments held by the Social Trust Fund 19 19 Total restricted investments (non-current) 5 263 5 083 Environmental trust funds Accounting policy Contributions are made to the group's environmental trust funds, created in accordance with statutory requirements, to fund the estimated cost of pollution control, rehabilitation and mine closure at the end of the life of the group's mines. The trusts are consolidated into the group as the group exercises control of the trusts. The measurement of the investments held by the trust funds is dependent on their classification under financial assets. Income received and gains are treated in accordance with these classifications. The equity-linked notes and investment in unit trusts are classified and measured at fair value through profit or loss, while the equity investments are classified and measured at fair value through other comprehensive income. Interest-bearing short-term investments as well as investment in government bonds are classified and measured as debt instruments at amortised cost. 17 Restricted cash and investments continued Restricted investments continued Environmental trust funds continued The environmental trust funds are irrevocable trusts under the group's control. Contributions to the trusts are invested in various instruments which include the following: listed equity securities, unit trusts, government bonds, interest-bearing short-term and medium-term cash investments and medium-term equity-linked notes. The equity-linked notes are issued by commercial banks that provide guaranteed interest and additional interest or growth linked to the growth of the Top 40 index of the JSE. These investments provide for the estimated cost of rehabilitation at the end of the life of the group's mines. Income earned on the investments is retained in the funds and reinvested. The environmental trust funds consist of: SA Rand Figures in million 2022 2021 Fixed deposits 3 056 3 091 Cash and cash equivalents 528 124 Equity-linked deposits 1 094 1 325 Government bonds 225 225 Equity investments 292 252 Collective investment scheme (unit trusts) 49 47 Total environmental trust funds 5 244 5 064 Reconciliation of the movement in the investments held by environmental trust funds: SA Rand Figures in million 2022 2021 Balance at beginning of year 5 064 3 513 Acquisition — 1 268 Interest income 185 174 Fair value gain through profit and loss 18 116 Fair value gain through other comprehensive income 15 22 Dividend received 14 5 Equity-linked deposits acquired/(matured) (260) 400 (Maturity)/acquisition of fixed deposits (21) (428) Net transfer of cash and cash equivalents 281 28 Withdrawal of funds for rehabilitation work performed (52) (34) Balance at end of year 5 244 5 064 The Social Trust Fund The Social Trust Fund is an irrevocable trust under the group's control. The purpose of the trust is to fund the social plan to reduce the negative effects of restructuring on the group's workforce, to put measures in place to ensure that the technical and life skills of the group's workforce are developed and to develop the group's workforce in such a manner as to avoid or minimise the effect of job losses and a decline in employment through turnaround or redeployment strategies. The Social Trust Fund investment comprises a unit trust portfolio that is exposed to the fair value changes in the equity market and is classified as a fair value through profit or loss investment.

Other Non-Current Assets

Other Non-Current Assets	12 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Other Non-Current Assets	Other non-current assets SA Rand Figures in million 2022 2021 Debt instruments 163 193 Loans to associates (a) 116 116 Loan to ARM BBEE Trust (b) 148 177 Other loans 15 16 Loss allowance (a) (116) (116) Equity instruments 75 74 Rand Mutual Assurance (c) 67 65 Other investments 8 9 Inventories 136 65 Non-current portion of gold in lock-up (d) 136 65 Total other non-current assets 374 332 (a) A loan of R116 million (2021: R116 million) owed by Pamodzi Gold Limited (Pamodzi) which was placed into liquidation during 2009, was provided for in full. Harmony is a concurrent creditor in the Pamodzi Orkney liquidation. (b) During 2016, Harmony advanced R200 million to the ARM Broad-Based Economic Empowerment Trust (the ARM BBEE Trust), a shareholder of African Rainbow Minerals Limited (ARM). The trust is controlled and consolidated by ARM, who holds 12.12% of Harmony's shares at 30 June 2022. Harmony is a trustee of the ARM BBEE Trust. The loan was subordinated and unsecured. The interest on the loan was market-related (3 months JIBAR + 4.25%) and was receivable on the maturity of the loan on 31 December 2022. In the 2021 financial year, the loan to the ARM BBEE Trust was refinanced to allow a sufficient and sustainable repayment structure. Following the restructuring, Harmony advanced R264 million to the ARM BBEE Trust, which the Trust used for the repayment of the outstanding balance under the previous loan agreement. The loan under the revised loan agreement is interest-free and is receivable on the maturity of the loan on 30 June 2035. The loan is unsubordinated and unsecured. Neither of the loans meet the requirements for amortised cost measurement as it fails the solely payments of principal and interest test and were therefore classified as fair value through profit and loss (refer to the fair value determination section in note 39 for detail). The group determined that the contractual terms include exposure to risk and volatility that is inconsistent with a basic lending arrangement. In making this assessment the group considered contingent events that would change the amount and timing of cash flows and potential limits on the group's claim to cash flows from specified assets (eg non-recourse asset arrangements). The movement in the ARM BBEE Trust loan is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 177 306 Fair value gain 1 36 10 Repayment of interest — (52) Repayment of loan (65) — Settlement of original loan — (264) Refinanced loan advanced — 264 Day one expense 1, 2 — (87) Balance at end of year 148 177 1 Included in net gain on financial instruments (refer to note 10). 2 Relates to the refinancing of the loan. (c) On 5 August 2020, the group received a dividend of R8 million relating to the second and final tranche of the contingent consideration for the sale of shares in one of Rand Mutual Assurance’s subsidiaries. The dividend was seen as a recovery of capital as it reduced Harmony's effective share in the investment. Refer to note 39 for the fair value valuation technique used to measure the investment. Refer to note 10 for details of additional dividends received. (d) Refer to note 23 for further details on inventories.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Jun. 30, 2022
Financial Instruments [Abstract]
Disclosure of derivative financial instruments [text block]	Derivative financial instruments The group has the following derivative financial instruments: Figures in million (SA Rand) Rand gold hedging contracts US$ gold hedging contracts US$ silver contracts Foreign exchange contracts At 30 June 2022 Derivative financial assets 523 44 77 12 656 Non-current 113 18 6 — 137 Current 410 26 71 12 519 Derivative financial liabilities — (11) — — (11) Non-current — (3) — — (3) Current — (8) — — (8) Net derivative financial instruments 523 33 77 12 645 Unrealised gains included in other reserves, net of tax 441 39 — — 480 Movements for the year ended Realised gains/(losses) included in revenue 602 (105) — — 497 Unrealised gains/(losses) on gold contracts recognised in other comprehensive income (292) 50 — — (242) Gains/(losses) on derivatives — — 114 (16) 98 Day one loss amortisation (39) (6) — — (45) Total gains/(losses) on derivatives (39) (6) 114 (16) 53 Hedge effectiveness Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness (292) 50 — — (242) Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness 292 (50) — — 242 19 Derivative financial instruments continued Figures in million (SA Rand) Rand gold hedging contracts US$ gold hedging contracts US$ silver Foreign exchange contracts Rand gold derivative contracts Total At 30 June 2021 Derivative financial assets 1 358 48 10 383 — 1 799 Non-current 279 40 9 — — 328 Current 1 079 8 1 383 — 1 471 Derivative financial liabilities (41) (73) (98) — — (212) Non-current — — (6) — — (6) Current (41) (73) (92) — — (206) Net derivative financial instruments 1 317 (25) (88) 383 — 1 587 Unrealised gains/(losses) included in other reserves, net of tax 1 069 (18) — — — 1 051 Movements for the year ended Realised losses included in revenue (2 023) (273) — — — (2 296) Unrealised gains/(losses) on gold contracts 2 999 (7) — — — 2 992 Gains/(losses) on derivatives — — (256) 1 217 111 1 072 Day one loss amortisation (42) (8) — — — (50) Total gains/(losses) on derivatives (42) (8) (256) 1 217 111 1 022 Hedge effectiveness Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness 2 999 (7) — — — 2 992 Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness (2 999) 7 — — — (2 992) Figures in million (SA Rand) Rand gold hedging contracts US$ gold hedging contracts US$ silver Foreign exchange contracts Rand gold derivative contracts Total Movements for the year ended Realised losses included in revenue (1 263) (134) — — — (1 397) Unrealised losses on gold contracts recognised in other comprehensive income (4 820) (391) — — — (5 211) Gains/(losses) on derivatives — — 6 (1 235) (174) (1 403) Unrealised losses reclassified to profit or loss as a result of discontinuance of hedge accounting (235) — — — — (235) Day one loss amortisation (34) (6) — — — (40) Total gains/(losses) on derivatives (269) (6) 6 (1 235) (174) (1 678) 19 Derivative financial instruments continued Hedge accounting Harmony has entered into gold forward sale derivative contracts to hedge the risk of lower gold prices. Cash flow hedge accounting is applied to the majority of these contracts, resulting in the effective portion of the unrealised gains and losses being recorded in other comprehensive income (other reserves – refer to note 25). Refer to note 39 for a summary of the risk management strategy applied and the balances relating to designated hedging instruments as at reporting date. Hedge effectiveness is determined at the inception of the hedge relationship and through periodic prospective effectiveness assessments. The group enters into gold forward contracts that have similar terms as the hedged item, such as notional amount, maturity date and reference gold spot price thereby ensuring that an economic relationship exists between the hedging instrument and the hedged item and resulting in a hedge ratio of 1:1. Potential sources of hedge ineffectiveness include counterparty and own credit risk, day one gains and losses, a mismatch in the timing of the derivative and underlying gold sale maturities, location differential and the refining margin. Hedge ineffectiveness is measured by comparing the change in the expected cash flows from a forward sale contract versus the sale of an equivalent quantity of gold in the open market. Ineffectiveness results when the changes in the fair values in the hedging instruments exceed the fair value changes in the hedged item. A negligible amount of hedge ineffectiveness was experienced in the years presented. The gains and losses from derivative contracts to which hedge accounting is not applied is included in gains/(losses) on derivatives in profit or loss. (a) Rand gold contracts All Rand gold forward contracts entered into after 1 October 2020 were apportioned to the South African operations which included Mponeng and Mine Waste Solutions operation. Discontinuance of hedge accounting As a result of the original 21-day lockdown announced in South Africa, effective 27 March 2020, aimed to slow the spread of Covid-19, Harmony placed all deep-level underground mines in South Africa on care and maintenance. As a result, a significant volume of the underlying exposure that was originally intended to be hedged was delayed. A total of 63 400 ounces of gold forwards were originally set to mature in the months of April and May 2020. After assessing forecasts of gold production at 1 April 2020, the hedged items, being the sales of gold, relating to 30 500 ounces of gold forwards were assessed to no longer be probable. The hedged items relating to the remaining balance of gold forwards were still considered to be highly probable. Due to the fact that the occurrence of the forecast transactions/hedged items were no longer considered probable, there was no longer an effective hedging relationship and therefore hedge accounting for these hedges was discontinued. Unrealised losses relating to the hedges amounting to R48 million and R187 million of restructured contracts discussed below, previously recognised in other comprehensive income, were immediately reclassified to profit or loss as gains/losses on derivatives. Restructuring of contracts In response to the gold forwards’ hedged items no longer being probable and in order to better match the cash flows relating to the underlying exposure, certain of the Rand gold forwards with maturities between 15 April 2020 and 31 May 2020 were effectively extended to mature between the periods July 2020 and March 2021. The restructured gold forwards retained the pricing of the original forwards. They were not designated as hedging instruments as the difference in the costing structure would have required a different effectiveness assessment than currently used by management. Unrealised losses relating to the hedges amounting to R187 million , previously recognised in other comprehensive income, were immediately reclassified to profit or loss as gains/losses on derivatives. All subsequent gains and losses on the restructured hedges were recognised in profit or loss. As at 30 June 2021, all the restructured gold forwards had matured. (b) US$ commodity contracts Harmony maintains a derivative programme for Hidden Valley by entering into commodity derivative contracts. The contracts comprise US$ gold forward sale contracts as well as silver zero cost collars which establish a minimum (floor) and maximum (cap) silver sales price. Hedge accounting is applied to all US$ gold forward sale contracts and these are shown separately from the silver zero cost collars that are not hedge accounted. (c) Foreign exchange contracts Harmony maintains a foreign exchange derivative programme in the form of zero cost collars, which sets a floor and cap Rand/US$ exchange rate at which to convert US dollars to Rands, and foreign exchange forward contracts. Hedge accounting is not applied to these contracts. 19 Derivative financial instruments continued The following table shows the open position at the reporting date: 2023 2024 TOTAL Q1 Q2 Q3 Q4 Q1 Q2 Q3 Foreign exchange contracts Zero cost collars US$m 42 18 — — — — — 60 Average floor – R/US$ 15.90 16.18 — — — — — 15.98 Average cap – R/US$ 17.90 18.18 — — — — — 17.98 Forward contracts US$m 6 — — — — — — 6 Average forward rate – R/US$ 16.84 — — — — — — 16.84 R/gold '000 oz – cash flow hedge 72 72 72 70 44 32 16 378 Average R000/kg 1033 999 1 019 1 039 1 061 1 082 1107 1035 US$/gold '000 oz – cash flow hedge 9 9 9 9 9 8 4 57 Average US$/oz 1 911 1 867 1 826 1 836 1 860 1 926 2 009 1 880 Total gold '000 oz 81 81 81 79 53 40 20 435 US$/silver '000 oz 285 270 210 105 30 30 20 950 Average floor - US$/oz 24.39 25.97 25.62 25.49 25.14 25.41 25.68 25.31 Average cap - US$/oz 27.02 29.00 28.81 28.58 28.14 28.41 28.68 28.27 Refer to note 39 for the details on the fair value measurements.

Trade and Other Receivables

Trade and Other Receivables	12 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Trade and Other Receivables	Trade and other receivables SA Rand Figures in million 2022 2021 Financial assets Trade receivables (metals) 571 738 Other trade receivables 343 292 Loss allowance (204) (179) Trade receivables - net 710 851 Interest and other receivables 213 111 Employee receivables 15 17 Non-financial assets Prepayments 160 131 Value added tax and general sales tax 545 505 Income and mining taxes 39 37 Total trade and other receivables 1 682 1 652 The movement in the loss allowance for trade and other receivables during the year was as follows (refer to note 39 for details): SA Rand Figures in million 2022 2021 Balance at beginning of year 179 135 Increase in loss allowance recognised during the year 80 64 Reversal of loss allowance during the year (55) (20) Balance at end of year 204 179 The loss allowance for 2022 includes R67 million (2021: R80 million) relating to a mining company who is in financial difficulties. The remaining movement relates to various other individually immaterial debtors. 20 Trade and other receivables continued The loss allowance for trade and other receivables stratified according to the ageing profile at the reporting date is as follows: SA Rand Figures in million Gross Loss 30 June 2022 Not past due 1 689 20 Past due by 1 to 30 days 26 11 Past due by 31 to 60 days 26 9 Past due by 61 to 90 days 8 5 Past due by more than 90 days 72 66 Past due by more than 361 days 93 93 Total 914 204 30 June 2021 Not past due 1 828 26 Past due by 1 to 30 days 26 9 Past due by 31 to 60 days 13 5 Past due by 61 to 90 days 14 6 Past due by more than 90 days 68 62 Past due by more than 361 days 81 71 Total 1 030 179 1 The gross amount includes the full trade receivables (metals) balance, which has no attributable loss allowance. During 2021 and 2022 there was no renegotiation of the terms of any of the receivables. As at 30 June 2022 and 30 June 2021, there was no collateral pledged or held for any of the receivables.

Investments in Associates

Investments in Associates	12 Months Ended
	Jun. 30, 2022
Interest in Other Entities [Abstract]
Investments in Associates	Investments in associates Critical accounting estimates and judgements The investments in associates are evaluated for impairment by comparing the entire carrying value of the investment (including loans to associates and preference shares) to the recoverable amount, which is the higher of value in use or fair value less costs to sell. Discounted cash flow models are used to calculate the net present value of the investments. The cash flows in the models include expected interest and capital payments on loans, dividends, redemption amounts and proceeds on disposal. (a) Harmony acquired a 32.40% interest in Pamodzi on 27 February 2008, initially valued at R345 million. Pamodzi was listed on the JSE and had interests in operating gold mines in South Africa. Pamodzi was placed in liquidation in March 2009. As at 30 June 2022, to the best of our knowledge, the liquidation process has not been concluded. Refer to note 18(a) for details of the loan and provision of impairment of the loan. (b) Rand Refinery provides precious metal smelting and refining services in South Africa. Harmony holds a 10.38% share in Rand Refinery. This investment is a strategic investment for the group as Rand Refinery is the only company that provides such services in South Africa. Although the group holds less than 20% of the equity shares of Rand Refinery, the group is able to exercise significant influence by virtue of having a right to appoint a director on the board. Through the 10.38% shareholding and the right to appoint a director on the board, the investment has been accounted for as an associate. In December 2014, Rand Refinery drew down on a shareholder's loan of which Harmony's portion thereof was R120 million. Following an amended loan agreement signed in June 2017, the loan was converted into cumulative redeemable preference shares of no par value. The preference shares have been fully redeemed in the 2021 financial year. Rand Refinery has a 31 August financial year-end. The movement in the investments in associates during the year is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 126 146 Redemption of preference shares — (36) Dividend received (64) (67) Share of profit in associate 63 83 Balance at end of year 125 126

Investment in Joint Operations

Investment in Joint Operations	12 Months Ended
	Jun. 30, 2022
Interest in Other Entities [Abstract]
Investment in Joint Operations	Investment in joint operations The group has a 50% interest in certain mining and exploration assets located in the Morobe province, PNG. Newcrest Mining Limited owns the remaining 50% interest in these assets. The asset in the joint arrangement is the Wafi-Golpu project. The joint arrangement is accounted for as a joint operation. State participation Under the conditions of the Wafi-Golpu exploration tenements, the PNG government (the State) has reserved the right prior to the commencement of mining to take up an equity interest of up to 30% of any mineral discovery within the Wafi-Golpu tenements. The right is exercisable by the State once at any time prior to the commencement of mining. If the State exercises this right, the exercise price is a pro-rata share of the accumulated exploration expenditure. Once the right is exercised, the State is responsible for its proportionate share of ongoing exploration and project development costs. The State has indicated its intention to exercise its option in full, however, as at 30 June 2022, this option has not been exercised. Permitting Special Mining Lease In August 2016, application was made to the Mineral Resources Authority for a Special Mining Lease (SML) under the PNG Mining Act 1992. The application was subsequently updated and amended in March 2018. Notwithstanding that the Prime Minister has publicly stated the Wafi-Golpu project is of national importance and therefore the State’s objective is to permit the project as soon as possible, there have been considerable delays in the permitting process. These include a judicial review instituted in 2019 by the Governor and Government of Morobe Province. This related to a memorandum of agreement entered into between the State of PNG and the project proponents in connection with the progress towards and terms of a Mining Development Contract (MDC) to be entered into under the PNG Mining Act, which review stayed the conduct of negotiations. The memorandum of agreement was subsequently withdrawn, however, meaningful negotiations with the PNG State Negotiating Team only recommenced in the second half of this financial year. During the last quarter of the year, senior Harmony executives met with the Prime Minister, Hon James Marape MP. Harmony confirmed its continued commitment to invest and grow in PNG. At the request of the Prime Minister, a follow-up meeting took place during May 2022 between the project proponents, the Prime Minister, various members of the National Negotiating Team, the Minerals Policy Institute and the Mineral Resources Authority, and other senior bureaucrats. Following the PNG national general election that ended in August 2022, Hon James Marape MP was reappointed for a further term of office and, in meetings with the project proponents, has indicated that it is the government’s intention to permit the project by July 2023. It is envisaged that meaningful SML permitting negotiations will resume during the second quarter of the 2023 financial year. Environment Permit In July 2018, application was made to the Conservation and Environment Protection Authority for an Environment Permit under the PNG Environment Act 2000, by the submission under the Act of an Environmental Impact Statement. The Environment Permit was granted in December 2020. During March 2021, the Governor and Government of the Morobe Province instituted a judicial review in the Lae National Court against the grant by the Minister for the Environment of the Environment Permit, pending the resolution of which review the grant of an SML was stayed. Following an appeal to the Supreme Court, the National Court stay order was itself stayed, and the Supreme Court will now set directions for a substantive hearing of the appeal. The project proponents are not parties to this proceeding. Pursuant to the PNG national general election, a new Governor of the Morobe Province has been appointed, and he has publicly declared his intention to withdraw the legal proceedings instituted by his predecessor. Carrying amount and impairment considerations The carrying amount of the project amounts to R2.7 billion (2021: R2.4 billion). The change year on year relates to foreign exchange translation. Due to the group-wide trigger for impairment (refer to note 6), the recoverable amount of the Wafi-Golpu project was determined and an impairment assessment was performed in terms of IFRS 6. No impairment (2021: Rnil) has been recognised at 30 June 2022 The recoverable amount for the project was determined on a resource multiple valuation approach using the same values as those for South African underground resources. Refer to note 15 for the assumptions used in the valuation. This is a level 3 fair value measurement.

Inventories

Inventories	12 Months Ended
	Jun. 30, 2022
Inventories [Abstract]
Inventories	Inventories Accounting policy Inventories, which include bullion on hand, gold-in-process, gold in lock-up, ore stockpiles and consumables, are measured at the lower of cost and net realisable value. Net realisable value is assessed at each reporting date and is determined with reference to relevant market prices. The cost of bullion, gold-in-process and gold in lock-up is determined by reference to production cost, including amortisation and depreciation at the relevant stage of production. Ore stockpiles are valued at average production cost. Stockpiles and gold in lock-up are classified as non-current assets where the stockpile's volume exceeds current processing capacity and where a portion of static gold in lock-up is expected to be recovered more than 12 months after balance sheet date. Gold-in-process inventories represent materials that are currently in the process of being converted to a saleable product. In-process material is measured based on assays of the material fed to process and the projected recoveries at the respective plants. In-process inventories are valued at the average cost of the material fed to process attributable to the source material coming from the mine or stockpile plus the in-process conversion costs, including the applicable depreciation relating to the process facility, incurred to that point in the process. Gold-in-process includes gold in lock-up, which is generally measured from the plants onwards. Gold in lock-up is expected to be extracted when plants are demolished at the end of their useful lives, which is largely dependent on the estimated useful life of the operations feeding the plants. At the group’s open pit operations, gold-in-process represents production in broken ore form. Consumables are valued at weighted average cost value after appropriate allowances for slow-moving and redundant items. Critical accounting estimates and judgements Judgement is applied in estimating the provision for stock obsolescence. The provision is recognised on items not considered critical as a percentage of the value of the inventory, depending on the period elapsed since the inventory was purchased or issued. Inventory held for longer than five years is written down to zero unless there is sufficient evidence of a recoverable amount. SA Rand Figures in million 2022 2021 Gold in lock-up (a) 136 65 Gold-in-process, ore stockpiles and bullion on hand 1 054 1 039 Consumables at weighted average cost (net of provision) (b) 1 764 1 503 Total inventories 2 954 2 607 Non-current portion of gold in lock-up and gold-in-process included in Other non-current assets (136) (65) Total current portion of inventories 2 818 2 542 Included in the balance above is: Inventory valued at net realisable value 136 65 (a) The reduction of the life-of-mine of the Tshepong Operations (refer to note 6) and the increased gold price assumptions used (refer to note 15) impacted the discounting of the net realisable value. This led to an increased valuation at 30 June 2022. (b) The increase year on year is mainly due to the impact of supply chain constraints on prices (refer to note 4). Increases above inflation have been seen in a number of key components of the operations such as steel, diesel, chemicals and reagentsl. During the year, an increase of R115 million (2021: R39 million decrease) to the provision for slow-moving and redundant stock was made. The total provision at 30 June 2022 was R407 million (2021: R292 million).

Share Capital

Share Capital	12 Months Ended
	Jun. 30, 2022
Share Capital, Reserves and Other Equity Interest [Abstract]
Share Capital	Share capital Accounting policy Ordinary shares are classified as equity, incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. The cost of treasury shares is eliminated against the share capital balance. Authorised 1 200 000 000 (2021: 1 200 000 000) ordinary shares with no par value. 4 400 000 (2021: 4 400 000) convertible preference shares with no par value. Issued 616 525 702 (2021: 616 052 197) ordinary shares with no par value. All issued shares are fully paid. 4 400 000 (2021: 4 400 000) convertible preference shares with no par value. Share issues Share issues relating to employee share options An additional 473 505 (2021: 12 909 491) shares were issued to settle the exercise of share options by employees relating to Harmony's management share option schemes. Note 36 sets out the details in respect of the share option schemes. Treasury shares Included in the total of issued shares are the following treasury shares: Number of shares 2022 2021 Ordinary shares Lydenburg Exploration Limited 1 335 335 Kalgold Share Trust 2 47 046 47 046 Harmony ESOP Trust 2 4 — 5 894 081 Convertible preference shares Harmony Gold Community Trust 3 4 400 000 4 400 000 1 A wholly-owned subsidiary. 2 Trust controlled by the group. 3 The issue of the convertible preference shares did not impact the group's consolidated financial statements as the Harmony Gold Community Trust is controlled by the group. 4 On 15 January 2022, the lock-in period expired for the Harmony ESOP Trust (Sisonke Scheme). Settlements and share distributions were made and the shares are no longer classified as treasury shares.

Other Reserves

Other Reserves	12 Months Ended
	Jun. 30, 2022
Disclosure of reserves within equity [abstract]
Other Reserves	Other reserves SA Rand Figures in million 2022 2021 Foreign exchange translation reserve (a) 3 097 2 355 Hedge reserve (b) 480 1 051 Share-based payments (c) 3 249 3 106 Post-retirement benefit actuarial gain/(loss) (d) (5) (18) Acquisition of non-controlling interest in subsidiary (e) (381) (381) Equity component of convertible bond (f) 277 277 Repurchase of equity interest (g) (98) (98) Equity instruments designated at fair value through other comprehensive income (h) 153 135 Other (28) (28) Total other reserves 6 744 6 399 (a) The balance of the foreign exchange translation reserve movement represents the cumulative translation effect of the group's off-shore operations. 25 Other reserves continued (b) Harmony has entered into gold hedging contracts. Cash flow hedge accounting is applied to these contracts, resulting in the effective portion of the unrealised gains and losses being recorded in other comprehensive income (other reserves). Refer to note 19 for further information. The reconciliation of the hedge reserve is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 051 (3 395) Remeasurement of gold hedging contracts (571) 4 467 Unrealised gain/(loss) on gold hedging contracts (242) 2 992 Released to revenue on maturity of the gold hedging contracts (497) 2 296 Foreign exchange translation (2) (39) Deferred taxation thereon 170 (782) Attributable to non-controlling interest — (21) Balance at end of year 480 1 051 Attributable to: Rand gold hedging contracts 441 1 069 US dollar gold hedging contracts 39 (18) (c) The reconciliation of the movement in the share-based payments is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 3 106 2 950 Share-based payments expensed (i) 143 156 Balance at end of year 3 249 3 106 (i) The group issues equity-settled instruments to certain qualifying employees under an employee share option scheme and employee share ownership plan (ESOP) to award shares from the company’s authorised but unissued ordinary shares. Equity share-based payments are measured at the fair value of the equity instruments at the grant date and are expensed over the vesting period, based on the group’s estimate of the shares that are expected to vest. Refer to note 36 for more details. (d) The actuarial gains or losses related to the post-retirement benefit obligation will not be reclassified to the income statement Refer to note 27. (e) On 15 March 2004, Harmony announced that it had made an off-market cash offer to acquire all the ordinary shares, listed and unlisted options of Abelle Limited, held by non-controlling interests. The excess of the purchase price of R579 million over the carrying amount of non-controlling interest acquired, amounting to R381 million, has been accounted for under other reserves. (f) On 24 May 2004, the group issued a convertible bond. The amount representing the value of the equity conversion component is included in other reserves, net of deferred income taxes. The equity conversion component is determined on the issue of the bonds and is not changed in subsequent periods. The convertible bonds were repaid in 2009. (g) On 19 March 2010, Harmony Gold Mining Company Limited concluded an agreement with African Vanguard Resources (Proprietary) Limited (AVRD), for the purchase of its 26% share of the mining titles of the Doornkop South Reef. The original sale of the 26% share in the mining titles was accounted for as an in-substance call option by AVRD over the 26% mineral right. The agreement to purchase AVRD's 26% interest during the 2010 financial year was therefore considered to be a repurchase of the option (equity interest). The 26% interest was transferred from AVRD to Harmony in exchange for Harmony repaying the AVRD Nedbank loan and the issue of 2 162 359 Harmony shares. The difference between the value of the shares issued of R152 million, the liability to the AVRD and transaction costs, have been taken directly to equity. (h) Includes R112 million (2021: R110 million) related to the cumulative fair value movement of Harmony's interest in Rand Mutual Assurance. Refer to note 18.

Provision for Environmental Reh

Provision for Environmental Rehabilitation	12 Months Ended
	Jun. 30, 2022
Provision For Environmental Rehabilitation [Abstract]
Provision for Environmental Rehabilitation	Provision for environmental rehabilitation Accounting policy Estimated long-term environmental obligations, comprising pollution control, rehabilitation and mine closure, are based on the group’s environmental management plans in compliance with current technological, environmental and regulatory requirements. Based on disturbances to date, the net present value of expected rehabilitation cost estimates is recognised and provided for in full in the financial statements. The estimates are reviewed annually and are discounted using a pre-tax risk-free rate that is adjusted to reflect the current market assessments of the time value of money and the risks specific to the obligation. Annual changes in the provision consist of finance costs relating to the change in the present value of the provision and inflationary increases in the provision estimate, as well as changes in estimates. The present value of environmental disturbances created is capitalised to mining assets against an increase in the rehabilitation provision. If a decrease in the liability exceeds the carrying amount of the asset, the excess is recognised immediately in the income statement. If the asset value is increased and there is an indication that the revised carrying value is not recoverable, impairment is assessed in accordance with the accounting policy dealing with impairments of non-financial assets (refer to note 2.5). Rehabilitation projects undertaken included in the estimates are charged to the provision as incurred. The cost of ongoing current programmes to prevent and control pollution is charged against income as incurred. Over time, the liability is increased to reflect an interest element, and the capitalised cost is depreciated over the life of the related asset. Critical accounting estimates and judgements Significant judgement is applied in estimating the ultimate rehabilitation cost that will be required in future to rehabilitate the group’s mines, related surface infrastructure and tailings dams. Ultimate cost may significantly differ from current estimates. The following rates were used in the calculation of the provision: % 2022 2021 2020 South African operations Inflation rate – short term (Year 1) 6.55 5.11 4.50 – short term (Year 2) 5.20 4.99 4.50 – long term (Year 3 onwards) 5.50 5.25 5.00 Discount rates – 12 months 5.50 4.90 3.90 – one to five years 8.30 7.30 5.55 – six to nine years 9.90 9.00 8.20 – ten years or more 10.90 10.30 10.95 PNG operations Inflation rate 5.33 4.45 6.28 Discount rate 8.45 6.20 5.50 The group’s mining and exploration activities are subject to extensive environmental laws and regulations. The group has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation costs are based principally on legal and regulatory requirements. 26 Provision for environmental rehabilitation continued The following is a reconciliation of the total provision for environmental rehabilitation: SA Rand Figures in million 2022 2021 Balance at beginning of year 4 662 3 408 Change in estimate – Balance sheet 1 (248) (774) Change in estimate – Income statement 1 136 135 Utilisation of provision (65) (15) Time value of money and inflation component of rehabilitation costs 377 296 Acquisitions 2 — 1 856 Translation 151 (244) Balance at end of year 5 013 4 662 1 Changes to life-of-mine plans for certain operations in 2021 and 2022 impacted the discounting of the cash flows. Also contributing to the movement in 2021 are the changes applied to the assumptions for Mponeng and the VR and WW closure businesses following the acquisition. 2 This relates to the acquisition of Mponeng operations and related assets. The environmental provision for PNG amounts to R1 185 million (2021: R1 084 million) and is unfunded due to regulations in the operating country. While the ultimate amount of rehabilitation costs to be incurred in the future is uncertain, the group has estimated that, based on current environmental and regulatory requirements, the total undiscounted cost for the operations, in current monetary terms, is as follows: SA Rand Figures in million 2022 2021 Future net undiscounted obligation Ultimate estimated rehabilitation cost 7 126 6 959 Amounts invested in environmental trust funds (refer to note 17) (5 244) (5 064) Total future net undiscounted obligation 1 882 1 895 The group's South African mines are required to comply with the National Environmental Act's (NEMA) financial provision requirements. They are also required to substantively review and align their financial provision in accordance with these regulations during the relevant transitional period, which has now been extended to 19 September 2023. The group intends to finance the ultimate rehabilitation costs from the money invested in environmental trust funds as well as the proceeds on the sale of assets and gold from plant clean-up at the time of mine closure. The group has guarantees in place, some cash-backed, relating to some of the environmental liabilities. Refer to notes 17 and 38.

Other Provisions

Other Provisions	12 Months Ended
	Jun. 30, 2022
Other Provisions1 [Abstract]
Other Provisions	Other provisions SA Rand Figures in million 2022 Provision for silicosis settlement (a) 820 854 Retirement benefit obligation (b) 251 247 Total other provisions 1 071 1 101 Current portion of other provisions 139 175 Non-current portion of other provisions 932 926 . Critical accounting estimates and judgements Significant judgement is applied in estimating the cost that will be required in future to settle any claims against certain of the group’s mines. The ultimate cost may differ from current estimates. The provision amount was based on estimates of the number of potential claimants, levels of disease progression and take-up rates. These estimates were informed by historic information, published academic research and professional opinion. The key assumptions that were made in the determination of the provision amount include: • Silicosis prevalence rates • Estimated settlement per claimant • Benefit take-up rates • Disease progression rates • Timing of cash flows. A discount rate of 6.5% (2021: 6.2%) (2020: 7.6%) was used, based on South African government bonds with similar terms to the obligation. There is uncertainty with regard to the rate at which potential claims would be reported as well as the benefit take-up rates. Refer to sensitivity analysis on the key assumptions below. Harmony and certain of its subsidiaries (Harmony group), together with other mining companies, were named in a class action suit for silicosis and tuberculosis which was certified by the Johannesburg High Court in May 2016. On 26 July 2019, the Johannesburg High Court approved the settlement of the silicosis and tuberculosis class action suit between the Occupational Lung Disease Gold Working Group (the Working Group) – representing Gold Fields, African Rainbow Minerals, Anglo American SA, AngloGold Ashanti, Harmony and Sibanye Stillwater – and lawyers representing affected mineworkers (settlement agreement). The mandatory three-month period, during which potential beneficiaries could opt out of the settlement agreement and the audit thereof was completed in December 2019. The Tshiamiso Trust will oversee the tracking and tracing of class members, process all submitted claims, including the undertaking of benefit medical examinations, and pay benefits to eligible claimants. A jointly controlled Special Purpose Vehicle has been set up to act as an agent for the Working Group in relation to certain matters set out in the settlement agreement and trust deed. During the 2021 financial year, the Working Group paid the legal costs of the claimants’ attorneys and other initial amounts as set out in the settlement agreement. On 31 January 2020, the Working Group commenced the payment of their quarterly administration and benefit contributions to the Tshiamiso Trust to enable the trustees to settle benefits of eligible claimants. Those payments are revisited as necessary annually, based on activities and claims. Harmony has provided for the estimated cost of the settlement based on actuarial assessments. A portion of the provision has been transferred to current liabilities. The nominal amount for Harmony group is R993 million. The following is a reconciliation of the total provision for the silicosis settlement: SA Rand Figures in million 2022 2021 Balance at beginning of year 854 892 Change in estimate 23 80 Time value of money and inflation component 52 52 Payments 1, 2 (109) (170) Balance at end of year 820 854 Current portion of silicosis settlement provision 139 175 Non-current portion of silicosis settlement provision 681 679 1 These payments comprise mainly the administration and benefit contributions to the Tshiamiso Trust. 2 The amount for 2021 includes the legal costs for the claimants’ attorneys. 27 Other provisions continued (a) Provision for silicosis settlement continued Sensitivity analysis Management has considered the information available regarding key assumptions, as well as the uncertainties and term of the projections, and determined variances for a reasonable (possible) range to apply to the key assumptions. Information considered included medical data and evidence from the silicosis claim process, which has not changed significantly since the liability was recognised. Management also considered the guidance provided by the actuarial specialists as to what could be a reasonably possible change for each item. The impact of these reasonable possible changes on the assumptions would increase or decrease the provision amount by the following amounts: SA Rand Figures in million 2022 2021 Effect of an increase in the assumption: Change in benefit take-up rate 1 91 85 Change in silicosis prevalence 2 91 85 Change in disease progression rates 3 49 42 Effect of a decrease in the assumption: Change in benefit take-up rate 1 (91) (85) Change in silicosis prevalence 2 (91) (85) Change in disease progression rates 3 (49) (42) 1 Change in benefit take-up rate: the take-up rate does not significantly affect the administration fees, but a 10% change results in a proportionate change in the base compensation values. 2 Change in the silicosis prevalence: the assumptions that will result in a change in the estimated number of cases are either a 10% change in the assumed labour numbers or a 10% change in the disease risk. 3 Change in disease progression rates: a 10% shorter/longer disease progression period was used, which results in more advanced silicosis cases. This assumption is not applicable to the dependant or TB classes. The above sensitivity analysis is based on a change in an assumption while holding all other assumptions constant. In practice, this is unlikely to occur, and changes in some of the assumptions may be correlated. A change in the settlement claim amount would result in a change in the provision amount on a Rand for Rand basis. The ultimate outcome of this matter remains uncertain, with the number of eligible potential claimants successfully submitting claims and receiving compensation being uncertain. The provision recorded in the financial statements is consequently subject to adjustment or reversal in the future. Accounting policy The group provides medical cover to current employees and certain retirees through certain funds. The medical accounting costs for the defined benefit plan are assessed using the projected unit credit method. The healthcare obligation is measured at the present value of the estimated future cash outflows using government bond interest rates consistent with the terms and risks of the obligation. Actuarial gains and losses as a result of these valuations are recognised in other comprehensive income (OCI) at revaluation date. Actuarial gains and losses recognised in OCI will not be recycled to profit or loss. The future liability for current and retired employees and their dependants is accrued in full based on actuarial valuations obtained annually. Critical accounting estimates and judgements An updated actuarial valuation is carried out at the end of each financial year. Assumptions used to determine the liability include a discount rate of 12.3%, no increases in employer subsidies (in terms of the agreement), mortality rates according to the SA 1956/62 mortality table (SA ”a mf” tables) (retirement age of 60) and a medical inflation rate of 9.0% (2021: discount rate of 11.2%, retirement age of 60 and 8.5% inflation rate) (2020: discount rate of 11.2%, retirement age of 60 and 8.5% inflation rate). Management determined the discount rate by assessing South African government bonds with similar terms to the liability. The changes to the discount rate and medical inflation rate are similar to changes in interest and inflation rates in South Africa. 27 Other provisions continued (b) Retirement benefit obligation continued Pension and provident funds The group contributes to several pension and provident funds governed by the Pension Funds Act, 1956 for the employees of its South African subsidiaries. The pension funds are multi-employer defined contribution industry plans. The group’s liability is therefore limited to its monthly determined contributions. The provident funds are funded on a “monetary accumulative basis” with the member’s and employer’s contributions having been fixed in the constitution of the funds. The Australian group companies make contributions to each employee’s superannuation (pension) funds in accordance with the Superannuation Guarantee Scheme (SGS). The SGS is a Federal Government initiative enforced by law which compels employers to make regular payments to regulated funds providing for each employee on their retirement. The SGS was set at a minimum of 10.0% of gross salary and wages for the 2022 year (2021: 9.5%). The fund is a defined contribution plan. The PNG Superannuation Act 2002 requires a compulsory employer contribution of 8.4% (2021: 8.4%) into an approved superannuation (pension) fund if an employee is appointed for a period of three months or more. The approved superannuation funds are defined contribution plans. Substantially all the group’s employees are covered by the above mentioned retirement benefit plans. Funds contributed by the group for the 2022 financial year amounted to R1 125 million (2021: R929 million). Post-retirement benefits other than pensions Harmony inherited post-retirement medical benefit obligations with the Freegold acquisition in 2002, the Moab Khotsong acquisition in 2018 and the Mponeng acquisition in 2021. Except for the above mentioned employees, Harmony has no other post-retirement benefit obligation for the other group employees. The group’s obligation is to pay a subsidy of 2% for every completed year of employment up to a maximum of 50% of total medical aid contributions, commencing on date of retirement. Should the employee die, either in service or after retirement, this benefit will transfer to his/her dependants. The medical aid tariffs are based on the Bestmed medical scheme (Bestmed) options. The principal actuarial assumptions used to determine the present value of unfunded obligations are discussed above. In addition, the following was also considered: • It is assumed that all Continuation and Widow Members (CAWMs) will remain on the current benefit option and income band. For employed members, post-employment contributions were assumed to be equal to the average payable for the current CAWMs membership • It is assumed that not all employed members will remain employed until retirement therefore estimated resignation and ill-health retirement rates are also taken into account • It is assumed that 90% of employed members will be married at retirement or earlier death and that wives are four years younger than their husbands. Through the post-employment medical plan, the group is exposed to a number of risks, the most significant of which are discussed below: • Change in bond yields: A decrease in the bond yields will increase the plan liability • Inflation risk: The obligation is linked to inflation and higher inflation will lead to a higher liability • Life expectancy: The obligation is to provide benefits for the life of the member, so increases in life expectancy will result in an increase in the plan’s liabilities. The liability is unfunded and will be settled out of cash and cash equivalents when it becomes due. The liability is based on an actuarial valuation conducted during the year ended 30 June 2022, using the projected unit credit method. The next actuarial valuation will be performed on 30 June 2023. SA Rand Figures in million 2022 2021 Present value of all unfunded obligations 251 247 Current employees 99 99 Retired employees 152 148 The movement in the retirement benefit obligation is as follows: Balance at beginning of year 247 193 Acquisition of Mponeng operations and related assets — 27 Contributions paid (13) (12) Other expenses included in staff costs/current service cost 4 1 Finance costs 27 22 Net actuarial (gain)/loss recognised in other comprehensive income during the year (14) 16 Balance at end of year (non-current) 251 247 27 Other provisions continued (b) Retirement benefit obligation continued Post-retirement benefits other than pensions continued The net actuarial gain for 2022 is due to the results of the higher real rate of discount assumed and used (2021: The net actuarial loss mainly resulted from the shortfall related to the take-on of the Mponeng operation medical benefit obligation). SA Rand Figures in million 2022 2021 The net liability of the defined benefit plan is as follows: Present value of defined benefit obligation 251 247 Fair value of plan assets — — Net liability of defined benefit plan 251 247 Management considered whether a reasonably possible change in any of the key assumptions would have a material impact on the obligation, service cost or finance costs. It was determined that changes would result in an immaterial increase or decrease. The group expects to contribute approximately R14 million to the benefit plan in 2023. The weighted average duration of the defined benefit obligation is 11 years.

Leases

Leases	12 Months Ended
	Jun. 30, 2022
Disclosure of leases [Abstract]
Disclosure of leases [text block]	Leases Accounting policy The group assesses the presence of a lease in a contract as at the commencement date of the agreement. Having determined that a contract contains a lease asset (and respective contractual cash obligations), Harmony recognises a right-of-use asset and lease liability. The group discloses expensed amounts for contracts assessed as variable leases, low value asset leases and short-term leases. The disclosed value of these expensed leases is either determined on a straight-line basis over the duration of the lease or on a systematic basis that fairly indicates the consumption of the lease contract. All expensed lease contracts are recognised in production costs, corporate, administration and other expenditure in the income statement. The group applies the following practical expedients when assessing lease contracts: • The low value lease exemption – the group has elected to take the low value exemption with a value of R50 000 for the individual leased asset value and also applied its accounting policy on capitalisation of assets based on IAS 1 materiality assessment • The short-term lease exemption – leases with a duration of less than a year will be expensed in the income statement on a straight-line basis • Non-lease components – the group has applied the practical expedient not to separate non-lease components from lease components, and instead account for each lease component and any associated non-lease components as a single lease component for the classes of the underlying asset where it is appropriate to do so. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the group uses its incremental borrowing rate. The group has applied the IFRS 16 portfolio approach in determining the discount rate for leases. As such, a single discount rate has been used for contracts that share similar characteristics. The group has determined that a portfolio of contracts that are denominated in the same currency may use a single discount rate. This rate has been determined using various factors including in-country borrowings as well as other sources of finance. The nature of the right-of-use assets was also considered. Lease payments included in the measurement of the lease liability comprise: • Fixed lease payments (including in-substance fixed payments), less any lease incentives • Variable lease payments that depend on an index or rate, initially measured using the index or rate at the commencement date • The amount expected to be payable by the lessee under residual value guarantees • The exercise price of purchase options, if the lessee is reasonably certain to exercise the options • Payments of penalties for terminating the lease, if the lease term reflects the exercise of an option to terminate the lease. The non-current and current portions of the lease liability is included in other non-current liabilities and trade and other payables in the balance sheet respectively. 28 Leases continued Accounting policy continued The lease liability is subsequently measured by increasing the carrying amount to reflect interest on the lease liability (using the effective interest method) and by reducing the carrying amount to reflect the lease payments made. The group remeasures the lease liability (and makes a corresponding adjustment to the related right-of-use asset) whenever: • The lease term has changed or there is a change in the assessment of exercise of a purchase option, in which case the lease liability is remeasured by discounting the revised lease payments using a revised discount rate • The lease payments change due to changes in an index or rate or a change in expected payment under a guaranteed residual value, in which cases the lease liability is remeasured by discounting the revised lease payments using the initial discount rate (unless the lease payments change is due to a change in a floating interest rate, in which case a revised discount rate is used) • A lease contract is modified and the lease modification is not accounted for as a separate lease, in which case the lease liability is remeasured by discounting the revised lease payments using a revised discount rate. The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day, any initial direct costs and restoration costs as described below. They are subsequently measured at cost less accumulated depreciation and impairment losses. The lease term shall be determined as the non-cancellable period of a lease, together with: • Periods covered by an option to extend the lease if management is reasonably certain to make use of that option and/or • Periods covered by an option to terminate the lease, if management is reasonably certain not to make use of that option. Whenever the group incurs an obligation for costs to dismantle and remove a leased asset, restore the site on which it is located or restore the underlying asset to the condition required by the terms and conditions of the lease, a provision is recognised and measured under IAS 37 Provisions, Contingent Liabilities and Contingent Assets . The costs are included in the related right-of-use asset, unless those costs are incurred to produce inventories. Right-of-use assets are depreciated over the shorter period of lease term and useful life of the underlying asset. If a lease transfers ownership of the underlying asset or the cost of the right-of-use asset reflects that the group expects to exercise a purchase option, the related right-of-use asset is depreciated over the useful life of the underlying asset. The depreciation starts at the commencement date of the lease. The right-of-use assets are presented in the property, plant and equipment line in the balance sheet. The group applies its existing accounting policy on impairment of non-financial assets to determine whether a right-of-use asset is impaired and accounts for any identified impairment loss accordingly. Critical accounting estimates and judgements Key judgements applied in determining the right-of-use assets and lease liability were: • Assessing whether an arrangement contains a lease: various factors are considered, including whether a service contract includes the implicit right to the majority of the economic benefit from assets used in providing the service • Determining the lease term: management considers all facts and circumstances that create an economic incentive to exercise an extension option, or not exercise a termination option. Extension options (or periods after termination options) are only included in the lease term if the lease is reasonably certain to be extended (or not terminated). The assessment is reviewed if a significant event or a significant change in circumstances occurs which affects this assessment and that is within the control of the lessee. The company applies the considerations for short-term leases where leases are modified to extend the period by 12 months or less on expiry and these modifications are assessed on a standalone basis • Determining the discount rate: in determining the incremental borrowing rates, management considers the term of the lease, the nature of the asset being leased, in country borrowings as well as other sources of finance. The movement in the right-of-use assets is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 262 151 Acquisition of Mponeng operations and related assets 1 — 11 Additions 353 174 Modifications (2) 35 Depreciation (166) (80) Terminations — (1) Translation 33 (28) Balance at end of year 480 262 1 Refer to note 14 for further information on the acquisition. 28 Leases continued The non-current and current portions of the lease liability is included in other non-current liabilities and trade and other payables in the balance sheet respectively. The movement in the lease liabilities is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 261 141 Acquisition of Mponeng operations and related assets 1 — 40 Additions 315 135 Modifications (2) 35 Interest expense on lease liabilities 19 13 Lease payments made (177) (80) Terminations — (1) Translation 26 (22) Balance at end of year 442 261 Current portion of lease liabilities 197 107 Non-current portion of lease liabilities 245 154 1 Refer to note 14 for further information on the acquisition. The maturity of the group's undiscounted lease payments is as follows: SA Rand Figures in million 2022 2021 Less than and including one year 206 112 Between one and five years 205 225 Five years and more 133 — Total 544 337 The amounts included in the income statement relating to leases: SA Rand Figures in million 2022 2021 Depreciation of right-of-use assets 1 166 80 Interest expense on lease liabilities 2 19 13 Short-term leases expensed 3 134 187 Leases of low value assets expensed 3 21 15 Variable lease payments expensed 3, 4 1 050 883 1 Included in depreciation and amortisation. 2 Included in finance costs. 3 Included in production costs and corporate, administration and other expenditure. 4 These payments relate mostly to mining and drilling contracts. Variable lease payments comprise 76% of the total lease payments made during the period. The majority of the variable lease payments made relate to the contracting of specialists for mining operations at Harmony's open-pit mines and are determined on a per tonne or square metre basis. The total cash outflows for leases are: SA Rand Figures in million 2022 2021 Lease payments made for lease liabilities 177 80 Short-term lease payments 134 187 Lease payments of low value assets leased 21 15 Variable lease payments 1 050 883 Total cash outflows for leases 1 382 1 165 During 2022, Harmony reached financial close on power purchase agreements for the procurement of electricity from 30 MW photovoltaic generation facilities. These agreements constitute variable lease contracts that Harmony is committed to but which have not yet commenced as at 30 June 2022. The variable lease payments from these contracts are to be determined with reference to the quantity of megawatt hours (MWh) generated by the facilities.

Contingent consideration

Contingent consideration	12 Months Ended
	Jun. 30, 2022
Contingent Consideration [Abstract]
Disclosure Of Contingent Consideration Liabilities	Contingent consideration Accounting policy The contingent consideration liability was initially recognised at fair value on 1 October 2020 in accordance with IFRS 3. The liability was included as part of the consideration transferred for the acquisition of the Mponeng operations and related assets (refer to note 14). Changes in the fair value of the liability subsequent to initial recognition are included in other operating expenses. Critical accounting estimates and judgements The contingent consideration liability was initially valued using the discounted cash flow valuation method, discounted at a post-tax real rate of 10.6%.Other assumptions are the forecast Rand/US dollar exchange rate and life-of-mine plans. Refer to note 14 for details. Subsequent to initial recognition, the assumptions applied for the valuation of the liability were updated. As at 30 June 2022, the contingent consideration was valued using a post-tax real discount rate of 10.2% (2021: 10.3%). Refer to note 15 for exchange rate assumptions and other estimates used in the life-of-mine plans. The fair value calculated for the contingent consideration is level 3 in the fair value hierarchy due to the use of unobservable inputs. As at 1 October 2020, and the financial years ended 30 June 2021 and 30 June 2022, the contingent consideration attributable to the below infrastructure ounces of gold was valued at Rnil, as no ounces from below infrastructure sections of the orebody have been included in the life-of-mine plan of Mponeng. The movement in the contingent consideration liability is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 417 — Initial recognition as at 1 October 2020 — 544 Remeasurement of contingent consideration 1 (61) (127) Balance at end of year 356 417 1 The remeasurement of the liability relates primarily to a change in the production profile, which is based on Harmony's life-of-mine plan for the Mponeng operation.

Other Non-Current Liabilities

Other Non-Current Liabilities	12 Months Ended
	Jun. 30, 2022
Disclosure of other provisions, contingent liabilities and contingent assets [Abstract]
Other Non-Current Liabilities	Other non-current liabilities SA Rand Figures in million 2022 2021 Sibanye Beatrix ground swap royalty 1 18 19 Lease liability – non-current 2 245 154 Provision for Harmony Education Benefit Fund 5 5 Total non-current liabilities 268 178 1 The decrease is mainly due to the estimated gold allocation decreasing from 2 068kg to 1 820kg based on approved life-of-mine plans. 2 Refer to note 28 for an analysis of the lease liability.

Streaming Arrangement

Streaming Arrangement	12 Months Ended
	Jun. 30, 2022
Streaming Contract Liabilities [Abstract]
Disclosure of steaming contract liabilities explanatory	Streaming arrangements Accounting policy The streaming contract was assessed and has been accounted for as an own-use customer contract. At acquisition, the streaming contract was initially recognised at a fair value (refer to note 14) of R1.4 billion in accordance with IFRS 3. The fair value of the contract took into consideration the existing unfavourable gold price terms at acquisition, in relation to the comparative market gold price. The obligation to deliver the contractually stipulated ounces over the remaining term of the agreement results in a significant financing component. The interest accrues on the contract liability over the remaining contractual term. As the performance obligation to deliver gold is met, the contract liability unwinds into revenue classified as "consideration from streaming contract" in note 5. The current portion of the liability is determined with reference to the current production profile of the operation for the next 12 months. Critical accounting estimates and judgements Refer to note 14 for the critical estimates and judgements relating to the initial recognition of the streaming contract liability. Changes in the production plan will affect the subsequent measurement prospectively. This is the only input that is considered for subsequent measurement. Harmony's cost of debt of 7.7% was used to impute the finance cost for the significant financing component recognised on the streaming contract liability. 31 Streaming arrangements continued Streaming arrangement with Franco-Nevada Barbados Harmony's subsidiary, Chemwes, which owns the Mine Waste Solutions operation (MWS), has a contract with Franco-Nevada Barbados (Franco-Nevada). Franco-Nevada is entitled to receive 25% of all the gold produced through MWS. As part of the acquisition of MWS (refer to note 14), Harmony assumed the obligations enforced by the Franco-Nevada contract. The contract is a streaming agreement that commenced on 17 December 2008 for which Franco-Nevada paid US$125 million upfront for the right to purchase 25% of the gold production through MWS for a fixed amount of consideration until the balance of gold cap is delivered. As at 1 October 2020, the US$125 million upfront payment has been settled. The gold cap is a provision included in the contract, which stipulates the maximum quantity of gold to be sold to Franco-Nevada over the term of the agreement. The consideration is determined as the lower of the quoted spot gold price as per the London Metals Exchange or US$400 per ounce, adjusted with an annual escalation adjustment. Contract liability and gold delivered Reconciliation of the ounces owed to Franco-Nevada: Figures in ounces (oz) 2022 2021 Balance at beginning of year 84 429 — Initial recognition as at 1 October 2020 — 100 686 Delivered (23 272) (16 257) Balance at end of year 61 157 84 429 The contract price receivable in US$/oz for each ounce of gold delivered is as follows: • 1 October 2020 – 16 December 2020: US$433/oz • 17 December 2020 – 16 December 2021: US$437/oz • 17 December 2021 – 30 June 2022: US$442/oz. Reconciliation of the streaming contract liability: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 091 — Initial recognition as at 1 October 2020 — 1 417 Finance costs related to significant financing component 67 71 Non-cash consideration for delivery of gold ounces (included in Revenue) (471) (397) Balance at end of year 687 1 091 Current portion of streaming contract liability 309 396 Non-current portion of streaming contract liability 378 695

Borrowings

Borrowings	12 Months Ended
	Jun. 30, 2022
Financial Instruments [Abstract]
Borrowings	Borrowings Summary of facilities' terms Commenced Tenor (years) Matures Secured Security Interest Interest charge Repayment term Repaid Existing R2.5 billion revolving credit facility – sustainability linked May 2022 Three years May 2025 2 Yes Unsecured Variable JIBAR + 2.40% On maturity n/a US$400 million facility – sustainability linked May 2022 Three years May 2025 2 Yes Unsecured Variable On maturity n/a - US$100 million term facility SOFR + 2.85% 4 - US$300 million revolving credit facility SOFR + 2.70% 4 R1.5 billion facility (green term loan) 1 May 2022 Six years, six months November 2028 Yes Unsecured Variable JIBAR + 2.65% Bi-annual 3 n/a US$24 million Westpac loan July Four July Yes Cession and pledge of vehicles and machinery Variable LIBOR + 3.20% Quarterly instalments n/a 1 This facility can only be drawn down from November 2022. 2 Does not take into account the two extension options of 12 months each. 3 Ten equal bi-annual instalments starting from May 2024 with the final instalment on maturity. 4 Secured Overnight Financing Rate. The SOFR is a secured interbank overnight interest rate that has been established as an alternative to LIBOR. Please refer to note 39 for more detail. Borrowings continued Summary of facilities' terms continued Commenced Tenor (years) Matures Secured Security Interest Interest charge Repayment term Repaid Matured R2 billion facility November 2018 Four years November 2022 Yes Cession and pledge of operating subsidiaries' shares and claims Variable May 2022 - R600 million term loan JIBAR + 2.9% Eight equal quarterly instalments starting from February 2021 with the final instalment on maturity - R1.4 billion revolving credit facility JIBAR + 2.8% On maturity US$400 million facility September Three years September 2023 5 Yes Cession and pledge of operating subsidiaries' shares and claims Variable On maturity May 2022 - US$200 million revolving credit facility Extendable by one year LIBOR + 2.9% - US$200 million term loan LIBOR + 3.1% 5 The syndicate of lenders for the US$400 million facility agreed to the one Refinancing of facilities During May 2022, Harmony refinanced its facilities, replacing its existing R2 billion and US$400 million facility with the following facilities held with a syndicate of local and international lenders: • R2.5 billion revolving credit facility (Rand RCF) • US$100 million term facility (US$ term loan) • US$300 million revolving credit facility (US$ RCF) • R1.5 billion green term loan (Green loan) The Green loan can only be used for eligible renewable energy projects as defined in the agreement. The Rand RCF, US$ RCF and US$ term loans are linked to certain sustainability-linked key performance indicators (ESG KPIs), which will be measured annually for the next three financial years and will result in changes to interest rate margins. The adjustments to interest rate margins for each financial year's ESG performance would impact the following financial year. The respective ESG KPIs are as follows: KPI Unit of measurement Scope Sustainability performance targets FY23 FY24 FY25 Greenhouse gas emissions 000 tonnes of Scope 1 and Scope 2 CO 2 e emissions All operations 4 485 4 279 4 074 Renewable energy Renewable energy consumption as % of total electricity consumed SA operations 2 % 8 % 20 % Water consumption Potable water consumed (Mℓ) SA operations 20 453 19 833 19 436 Depending on Harmony's performance in relation to these ESG KPIs, the potential change in interest rate margin is as follows: Cumulative benefit/penalty for each financial year (basis points) FY23 FY24 FY25 KPI Greenhouse gas emissions 1 2 3 Renewable energy 1 2 3 Water consumption 1 2 3 Debt covenants The debt covenant tests for both the Rand and US dollar facilities are as follows: • The group's interest cover ratio shall be more than five times (EBITDA 1 / Total interest paid) • Leverage 2 shall not be more than 2.5 times. 1 Earnings before interest, taxes, depreciation and amortisation (EBITDA), as defined in the agreement, excludes unusual items such as impairment and restructuring cost. 2 Leverage is defined as total net debt to EBITDA. During the refinancing process, the tangible net worth to total net debt ratio that was relevant to the previous facilities has been removed as a debt covenant, while the interest cover and leverage ratios remained unchanged. Loan covenants tests were performed for both the old and new loan facilities for the 2022 and 2021 financial years and no breaches were noted. For the 2022 financial year, the group's interest cover ratio was 43.4 times (2021: 42.8 times), while the group's leverage was 0.1 (2021: 0.1). As mentioned above, the tangible net worth to total net debt ratio was removed as a loan covenant during the current financial year (2021: 57.8). Management believes that it is very likely that the covenant requirements will be met in the foreseeable future given the current earnings and debt levels. The cash flows from the refinancing process were directed by Harmony and are therefore reflected in the cash flow statement. The transaction costs of R172 million are included as part of the interest paid line in the cash flow statement. 32 Borrowings continued Interest-bearing borrowings SA Rand Figures in million 2022 2021 Non-current borrowings R2 billion facility — 153 Balance at beginning of year 153 1 351 Repayments (450) (1 050) Transferred (to)/from current liabilities 300 (150) Amortisation of issue cost (3) 2 Westpac fleet loan — 22 Balance at beginning of year 22 132 Repayments (94) (96) Transferred from current liabilities 62 18 Translation 10 (32) R2.5 billion facility – sustainability linked — — Balance at beginning of year — — Issue costs (26) — Reclassification to prepayments (Trade receivables) 26 — R1.5 billion term facility (Green loan) — — Balance at beginning of year — — Issue costs (15) — Reclassification to prepayments (Trade receivables) 15 — US$400 million facility – sustainability linked 3 180 — Balance at beginning of year — — Draw down 3 057 — Issue cost (76) — Amortisation of issue costs 1 — Translation 198 — US$400 million facility — 2 799 Balance at beginning of year 2 799 5 980 Issue cost — (11) Repayments (3 057) (2 347) Amortisation of issue costs 55 39 Translation 203 (862) Total non-current borrowings 3 180 2 974 SA Rand Figures in million 2022 2021 Current borrowings R2 billion facility — 300 Balance at beginning of year 300 150 Transferred (to)/from non-current liabilities (300) 150 Westpac fleet loan 25 87 Balance at beginning of year 87 105 Transferred to non-current liabilities (62) (18) Total current borrowings 25 387 Total interest-bearing borrowings 3 205 3 361 32 Borrowings continued Interest-bearing borrowings continued SA Rand Figures in million 2022 2021 The maturity of borrowings is as follows: Current 25 387 Between one to two years — 175 Between two to three years 3 180 2 799 3 205 3 361 SA Rand Figures in million 2022 2021 Undrawn committed borrowing facilities Expiring within one year — — Expiring after one year 7 254 4 254 7 254 4 254 2022 2021 Effective interest rates (%) R2 billion facility 6.7 6.6 Westpac fleet loan 3.4 3.4 US$400 million facility 3.4 4.0 US$400 million – sustainability linked 4.3 —

Trade and Other Payables

Trade and Other Payables	12 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Trade and Other Payables	Trade and other payables Accounting policy The group accrues for the cost of the leave days granted to employees during the period in which the leave days accumulate. SA Rand Figures in million 2022 2021 Financial liabilities Trade payables 1 266 1 269 Lease liability – current 1 197 107 Other liabilities 328 129 Non-financial liabilities Payroll accruals 832 847 Leave liabilities (a) 770 731 Shaft-related liabilities 841 928 Other accruals 92 211 Value added tax 156 163 Income and mining tax 12 4 Total trade and other payables 4 494 4 389 1 Refer to note 28 for an analysis of the lease liability. 33 Trade and other payables continued (a) Employee entitlements to annual leave are recognised on an ongoing basis. An accrual is made for the estimated liability for annual leave as a result of services rendered by employees up to the balance sheet date. The movement in the liability recognised in the balance sheet is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 731 537 Benefits paid (762) (583) Total expense per income statement 787 630 Translation (gain)/loss 14 (25) Acquisitions 1 — 172 Balance at end of year 770 731 1 Acquisition of the Mponeng operations and related assets. Refer to note 14 for detail.

Cash Generated by Operations

Cash Generated by Operations	12 Months Ended
	Jun. 30, 2022
Cash Generated By Operations [Abstract]
Cash Generated by Operations	Cash generated by operations SA Rand Figures in million 2022 2021 2020 Reconciliation of profit/(loss) before taxation to cash generated by operations Profit/(loss) before taxation (1 058) 6 382 (595) Adjustments for: Amortisation and depreciation 3 683 3 877 3 508 Impairment of assets 4 433 1 124 — Share-based payments 145 160 180 Net decrease in provision for post-retirement benefits (14) (13) (12) Net increase in provision for environmental rehabilitation 71 135 — Profit on sale of property, plant and equipment (24) (11) (2) Loss on scrapping of property, plant and equipment 7 161 62 Profit from associates (63) (83) (94) Investment income (352) (244) (375) ARM BBEE day one expense — (87) — Finance costs 718 661 661 Inventory revaluation adjustments 21 69 (70) Foreign exchange translation difference 338 (810) 989 Non-cash portion of (gains)/losses on derivatives 252 (1 204) 1 382 Day one loss amortisation (49) (47) 40 Streaming contract revenue (471) (397) — Silicosis settlement provision – net (86) (90) (119) Gain on bargain purchase — (303) — Contingent consideration remeasurement (61) (127) — Provision for obsolete stock 82 10 7 Increase in gold in lock-up (71) (17) (4) Loss allowance 22 47 63 Other non-cash adjustments 14 (43) (42) Effect of changes in operating working capital items (Increase)/decrease in Receivables 21 (339) (349) Increase in Inventories (232) (37) (150) Increase/(decrease) in Payables 52 967 (49) Cash generated by operations 7 378 9 741 5 031 34 Cash generated by operations continued Additional cash flow information The income and mining taxes paid in the statement of cash flow represents actual cash paid less refunds received. Investment income from restricted investments is considered non-cash for the purposes of the cash flow statement. Included in investment income is interest earned from restricted investments of R185 million (2021: R174 million) (2020: R163 million). At 30 June 2022, R7 254 million (2021: R4 254 million) (2020: R1 336 million) of borrowing facilities had not been drawn and are therefore available for future operational activities and future capital commitments. Refer to note 32. (a) Principal non-cash transactions Share-based payments (refer to note 36). .

Employee Benefits

Employee Benefits	12 Months Ended
	Jun. 30, 2022
Employee Benefits [Abstract]
Employee Benefits	Employee benefits Accounting policy • Pension, provident and medical benefit plans are funded through monthly contributions. The group pays fixed contributions into a separate entity in terms of the defined contribution pension, provident and medical plans which are charged to the income statement in the year to which they relate. The group's liability is limited to its monthly determined contributions and it has no further liability, legal or constructive, if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Refer to note 27 for details of the post-retirement medical benefit plan. • Termination benefits are payable when employment is terminated before the normal retirement date, or whenever an employee accepts voluntary redundancy in exchange for these benefits. The group recognises termination benefits at the earlier of the following dates: (a) when the group can no longer withdraw the offer of those benefits; and (b) when the entity recognises costs for a restructuring that is within the scope of IAS 37 Provisions, Contingent Liabilities and Contingent Assets , and involves the payment of termination benefits. In the case of an offer made to encourage voluntary redundancy, the termination benefits are measured based on the number of employees expected to accept the offer. Benefits falling due more than 12 months after balance sheet date are discounted to present value. 2022 2021 Number of permanent employees as at 30 June: South African operations 35 989 36 860 International operations 1 1 620 1 599 Total number of permanent employees 37 609 38 459 SA Rand Figures in million 2022 2021 Aggregate earnings The aggregate earnings of employees including executive directors were: Salaries and wages and other benefits (excluding share-based payments) 15 485 14 079 Retirement benefit costs 1 125 929 Medical aid contributions 363 316 Total aggregated earnings 2 16 973 15 324 1 The Wafi-Golpu joint operation's employees included in the total is 56 (2021: 59). 2 These amounts have been included in cost of sales, corporate expenditure and capital expenditure. The increase during the 2022 financial year is mainly due to the inclusion of employee costs for the Mponeng operations and related assets as they contributed for the full year compared to nine months in 2021. Annual inflationary increases also impact on the total. During the 2022 financial year, R227 million (2021: R371 million) was included in the payroll costs for termination costs. Termination costs include the cost relating to the voluntary retrenchment and restructuring process as well as retrenchments due to shaft closures.

Share-Based Payments

Share-Based Payments	12 Months Ended
	Jun. 30, 2022
Share-based payment arrangements [Abstract]
Share-Based Payments	Share-based payments Accounting policy The group operates the following employee share incentive plans where the group granted share options to certain employees in exchange for services received: • The 2006 equity-settled share-based payments plan (2006 share plan) • The equity-settled Sisonke Employee Share Ownership Plan (Sisonke ESOP) initially awarded in 2019 • The equity-settled Management Deferred Share Plan (DSP) initially awarded in 2020. Equity-settled share-based payments are measured at fair value that includes market performance conditions but excludes the impact of any service and non-market performance conditions of the equity instruments at the date of the grant. The share-based payments are expensed over the vesting period, based on the group's estimate of the shares that are expected to eventually vest. The group used an appropriate option pricing model in determining the fair value of the options granted. Non-market vesting conditions are included in assumptions about the number of options that are expected to vest. At each balance sheet date, the estimates of the number of options that are expected to become exercisable are revised. The impact of the revision of original estimates, if any, is recognised in the income statement, with a corresponding adjustment to equity. The proceeds received (if any) net of any directly attributable transaction costs are credited to share capital and premium when the options are exercised. Critical accounting estimates and judgements The fair value of options granted under the 2006 plan was determined using a Monte Carlo valuation model. The significant inputs into the model are: vesting period, risk-free interest rate, volatility, price on date of grant and dividend yield. There were no options granted under the 2006 plan in the current financial period. The fair value of the options granted under the Sisonke ESOP was based on the Harmony spot share price of R28.29 at grant date as there were no market conditions attached to the grant. The fair value of options granted under the DSP: Fair value 18 September 2019 - First issue R45.89 - R56.87 18 September 2020 - Second issue R74.90 20 September 2021 - Third issue R45.58 - R57.93 The fair value of the first and second issue of options granted under the DSP was based on the Harmony spot share price at each grant date, as there were no market conditions attached to the grant. The fair value of the third issue of options granted under the DSP was determined using a Monte Carlo valuation model. The significant inputs into the model are: DSP 20 September 2021 - Third issue Risk-free interest rate 5.71% - 6.93% Expected volatility 59.59% - 62.51% Expected dividend yield 2.02% - 3.41% Spot price on grant date R54.06 - R62.43 Vesting period (from grant date) 1 3/5 years 1 Please refer to Vesting under Options granted under the Management Deferred Share Plan below. Employee share-based payments The objective of these schemes is to recognise the contributions of employees to the group's financial position and performance and to retain key employees. Executive management is encouraged to retain shares when they vest and a minimum shareholding requirement has been introduced to achieve this. This shareholding is meant to align shareholder and executive objectives to grow total shareholder return. 36 Share-based payments continued Employee share-based payments continued The total cost relating to employee share-based payments is made up as follows: SA Rand Figures in million 2022 2021 2006 share plan — 26 Sisonke ESOP 109 61 Management DSP 91 69 Total employee share-based payments 200 156 The directors are authorised to issue up to 60 011 669 ordinary shares to participants who have received awards in accordance with Harmony's employee share incentive schemes. Subsequent to the annual general meeting held on 1 December 2010, 53 482 588 shares have been issued in terms of the various share schemes. At 30 June 2021, no share option awards are outstanding for the 2006 share plan. At 30 June 2022, no share option awards are outstanding for the Sisonke ESOP Plan. In December 2018, the board approved the new Total Incentive Plan for management which includes deferred shares. The first allocations under the new plan occurred in October 2019, the second and third allocation occurring in October 2020 and 2021, respectively. Our shareholders have authorised up to 25 000 000 shares of the issued share capital to be used for this plan. The 2006 share plan consists of share appreciation rights (SARs), performance shares (PS) and restricted shares (RS). The share plan is equity-settled. Award Vesting Performance criteria SARs SARs will vest in equal thirds in year three (33.33%), four (33.33%) and five (33.33%), subject to the performance conditions having been satisfied. The SARs will have an expiry date of six years from the grant date and the offer price equals the closing market prices of the underlying shares on the trading date immediately preceding the grant. 2014 allocation: The group's headline earnings per share must have grown since the allocation date by more than the South African Consumer Price Index (CPI). PS The PS will vest after three years from the grant date, if and to the extent that the performance conditions have been satisfied. 2017 allocation: • 50% of the number of rights awarded are linked to the total shareholder return of the group on an absolute basis. • 50% of the number of rights awarded are linked to the total shareholder return of the group as compared to that of the South African gold index. RS The RS will vest after three years from grant date. The participant is still employed within the group. Termination of employees' participation in the share plan is based on "no fault" and "fault" definitions: • Fault All unvested and unexercised SARs and all PS and RS not yet vested are lapsed and cancelled • No fault Accelerated vesting occurs and all unvested and unexercised share options are settled in accordance with the rules of the plan. Activity on share options SARs PS Activity on options and rights granted but not yet exercised Number of options and rights Weighted average Number of rights For the year ended 30 June 2021 Balance at beginning of year 377 333 18.41 12 415 024 Options exercised (371 008) 18.41 (11 928 241) Options forfeited and lapsed (6 325) 18.41 (486 783) Balance at end of year — — — There were no SARS, RS and PS balances during the 2022 financial year and no RS balances during the 2021 financial year. SA Rand Figures in million 2022 2021 Gain realised by participants on options and rights traded during the year — 807 Fair value of options and rights exercised during the year — 807 36 Share-based payments continued Options granted under the Sisonke ESOP In December 2017, Harmony approved the establishment of the Sisonke ESOP with the aim to facilitate beneficial interest and ownership by non-managerial employees in South Africa (the beneficiaries) of Harmony shares in order to: • Facilitate economic empowerment of Harmony’s employees • Incentivise Harmony’s employees, so as to promote the shared interests of employees and shareholders in the value growth of Harmony • Further align the interests of the Harmony shareholders and those of the employees of Harmony. The shares were issued to the Harmony ESOP Trust (the Trust) on 15 January 2019, which is also the date on which the required service period of three years commenced. Each beneficiary under the scheme was awarded 225 Participation Units (PU). The Sisonke ESOP is equity-settled. Award Vesting Performance criteria PU* The PU will vest after three years from the date on which the service period commenced. The participant is still employed within the group. * The term Participation Units means the vested rights of a beneficiary to an equal number of Harmony shares held by the Trust. Termination of employees' participation in the share scheme is based on "no fault" and "fault" definitions: • Fault All unvested and unexercised PU not yet vested are lapsed and cancelled • No fault Accelerated vesting occurs and all unvested and unexercised PU are settled in accordance with the rules of the plan. Activity on share options Number of PU Activity on PU granted but not exercised 2022 2021 Balance at beginning of year 6 311 667 6 768 562 Options granted 40 064 106 994 Options exercised (6 254 608) (441 548) Options forfeited and lapsed (97 123) (122 341) Balance at end of year — 6 311 667 2022 2021 Gain realised by participants on options exercised during the year (R million) 397 31 Weighted average share price at the date of exercise (SA Rand) 58.20 70.90 Remaining life (years) — 0.5 Options granted under the Management Deferred Share Plan Harmony implemented the Total Incentive Plan, comprising a long-term Deferred Share Plan (DSP) and a short-term annual cash payment with effect from 1 July 2019. The total incentive for each management-level employee is determined every year through a balanced scorecard calculation. The balanced scorecard result includes a number of key short- and long-term company performance measures (to be measured over trailing three- and one-year periods). The measures are reviewed and defined annually with appropriate weightings. A portion of the total incentive is paid immediately in cash and the balance is settled by means of deferred shares. Award Vesting Performance criteria DS* The awards will vest at a rate of 20% per annum over the following five years for executive directors and prescribed officers, and one-third per annum over the following three years for qualifying management. The participant is still employed within the group. * Deferred shares. During December 2021 shareholders approved the introduction of “no fault” termination effective 7 December 2021. Termination of employees' participation in the share scheme is based on "no fault" and "fault" definitions: • Fault All unvested and unexercised DS not yet vested are lapsed and cancelled • No fault All unvested and unexercised DS will continue in force to vest on the original vesting dates in accordance with the rules of the plan. The update of “no fault” termination will ensure that executives who leave the company in good standing, for example due to retirement, will continue to be exposed to the company share price for the remainder of the vesting periods of unvested awards. It will encourage and reward their focus on sustainability and succession during their tenure. 36 Share-based payments continued Employee share-based payments continued Options granted under the Management Deferred Share Plan continued 2022 2021 18 September 2019 – 3 years Gain realised by participants on options exercised during the year (R million) 13 28 Weighted average share price at the date of exercise (SA Rand) 47.24 87.86 Remaining life (years) 0.2 1.2 18 September 2019 – 5 years Gain realised by participants on options exercised during the year (R million) 2 2 Weighted average share price at the date of exercise (SA Rand) 51.74 87.86 Remaining life (years) 2.2 3.2 18 September 2020 – 3 years Gain realised by participants on options exercised during the year (R million) 13 — Weighted average share price at the date of exercise (SA Rand) 47.24 — Remaining life (years) 1.2 — 18 September 2020 – 5 years Gain realised by participants on options exercised during the year (R million) 2 — Weighted average share price at the date of exercise (SA Rand) 49.55 — Remaining life (years) 3.2 — Activity on share options Number of DS Activity on DS granted but not exercised 2022 2021 Balance at beginning of year 2 102 523 1 162 152 Options granted 3 298 489 1 356 715 Options exercised (641 562) (331 466) Options forfeited and lapsed (310 159) (84 878) Balance at end of year 4 449 291 2 102 523 List of options granted but not yet exercised (listed by grant date) Number of options Remaining life (years) As at 30 June 2022 Deferred shares 18 September 2019 – 3 years 284 525 0.2 18 September 2019 – 5 years 172 243 2.2 18 September 2020 – 3 years 570 777 1.2 18 September 2020 – 5 years 268 395 3.2 20 September 2021 – 3 years 2 369 559 2.2 20 September 2021 – 5 years 783 792 4.2 Total options granted but not yet exercised 4 449 291

Related Parties

Related Parties	12 Months Ended
	Jun. 30, 2022
Related Party [Abstract]
Related Parties	Related parties None of the directors or major shareholders of Harmony or, to the knowledge of Harmony, their families, had an interest, directly or indirectly, in any transaction from 1 July 2019 or in any proposed transaction that has affected or will materially affect Harmony or its subsidiaries, other than as stated below. Directors and other key management Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the group, directly or indirectly, including any director (whether executive or otherwise) of the group. 37 Related parties continued Directors and other key management continued The directors' remuneration is as follows: SA Rand Figures in million Executive directors Non-executive directors 2022 Salaries 21 — Retirement contributions 3 — Bonuses 14 — Exercise/settlement of share options 2 — Directors' fees — 13 Total 40 13 2021 Salaries 24 — Retirement contributions 3 — Bonuses 16 — Exercise/settlement of share options 105 — Directors' fees — 13 Total 148 13 On 7 December 2021, Harmony announced the retirement of Ms Fikile De Buck and Dr Simo Lushaba as independent non-executive directors with effect from 7 December 2021. On 21 February 2022, Ms Melanie Naidoo-Vermaak and Mr Anton Buthelezi were appointed as senior executive: Sustainable Development and senior executive: Human Capital respectively and have been classified as prescribed officers. On 19 May 2022, Harmony announced the appointment of Mr Bongani Nqwababa and Mr Martin Prinsloo to the board of directors of Harmony as independent non-executive directors with effect from 18 May 2022. On 28 June 2022, Harmony announced the resignation of Mr Modise Motloba as a non-independent non-executive director with effect from 27 June 2022. The following directors and prescribed officers owned shares in Harmony at year-end: Number of shares Name of director/prescribed officer 2022 2021* Directors Peter Steenkamp 1 772 589 746 085 Boipelo Lekubo 1 15 988 3 581 Andre Wilkens 101 301 101 301 Harry 'Mashego' Mashego 1 14 875 3 319 Prescribed officers Beyers Nel 1,4 110 207 198 622 Philip Tobias 1,2,4 n/a 321 084 Marian van der Walt 1,4 100 000 159 438 Melanie Naidoo-Vermaak 1,3 7 966 n/a Johannes van Heerden 1,4 30 734 6 156 * Certain figures have been revised. Refer to footnote 4 below. 1 The balance of shares held is attributable to shares held privately and in terms of the minimum shareholding requirement as set out in our remuneration policy. 2 Philip Tobias resigned effective 14 November 2021. 3 Melanie Naidoo-Vermaak classified as a prescribed officer effective 21 February 2022. 4 During the year, a misstatement was identified in the balance of the shares owned by certain prescribed officers for the year ended 30 June 2021. The previously disclosed balance at 30 June 2021 did not consider shares traded in the prescribed officers' personal capacity, and as a result were misstated. These figures have been revised. Shares held at 30 June 2021 were previously disclosed as: Beyers Nel, 216 175 shares, Marian van der Walt, 139 356 shares, Philip Tobias, 347 462 shares and Johannes van Heerden, 166 156 shares. 37 Related parties continued Modise Motloba, Harmony’s former deputy chairman (refer above), is a director of Tysys (Proprietary) Limited (Tysys). Tysys entered into a contract with the group during the 2017 financial year to provide services relating to the group’s small and medium enterprise development projects. The contract has a value of up to R5 million per annum. Approximately R5 million (2021: R5 million) was paid during the 2022 financial year relating to services rendered in the current and prior financial years. The contract has a 30-day notice period. There were no other changes to the directors' interest between the reporting date and the date of the approval of the financial statements other than indicated above. Other related parties All the production of the group’s South African operations is sent to Rand Refinery in which Harmony holds a 10.38% interest. Refer to note 21. SA Rand Figures in million 2022 2021 Sales and services rendered to related parties Joint operations 4 3 Total 4 3 SA Rand Figures in million 2022 2021 Purchases and services acquired from related parties Directors 5 5 Associates 51 55 Total 56 60

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2022
Other provisions, contingent liabilities and contingent assets [Abstract]
Commitments and Contingencies	Commitments and contingencies Commitments and guarantees SA Rand Figures in million 2022 2021 Capital expenditure commitments Contracts for capital expenditure 1 1 839 341 Share of joint operation's contracts for capital expenditure 105 32 Authorised by the directors but not contracted for 6 300 7 425 Total capital commitments 8 244 7 798 1 The increase year on year relates predominantly to the Kareerand Expansion project at MWS, for which regulatory approvals were obtained during June 2022. This expenditure will be financed from existing resources and, where appropriate, borrowings. Contractual obligations in respect of mineral tenement leases amount to R16 million (2021: R17 million). This relates to the Wafi-Golpu joint operation. SA Rand Figures in million 2022 2021 Guarantees Guarantees and suretyships 500 481 Environmental guarantees 1 479 479 Total guarantees 979 960 1 At 30 June 2022 R150 million (2021: R146 million) has been pledged as collateral for environmental guarantees in favour of certain financial institutions. Refer to note 17. 38 Commitments and contingencies continued Commitments and guarantees continued Contingent liabilities Critical accounting estimates and judgements Contingencies will only realise when one or more future events occur or fail to occur. The exercise of significant judgement and estimates of the outcome of future events are required during the assessment of the impact of such contingencies. Litigation and other judicial proceedings as a rule raise difficult and complex legal issues and are subject to uncertainties and complexities including, but not limited to, the facts and circumstances of each particular case, issues regarding the jurisdiction in which the suit is brought and differences in applicable law. Upon resolution of any pending legal matter, the group may be forced to incur charges in excess of the presently established provisions and related insurance coverage. It is possible that the financial position, results of operations or cash flows of the group could be materially affected by the outcome of the litigation. The following contingent liabilities have been identified: (a) On 1 December 2008, Harmony issued 3 364 675 Harmony shares to Rio Tinto Limited (Rio Tinto) for the purchase of Rio Tinto’s rights to the royalty agreement entered into prior to our acquisition of the Wafi deposits in PNG. The shares were valued at R242 million on the transaction date. An additional US$10 million in cash will be payable when the decision to mine is made. Of this amount, Harmony is responsible for paying the first US$6 million, with the balance of US$4 million being borne equally by the joint operators. (b) The group may have a potential exposure to rehabilitate groundwater and radiation that may exist where the group has and/or continues to operate. The group has initiated analytical assessments to identify, quantify and mitigate impacts if and when (or as and where) they arise. Numerous scientific, technical and legal studies are underway to assist in determining the magnitude of the contamination and to find sustainable remediation solutions. The group has instituted processes to reduce future potential seepage and it has been demonstrated that Monitored Natural Attenuation (MNA) by the existing environment will contribute to improvement in some instances. Water treatment facilities were successfully implemented at Doornkop, Tshepong Operations and Kusasalethu. These facilities are now assisting in reducing our dependency on state-supplied potable water and will be key in managing any post closure decant should it arise. In terms of Free State operations, Harmony has taken the initiative to develop a comprehensive regional closure plan in addition to updating the regional water balance, which will ensure that there is sufficient water for our organic growth initiatives. The geohydrological studies confirm that there is no risk of decant in Welkom. Should the studies result in different solutions than the ones initially proposed, or the regulators do not approve the proposed plans, which then results in the group being required to record and account for the contingencies as liabilities, it could then have a material impact on the financial statements of the group. (c) Due to the interconnected nature of mining operations in South Africa, any proposed solution for potential flooding and potential decant risk posed by deep groundwater needs to be a combined one, supported by all the mines located in these goldfields. As a result, the Department of Mineral Resources and Energy and affected mining companies require the development of a regional mine closure strategy. Harmony operations have conducted a number of specialist studies and the risk of surface decant due to rising groundwater levels has been obviated at the entire Free State region and Kalgold. Additional studies have been commissioned at Doornkop and Kusasalethu. Studies that have been conducted indicate that there is no risk of decant from Doornkop and Kusasalethu, but it is recommended that confirmatory studies be completed. In addition, the decant from the KOSH groundwater system tied with our Moab Khotsong operation has been managed through an appropriate groundwater closure plan and sufficient provision has been set aside for this. Therefore, there is no contingency arising from these operations. Preliminary studies have also been completed to manage and mitigate the seepage from tailings facilities acquired as part of the Mponeng operations and related assets. Seepage is evident at these facilities and desktop studies have been completed to mitigate the seepage. An initial estimate to manage and mitigate the seepage based on these studies has been considered as part of the fair value exercise in terms of IFRS 3. Further feasibility studies will be conducted to refine these estimates in the future. Should the additional studies result in different solutions than the ones initially proposed, or the regulators do not approve the proposed plans, it might result in a change in estimate to the recorded liabilities or the group recording liabilities over and above the current provisions. 38 Commitments and contingencies continued Commitments and guarantees continued Contingent liabilities continued (d) The individual Harmony mining operations have applied for the respective National Water Act, Section 21 Water Use Licenses to the Department of Water and Sanitation (DWS). The respective Water Use License Applications have subsequently not yet been approved by DWS for our Free State operations and Doornkop. Notably, the Department issued a Water Use Licence for the expansion of the Kareerand Tailings Facility operated by Mine Waste Solutions. The Water Use Licence conditions for the respective operations without a Water Use License are subsequently not yet known and the subsequent potential water resource impact liability as part of the mine rehabilitation and closure process (to which DWS is an important participant and decision maker) is uncertain. All operations continue to operate legally and responsibly. (e) In terms of the sale agreements entered into with Rand Uranium, Harmony retained financial exposure relating to environmental disturbances and degradation caused by it before the effective date, in excess of R75 million of potential claims. Rand Uranium is therefore liable for all claims up to R75 million and retains legal liability. The likelihood of potential claims cannot be determined presently and no provision for any liability has been made in the financial statements.

Financial Risk Management

Financial Risk Management	12 Months Ended
	Jun. 30, 2022
Financial Instruments [Abstract]
Financial Risk Management	Financial risk management The group's operating activities expose it to a variety of financial risks: market risk (including commodity price risk, foreign exchange risk, interest rate risk and other price risk), credit risk and liquidity risk. The group may use derivative financial instruments to hedge certain risk exposures. The group's financial assets and liabilities are classified as set out below: SA Rand Figures in million Debt instruments at amortised cost Equity instruments designated Derivatives designated as cash flow hedges Derivatives at fair value through profit or loss Debt instruments at fair value through profit or loss Financial liabilities at amortised cost At 30 June 2022 Financial assets Restricted cash and investments 4 128 292 — — 1 162 — Other non-current assets 15 75 — — 148 — Non-current derivative financial instruments — — 131 6 — — – Rand gold hedging contracts — — 113 — — — – US$ gold hedging contracts — — 18 — — — – US$ silver contracts — — — 6 — — Current derivative financial instruments — — 436 83 — — – Rand gold hedging contracts — — 410 — — — – US$ gold hedging contracts — — 26 — — — – Foreign exchange contracts — — — 12 — — – US$ silver contracts — — — 71 — — Trade and other receivables 938 — — — — — Cash and cash equivalents 2 448 — — — — — Financial liabilities Non-current derivative financial instruments — — 3 — — — – US$ gold hedging contracts — — 3 — — — Current derivative financial instruments — — 8 — — — – US$ gold hedging contracts — — 8 — — — Borrowings — — — — — 3 205 Contingent consideration liability — — — 356 — Other non-current liabilities — — — — — 263 Trade and other payables — — — — — 1 791 39 Financial risk management continued SA Rand Figures in million Debt instruments Equity instruments designated Derivatives designated Derivatives Debt instruments Financial liabilities at amortised At 30 June 2021 Financial assets Restricted cash and investments 3 656 252 — — 1 391 — Other non-current assets 16 74 — — 177 — Non-current derivative financial instruments — — 319 9 — — – Rand gold hedging contracts — — 279 — — — – US$ gold hedging contracts — — 40 — — — – US$ silver contracts — — — 9 — — Current derivative financial instruments — — 1 087 384 — — – Rand gold hedging contracts — — 1 079 — — — – US$ gold hedging contracts — — 8 — — — – Foreign exchange contracts — — — 383 — — – US$ silver contracts — — — 1 — — Trade and other receivables 979 — — — — — Cash and cash equivalents 2 819 — — — — — Financial liabilities Non-current derivative financial instruments — — — 6 — — – US$ silver contracts — — — 6 — — Current derivative financial instruments — — 114 92 — — – Rand gold hedging contracts — — 41 — — — – US$ gold hedging contracts — — 73 — — — – US$ silver contracts — — — 92 — — Borrowings — — — — — 3 361 Contingent consideration liability — — — — 417 — Other non-current liabilities — — — — — 173 Trade and other payables — — — — — 1 505 Risk management is carried out by a central treasury department (Group treasury) under policies approved by the board of directors. Group treasury identifies, evaluates and hedges certain selected financial risks in close cooperation with the group's operating units. The audit and risk committee and the board provide written principles for overall risk management, as well as written policies covering specific areas, such as commodity price risk, foreign exchange risk, interest rate risk, credit risk, use of derivative financial instruments and non-derivative financial instruments, and the investment of excess liquidity. Foreign exchange risk The group operates internationally and is exposed to foreign exchange risk arising from various currency exposures, primarily with respect to the US dollar (US$). Foreign exchange risk arises when future commercial transactions or recognised financial assets or liabilities are denominated in a currency that is not the entity’s functional currency. Harmony’s revenues are sensitive to the R/US$ exchange rate as all revenues are generated by commodity sales denominated in US$. Harmony may enter into hedging transactions to reduce this risk. The limit currently set by the board is 25% of the group's foreign exchange risk exposure for a period of 24 months. Refer to note 19 and the fair value determination for financial assets and liabilities section below for details of the contracts. The audit and risk committee reviews the details of the programme quarterly. The Rand weakened during the current financial year, from R14.27/US$1 on 30 June 2021 to close at R16.27/US$1 on 30 June 2022. The weakening negatively impacted on the derivative valuations of contracts that were outstanding at 30 June 2022. 39 Financial risk management continued Market risk continued Foreign exchange risk continued The group is exposed to foreign exchange risk arising from borrowings and cash denominated in a currency other than the functional currency of that entity (refer to note 2.2 for details on the group's functional currencies). As of 1 October 2020, the contingent consideration liability has also been included. Refer to note 29 for details. These exposures are mainly to the US$. The Rand's levels impacted negatively on the translation of the US$ debt facilities at 30 June 2022. Refer to note 32 for further detail. Translation of the international net assets was impacted by a weakening of the Rand against the Australian dollar from R10.72/A$1 at 30 June 2021 to R11.25/A$1 on 30 June 2022. A gain of R742 million has been recognised in other comprehensive income relating to the translation of the international net assets to Rand. The group has reviewed its foreign currency exposure on financial assets and financial liabilities and has identified the following sensitivities in the exchange rates that would affect profit and loss: • Rand/US$ exchange rate – 4% (2021: 6%) based on the standard deviation from a one-year forecast of various financial institution outlooks • A$/US$ exchange rate – 4% (2021: 4%) based on the standard deviation from a one-year forecast of various financial institution outlooks • PGK/US$ exchange rate – 0.1% (2021: 1%). The Papua New Guinean (PNG) government has fixed the exchange rate of the Kina to the US$ and adjusts it occasionally. These adjustments are very small and would not result in any significant impact on profit or loss. SA Rand Figures in million 2022 2021 Sensitivity analysis – borrowings Rand against US$ Balance at 30 June 3 180 2 806 Strengthen by 4% (FY21: 6%) 127 168 Weaken by 4% (FY21: 6%) (127) (168) Closing rate 16.27 14.27 US$ against Kina Balance at 30 June 25 109 Strengthen by 0.1% (FY21: 1%) — 1 Weaken by 0.1% (FY21: 1%) — (1) Closing rate 0.28 0.29 Sensitivity analysis – contingent consideration liability Rand against US$ Balance at 30 June 356 417 Strengthen by 4% (FY21: 6%) 14 25 Weaken by 4% (FY21: 6%) (14) (25) Closing rate 16.27 14.27 SA Rand Figures in million 2022 2021 Sensitivity analysis – other financial instruments Rand against US$ Balance at 30 June 12 383 Strengthen by 4% (FY21: 6%) 19 105 Weaken by 4% (FY21: 6%) (26) (127) Closing rate 16.27 14.27 US$ against A$ Balance at 30 June 268 723 Strengthen by 4% (FY21: 4%) 10 28 Weaken by 4% (FY21:4%) (11) (30) Closing rate 0.69 0.75 Commodity price sensitivity The profitability of the group’s operations, and the cash flows generated by those operations, are affected by changes in the market price of gold, and in the case of Hidden Valley, silver as well. Harmony entered into Rand gold and US dollar forward gold sale contracts to manage the variability in cash flows from the group’s production to create cash certainty and protect the group against lower commodity prices. The general limit for gold hedging currently set by the board is 20% for a 24-month period. The limit set by the board is 50% of silver exposure over a 24-month period. Management continues to top up these programmes as and when opportunities arise to lock in attractive margins for the business, but are not required to maintain hedging at these levels. The audit and risk committee reviews the details of the programme quarterly. The exposure to the variability in the price of gold is managed by entering into gold forward sales contracts for a portion of the group's production. A portion of the production of the South African operations is linked to Rand gold forward contracts and US$ gold forward contracts were entered into for the production from Hidden Valley. The exposure to the variability in the price of silver for Hidden Valley is managed by entering into US$/silver zero cost collars. These contracts have not been designated as hedging instruments for hedge accounting and the gains and losses are accounted for in the income statement. Refer to note 19 and the fair value determination for financial assets and liabilities section below for further detail on these contracts. The Rand weakened during the year (as discussed above), which had the effect of decreasing the gains on the contracts that matured during the 2022 financial year as well as negatively impacting those that were outstanding at 30 June 2022. The group has reviewed its exposure to commodity-linked instruments and identified a sensitivity of 9% (2021: 7%), based on the standard deviation of a one-year forecast gold price from various financial institution outlooks. The estimated sensitivity would affect other comprehensive income in the 2022 financial year. Only material commodity balances were considered when determining the need for a sensitivity analysis and therefore management has not performed a sensitivity analysis on silver commodities. SA Rand Figures in million 2022 2021 Sensitivity analysis Rand gold derivatives Other comprehensive income Increase by 9% (FY21: 7%) (1 001) (481) Decrease by 9% (FY21: 7%) 998 612 US$ gold derivatives Other comprehensive income Increase by 9% (FY21: 7%) 152 130 Decrease by 9% (FY21: 7%) (150) (128) Other price risk The group is exposed to the risk of fluctuations in the fair value of fair value through profit or loss financial assets as a result of changes in market prices (other than changes in interest rates and foreign currencies). Harmony generally does not use any derivative instruments to manage this risk. Sensitivity analysis Certain of the restricted investments are linked to the Top 40 Index on the JSE. Management considered a sensitivity of 13% (2021: 15%) as appropriate, based on the continuing volatility in the market as well as the magnitude of fluctuations within the last year’s historical data. A 13% increase in the Top 40 index at the reporting date, with all other variables held constant, would have increased profit or loss by R97 million (2021: R105 million) and an equal change in the opposite direction would have decreased profit or loss by R79 million (2021: R127 million). Interest rate risk The group's interest rate risk arises mainly from borrowings. The group has variable interest rate borrowings. Variable rate borrowings expose the group to cash flow interest rate risk. During the 2022 year, the US Federal Reserve increased the fund rate by 150 basis points. Similarly, the SARB increased the repo rate by 125 basis points causing the higher interest rates to have a non-favourable impact on the group's cost of debt. This was offset by lower debt balances. The SOFR (Secured Overnight Financing Rate) has been used for the refinanced US$ borrowings, as opposed to LIBOR (London Interbank Offered Rate) that was used for the historic borrowings. This is due to LIBOR being phased out. During the refinancing process, the group was able to secure slightly improved margins on its facilities. 39 Financial risk management continued Market risk continued Interest rate risk continued Even though it can be expected that the increase in the repo rate will result in a higher cost of debt as financial institutions will increase their lending rates, the group has not entered into interest rate swap agreements. The audit and risk committee reviews the group's risk exposure quarterly. Interest rate risk arising from borrowings is offset by cash and restricted cash and investments held at variable rates. As at 30 June 2022, management reasonably expects profit or loss before tax to increase/(decrease) by the following sensitivities: • A 88 basis points (2021: 25 basis points) finance cost movement based on the average of a one-year forecast of the South African prime interest rate from various financial institution outlooks • A 185 basis points (2021: 1 basis point) finance cost movement based on the average of a one-year forecast US Fed rate from various financial institution outlooks • A 88 basis points (2021: 25 basis points) sensitivity on interest received based on an average of a one-year forecast of the South African prime interest rate from various financial institution outlooks. The above analysis assumes that all other variables remain constant. SA Rand Figures in million 2022 2021 Sensitivity analysis – borrowings (finance costs) Rand-denominated borrowings Increase by 88 basis points (FY21: 25 basis points) — (1) Decrease by 88 basis points (FY21: 25 basis points) — 1 US$-denominated borrowings Increase by 185 basis point (FY21: 1 basis point) (59) — Decrease by 185 basis points (FY21: 1 basis point) 59 — Sensitivity analysis – financial assets (interest received) Increase by 88 basis points (FY21: 25 basis points) 59 16 Decrease by 88 basis points (FY21: 25 basis points) (59) (16) Credit risk Credit risk is the risk that a counterparty may default or not meet its obligations in a timely manner. Financial instruments that are subject to credit risk are restricted cash and investments, derivative financial instruments and cash and cash equivalents, as well as trade and other receivables (excluding non-financial instruments). Assessment of credit risk In assessing the creditworthiness of local institutions, management uses the national scale long-term ratings. The credit risk arising from cash and cash equivalents, restricted cash and investments, and derivative financial assets is managed by ensuring amounts are only invested with financial institutions of good credit quality based on external credit ratings and by assessing the underlying source of where the funds are invested. The group has policies that limit the amount of credit exposure to any one financial institution. The audit and risk committee reviews the exposure on a quarterly basis. Exposure to credit risk on trade and other receivables is monitored on a regular basis by management. At 30 June 2022, the rating of major SA banks remained unchanged at AA+, which is in line with the group's credit risk policy. The credit rating of the group's Australian counterparts remained unchanged at A+, resulting in the assessed ECL on cash and cash equivalents as well as restricted cash and investments remaining immaterial. An assessment of the expected credit losses for the financial assets measured at amortised cost at 30 June 2022 resulted in an immaterial amount for each instrument, in line with the assessment performed in 2021 (refer to the expected credit loss assessment below for further detail). Management will continue to review the underlying strength of the South African economy as well as the creditworthiness of the financial institutions during this time and make any changes deemed necessary to safeguard the assets and reduce the credit risk. The group’s maximum exposure to credit risk is represented by the carrying amount of all financial assets determined to be exposed to credit risk, amounting to R9 495 million as at 30 June 2022 (2021: R10 837 million). The Social Trust Fund of R19 million (2021: R19 million) has been invested in unit trust investments comprising interest-bearing instruments and shares in listed companies (refer to note 17). The group has also acquired a collective investment scheme in unit trusts of R49 million (2021: R47 million) and equity investments of R292 million (2021: R252 million) from the Mponeng operations and related assets acquisition in 2021 (refer to note 14 and 17). 39 Financial risk management continued Credit risk continued Financial institutions' credit rating by exposure (source: Fitch Ratings and Global Credit Ratings) SA Rand Figures in million 2022 2021 Cash and cash equivalents AA+ 1 711 1 738 AA 737 1 081 Total 2 448 2 819 Restricted cash and investments (refer to note 17) AAA 225 225 AA+ 4 997 4 756 Total 5 222 4 981 Derivative financial assets (refer to note 19) AA+ 226 629 AA 115 286 AA- 110 145 A+ 205 739 Total 656 1 799 Expected credit loss assessment The group recognises loss allowances for expected credit losses (ECLs) on financial assets measured at amortised cost. The group's debt instruments at amortised cost consist of cash and cash equivalents, a portion of restricted cash and investments and trade and other receivables. The assessment of ECLs for the different debt instruments is discussed below: Cash and cash equivalents The cash and cash equivalents are held with banks and financial institutions which are rated between AA and AA+ (see above). The ECL on cash and cash equivalents has been determined using the simplification that allows the group to assume that the credit risk on financial instruments determined to have low credit risk at the reporting date, has not increased significantly since initial recognition of the financial instrument. The ECL was estimated with reference to a probability of default model using external credit ratings in determining the default risk of counterparties. The ECL was determined to be immaterial. Restricted cash and investments The restricted cash and investments relate largely to the environmental trust funds. These funds are held with banks and financial institutions that are rated AA+ (see above). As a result of the acquisition of Mponeng operations and related assets in 2021 (refer to note 14), the group obtained government bonds that are rated AAA (see above). Impairment of investments with investment-grade ratings has been determined using the simplification that allows the group to assume that the credit risk on financial instruments determined to have low credit risk at the reporting date, has not increased significantly since initial recognition of the financial instrument. The group considers that the majority of its restricted cash and investments have low credit risk based on the external credit ratings of the counterparties with which the funds are deposited. The ECL was estimated with reference to a probability of default model using external credit ratings in determining the default risk of counterparties. Concentration of credit risk on restricted cash and investments is considered minimal due to the group’s investment risk management and counterparty exposure risk management policies. Trade and other receivables The group’s exposure to credit risk arising from trade receivables (metals) and other trade receivables is influenced mainly by the individual characteristics of each customer. Trade receivables result largely from the sale of gold and are fully performing. Exposure to credit risk on receivables from gold sales is limited through payment terms of two to three days after recognition of revenue for gold sales. The majority of other receivables comprise a limited number of individually significant customers. The group determines the ECL on trade receivables and individually significant other receivable balances with reference to a probability of default model using external credit ratings in determining the default risk of counterparties. The external credit ratings used range between BBB to AA-. The ECL was determined to be immaterial. Loss allowances on individually insignificant other trade receivables has been determined using the simplified ECL approach using a provision matrix and reflects the short-term maturities of the exposures and past experienced credit judgement. Refer to note 20 for details on the amount of the loss allowance recognised and the stratification of trade and other receivables for purposes of the assessment. Liquidity risk Prudent liquidity risk management implies maintaining sufficient cash and marketable securities, and the availability of funding through an adequate amount of committed credit facilities. In the ordinary course of business, the group receives cash from its operations and is required to fund working capital and capital expenditure requirements. Management prepares cash flow forecasts weekly and ensures that surplus funds are invested in a manner to achieve market-related returns and to provide sufficient liquidity at the minimum risk. The group maintains and refinances committed credit facilities as medium-term forecasts require. The audit and risk committee reviews the updated forecasts quarterly. The group is able to actively source financing at competitive rates. Where necessary, funds will be drawn from its revolving credit facilities (refer to note 32). The following are the undiscounted contractual maturities of financial liabilities (including principal and interest payments assuming the closing R/US$ exchange rate and interest rate at year end): SA Rand Figures in million 2022 2021 Current More than Current More than Contingent consideration liability 1 — 515 — 647 Other non-current liabilities 2 — 18 — 19 Lease liability 206 338 112 225 Trade and other payables (excluding non-financial liabilities) 2,3 1 594 — 1 398 — Derivative financial liabilities 3 9 3 285 11 Borrowings 3 : Due between 0 to six months 97 — 256 — Due between six to 12 months 68 — 249 — Due between one to two years — 137 — 267 Due between two to three years 4 — 3 251 — 2 877 Total 1 974 4 262 2 300 4 046 1 The majority of this balance is expected to be settled between four to five years. 2 These balances exclude the lease liability as it has been disclosed separately. 3 The group will utilise its cash generated from operations to settle outstanding obligations. 4 Final repayment of capital amount of R3 126 million (2021: R2 854 million) in May 2025. Capital risk management The primary objective of managing the group’s capital is to ensure that there is sufficient capital available to support the funding requirements of the group, in a way that optimises the cost of capital and matches the current strategic business plan. The group manages and makes adjustments to the capital structure, which consists of debt and equity, as and when borrowings mature or when funding is required. This may take the form of raising equity, market or bank debt or hybrids thereof. In doing so, the group ensures it stays within the debt covenants agreed with lenders. The group may also sell assets to reduce debt or schedule projects to manage the capital structure. The group's positive financial performance has resulted in generation of cash throughout the financial year, assisting in the repayment of old debt facilities (refer to note 32) and refinancing as mentioned in interest rate risk above. It remains the group's objective to adhere to a conservative approach to debt and maintain low levels of gearing. Net debt is as follows: SA Rand Figures in million 2022 2021 Cash and cash equivalents 2 448 2 819 Borrowings (3 205) (3 361) Net debt (757) (542) There were no changes to the group's approach to capital management during the year. Fair value determination for financial assets and liabilities The fair value levels of hierarchy are as follows: Level 1: Quoted prices (unadjusted) in active markets Level 2: Inputs other than quoted prices included within level 1 that are observable for the asset, either directly (that is, as prices) or indirectly (that is, derived from other prices) Level 3: Inputs for the asset that are not based on observable market data (that is, unobservable inputs). The following table sets out the group’s assets and liabilities measured at fair value by level within the fair value hierarchy: SA Rand Figures in million At 30 June 2022 At 30 June 2021 Level 1  Level 2  Level 3  Level 1 Level 2  Level 3  Fair value through other comprehensive income Other non-current assets (a) — — 75 — — 74 Restricted cash and investments (b) 292 — — 252 — — Fair value through profit or loss Restricted cash and investments (b) — 1 162 — — 1 391 — Derivative financial assets (c) — 656 — — 1 799 — Derivative financial liabilities (c) — (11) — — (212) — Loan to ARM BBEE Trust (d) — — 148 — — 177 Contingent consideration liability (e) — — (356) — — (417) (a) The majority of the balance relates to the equity investment in Rand Mutual Assurance. The fair value of the investment was estimated with reference to an independent valuation. A combination of the "Embedded Valuation" and "Net Asset Value" techniques were applied to revalue the investment at the reporting dates. In evaluating the group's share of the business, common practice marketability and minority discounts as well as additional specific risk discounts were applied. There are no inputs to the valuation that a reasonably possible change would result in a material change in the fair value of the investment. (b) The majority of the level 2 valued assets are directly derived from the Top 40 index on the JSE, and are discounted at market interest rates. This relates to equity-linked deposits in the group's environmental rehabilitation trust funds. The level 1 valued assets comprise listed equity securities designated as fair value through other comprehensive income instruments. The remaining balance of the environmental trust funds is carried at amortised cost and therefore not disclosed here. (c) The mark-to-market remeasurement of the derivative contracts was determined as follows: • Foreign exchange contracts comprise zero cost collars and FECs: The zero cost collars were valued using a Black-Scholes valuation technique derived from spot Rand/US$ exchange rate inputs, implied volatilities on the Rand/US$ exchange rate, Rand/US$ inter-bank interest rates and discounted at a market interest rate (zero-coupon interest rate curve). The value of the FECs is derived from the forward Rand/US$ exchange rate and discounted at a market interest rate (zero coupon interest rate curve) • Rand gold contracts (forward sale contracts): spot Rand/US$ exchange rate, Rand and dollar interest rates (forward points), spot US$ gold price, differential between the US interest rate and gold lease interest rate which is discounted at a market interest rate • US$ gold contracts (forward sale contracts): spot US$ gold price, differential between the US interest rate and gold lease interest rate and discounted at a market interest rate • Silver contracts (zero cost collars): a Black-Scholes valuation technique, derived from the spot US$ silver price, strike price, implied volatilities, time to maturity and interest rates and discounted at a market interest rate (d) At 30 June 2022, the fair value movement was calculated using a discounted cash flow model, taking into account forecast dividend payments over the estimated repayment period of the loan at a rate of 9.3% (2021: 7.9%). A 99 basis points (2021: 74 basis points) change in the discount rate, which would represent a reasonably possible change based on expected movements in lending rates, would not cause a material change in the fair value of the loan. The loan balance forms part of other non-current assets in the balance sheet. 39 Financial risk management continued Fair value determination for financial assets and liabilities continued (e) The contingent consideration liability related to the Mponeng operation (refer to note 29) was determined using the expected gold production profile for Mponeng at a post-tax real rate of 10.2% (2021: 10.3%). Should the expected gold production profile increase by 7.6% or decrease by 7.6%, the contingent consideration liability would increase by R251 million (2021: R208 million at 7%) or decrease by R189 million (2021: R183 million at 7%) respectively. This represents reasonably expected changes which were determined based on the standard deviation of previous years' production of the Mponeng operation. No other reasonably expected changes in key unobservable inputs would have caused a material change in the fair value of the liability. The carrying values (less any impairment allowance) of short-term financial instruments are assumed to approximate their fair values. This includes restricted cash and investments carried at amortised cost. The fair values of borrowings are not materially different to their carrying amounts since the interest payable on those borrowings is at floating interest rates.

Subsequent Events

Subsequent Events	12 Months Ended
	Jun. 30, 2022
Events after reporting period [Abstract]
Subsequent Events	Subsequent events (a) On 29 August 2022, a final dividend of 22 SA cents was declared, paid on 17 October 2022 (b) During the budgeting process for the 2023 financial year, a decision was taken to restructure the Tshepong Operations into two separate operations, being the Tshepong North and the Tshepong South operations. This decision was taken to create immediately profitable operations and had the impact of reducing the life-of-mine of Tshepong North from 19 years to seven years. From 1 July 2022, the operations will be reported on separately to the CODM and, as a result, be disclosed as two reportable segments. (c) On 6 October 2022, Harmony entered into an agreement with Copper Mountain Mining Corporation (Copper Mountain), to acquire its wholly-owned Eva Copper Project and its 2 295 km 2 exploration land package in Queensland, Australia (collectively the acquired assets) for a total consideration of up to US$230 million. Under the terms of the transaction, the acquisition consideration consists of the following: – US$170 million in upfront cash payable on closing of the transaction – Up to US$30 million in cash, based on a contingent payment arrangement where Harmony will pay Copper Mountain 10% of the incremental revenue generated from the acquired assets which is above revenue based on a US$3.80/lb copper price – Up to US$30 million in cash, based on a contingent payment arrangement where Harmony will pay Copper Mountain US$0.03 per pound of contained copper for any SAMREC copper resource discovered and declared on a new deposit within the acquired assets after the closing of the transaction. Harmony plans to fund the upfront purchase price using available cash and revolving credit facilities. The closing of the transaction is subject to certain customary conditions, including approval from the Foreign Investment Review Board in Australia and Copper Mountain bondholder approval. The transaction has received approval from the South African Reserve Bank. Management will assess the accounting treatment upon the closure of the transaction.

Segment Report

Segment Report	12 Months Ended
	Jun. 30, 2022
Disclosure of entity's operating segments [Abstract]
Segment Report	Segment report Accounting policy Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker (CODM). The chief operating decision maker has been identified as the CEO's office. The group has one main economic product, being gold. In order to determine operating and reportable segments, management reviewed various factors, including geographical location as well as managerial structure. It was determined that an operating segment consists of a shaft or a group of shafts or open pit mine managed by an operational management team. After applying the qualitative and quantitative thresholds from IFRS 8 Operating Segments , the reportable segments were determined as: Tshepong Operations, Moab Khotsong, Bambanani, Joel, Doornkop, Target 1, Kusasalethu, Masimong, Unisel, Mponeng, Mine Waste Solutions (as of 1 July 2021) and Hidden Valley. All other operating segments have been grouped together under all other surface operations. The CODM has been identified as the CEO's office consisting of the: • Chief executive officer • Financial director • Executive director: Stakeholder relations and Corporate affairs • Chief executive officer: South-east Asia • Chief operating officer: South Africa operations • Chief financial officer: Treasury • Senior executive: Enterprise risk and Investor relations • Senior executive: Sustainable Development • Senior executive: Human Capital • Executive: Ore Reserve Management. When assessing profitability, the CODM considers the revenue and production costs of each segment. The net of these amounts is the production profit or loss. Therefore, production profit has been disclosed in the segment report as the measure of profit or loss. The CODM also considers capital expenditure, gold production and tonnes milled when assessing the overall economic sustainability of each segment. The CODM, however, does not consider depreciation or impairment and therefore these amounts have not been disclosed in the segment report. Segment assets consist of mining assets and mining assets under construction included under property, plant and equipment which can be attributed to the segment. Current and non-current group assets that are not allocated at a segment level form part of the reconciliation to total assets. A reconciliation of the segment totals to the group financial statements has been included in note 42. Revenue Production cost Production Segment assets Capital expenditure # 30 June Kilograms produced* Tonnes milled* 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 Rand million Rand million Rand million Rand million Rand million Kg 000t South Africa Underground Tshepong Operations 6 351 6 214 5 452 5 084 4 865 4 298 1 267 1 349 1 154 3 779 6 541 6 733 1 514 1 112 930 7 022 7 419 7 293 1 561 1 558 1 417 Moab Khotsong 5 779 6 048 5 008 4 038 3 842 3 344 1 741 2 206 1 664 4 324 4 008 3 842 894 633 498 6 508 7 166 6 592 959 903 746 Mponeng 5 620 4 750 — 4 487 2 938 — 1 133 1 812 — 4 433 4 321 — 605 493 — 6 086 5 446 — 840 683 — Bambanani 1 1 286 1 687 1 591 1 163 1 156 1 040 123 531 551 — 327 443 25 71 50 1 433 1 992 2 132 176 227 200 Joel 1 411 1 199 1 037 1 308 1 124 1 010 103 75 27 1 244 1 166 1 080 225 172 151 1 556 1 424 1 391 434 359 349 Doornkop 3 106 3 077 2 270 2 453 2 140 1 730 653 937 540 3 222 2 994 2 841 491 425 281 3 444 3 670 2 994 874 851 681 Target 1 1 648 1 410 1 524 1 812 1 667 1 499 (164) (257) 25 1 517 1 367 1 276 384 368 347 1 800 1 603 2 244 455 488 543 Kusasalethu 4 139 3 400 2 293 3 086 2 955 2 577 1 053 445 (284) 822 1 057 1 253 210 205 188 4 567 3 999 3 015 607 708 615 Masimong 1 733 1 636 1 401 1 504 1 427 1 258 229 209 143 17 26 41 49 29 24 1 910 2 012 1 999 486 510 489 Unisel 2 — 224 681 — 182 580 — 42 101 — — 6 — — 7 — 247 982 — 57 219 Surface Mine Waste Solutions 3 2 642 1 889 — 1 588 1 137 — 1 054 752 — 1 027 1 031 — 264 70 — 2 899 2 057 — 23 443 17 665 — All other surface operations 4 868 5 136 3 302 3 551 3 587 2 135 1 317 1 549 1 167 1 066 890 745 282 265 118 5 304 6 031 4 349 20 737 21 824 16 264 Total South Africa 38 583 36 670 24 559 30 074 27 020 19 471 8 509 9 650 5 088 21 451 23 728 18 260 4 943 3 843 2 594 42 529 43 066 32 991 50 572 45 833 21 523 International Hidden Valley 3 159 4 028 3 748 2 122 1 719 1 639 1 037 2 309 2 109 4 141 3 128 3 810 1 249 1 260 959 3 707 4 689 4 872 3 229 3 420 3 906 Total international 3 159 4 028 3 748 2 122 1 719 1 639 1 037 2 309 2 109 4 141 3 128 3 810 1 249 1 260 959 3 707 4 689 4 872 3 229 3 420 3 906 Total operations 41 742 40 698 28 307 32 196 28 739 21 110 9 546 11 959 7 197 25 592 26 856 22 070 6 192 5 103 3 553 46 236 47 755 37 863 53 801 49 253 25 429 Reconciliation of segment information to the consolidated income 903 1 035 938 903 1 035 938 — — — 21 216 21 947 22 622 — — — — — — — — — 42 645 41 733 29 245 33 099 29 774 22 048 9 546 11 959 7 197 46 808 48 803 44 692 6 192 5 103 3 553 46 236 47 755 37 863 53 801 49 253 25 429 # Capital expenditure for international operations excludes expenditure spent on Wafi-Golpu of R22 million (2021: R34 million) (2020: R54 million). * Production statistics are unaudited. 1 The Bambanani operation closed during June 2022. 2 The Unisel operation closed during October 2020. 3 The Mine Waste Solutions and All other surface operations line items were disaggregated as a result of Mine Waste Solutions meeting the 10% profit quantitative threshold for a reportable segment. SA Rand Figures in million 2022 2021 2020 Reconciliation of production profit to consolidated profit/(loss) Revenue per segment report 41 742 40 698 28 307 Revenue per income statement 42 645 41 733 29 245 Other metal sales treated as by-product credits in the segment report (903) (1 035) (938) Production costs per segment report (32 196) (28 739) (21 110) Production costs per income statement (33 099) (29 774) (22 048) Other metal sales treated as by-product credits in the segment report 903 1 035 938 Production profit per segment report 9 546 11 959 7 197 Cost of sales items other than production costs (8 828) (5 715) (3 860) Amortisation and depreciation of mining assets (3 622) (3 777) (3 409) Amortisation and depreciation of assets other than mining assets (61) (98) (99) Rehabilitation expenditure (136) (135) (47) Care and maintenance cost of restructured shafts (273) (144) (146) Employment termination and restructuring costs (218) (332) (40) Share-based payments (143) (114) (130) Impairment of assets (4 433) (1 124) — Other 58 9 11 Gross profit 718 6 244 3 337 Corporate, administration and other expenditure (984) (1 068) (611) Exploration expenditure (214) (177) (205) Gains/(losses) on derivatives 53 1 022 (1 678) Foreign exchange translation gain/(loss) (327) 670 (892) Other operating expenses (1) (241) (309) Operating profit/(loss) (755) 6 450 (358) Gain on bargain purchase — 303 — Acquisition-related costs — (124) (45) Share of profit from associate 63 83 94 Investment income 352 331 375 Finance costs (718) (661) (661) Profit/(loss) before taxation (1 058) 6 382 (595) 42 Reconciliation of segment information to consolidated income statement and balance sheet continued SA Rand Figures in million 2022 2021 2020 Reconciliation of total segment assets to consolidated assets Non-current assets Property, plant and equipment not allocated to a segment 7 280 6 741 7 116 Mining assets (a) 943 757 1 062 Undeveloped property (b) 4 004 3 989 4 025 Other non-mining assets 510 411 115 Assets under construction (c) 1 823 1 584 1 914 Intangible assets 48 365 536 Restricted cash and investments 5 555 5 232 3 642 Investments in associates 125 126 146 Deferred tax assets 203 272 531 Other non-current assets 374 332 435 Derivative financial assets 137 328 50 Current assets Inventories 2 818 2 542 2 421 Restricted cash and investments 27 67 62 Trade and other receivables 1 682 1 652 1 308 Derivative financial assets 519 1 471 18 Cash and cash equivalents 2 448 2 819 6 357 Total 21 216 21 947 22 622 (a) These balances relate to Wafi-Golpu assets and assets that provide services to several CGUs, such as Harmony One Plant. (b) Undeveloped properties comprise the Target North property as well as Wafi-Golpu’s undeveloped properties. (c) Assets under construction consist of the Wafi-Golpu assets.

Reconciliation of Segment Infor

Reconciliation of Segment Information to Consolidated Income Statements and Balance Sheets	12 Months Ended
	Jun. 30, 2022
Disclosure of entity's operating segments [Abstract]
Reconciliation of Segment Information to Consolidated Income Statements and Balance Sheets	Segment report Accounting policy Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker (CODM). The chief operating decision maker has been identified as the CEO's office. The group has one main economic product, being gold. In order to determine operating and reportable segments, management reviewed various factors, including geographical location as well as managerial structure. It was determined that an operating segment consists of a shaft or a group of shafts or open pit mine managed by an operational management team. After applying the qualitative and quantitative thresholds from IFRS 8 Operating Segments , the reportable segments were determined as: Tshepong Operations, Moab Khotsong, Bambanani, Joel, Doornkop, Target 1, Kusasalethu, Masimong, Unisel, Mponeng, Mine Waste Solutions (as of 1 July 2021) and Hidden Valley. All other operating segments have been grouped together under all other surface operations. The CODM has been identified as the CEO's office consisting of the: • Chief executive officer • Financial director • Executive director: Stakeholder relations and Corporate affairs • Chief executive officer: South-east Asia • Chief operating officer: South Africa operations • Chief financial officer: Treasury • Senior executive: Enterprise risk and Investor relations • Senior executive: Sustainable Development • Senior executive: Human Capital • Executive: Ore Reserve Management. When assessing profitability, the CODM considers the revenue and production costs of each segment. The net of these amounts is the production profit or loss. Therefore, production profit has been disclosed in the segment report as the measure of profit or loss. The CODM also considers capital expenditure, gold production and tonnes milled when assessing the overall economic sustainability of each segment. The CODM, however, does not consider depreciation or impairment and therefore these amounts have not been disclosed in the segment report. Segment assets consist of mining assets and mining assets under construction included under property, plant and equipment which can be attributed to the segment. Current and non-current group assets that are not allocated at a segment level form part of the reconciliation to total assets. A reconciliation of the segment totals to the group financial statements has been included in note 42. Revenue Production cost Production Segment assets Capital expenditure # 30 June Kilograms produced* Tonnes milled* 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 Rand million Rand million Rand million Rand million Rand million Kg 000t South Africa Underground Tshepong Operations 6 351 6 214 5 452 5 084 4 865 4 298 1 267 1 349 1 154 3 779 6 541 6 733 1 514 1 112 930 7 022 7 419 7 293 1 561 1 558 1 417 Moab Khotsong 5 779 6 048 5 008 4 038 3 842 3 344 1 741 2 206 1 664 4 324 4 008 3 842 894 633 498 6 508 7 166 6 592 959 903 746 Mponeng 5 620 4 750 — 4 487 2 938 — 1 133 1 812 — 4 433 4 321 — 605 493 — 6 086 5 446 — 840 683 — Bambanani 1 1 286 1 687 1 591 1 163 1 156 1 040 123 531 551 — 327 443 25 71 50 1 433 1 992 2 132 176 227 200 Joel 1 411 1 199 1 037 1 308 1 124 1 010 103 75 27 1 244 1 166 1 080 225 172 151 1 556 1 424 1 391 434 359 349 Doornkop 3 106 3 077 2 270 2 453 2 140 1 730 653 937 540 3 222 2 994 2 841 491 425 281 3 444 3 670 2 994 874 851 681 Target 1 1 648 1 410 1 524 1 812 1 667 1 499 (164) (257) 25 1 517 1 367 1 276 384 368 347 1 800 1 603 2 244 455 488 543 Kusasalethu 4 139 3 400 2 293 3 086 2 955 2 577 1 053 445 (284) 822 1 057 1 253 210 205 188 4 567 3 999 3 015 607 708 615 Masimong 1 733 1 636 1 401 1 504 1 427 1 258 229 209 143 17 26 41 49 29 24 1 910 2 012 1 999 486 510 489 Unisel 2 — 224 681 — 182 580 — 42 101 — — 6 — — 7 — 247 982 — 57 219 Surface Mine Waste Solutions 3 2 642 1 889 — 1 588 1 137 — 1 054 752 — 1 027 1 031 — 264 70 — 2 899 2 057 — 23 443 17 665 — All other surface operations 4 868 5 136 3 302 3 551 3 587 2 135 1 317 1 549 1 167 1 066 890 745 282 265 118 5 304 6 031 4 349 20 737 21 824 16 264 Total South Africa 38 583 36 670 24 559 30 074 27 020 19 471 8 509 9 650 5 088 21 451 23 728 18 260 4 943 3 843 2 594 42 529 43 066 32 991 50 572 45 833 21 523 International Hidden Valley 3 159 4 028 3 748 2 122 1 719 1 639 1 037 2 309 2 109 4 141 3 128 3 810 1 249 1 260 959 3 707 4 689 4 872 3 229 3 420 3 906 Total international 3 159 4 028 3 748 2 122 1 719 1 639 1 037 2 309 2 109 4 141 3 128 3 810 1 249 1 260 959 3 707 4 689 4 872 3 229 3 420 3 906 Total operations 41 742 40 698 28 307 32 196 28 739 21 110 9 546 11 959 7 197 25 592 26 856 22 070 6 192 5 103 3 553 46 236 47 755 37 863 53 801 49 253 25 429 Reconciliation of segment information to the consolidated income 903 1 035 938 903 1 035 938 — — — 21 216 21 947 22 622 — — — — — — — — — 42 645 41 733 29 245 33 099 29 774 22 048 9 546 11 959 7 197 46 808 48 803 44 692 6 192 5 103 3 553 46 236 47 755 37 863 53 801 49 253 25 429 # Capital expenditure for international operations excludes expenditure spent on Wafi-Golpu of R22 million (2021: R34 million) (2020: R54 million). * Production statistics are unaudited. 1 The Bambanani operation closed during June 2022. 2 The Unisel operation closed during October 2020. 3 The Mine Waste Solutions and All other surface operations line items were disaggregated as a result of Mine Waste Solutions meeting the 10% profit quantitative threshold for a reportable segment. SA Rand Figures in million 2022 2021 2020 Reconciliation of production profit to consolidated profit/(loss) Revenue per segment report 41 742 40 698 28 307 Revenue per income statement 42 645 41 733 29 245 Other metal sales treated as by-product credits in the segment report (903) (1 035) (938) Production costs per segment report (32 196) (28 739) (21 110) Production costs per income statement (33 099) (29 774) (22 048) Other metal sales treated as by-product credits in the segment report 903 1 035 938 Production profit per segment report 9 546 11 959 7 197 Cost of sales items other than production costs (8 828) (5 715) (3 860) Amortisation and depreciation of mining assets (3 622) (3 777) (3 409) Amortisation and depreciation of assets other than mining assets (61) (98) (99) Rehabilitation expenditure (136) (135) (47) Care and maintenance cost of restructured shafts (273) (144) (146) Employment termination and restructuring costs (218) (332) (40) Share-based payments (143) (114) (130) Impairment of assets (4 433) (1 124) — Other 58 9 11 Gross profit 718 6 244 3 337 Corporate, administration and other expenditure (984) (1 068) (611) Exploration expenditure (214) (177) (205) Gains/(losses) on derivatives 53 1 022 (1 678) Foreign exchange translation gain/(loss) (327) 670 (892) Other operating expenses (1) (241) (309) Operating profit/(loss) (755) 6 450 (358) Gain on bargain purchase — 303 — Acquisition-related costs — (124) (45) Share of profit from associate 63 83 94 Investment income 352 331 375 Finance costs (718) (661) (661) Profit/(loss) before taxation (1 058) 6 382 (595) 42 Reconciliation of segment information to consolidated income statement and balance sheet continued SA Rand Figures in million 2022 2021 2020 Reconciliation of total segment assets to consolidated assets Non-current assets Property, plant and equipment not allocated to a segment 7 280 6 741 7 116 Mining assets (a) 943 757 1 062 Undeveloped property (b) 4 004 3 989 4 025 Other non-mining assets 510 411 115 Assets under construction (c) 1 823 1 584 1 914 Intangible assets 48 365 536 Restricted cash and investments 5 555 5 232 3 642 Investments in associates 125 126 146 Deferred tax assets 203 272 531 Other non-current assets 374 332 435 Derivative financial assets 137 328 50 Current assets Inventories 2 818 2 542 2 421 Restricted cash and investments 27 67 62 Trade and other receivables 1 682 1 652 1 308 Derivative financial assets 519 1 471 18 Cash and cash equivalents 2 448 2 819 6 357 Total 21 216 21 947 22 622 (a) These balances relate to Wafi-Golpu assets and assets that provide services to several CGUs, such as Harmony One Plant. (b) Undeveloped properties comprise the Target North property as well as Wafi-Golpu’s undeveloped properties. (c) Assets under construction consist of the Wafi-Golpu assets.

Accounting Policies (Policies)

Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2022
Accounting Policies, Changes In Accounting Estimates And Errors [Abstract]
Basis of preparation	Basis of preparation The principal accounting policies applied in the preparation of the consolidated financial statements have been consistently applied in all years presented, except for the changes as described under "Recent accounting developments" below. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) and IFRS Interpretations Committee (IFRIC) Interpretations (collectively IFRS). The consolidated financial statements have been prepared on a going concern basis. During the year ended 30 June 2022, Mine Waste Solutions (MWS) was identified as a separate reportable segment as a result of it exceeding the quantitative threshold of 10% of total reported profit as set out in IFRS 8 Operating Segments . This resulted in MWS's segment information being disaggregated from the All other surface operations segment. In accordance with the requirements of IFRS, the June 2021 comparative information has been re-presented in the segment report. Note 37 includes the revised figures for certain prescribed officers' shares held at 30 June 2021. The consolidated financial statements have been prepared to the nearest million and rounding may cause differences.
Statement of IFRS compliance	The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) and IFRS Interpretations Committee (IFRIC) Interpretations (collectively IFRS).
New standards, amendments to standards and interpretations to existing standards adopted by the group	New standards, amendments to standards and interpretations to existing standards adopted by the group During the financial year, the following new standards, amendments to standards and interpretations to existing standards were adopted by the group. No other standards and amendments to standards that became effective during the 2022 year were relevant to the consolidated financial statements. IFRS 7 Financial Instrument: Disclosures and IFRS 9 Financial Instruments (Amendment) The IASB has published 'Interest Rate Benchmark Reform - Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) with amendments that address issues that might affect financial reporting during the reform of an interest rate benchmark, including the effects of changes to contractual cash flows or hedging relationships arising from the replacement of an interest rate benchmark with an alternative benchmark rate (replacement issues). The IASB has made amendments to the requirements in IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 relating to: • Changes in the basis for determining contractual cash flows of financial assets, financial liabilities and lease liabilities • Hedge accounting • Disclosures. The amendments are effective for annual periods beginning on or after 1 January 2021, with earlier application permitted. After consideration of all areas impacted, Harmony concluded that the amendments did not have a material impact on the group.
New standards, amendments to standards and interpretations to existing standards that are not yet effective and have not been early adopted	New standards, amendments to standards and interpretations to existing standards that are not yet effective and have not been early adopted At the date of authorisation of these financial statements, the standards, amendments to standards and interpretations listed below were in issue but not yet effective. These new standards and interpretations have not been early adopted by the group and the group plans on adopting these standards, amendments to standards and interpretations on the dates when they become effective. IFRS 9 Financial Instruments (Amendment) The amendment to IFRS 9 clarifies the fees a company includes when assessing whether the terms of a new or modified financial liability are substantially different from the terms of the original financial liability. This amendment is effective for annual periods beginning on or after 1 January 2022. The amendment is not expected to have a material impact on the group. 2 Accounting policies continued Recent accounting developments continued New standards, amendments to standards and interpretations to existing standards that are not yet effective and have not been early adopted continued IAS 1 Presentation of Financial Statements (Amendment) The IASB issued amendments to IAS 1 Presentation of Financial Statements to clarify its requirements for the presentation of liabilities in the statement of financial position. The amendments are effective from annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 1 Presentation of Financial Statements (Amendment) The IASB amended paragraphs 117 – 122 of IAS 1 to require entities to disclose their material accounting policy information rather than their significant accounting policies. The amendments are effective from annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 8 Accounting policies, Changes in Accounting Estimates and Errors (Amendment) The amendments introduce the definition of accounting estimates and included other amendments to IAS 8 to help entities distinguish changes in accounting policies from changes in accounting estimates. The amendments are effective for annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 12 Income taxes (Amendment) The IASB issued Deferred tax related to Assets and Liabilities arising from a Single Transaction (Amendment to IAS 12) to narrow the scope of IAS 12 recognition exemption so that it no longer applies to transactions that, on initial recognition, give rise to equal taxable and deductible temporary differences. The amendments are effective for annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 16 Property, Plant and Equipment (Amendment) The IASB issued Property, Plant and Equipment—Proceeds before Intended Use , which prohibit a company from deducting from the cost of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended use. Instead, a company will recognise such sales proceeds and related costs in profit or loss. This amendment is effective for annual periods beginning on or after 1 January 2022. Management has performed an assessment and, going forward, any major project where incidental gold is mined during the development phase will no longer have a credit to capital expenditure while it is an asset under construction. Cost associated with the extraction and treatment thereof will be included in production costs. This is not expected to impact on the assessment of the production start date. No impact is expected on the current financial year, which will be the comparative year when this amendment becomes effective for Harmony. IAS 37 Provisions, Contingent Liabilities and Contingent Assets (Amendment) The IASB issued Onerous Contracts–Cost of Fulfilling a Contract , which specifies which costs an entity includes in determining the cost of fulfilling a contract for the purpose of assessing whether the contract is onerous. This amendment is effective for annual periods beginning on or after 1 January 2022. The amendment is not expected to have a material impact on the group.
Measurement basis	Measurement basis The financial statements have been prepared under the historical cost convention except for certain financial assets and financial liabilities which are measured at fair value through profit or loss or other comprehensive income – refer to note 39.
Accounting Policies	Accounting policies Basis of preparation The principal accounting policies applied in the preparation of the consolidated financial statements have been consistently applied in all years presented, except for the changes as described under "Recent accounting developments" below. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) and IFRS Interpretations Committee (IFRIC) Interpretations (collectively IFRS). The consolidated financial statements have been prepared on a going concern basis. During the year ended 30 June 2022, Mine Waste Solutions (MWS) was identified as a separate reportable segment as a result of it exceeding the quantitative threshold of 10% of total reported profit as set out in IFRS 8 Operating Segments . This resulted in MWS's segment information being disaggregated from the All other surface operations segment. In accordance with the requirements of IFRS, the June 2021 comparative information has been re-presented in the segment report. Note 37 includes the revised figures for certain prescribed officers' shares held at 30 June 2021. The consolidated financial statements have been prepared to the nearest million and rounding may cause differences. Recent accounting developments New standards, amendments to standards and interpretations to existing standards adopted by the group During the financial year, the following new standards, amendments to standards and interpretations to existing standards were adopted by the group. No other standards and amendments to standards that became effective during the 2022 year were relevant to the consolidated financial statements. IFRS 7 Financial Instrument: Disclosures and IFRS 9 Financial Instruments (Amendment) The IASB has published 'Interest Rate Benchmark Reform - Phase 2 (Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) with amendments that address issues that might affect financial reporting during the reform of an interest rate benchmark, including the effects of changes to contractual cash flows or hedging relationships arising from the replacement of an interest rate benchmark with an alternative benchmark rate (replacement issues). The IASB has made amendments to the requirements in IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 relating to: • Changes in the basis for determining contractual cash flows of financial assets, financial liabilities and lease liabilities • Hedge accounting • Disclosures. The amendments are effective for annual periods beginning on or after 1 January 2021, with earlier application permitted. After consideration of all areas impacted, Harmony concluded that the amendments did not have a material impact on the group. New standards, amendments to standards and interpretations to existing standards that are not yet effective and have not been early adopted At the date of authorisation of these financial statements, the standards, amendments to standards and interpretations listed below were in issue but not yet effective. These new standards and interpretations have not been early adopted by the group and the group plans on adopting these standards, amendments to standards and interpretations on the dates when they become effective. IFRS 9 Financial Instruments (Amendment) The amendment to IFRS 9 clarifies the fees a company includes when assessing whether the terms of a new or modified financial liability are substantially different from the terms of the original financial liability. This amendment is effective for annual periods beginning on or after 1 January 2022. The amendment is not expected to have a material impact on the group. 2 Accounting policies continued Recent accounting developments continued New standards, amendments to standards and interpretations to existing standards that are not yet effective and have not been early adopted continued IAS 1 Presentation of Financial Statements (Amendment) The IASB issued amendments to IAS 1 Presentation of Financial Statements to clarify its requirements for the presentation of liabilities in the statement of financial position. The amendments are effective from annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 1 Presentation of Financial Statements (Amendment) The IASB amended paragraphs 117 – 122 of IAS 1 to require entities to disclose their material accounting policy information rather than their significant accounting policies. The amendments are effective from annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 8 Accounting policies, Changes in Accounting Estimates and Errors (Amendment) The amendments introduce the definition of accounting estimates and included other amendments to IAS 8 to help entities distinguish changes in accounting policies from changes in accounting estimates. The amendments are effective for annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 12 Income taxes (Amendment) The IASB issued Deferred tax related to Assets and Liabilities arising from a Single Transaction (Amendment to IAS 12) to narrow the scope of IAS 12 recognition exemption so that it no longer applies to transactions that, on initial recognition, give rise to equal taxable and deductible temporary differences. The amendments are effective for annual reporting periods beginning on or after 1 January 2023. The amendments are not expected to have a material impact on the group. IAS 16 Property, Plant and Equipment (Amendment) The IASB issued Property, Plant and Equipment—Proceeds before Intended Use , which prohibit a company from deducting from the cost of property, plant and equipment amounts received from selling items produced while the company is preparing the asset for its intended use. Instead, a company will recognise such sales proceeds and related costs in profit or loss. This amendment is effective for annual periods beginning on or after 1 January 2022. Management has performed an assessment and, going forward, any major project where incidental gold is mined during the development phase will no longer have a credit to capital expenditure while it is an asset under construction. Cost associated with the extraction and treatment thereof will be included in production costs. This is not expected to impact on the assessment of the production start date. No impact is expected on the current financial year, which will be the comparative year when this amendment becomes effective for Harmony. IAS 37 Provisions, Contingent Liabilities and Contingent Assets (Amendment) The IASB issued Onerous Contracts–Cost of Fulfilling a Contract , which specifies which costs an entity includes in determining the cost of fulfilling a contract for the purpose of assessing whether the contract is onerous. This amendment is effective for annual periods beginning on or after 1 January 2022. The amendment is not expected to have a material impact on the group. Measurement basis The financial statements have been prepared under the historical cost convention except for certain financial assets and financial liabilities which are measured at fair value through profit or loss or other comprehensive income – refer to note 39. Group accounting policies Accounting policies are included in the relevant notes to the consolidated financial statements and have been highlighted between red lines in the notes to the consolidated financial statements. The accounting policies that follow are applied throughout the financial statements. The group recognises that control is the single basis for consolidation for all types of entities in accordance with IFRS 10 Consolidated Financial Statements . The consolidated financial information includes the financial statements of the company, its subsidiaries, interest in associates and joint arrangements and structured entities. Where the group has no control over an entity, that entity is not consolidated. Control The group, regardless of the nature of its involvement with an entity, shall determine whether it is a parent by assessing whether it controls the investee. The group controls an entity when it is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. . 2 Accounting policies continued Group accounting policies continued 2.1 Consolidation continued (i) Subsidiaries Subsidiaries are entities over which the group has control. Subsidiaries are fully consolidated from the date on which control is transferred to the group up until when that control ceases. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated. Accounting policies of subsidiaries have been changed to ensure consistency with the policies adopted by the group. The group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition of an acquiree is the fair value of the assets transferred, liabilities incurred and the equity interests issued by the group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. On an acquisition-by-acquisition basis, the group recognises any non-controlling interests in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s net assets. The excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previously held equity interest in the acquiree over the fair value of the group’s share of the identifiable net assets acquired is recorded as goodwill. If this is less than the fair value of the net assets of the subsidiary acquired, in the case of a bargain purchase, the difference is recognised directly in the income statement below operating profit or loss. (ii) Associates Associates are entities in which the group has significant influence, but not control, over operational and financial policies. This may be when there is a shareholding of between 20% and 50% of the voting rights or when significant influence can be otherwise demonstrated, for example where the group has the right of representation on the board of directors, or other governing body, of the entity. Investments in associates are accounted for by using the equity method of accounting, and are initially recognised at cost. The group’s investment in associates includes goodwill identified on acquisition. Cumulative post-acquisition movements are adjusted against the carrying amount of the investment. The group’s share of the associates’ post-acquisition profits or losses is recognised in the income statement, and its share of post-acquisition movement in reserves is recognised in other reserves. When the group’s share of losses in an associate equals or exceeds its interest in the associate, the group does not recognise further losses, unless it has incurred obligations or made payments on behalf of the associate. The carrying value of an associate is reviewed on a regular basis and, if impairment in the carrying value has occurred, it is written off in the period in which such impairment is identified. Accounting policies of associates have been reviewed to ensure consistency with the policies adopted by the group. (iii) Joint arrangements Joint arrangements are arrangements of which two or more parties have joint control and are contractually bound. The joint arrangement can either be a joint operation or a joint venture. A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement and have the right to the assets, and obligations for the liabilities, relating to the arrangement. These parties are called joint operators. A joint venture is a joint arrangement where the parties that have joint control of the arrangement have rights to the net assets of the arrangement. Those parties are called joint venturers. For interest in joint operations, the group includes its share of the joint operations' individual income and expenses, assets and liabilities and cash flows on a line-by-line basis with similar items in the group’s financial statements. Where an additional interest in a joint operation is acquired, the principles of IFRS 3 are applied to account for the transaction. The group recognises the portion of gains or losses on the sale of assets by the group to the joint operation that is attributable to the other joint operators. The group does not recognise its share of profits or losses from the joint operation that results from the purchase of assets by the group from the joint operation until it resells the assets to an independent party. However, if a loss on the transaction provides evidence of a reduction in the net realisable value of current assets or an impairment loss, the loss is recognised immediately. The group recognises its interest in a joint venture as an investment and accounts for it using the equity accounting method. (iv) Structured entities A structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements. The accounting treatment for a structured entity will fall into one of the aforementioned categories (i to iii) depending on whether the group has control over that structured entity. 2.2 Foreign currency translation (i) Functional and presentation currency Items included in the financial statements of each of the group’s entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in South African Rand, which is the group’s presentation currency. References to “A$” refers to Australian currency, “R” to South African currency, “$” or “US$” to United States currency and “PGK” or “Kina” to Papua New Guinean currency. (ii) Transactions and balances Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation to year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement. This includes the gains and losses on the translation of the US$-denominated facilities. (iii) Group companies The results and financial position of all group entities (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: • Assets and liabilities for each balance sheet presented are translated at the closing rate at the date of that balance sheet while equity items are translated at historic rates • Income and expenses for each income statement are translated at average exchange rates (the rate on the date of the transaction is used if the average is not a reasonable rate for the translation of the transaction) • All resulting exchange differences are recognised as a separate component of other comprehensive income. On consolidation, exchange differences arising from the translation of the net investment in foreign operations, and of borrowings and other currency instruments designated as hedges of such investments, are taken to other comprehensive income. When a foreign operation is sold or control is otherwise lost, exchange differences that were recorded in other comprehensive income are recognised in profit or loss in the period of the disposal or change in control. Goodwill and fair value adjustments arising on the acquisition of a foreign operation are treated as assets and liabilities of the foreign entity and translated at the closing rate. 2.3 Derivatives and hedging activities Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently remeasured to their fair value at the end of each reporting period. The accounting for subsequent changes in fair value depends on whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged. The difference between the fair value of the derivative at initial recognition and expected forward transaction price is deferred and recognised as a day one gain or loss. The day one gain or loss is amortised over the derivative contract period and recognised in profit or loss in gains/losses on derivatives. The full fair value of a derivative is classified as a non-current asset or liability when the remaining maturity is more than 12 months; it is classified as a current asset or liability when the remaining maturity is less than 12 months. (i) Cash flow hedge The group designates certain derivatives as hedges of a particular risk associated with the cash flows of highly probable forecast transactions (cash flow hedges). At inception of the hedge relationship, the group documents the economic relationship between hedging instruments and hedged items, including whether changes in the cash flows of the hedging instruments are expected to offset changes in the cash flows of hedged items. The group documents its risk management objective and strategy for undertaking its hedge transactions. The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognised in other comprehensive income and accumulated in reserves in equity. The gain or loss relating to the ineffective portion is recognised immediately in profit or loss within gains/losses on derivatives. Amounts accumulated in equity are reclassified to profit or loss in the periods when the forecast sale that is hedged takes place and affects profit or loss. The gain or loss relating to the effective portion of the Rand and US$ gold forward sales contracts is recognised in profit or loss within revenue. When a hedging instrument expires or is sold or terminated, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognised when the forecast transaction that was hedged is ultimately recognised in profit or loss. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately reclassified to profit or loss. 2 Accounting policies continued Group accounting policies continued 2.3 Derivatives and hedging activities continued (ii) Derivatives not designated for hedge accounting purposes Certain derivative instruments do not qualify for hedge accounting. Changes in the fair value as well as gains and losses on expiry, disposal or termination of any derivative instrument that does not qualify for hedge accounting are recognised immediately in profit or loss and are included in gains/losses on derivatives. 2.4 Exploration expenditure The group has elected to expense all exploration and evaluation expenditures until it is concluded that the project is technically feasible and commercially viable, and that future economic benefits are therefore probable. The information used to make that determination depends on the level of exploration as well as the degree of confidence in the ore body as set out below. Exploration and evaluation expenditure on greenfield sites, being those where the group does not have any mineral deposits which are already being mined or developed, is expensed as incurred until the technical and commercial viability of the project has been demonstrated usually through the completion of a final feasibility study. However, in certain instances, the technical and commercial viability of the deposit may be demonstrated at an earlier stage, for example where an extended feasibility study is conducted and the underlying feasibility study in respect of specific components of the mineral deposit has advanced to such a stage that significant commercially viable reserves has been established, and the other criteria for the recognition of an asset have been met. At this point the expenditure is capitalised as mine development cost to the extent that future economic benefits are expected. Exploration and evaluation expenditure on brownfield sites, being those adjacent to mineral deposits which are already being mined or developed, is expensed as incurred until the group is able to demonstrate that future economic benefits are probable through the completion of a feasibility study, after which the expenditure is capitalised as mine development cost to the extent that future economic benefits are expected. A “feasibility study” consists of a comprehensive study of the viability of a mineral project that has advanced to a stage where the mining method has been established, and which, if an effective method of mineral processing has been determined, includes a financial analysis based on reasonable assumptions of technical, engineering, operating economic factors and the evaluation of other relevant factors. The feasibility study, when combined with existing knowledge of the mineral property that is adjacent to mineral deposits that are already being mined or developed, allows the group to conclude that the project is technically feasible and commercially viable. Exploration and evaluation expenditure relating to extensions of mineral deposits which are already being mined or developed, including expenditure on the definition of mineralisation of such mineral deposits, is capitalised as a mine development cost following the completion of an economic evaluation equivalent to a feasibility study. This economic evaluation is distinguished from a feasibility study in that some of the information that would normally be determined in a feasibility study is instead obtained from the existing mine or development. This information, when combined with existing knowledge of the mineral property already being mined or developed, allows the directors to conclude that the project is technically feasible and commercially viable. 2.5 Impairment of non-financial assets Assets that have an indefinite useful life are not subject to amortisation or depreciation and are tested annually for impairment or when there is an indication of impairment. Assets that are subject to amortisation are reviewed annually on 30 June for impairment or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised in the income statement for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash generating unit or CGU). Each operating shaft, along with allocated common assets such as plants and administrative offices, is considered to be a cash generating unit as each shaft is largely independent from the cash flows of other shafts and assets belonging to the group. Fair value less cost to sell is generally determined by using discounted estimated after-tax future cash flows. Future cash flows are estimated based on quantities of recoverable minerals, expected commodity prices (considering current and historical prices, price trends and related factors), production levels and cash costs of production, all based on life-of-mine (LoM) plans. Future cash flows are discounted to their present value using a post-tax discount rate that reflects current market assessments of the time value of money and risk specific to the asset. Refer to note 15 for detail. The term “recoverable minerals” refers to the estimated amount of gold that will be obtained from reserves and resources and all related exploration stage mineral interests (except for other mine-related exploration potential and greenfields exploration potential discussed separately below) after taking into account losses during ore processing and treatment. Estimates of recoverable minerals from such related exploration stage mineral interests will be risk adjusted based on management’s relative confidence in such materials. 2 Accounting policies continued Group accounting policies continued 2.5 Impairment of non-financial assets continued In estimating future cash flows, assets are grouped at the lowest level for which there are identifiable cash flows that are largely independent of cash flows from other asset groups. Except for other mine-related exploration potential and greenfields exploration potential, estimates of future undiscounted cash flows are included on an area of interest basis, which generally represents an individual operating mine, even if the mines are included in a larger mine complex. In the case of mineral interests associated with other mine-related exploration potential and greenfields exploration potential, cash flows and fair values are individually evaluated based primarily on recent exploration results and recent transactions involving sales of similar properties, if any. Assumptions underlying future cash flow estimates are subject to significant risks and uncertainties. Impairment losses on goodwill are recognised immediately in the income statement and are not reversed. The impairment testing is performed annually on 30 June or when events or changes in circumstances indicate that it may be impaired. Non-financial assets other than goodwill that suffered an impairment are reviewed annually for possible reversal of the impairment at 30 June. Reversal of impairments is also considered when there is objective evidence to indicate that the asset is no longer impaired. Where an impairment subsequently reverses, the carrying amount of the asset or CGU is increased to the revised estimate of its recoverable amount, but not higher than the carrying value that would have been determined had no impairment been recognised in prior years. 2.6 Operating profit The group defines operating profit as the profit earned from the normal core mining operations. In reporting operating profit in the income statement, transactions for capital transactions involving subsidiaries, joint arrangements and associates are excluded from operating profit as these are not considered to be part of the mining operations of the Harmony group. Any gains or losses on capital transactions are presented below the operating profit line. Accounting policy – financial assets (applicable to notes 17, 18, 19 and 20) Financial assets are initially recognised when the group becomes a party to their contractual arrangements. On initial recognition, a financial asset is classified as measured at: • Amortised cost • Fair value through other comprehensive income (FVTOCI) or • Fair value through profit or loss (FVTPL). A financial asset is classified as measured at amortised cost if it is held within the business model whose objective is to hold assets to collect contractual cash flows and its contractual terms give rise, on specified dates, to cash flows that are solely payments of principal and interest on the principal amount outstanding. The group measures a financial asset initially at its fair value plus, in the case of a financial asset not at FVTPL, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVTPL are expensed. The subsequent measurement of financial assets is discussed below. Financial asset category Description Debt instruments at amortised cost Financial assets at amortised cost consist of restricted cash, restricted investments, loans, trade receivables and cash and cash equivalents. Interest income from these financial assets is included in investment income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss. Impairment losses are presented in other operating expenses in the income statement. Debt instruments at fair value through profit or loss Equity-linked investments which are held to meet rehabilitation liabilities are classified as FVTPL. Debt instruments where the contractual cash flows fail to meet the solely payments of principal and interest (SPPI) criteria are also classified as FVTPL. A gain or loss on a debt investment that is subsequently measured at FVTPL is recognised in profit or loss and presented net within investment income in the period in which it arises. On derecognition of a financial asset, the difference between the proceeds received or receivable and the carrying amount of the asset is included in profit or loss. Equity instruments designated at fair value through OCI The group's equity investments are designated as FVTOCI. The group subsequently measures all equity investments at fair value. Where the group's management has elected to present fair value gains and losses on equity investments in OCI, there is no subsequent reclassification of fair value gains and losses to profit or loss following the derecognition of the investment. Dividends from such investments are recognised when the group’s right to receive payments is established either in profit or loss as other income or as a deduction against the asset if the dividend clearly represents a recovery of part of the cost of the investment. Residual values in OCI are reclassified to retained earnings on derecognition of the related FVTOCI instruments. Impairment losses on financial assets at amortised cost are assessed using the forward-looking expected credit loss (ECL) approach. ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (ie the difference between the cash flows due to the entity in accordance with the contract and the cash flows that the group expects to receive). At each reporting date, the group assesses whether financial assets carried at amortised cost are credit impaired. A financial asset is ‘‘credit impaired’’ when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred. Trade receivable loss allowances are measured at an amount equal to lifetime ECLs. Loss allowances are deducted from the gross carrying amount of the assets. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis, or realise the asset and settle the liability simultaneously. Accounting policy – provisions (applicable to notes 26, 27, and 30) Provisions are recognised when the group has a present legal or constructive obligation as a result of past events where it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate of the amount of the obligation can be made. The amount recognised as a provision is the net present value of the best estimate of the expenditure required to settle the present obligation at balance sheet date. It is calculated using a pre-tax rate that reflects the current market assessment of the time value of money and the risks specific to the obligation. The estimate takes into account the associated risks and uncertainties. The increase in the provision due to the passage of time is recognised as interest expense. Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of economic benefits will be required, the provision is reversed. Accounting policy – financial liabilities (applicable to notes 32 and 33) Financial liabilities are initially measured at fair value when the group becomes a party to their contractual arrangements. Transaction costs are included in the
Consolidation	Consolidation The group recognises that control is the single basis for consolidation for all types of entities in accordance with IFRS 10 Consolidated Financial Statements . The consolidated financial information includes the financial statements of the company, its subsidiaries, interest in associates and joint arrangements and structured entities. Where the group has no control over an entity, that entity is not consolidated. Control The group, regardless of the nature of its involvement with an entity, shall determine whether it is a parent by assessing whether it controls the investee. The group controls an entity when it is exposed, or has rights, to variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity. . 2 Accounting policies continued Group accounting policies continued 2.1 Consolidation continued (i) Subsidiaries Subsidiaries are entities over which the group has control. Subsidiaries are fully consolidated from the date on which control is transferred to the group up until when that control ceases. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated. Accounting policies of subsidiaries have been changed to ensure consistency with the policies adopted by the group. The group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition of an acquiree is the fair value of the assets transferred, liabilities incurred and the equity interests issued by the group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. On an acquisition-by-acquisition basis, the group recognises any non-controlling interests in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s net assets. The excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previously held equity interest in the acquiree over the fair value of the group’s share of the identifiable net assets acquired is recorded as goodwill. If this is less than the fair value of the net assets of the subsidiary acquired, in the case of a bargain purchase, the difference is recognised directly in the income statement below operating profit or loss. (ii) Associates Associates are entities in which the group has significant influence, but not control, over operational and financial policies. This may be when there is a shareholding of between 20% and 50% of the voting rights or when significant influence can be otherwise demonstrated, for example where the group has the right of representation on the board of directors, or other governing body, of the entity. Investments in associates are accounted for by using the equity method of accounting, and are initially recognised at cost. The group’s investment in associates includes goodwill identified on acquisition. Cumulative post-acquisition movements are adjusted against the carrying amount of the investment. The group’s share of the associates’ post-acquisition profits or losses is recognised in the income statement, and its share of post-acquisition movement in reserves is recognised in other reserves. When the group’s share of losses in an associate equals or exceeds its interest in the associate, the group does not recognise further losses, unless it has incurred obligations or made payments on behalf of the associate. The carrying value of an associate is reviewed on a regular basis and, if impairment in the carrying value has occurred, it is written off in the period in which such impairment is identified. Accounting policies of associates have been reviewed to ensure consistency with the policies adopted by the group. (iii) Joint arrangements Joint arrangements are arrangements of which two or more parties have joint control and are contractually bound. The joint arrangement can either be a joint operation or a joint venture. A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement and have the right to the assets, and obligations for the liabilities, relating to the arrangement. These parties are called joint operators. A joint venture is a joint arrangement where the parties that have joint control of the arrangement have rights to the net assets of the arrangement. Those parties are called joint venturers. For interest in joint operations, the group includes its share of the joint operations' individual income and expenses, assets and liabilities and cash flows on a line-by-line basis with similar items in the group’s financial statements. Where an additional interest in a joint operation is acquired, the principles of IFRS 3 are applied to account for the transaction. The group recognises the portion of gains or losses on the sale of assets by the group to the joint operation that is attributable to the other joint operators. The group does not recognise its share of profits or losses from the joint operation that results from the purchase of assets by the group from the joint operation until it resells the assets to an independent party. However, if a loss on the transaction provides evidence of a reduction in the net realisable value of current assets or an impairment loss, the loss is recognised immediately. The group recognises its interest in a joint venture as an investment and accounts for it using the equity accounting method. (iv) Structured entities A structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements. The accounting treatment for a structured entity will fall into one of the aforementioned categories (i to iii) depending on whether the group has control over that structured entity.
Consolidation, Subsidiaries	. 2 Accounting policies continued Group accounting policies continued 2.1 Consolidation continued (i) Subsidiaries Subsidiaries are entities over which the group has control. Subsidiaries are fully consolidated from the date on which control is transferred to the group up until when that control ceases. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated. Unrealised losses are also eliminated. Accounting policies of subsidiaries have been changed to ensure consistency with the policies adopted by the group. The group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition of an acquiree is the fair value of the assets transferred, liabilities incurred and the equity interests issued by the group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. On an acquisition-by-acquisition basis, the group recognises any non-controlling interests in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s net assets. The excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previously held equity interest in the acquiree over the fair value of the group’s share of the identifiable net assets acquired is recorded as goodwill. If this is less than the fair value of the net assets of the subsidiary acquired, in the case of a bargain purchase, the difference is recognised directly in the income statement below operating profit or loss.
Business combinations	The group uses the acquisition method of accounting to account for business combinations. The consideration transferred for the acquisition of an acquiree is the fair value of the assets transferred, liabilities incurred and the equity interests issued by the group. The consideration transferred includes the fair value of any asset or liability resulting from a contingent consideration arrangement. Acquisition-related costs are expensed as incurred. Identifiable assets acquired and liabilities and contingent liabilities assumed in a business combination are measured initially at their fair values at the acquisition date. On an acquisition-by-acquisition basis, the group recognises any non-controlling interests in the acquiree either at fair value or at the non-controlling interest’s proportionate share of the acquiree’s net assets. The excess of the sum of the consideration transferred, the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previously held equity interest in the acquiree over the fair value of the group’s share of the identifiable net assets acquired is recorded as goodwill. If this is less than the fair value of the net assets of the subsidiary acquired, in the case of a bargain purchase, the difference is recognised directly in the income statement below operating profit or loss.
Consolidation, Associates	(ii) Associates Associates are entities in which the group has significant influence, but not control, over operational and financial policies. This may be when there is a shareholding of between 20% and 50% of the voting rights or when significant influence can be otherwise demonstrated, for example where the group has the right of representation on the board of directors, or other governing body, of the entity. Investments in associates are accounted for by using the equity method of accounting, and are initially recognised at cost. The group’s investment in associates includes goodwill identified on acquisition. Cumulative post-acquisition movements are adjusted against the carrying amount of the investment. The group’s share of the associates’ post-acquisition profits or losses is recognised in the income statement, and its share of post-acquisition movement in reserves is recognised in other reserves. When the group’s share of losses in an associate equals or exceeds its interest in the associate, the group does not recognise further losses, unless it has incurred obligations or made payments on behalf of the associate. The carrying value of an associate is reviewed on a regular basis and, if impairment in the carrying value has occurred, it is written off in the period in which such impairment is identified. Accounting policies of associates have been reviewed to ensure consistency with the policies adopted by the group.
Consolidation, Joint arrangements	Joint arrangements Joint arrangements are arrangements of which two or more parties have joint control and are contractually bound. The joint arrangement can either be a joint operation or a joint venture. A joint operation is a joint arrangement whereby the parties that have joint control of the arrangement and have the right to the assets, and obligations for the liabilities, relating to the arrangement. These parties are called joint operators. A joint venture is a joint arrangement where the parties that have joint control of the arrangement have rights to the net assets of the arrangement. Those parties are called joint venturers. For interest in joint operations, the group includes its share of the joint operations' individual income and expenses, assets and liabilities and cash flows on a line-by-line basis with similar items in the group’s financial statements. Where an additional interest in a joint operation is acquired, the principles of IFRS 3 are applied to account for the transaction. The group recognises the portion of gains or losses on the sale of assets by the group to the joint operation that is attributable to the other joint operators. The group does not recognise its share of profits or losses from the joint operation that results from the purchase of assets by the group from the joint operation until it resells the assets to an independent party. However, if a loss on the transaction provides evidence of a reduction in the net realisable value of current assets or an impairment loss, the loss is recognised immediately. The group recognises its interest in a joint venture as an investment and accounts for it using the equity accounting method.
Consolidation, Structured entities	(iv) Structured entities A structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements. The accounting treatment for a structured entity will fall into one of the aforementioned categories (i to iii) depending on whether the group has control over that structured entity.
Foreign currency translation	Foreign currency translation (i) Functional and presentation currency Items included in the financial statements of each of the group’s entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in South African Rand, which is the group’s presentation currency. References to “A$” refers to Australian currency, “R” to South African currency, “$” or “US$” to United States currency and “PGK” or “Kina” to Papua New Guinean currency. (ii) Transactions and balances Foreign exchange gains and losses resulting from the settlement of foreign currency transactions and from the translation to year-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the income statement. This includes the gains and losses on the translation of the US$-denominated facilities. (iii) Group companies The results and financial position of all group entities (none of which has the currency of a hyperinflationary economy) that have a functional currency different from the presentation currency are translated into the presentation currency as follows: • Assets and liabilities for each balance sheet presented are translated at the closing rate at the date of that balance sheet while equity items are translated at historic rates • Income and expenses for each income statement are translated at average exchange rates (the rate on the date of the transaction is used if the average is not a reasonable rate for the translation of the transaction) • All resulting exchange differences are recognised as a separate component of other comprehensive income. On consolidation, exchange differences arising from the translation of the net investment in foreign operations, and of borrowings and other currency instruments designated as hedges of such investments, are taken to other comprehensive income. When a foreign operation is sold or control is otherwise lost, exchange differences that were recorded in other comprehensive income are recognised in profit or loss in the period of the disposal or change in control. Goodwill and fair value adjustments arising on the acquisition of a foreign operation are treated as assets and liabilities of the foreign entity and translated at the closing rate.
Functional and presentation currency	(i) Functional and presentation currency Items included in the financial statements of each of the group’s entities are measured using the currency of the primary economic environment in which the entity operates (the functional currency). The consolidated financial statements are presented in South African Rand, which is the group’s presentation currency. References to “A$” refers to Australian currency, “R” to South African currency, “$” or “US$” to United States currency and “PGK” or “Kina” to Papua New Guinean currency.
Derivatives and hedging activities	Derivatives and hedging activities Derivatives are initially recognised at fair value on the date a derivative contract is entered into and are subsequently remeasured to their fair value at the end of each reporting period. The accounting for subsequent changes in fair value depends on whether the derivative is designated as a hedging instrument, and if so, the nature of the item being hedged. The difference between the fair value of the derivative at initial recognition and expected forward transaction price is deferred and recognised as a day one gain or loss. The day one gain or loss is amortised over the derivative contract period and recognised in profit or loss in gains/losses on derivatives. The full fair value of a derivative is classified as a non-current asset or liability when the remaining maturity is more than 12 months; it is classified as a current asset or liability when the remaining maturity is less than 12 months. (i) Cash flow hedge The group designates certain derivatives as hedges of a particular risk associated with the cash flows of highly probable forecast transactions (cash flow hedges). At inception of the hedge relationship, the group documents the economic relationship between hedging instruments and hedged items, including whether changes in the cash flows of the hedging instruments are expected to offset changes in the cash flows of hedged items. The group documents its risk management objective and strategy for undertaking its hedge transactions. The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognised in other comprehensive income and accumulated in reserves in equity. The gain or loss relating to the ineffective portion is recognised immediately in profit or loss within gains/losses on derivatives. Amounts accumulated in equity are reclassified to profit or loss in the periods when the forecast sale that is hedged takes place and affects profit or loss. The gain or loss relating to the effective portion of the Rand and US$ gold forward sales contracts is recognised in profit or loss within revenue. When a hedging instrument expires or is sold or terminated, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognised when the forecast transaction that was hedged is ultimately recognised in profit or loss. When a forecast transaction is no longer expected to occur, the cumulative gain or loss that was reported in equity is immediately reclassified to profit or loss. 2 Accounting policies continued Group accounting policies continued 2.3 Derivatives and hedging activities continued (ii) Derivatives not designated for hedge accounting purposes Certain derivative instruments do not qualify for hedge accounting. Changes in the fair value as well as gains and losses on expiry, disposal or termination of any derivative instrument that does not qualify for hedge accounting are recognised immediately in profit or loss and are included in gains/losses on derivatives.
Exploration expenditure	2.4 Exploration expenditure The group has elected to expense all exploration and evaluation expenditures until it is concluded that the project is technically feasible and commercially viable, and that future economic benefits are therefore probable. The information used to make that determination depends on the level of exploration as well as the degree of confidence in the ore body as set out below. Exploration and evaluation expenditure on greenfield sites, being those where the group does not have any mineral deposits which are already being mined or developed, is expensed as incurred until the technical and commercial viability of the project has been demonstrated usually through the completion of a final feasibility study. However, in certain instances, the technical and commercial viability of the deposit may be demonstrated at an earlier stage, for example where an extended feasibility study is conducted and the underlying feasibility study in respect of specific components of the mineral deposit has advanced to such a stage that significant commercially viable reserves has been established, and the other criteria for the recognition of an asset have been met. At this point the expenditure is capitalised as mine development cost to the extent that future economic benefits are expected. Exploration and evaluation expenditure on brownfield sites, being those adjacent to mineral deposits which are already being mined or developed, is expensed as incurred until the group is able to demonstrate that future economic benefits are probable through the completion of a feasibility study, after which the expenditure is capitalised as mine development cost to the extent that future economic benefits are expected. A “feasibility study” consists of a comprehensive study of the viability of a mineral project that has advanced to a stage where the mining method has been established, and which, if an effective method of mineral processing has been determined, includes a financial analysis based on reasonable assumptions of technical, engineering, operating economic factors and the evaluation of other relevant factors. The feasibility study, when combined with existing knowledge of the mineral property that is adjacent to mineral deposits that are already being mined or developed, allows the group to conclude that the project is technically feasible and commercially viable. Exploration and evaluation expenditure relating to extensions of mineral deposits which are already being mined or developed, including expenditure on the definition of mineralisation of such mineral deposits, is capitalised as a mine development cost following the completion of an economic evaluation equivalent to a feasibility study. This economic evaluation is distinguished from a feasibility study in that some of the information that would normally be determined in a feasibility study is instead obtained from the existing mine or development. This information, when combined with existing knowledge of the mineral property already being mined or developed, allows the directors to conclude that the project is technically feasible and commercially viable.
Impairment of non-financial assets	Impairment of non-financial assets Assets that have an indefinite useful life are not subject to amortisation or depreciation and are tested annually for impairment or when there is an indication of impairment. Assets that are subject to amortisation are reviewed annually on 30 June for impairment or whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. An impairment loss is recognised in the income statement for the amount by which the asset’s carrying amount exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs to sell and value in use. For the purposes of assessing impairment, assets are grouped at the lowest levels for which there are separately identifiable cash flows (cash generating unit or CGU). Each operating shaft, along with allocated common assets such as plants and administrative offices, is considered to be a cash generating unit as each shaft is largely independent from the cash flows of other shafts and assets belonging to the group. Fair value less cost to sell is generally determined by using discounted estimated after-tax future cash flows. Future cash flows are estimated based on quantities of recoverable minerals, expected commodity prices (considering current and historical prices, price trends and related factors), production levels and cash costs of production, all based on life-of-mine (LoM) plans. Future cash flows are discounted to their present value using a post-tax discount rate that reflects current market assessments of the time value of money and risk specific to the asset. Refer to note 15 for detail. The term “recoverable minerals” refers to the estimated amount of gold that will be obtained from reserves and resources and all related exploration stage mineral interests (except for other mine-related exploration potential and greenfields exploration potential discussed separately below) after taking into account losses during ore processing and treatment. Estimates of recoverable minerals from such related exploration stage mineral interests will be risk adjusted based on management’s relative confidence in such materials. 2 Accounting policies continued Group accounting policies continued 2.5 Impairment of non-financial assets continued In estimating future cash flows, assets are grouped at the lowest level for which there are identifiable cash flows that are largely independent of cash flows from other asset groups. Except for other mine-related exploration potential and greenfields exploration potential, estimates of future undiscounted cash flows are included on an area of interest basis, which generally represents an individual operating mine, even if the mines are included in a larger mine complex. In the case of mineral interests associated with other mine-related exploration potential and greenfields exploration potential, cash flows and fair values are individually evaluated based primarily on recent exploration results and recent transactions involving sales of similar properties, if any. Assumptions underlying future cash flow estimates are subject to significant risks and uncertainties. Impairment losses on goodwill are recognised immediately in the income statement and are not reversed. The impairment testing is performed annually on 30 June or when events or changes in circumstances indicate that it may be impaired. Non-financial assets other than goodwill that suffered an impairment are reviewed annually for possible reversal of the impairment at 30 June. Reversal of impairments is also considered when there is objective evidence to indicate that the asset is no longer impaired. Where an impairment subsequently reverses, the carrying amount of the asset or CGU is increased to the revised estimate of its recoverable amount, but not higher than the carrying value that would have been determined had no impairment been recognised in prior years.
Operating profit	Operating profitThe group defines operating profit as the profit earned from the normal core mining operations. In reporting operating profit in the income statement, transactions for capital transactions involving subsidiaries, joint arrangements and associates are excluded from operating profit as these are not considered to be part of the mining operations of the Harmony group. Any gains or losses on capital transactions are presented below the operating profit line.
Revenue	Revenue from metal sales include the sale of gold, silver and uranium. Revenue from metal sales is recognised when the group satisfies its performance obligations under its contract with the customer, by transferring such metals to the customer's control. Transfer of control is generally determined to be when the risk and title to the metals passes to the customer. Revenue is measured based on the consideration specified in the contract with the customer and is driven by the quoted market prices of the metals. The effective portion of gains or losses on the derivatives designated as cash flow hedging items (forecast sales transactions) are recognised in revenue when the forecast sales transactions occur. See the accounting policy for derivatives and hedging activities in note 2.
Investment income	Interest income is recognised on the effective interest method, taking into account the principal outstanding and the effective rate over the period to maturity, when it is determined that such income will accrue to the group. Dividend income is recognised when the shareholder's right to receive payment is established. This is recognised at the last date of registration. Cash flows from interest and dividends received are classified under operating activities in the cash flow statement.
Finance costs	Borrowing costs are capitalised to the extent that they are directly attributable to the acquisition and construction of qualifying assets. Qualifying assets are assets that take a substantial time to get ready for their intended use. These costs are capitalised until the asset moves into the production phase. Other borrowing costs are expensed. The foreign exchange translation loss is included in the borrowing cost calculation to the extent that it is considered to be a part of interest. In a year where a foreign exchange gain is recognised on the borrowings’ translation, the potential impact thereof on the rate as well as the borrowing costs is disregarded.
Taxation	Taxation is made up of current and deferred taxation. The current income tax charge is calculated on the basis of the tax laws enacted or substantively enacted at the balance sheet date in the countries where the group operates and generates taxable income. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulations are subject to interpretation and establishes provisions, where appropriate, on the basis of amounts expected to be paid to the tax authorities. Deferred taxation is recognised on temporary differences existing at each reporting date between the tax base of all assets and liabilities and their carrying amounts. Substantively enacted tax rates are used to determine future anticipated effective tax rates which in turn are used in the determination of deferred taxation, except to the extent that deferred tax arises from the initial recognition of an asset or liability in a transaction that is not a business combination and does not affect the accounting or taxable profit or loss at the time of the transaction. Deferred tax is charged to profit or loss, except where the tax relates to items recognised in other comprehensive income or directly in equity, in which case the tax is also recognised in other comprehensive income or directly in equity. The effect on deferred tax of any changes in tax rates is recognised in the income statement, except to the extent that it relates to items previously charged or credited directly to equity. The principal temporary differences arise from amortisation and depreciation on property, plant and equipment, provisions, unutilised tax losses, unutilised capital allowances carried forward and unrealised gains and losses on the gold forward sale contracts. Deferred tax assets relating to the carry forward of unutilised tax losses and unutilised capital allowances are recognised to the extent that it is probable that future taxable profit will be available against which the unutilised tax losses and unutilised capital allowances can be utilised. The recoverability of these assets is reviewed at each reporting date and adjusted if recovery is no longer probable. Deferred income tax is provided on temporary differences arising from investments in subsidiaries, joint ventures and associates, except where the timing of the reversal of the temporary difference is controlled by the group and it is probable that the temporary difference will not reverse in the foreseeable future. Deferred income tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current tax liabilities and when the deferred income tax assets and liabilities relate to income taxes levied by the same taxation authority on either the taxable entity or different taxable entities where there is an intention to settle the balances on a net basis.
Dividends	Dividends declared are recognised in the period in which they are approved by the board of directors. Dividends are payable in South African Rand. Cash flows from dividends paid are classified under financing activities in the cash flow statement.
Mining assets	Mining assets Accounting policy Mining assets, including mine development costs and mine plant facilities, are initially recorded at cost, whereafter they are measured at cost less accumulated depreciation and impairment. Costs include expenditure that is directly attributable to the acquisition of the items. Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the group and the cost of the item can be measured reliably. The net assets of operations placed on care and maintenance are impaired to their recoverable amount. Expenditure on the care and maintenance of these operations is charged against income, as incurred. Mineral and surface use rights represent mineral and surface use rights for parcels of land, both owned and not owned by the group. Mineral and surface rights include acquired mineral use rights in production, development and exploration phase properties. The amount capitalised related to a mineral and surface right, either as an individual asset purchase or as part of a business combination, is the fair value at acquisition. The group’s mineral use rights are enforceable regardless of whether proved or probable reserves have been established. In certain limited situations, the nature of use changes from an exploration right to a mining right upon the establishment of proved and probable reserves. The group has the ability and intent to renew mineral use rights where the existing term is not sufficient to recover all identified and valued proved and probable reserves and/or undeveloped mineral interests. Depreciation Depreciation of mining assets is computed principally by the units-of-production method over life-of-mine based on estimated quantities of economically recoverable proved and probable reserves, which can be recovered in future from known mineral deposits. In most instances, proved and probable reserves provide the best indication of the useful life of the group’s mines (and related assets). However, in some instances, proved and probable reserves may not provide a realistic indication of the useful life of the mine (and related assets). This may be the case, for example, where management is confident that further inferred resources will be converted into measured and indicated resources and if they are economically recoverable, they can also be classified as proved and probable reserves. Management is approaching economic decisions affecting the mine on this basis, but has chosen to delay the work required to designate them formally as reserves. In assessing which resources to include so as to best reflect the useful life of the mine, management considers resources that have been included in the life-of-mine plan. To be included in the life-of-mine plan, resources need to be above the cut-off grade set by management, which means that the resource can be economically mined and is therefore commercially viable. This consistent systematic method for inclusion in the life-of-mine plan takes management’s view of the gold price, exchange rates as well as cost inflation into account. In declaring the resource, management would have had to obtain a specified level of confidence of the existence of the resource through drilling as required by the South African Code for Reporting Exploration Results, Mineral Resources and Mineral Reserves (SAMREC). Additional confidence in the existence, commercial viability and economical recovery of such resources may be based on historical experience and available geological information, such as geological information obtained from other operations that are contiguous to the group’s operations, as well as where the group mines continuations of these other operations’ orebodies and reefs. This is in addition to the drilling results obtained by the group and management’s knowledge of the geological setting of the surrounding areas, which would enable simulations and extrapolations to be done with a reasonable degree of accuracy. 15 Property, plant and equipment continued Mining assets continued Accounting policy continued In instances where management is able to demonstrate the economic recovery of such resources with a high level of confidence, such additional resources, which may also include certain, but not all, of the inferred resources, as well as the associated future development costs of accessing those resources, are included in the calculation of depreciation. The future development costs are those costs that need to be incurred to access these inferred resources, for example the costs to complete a decline or level, which may include infrastructure and equipping costs. These amounts have been extracted from the cash flow projections for the life-of-mine plans. Mineral rights associated with production phase mineral interests are amortised over the life-of-mine using the units-of-production method in order to match the amortisation with the expected underlying future cash flows. Impairment Testing for impairment is done in terms of the group policy as discussed in note 2.5. Scrapping of assets Where significant adverse changes have taken place relating to the useful life of an asset, that asset is tested for impairment in terms of the group policy as discussed in note 2.5. Whether or not an impairment is recognised, it is then necessary to review the useful lives and residual values of the assets within the CGU – this is reviewed at least annually. Where necessary, the useful lives and residual values of the individual assets are revised. Where the useful life of an asset is nil as a result of no future economic benefit expected from the use or disposal of that asset, it is necessary to derecognise the asset. The loss arising from the derecognition is included in profit or loss in the period in which the asset was derecognised. Stripping activities The removal of overburden and other mine waste materials is often necessary during the initial development of an opencast mine site, in order to access the mineral ore deposit. The directly attributable cost of this activity is capitalised in full within mining assets under construction, until the point at which the mine is considered to be capable of commercial production. The removal of waste material after the point at which a mine is capable of commercial production is referred to as production stripping. When the waste removal activity improves access to ore extracted in the current period, the costs of production stripping are charged to the income statement as operating costs in accordance with the principles of IAS 2 Inventories . Where production stripping activity both produces inventory and improves access to ore in future periods the associated costs of waste removal are allocated between the two elements. The portion which benefits future ore extraction is capitalised within stripping and development capital expenditure. If the amount to be capitalised cannot be specifically identified, it is determined based on the volume of waste extracted compared to expected volume for the identified component of the orebody. Components are specific volumes of a mine’s orebody that are determined by reference to the life-of-mine plan. In certain instances significant levels of waste removal may occur during the production phase with little or no associated production. The cost of this waste removal is capitalised in full. All amounts capitalised in respect of waste removal are depreciated using the units-of-production method based on proved and probable ore reserves of the component of the orebody to which they relate. The effects of changes to the life-of-mine plan on the expected cost of waste removal or remaining reserves for a component are accounted for prospectively as a change in estimate.
Mining assets under construction	At the group’s surface mines, when it has been determined that a mineral property can be economically developed as a result of establishing proved and probable reserves, costs incurred to develop the property are capitalised as incurred until the mine is considered to have moved into the production phase. These costs include costs to further delineate the orebody and remove overburden to initially expose the orebody. At the group’s underground mines, all costs incurred to develop the property, including costs to access specific ore blocks or other areas of the underground mine, are capitalised to the extent that such costs will provide future economic benefits. These costs include the cost of shaft sinking and access, the costs of building access ways, lateral development, drift development, ramps, box cuts and other infrastructure development. Where a depreciable asset is used in the construction or extension of a mine, the depreciation is capitalised against the mine’s cost. Exploration properties acquired are recognised in the balance sheet within development cost and are shown at cost less provisions for impairment determined in accordance with the group’s accounting policy on impairment of non-financial assets. Mineral interests associated with development and exploration phase mineral interests are not amortised until such time as the underlying property is converted to the production stage. Capitalisation of pre-production costs ceases when commercial levels of production are reached. Commercial levels of production are discussed under “production start date” above.
Undeveloped properties	Undeveloped properties are initially recognised at cost, which is generally based on the fair value of resources obtained through acquisitions. The carrying values of these properties are tested annually for impairment. Once development commences, these properties are transferred to mining assets and accounted for in accordance with the related accounting policy.
Other non-mining assets	Land is shown at cost and not depreciated. Other non-mining fixed assets are shown at cost less accumulated depreciation and accumulated impairment losses. Other non-mining fixed assets are depreciated on a straight-line basis over their estimated useful lives as follows: • Vehicles at 20% per year • Computer equipment at 33.3% per year • Furniture and equipment at 16.67% per year. The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.
Intangible assets	Intangible assets consist of all identifiable non-monetary assets without physical substance. They are stated at cost less accumulated amortisation and accumulated impairment losses, if any. The following are the main categories of intangible assets: Goodwill Goodwill is an intangible asset with an indefinite useful life which is not amortised but tested for impairment on an annual basis, or when there is an indication of impairment. The excess of consideration transferred over the amount of any non-controlling interest in the acquiree and the acquisition-date fair value of any previously held equity interest in the acquiree over the fair value of the group’s share of the identifiable net assets acquired is recorded as goodwill. Goodwill on acquisition of subsidiaries, joint operations and businesses is included in intangible assets. Goodwill on acquisition of associates is included in investments in associates and tested for impairment as part of the overall balance. Goodwill is tested annually for impairment and carried at cost less accumulated impairment losses. Goodwill is allocated to cash generating units for the purpose of impairment testing. The allocation is made to those cash generating units or groups of cash generating units that are expected to benefit from the business combination in which the goodwill arose. If the composition of one or more cash generating units to which goodwill has been allocated changes due to a re-organisation, the goodwill is re-allocated to the units affected. The gain or loss on disposal of an entity includes the carrying amount of goodwill relating to the entity sold. Technology-based assets Acquired computer software licences that require further internal development are capitalised on the basis of costs incurred to acquire and bring to use the specific software. These technology-based assets are classified as intangible assets with a finite useful life. These assets are amortised on a straight-line basis over their estimated useful lives, which are reviewed annually, as follows: • Computer software at 20% per year.
Financial assets	financial assets (applicable to notes 17, 18, 19 and 20) Financial assets are initially recognised when the group becomes a party to their contractual arrangements. On initial recognition, a financial asset is classified as measured at: • Amortised cost • Fair value through other comprehensive income (FVTOCI) or • Fair value through profit or loss (FVTPL). A financial asset is classified as measured at amortised cost if it is held within the business model whose objective is to hold assets to collect contractual cash flows and its contractual terms give rise, on specified dates, to cash flows that are solely payments of principal and interest on the principal amount outstanding. The group measures a financial asset initially at its fair value plus, in the case of a financial asset not at FVTPL, transaction costs that are directly attributable to the acquisition of the financial asset. Transaction costs of financial assets carried at FVTPL are expensed. The subsequent measurement of financial assets is discussed below. Financial asset category Description Debt instruments at amortised cost Financial assets at amortised cost consist of restricted cash, restricted investments, loans, trade receivables and cash and cash equivalents. Interest income from these financial assets is included in investment income using the effective interest rate method. Any gain or loss arising on derecognition is recognised directly in profit or loss. Impairment losses are presented in other operating expenses in the income statement. Debt instruments at fair value through profit or loss Equity-linked investments which are held to meet rehabilitation liabilities are classified as FVTPL. Debt instruments where the contractual cash flows fail to meet the solely payments of principal and interest (SPPI) criteria are also classified as FVTPL. A gain or loss on a debt investment that is subsequently measured at FVTPL is recognised in profit or loss and presented net within investment income in the period in which it arises. On derecognition of a financial asset, the difference between the proceeds received or receivable and the carrying amount of the asset is included in profit or loss. Equity instruments designated at fair value through OCI The group's equity investments are designated as FVTOCI. The group subsequently measures all equity investments at fair value. Where the group's management has elected to present fair value gains and losses on equity investments in OCI, there is no subsequent reclassification of fair value gains and losses to profit or loss following the derecognition of the investment. Dividends from such investments are recognised when the group’s right to receive payments is established either in profit or loss as other income or as a deduction against the asset if the dividend clearly represents a recovery of part of the cost of the investment. Residual values in OCI are reclassified to retained earnings on derecognition of the related FVTOCI instruments. Impairment losses on financial assets at amortised cost are assessed using the forward-looking expected credit loss (ECL) approach. ECLs are a probability-weighted estimate of credit losses. Credit losses are measured as the present value of all cash shortfalls (ie the difference between the cash flows due to the entity in accordance with the contract and the cash flows that the group expects to receive). At each reporting date, the group assesses whether financial assets carried at amortised cost are credit impaired. A financial asset is ‘‘credit impaired’’ when one or more events that have a detrimental impact on the estimated future cash flows of the financial asset have occurred. Trade receivable loss allowances are measured at an amount equal to lifetime ECLs. Loss allowances are deducted from the gross carrying amount of the assets. Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is a legally enforceable right to offset the recognised amounts and there is an intention to settle on a net basis, or realise the asset and settle the liability simultaneously.
Environmental trust funds	Contributions are made to the group's environmental trust funds, created in accordance with statutory requirements, to fund the estimated cost of pollution control, rehabilitation and mine closure at the end of the life of the group's mines. The trusts are consolidated into the group as the group exercises control of the trusts. The measurement of the investments held by the trust funds is dependent on their classification under financial assets. Income received and gains are treated in accordance with these classifications. The equity-linked notes and investment in unit trusts are classified and measured at fair value through profit or loss, while the equity investments are classified and measured at fair value through other comprehensive income. Interest-bearing short-term investments as well as investment in government bonds are classified and measured as debt instruments at amortised cost.
Inventories	Inventories, which include bullion on hand, gold-in-process, gold in lock-up, ore stockpiles and consumables, are measured at the lower of cost and net realisable value. Net realisable value is assessed at each reporting date and is determined with reference to relevant market prices. The cost of bullion, gold-in-process and gold in lock-up is determined by reference to production cost, including amortisation and depreciation at the relevant stage of production. Ore stockpiles are valued at average production cost. Stockpiles and gold in lock-up are classified as non-current assets where the stockpile's volume exceeds current processing capacity and where a portion of static gold in lock-up is expected to be recovered more than 12 months after balance sheet date. Gold-in-process inventories represent materials that are currently in the process of being converted to a saleable product. In-process material is measured based on assays of the material fed to process and the projected recoveries at the respective plants. In-process inventories are valued at the average cost of the material fed to process attributable to the source material coming from the mine or stockpile plus the in-process conversion costs, including the applicable depreciation relating to the process facility, incurred to that point in the process. Gold-in-process includes gold in lock-up, which is generally measured from the plants onwards. Gold in lock-up is expected to be extracted when plants are demolished at the end of their useful lives, which is largely dependent on the estimated useful life of the operations feeding the plants. At the group’s open pit operations, gold-in-process represents production in broken ore form. Consumables are valued at weighted average cost value after appropriate allowances for slow-moving and redundant items.
Issued capital	Ordinary shares are classified as equity, incremental costs directly attributable to the issue of new shares or options are shown in equity as a deduction, net of tax, from the proceeds. The cost of treasury shares is eliminated against the share capital balance.
Provisions	provisions (applicable to notes 26, 27, and 30) Provisions are recognised when the group has a present legal or constructive obligation as a result of past events where it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate of the amount of the obligation can be made. The amount recognised as a provision is the net present value of the best estimate of the expenditure required to settle the present obligation at balance sheet date. It is calculated using a pre-tax rate that reflects the current market assessment of the time value of money and the risks specific to the obligation. The estimate takes into account the associated risks and uncertainties. The increase in the provision due to the passage of time is recognised as interest expense. Provisions are reviewed at each balance sheet date and adjusted to reflect the current best estimate. If it is no longer probable that an outflow of economic benefits will be required, the provision is reversed.
Provision for environmental rehabilitation	Estimated long-term environmental obligations, comprising pollution control, rehabilitation and mine closure, are based on the group’s environmental management plans in compliance with current technological, environmental and regulatory requirements. Based on disturbances to date, the net present value of expected rehabilitation cost estimates is recognised and provided for in full in the financial statements. The estimates are reviewed annually and are discounted using a pre-tax risk-free rate that is adjusted to reflect the current market assessments of the time value of money and the risks specific to the obligation. Annual changes in the provision consist of finance costs relating to the change in the present value of the provision and inflationary increases in the provision estimate, as well as changes in estimates. The present value of environmental disturbances created is capitalised to mining assets against an increase in the rehabilitation provision. If a decrease in the liability exceeds the carrying amount of the asset, the excess is recognised immediately in the income statement. If the asset value is increased and there is an indication that the revised carrying value is not recoverable, impairment is assessed in accordance with the accounting policy dealing with impairments of non-financial assets (refer to note 2.5). Rehabilitation projects undertaken included in the estimates are charged to the provision as incurred. The cost of ongoing current programmes to prevent and control pollution is charged against income as incurred. Over time, the liability is increased to reflect an interest element, and the capitalised cost is depreciated over the life of the related asset.
Employee benefits	The group provides medical cover to current employees and certain retirees through certain funds. The medical accounting costs for the defined benefit plan are assessed using the projected unit credit method. The healthcare obligation is measured at the present value of the estimated future cash outflows using government bond interest rates consistent with the terms and risks of the obligation. Actuarial gains and losses as a result of these valuations are recognised in other comprehensive income (OCI) at revaluation date. Actuarial gains and losses recognised in OCI will not be recycled to profit or loss. The future liability for current and retired employees and their dependants is accrued in full based on actuarial valuations obtained annually.Pension, provident and medical benefit plans are funded through monthly contributions. The group pays fixed contributions into a separate entity in terms of the defined contribution pension, provident and medical plans which are charged to the income statement in the year to which they relate. The group's liability is limited to its monthly determined contributions and it has no further liability, legal or constructive, if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods. Refer to note 27 for details of the post-retirement medical benefit plan. • Termination benefits are payable when employment is terminated before the normal retirement date, or whenever an employee accepts voluntary redundancy in exchange for these benefits. The group recognises termination benefits at the earlier of the following dates: (a) when the group can no longer withdraw the offer of those benefits; and (b) when the entity recognises costs for a restructuring that is within the scope of IAS 37 Provisions, Contingent Liabilities and Contingent Assets , and involves the payment of termination benefits. In the case of an offer made to encourage voluntary redundancy, the termination benefits are measured based on the number of employees expected to accept the offer. Benefits falling due more than 12 months after balance sheet date are discounted to present value.
Leases	The group assesses the presence of a lease in a contract as at the commencement date of the agreement. Having determined that a contract contains a lease asset (and respective contractual cash obligations), Harmony recognises a right-of-use asset and lease liability. The group discloses expensed amounts for contracts assessed as variable leases, low value asset leases and short-term leases. The disclosed value of these expensed leases is either determined on a straight-line basis over the duration of the lease or on a systematic basis that fairly indicates the consumption of the lease contract. All expensed lease contracts are recognised in production costs, corporate, administration and other expenditure in the income statement. The group applies the following practical expedients when assessing lease contracts: • The low value lease exemption – the group has elected to take the low value exemption with a value of R50 000 for the individual leased asset value and also applied its accounting policy on capitalisation of assets based on IAS 1 materiality assessment • The short-term lease exemption – leases with a duration of less than a year will be expensed in the income statement on a straight-line basis • Non-lease components – the group has applied the practical expedient not to separate non-lease components from lease components, and instead account for each lease component and any associated non-lease components as a single lease component for the classes of the underlying asset where it is appropriate to do so. The lease liability is initially measured at the present value of the lease payments that are not paid at the commencement date, discounted by using the rate implicit in the lease. If this rate cannot be readily determined, the group uses its incremental borrowing rate. The group has applied the IFRS 16 portfolio approach in determining the discount rate for leases. As such, a single discount rate has been used for contracts that share similar characteristics. The group has determined that a portfolio of contracts that are denominated in the same currency may use a single discount rate. This rate has been determined using various factors including in-country borrowings as well as other sources of finance. The nature of the right-of-use assets was also considered. Lease payments included in the measurement of the lease liability comprise: • Fixed lease payments (including in-substance fixed payments), less any lease incentives • Variable lease payments that depend on an index or rate, initially measured using the index or rate at the commencement date • The amount expected to be payable by the lessee under residual value guarantees • The exercise price of purchase options, if the lessee is reasonably certain to exercise the options • Payments of penalties for terminating the lease, if the lease term reflects the exercise of an option to terminate the lease. The non-current and current portions of the lease liability is included in other non-current liabilities and trade and other payables in the balance sheet respectively. 28 Leases continued Accounting policy continued The lease liability is subsequently measured by increasing the carrying amount to reflect interest on the lease liability (using the effective interest method) and by reducing the carrying amount to reflect the lease payments made. The group remeasures the lease liability (and makes a corresponding adjustment to the related right-of-use asset) whenever: • The lease term has changed or there is a change in the assessment of exercise of a purchase option, in which case the lease liability is remeasured by discounting the revised lease payments using a revised discount rate • The lease payments change due to changes in an index or rate or a change in expected payment under a guaranteed residual value, in which cases the lease liability is remeasured by discounting the revised lease payments using the initial discount rate (unless the lease payments change is due to a change in a floating interest rate, in which case a revised discount rate is used) • A lease contract is modified and the lease modification is not accounted for as a separate lease, in which case the lease liability is remeasured by discounting the revised lease payments using a revised discount rate. The right-of-use assets comprise the initial measurement of the corresponding lease liability, lease payments made at or before the commencement day, any initial direct costs and restoration costs as described below. They are subsequently measured at cost less accumulated depreciation and impairment losses. The lease term shall be determined as the non-cancellable period of a lease, together with: • Periods covered by an option to extend the lease if management is reasonably certain to make use of that option and/or • Periods covered by an option to terminate the lease, if management is reasonably certain not to make use of that option. Whenever the group incurs an obligation for costs to dismantle and remove a leased asset, restore the site on which it is located or restore the underlying asset to the condition required by the terms and conditions of the lease, a provision is recognised and measured under IAS 37 Provisions, Contingent Liabilities and Contingent Assets . The costs are included in the related right-of-use asset, unless those costs are incurred to produce inventories. Right-of-use assets are depreciated over the shorter period of lease term and useful life of the underlying asset. If a lease transfers ownership of the underlying asset or the cost of the right-of-use asset reflects that the group expects to exercise a purchase option, the related right-of-use asset is depreciated over the useful life of the underlying asset. The depreciation starts at the commencement date of the lease. The right-of-use assets are presented in the property, plant and equipment line in the balance sheet. The group applies its existing accounting policy on impairment of non-financial assets to determine whether a right-of-use asset is impaired and accounts for any identified impairment loss accordingly.
Contingent consideration	The contingent consideration liability was initially recognised at fair value on 1 October 2020 in accordance with IFRS 3. The liability was included as part of the consideration transferred for the acquisition of the Mponeng operations and related assets (refer to note 14). Changes in the fair value of the liability subsequent to initial recognition are included in other operating expenses.
Streaming arrangement	The streaming contract was assessed and has been accounted for as an own-use customer contract. At acquisition, the streaming contract was initially recognised at a fair value (refer to note 14) of R1.4 billion in accordance with IFRS 3. The fair value of the contract took into consideration the existing unfavourable gold price terms at acquisition, in relation to the comparative market gold price. The obligation to deliver the contractually stipulated ounces over the remaining term of the agreement results in a significant financing component. The interest accrues on the contract liability over the remaining contractual term. As the performance obligation to deliver gold is met, the contract liability unwinds into revenue classified as "consideration from streaming contract" in note 5. The current portion of the liability is determined with reference to the current production profile of the operation for the next 12 months.
Financial liabilities	financial liabilities (applicable to notes 32 and 33) Financial liabilities are initially measured at fair value when the group becomes a party to their contractual arrangements. Transaction costs are included in the initial measurement of financial liabilities, except for financial liabilities classified at fair value through profit or loss. The subsequent measurement of financial liabilities is discussed below. A financial liability is derecognised when the obligation under the liability is discharged, cancelled or expires. The group classifies financial liabilities as follows: • Borrowings are initially recognised at fair value net of transaction costs incurred and subsequently measured at amortised cost, comprising original debt less principal payments and amortisation, using the effective yield method. Any difference between proceeds (net of transaction cost) and the redemption value is recognised in the income statement over the period of the borrowing using the effective interest rate method. Extension options of borrowings facilities are treated as loan commitments. Fees paid on the establishment of the loan facilities are capitalised as a pre-payment and amortised over the period of the facility to which it relates, to the extent it is probable that some or all of the facility will be drawn down. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is expensed. Borrowings are classified as current liabilities unless the group has an unconditional right to defer settlement of the liability for at least 12 months after the balance sheet date. • Trade and other payables are recognised initially at fair value and subsequently measured at amortised cost using the effective interest method. Payables are classified as current liabilities if payment is due within a year or less. If not, they are presented as non-current liabilities.
Trade and other payables	The group accrues for the cost of the leave days granted to employees during the period in which the leave days accumulate.
Share-based payments	The group operates the following employee share incentive plans where the group granted share options to certain employees in exchange for services received: • The 2006 equity-settled share-based payments plan (2006 share plan) • The equity-settled Sisonke Employee Share Ownership Plan (Sisonke ESOP) initially awarded in 2019 • The equity-settled Management Deferred Share Plan (DSP) initially awarded in 2020. Equity-settled share-based payments are measured at fair value that includes market performance conditions but excludes the impact of any service and non-market performance conditions of the equity instruments at the date of the grant. The share-based payments are expensed over the vesting period, based on the group's estimate of the shares that are expected to eventually vest. The group used an appropriate option pricing model in determining the fair value of the options granted. Non-market vesting conditions are included in assumptions about the number of options that are expected to vest. At each balance sheet date, the estimates of the number of options that are expected to become exercisable are revised.
Segment report	Operating segments are reported in a manner consistent with the internal reporting provided to the chief operating decision maker (CODM). The chief operating decision maker has been identified as the CEO's office.

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Jun. 30, 2022
Revenue [abstract]
Disclosure of Revenue	SA Rand Figures in million 2022 2021 2020 Revenue from contracts with customers 41 677 43 632 30 642 Gold (a) 40 774 42 597 29 704 Silver (b) 663 857 839 Uranium (c) 240 178 99 Consideration from streaming contract 1 471 397 — Hedging gain/(loss) 2 497 (2 296) (1 397) Total revenue 3 42 645 41 733 29 245 1 Relates to the recognition of non-cash consideration recognised as part of revenue for the streaming arrangement. Refer to note 31 for further information. 2 Relates to the realised effective portion of the hedge-accounted gold derivatives. Refer to note 19 for further information. 3 A geographical analysis of revenue is provided in the segment report. Refer to note 41 for further information.
Average Commodity Price [Table Text Block]	Below are the average commodity prices received for the financial years: 2022 2021 2020 Gold 1 – US$ per ounce (US$/oz) 1 829 1 719 1 461 – Rand per kilogram (R/kg) 894 218 851 045 735 569 Silver – US$ per ounce (US$/oz) 23.09 25.45 16.85 – Rand per kilogram (R/kg) 11 293 12 602 8 485 Uranium – US$ per pound (US$/lb) 45.14 29.76 25.34 – Rand per kilogram (R/kg) 1 514 1 010 875 1 The gold price includes the realised effective portion of the hedge-accounted gold derivatives.

Cost of Sales (Tables)

Cost of Sales (Tables)	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Disclosure of Cost of Sales	Cost of sales SA Rand Figures in million 2022 2021 2020 Production costs (a) 33 099 29 774 22 048 Amortisation and depreciation of mining assets (b) 3 622 3 777 3 409 Amortisation and depreciation of assets other than mining assets (b) 61 98 99 Rehabilitation expenditure (c) 136 135 47 Care and maintenance costs of restructured shafts (d) 273 144 146 Employment termination and restructuring costs (e) 218 332 40 Share-based payments (f) 143 114 130 Impairment of assets (g) 4 433 1 124 — Other (58) (9) (11) Total cost of sales 41 927 35 489 25 908 (a) Production costs include mine production, transport and refinery costs, applicable general administrative costs, movement in inventories and ore stockpiles, ongoing environmental rehabilitation costs and transfers for stripping activities. Employee termination costs are included, except for employee termination costs associated with major restructuring and shaft closures, which are separately disclosed. Production costs increased by R3 325 million (11% year on year) during 2022. These costs increased mainly due to the inclusion of the Mponeng operations and related assets for a full financial year, and inflationary pressures on costs including labour, electricity and consumables. This was partially offset by a reduction in the royalty expense in the current year due to lower profits which impacted the rates at which the royalties are calculated. Production costs increased by R7 726 million (35% year on year) during the 2021 year. These costs increased mainly as a result of the acquisition of the Mponeng operations and related assets, which contributed R5 230 million to the increase. The remaining increase is mainly attributable to higher utilities and labour costs as a result of annual increases. Also contributing is the royalty expense which increased due to increased profitability as a result of the higher gold prices, which also impacted on the rates at which royalties are calculated. Production costs, analysed by nature, consist of the following: SA Rand Figures in million 2022 2021 2020 Labour costs, including contractors 19 350 17 585 13 004 Consumables 8 581 7 218 5 441 Water and electricity 6 009 5 138 3 664 Change in inventory 21 69 (70) Capitalisation of mine development costs (2 576) (2 117) (1 485) Stripping activities (1 096) (1 047) (675) Royalty expense 360 637 327 Other 2 450 2 291 1 842 Total production costs 33 099 29 774 22 048 6 Cost of sales continued (b) The decrease for the 2022 year is predominantly as a result of the operational challenges experienced at the Hidden Valley operation, which resulted in lower production and therefore a decrease in depreciation year on year of R651 million. This was partially offset by increased depreciation at the other operations. Notably, Mine Waste Solutions had a year-on-year increase of R227 million, primarily due to new assets being brought into use. Mponeng also recorded an increase, due to the consolidation for the full year for 2022 compared to nine months for 2021, amounting to R54 million. With the closure of Bambanani earlier than initially planned, additional depreciation of R56 million was recorded due to the shortened life of the operation. The increase for the 2021 year is as a result of the operations running for the entire year with no lockdown while the charge for 2020 was impacted by lower production due to the closure of underground operations as a result of the Covid-19 pandemic. The inclusion of the Mponeng operations and related assets in the asset base also contributes to the increase year on year. Amortisation and depreciation of assets other than mining assets includes the amortisation of intangible assets. (c) For the assumptions used to calculate the rehabilitation costs, refer to note 26. This expense includes the change in estimate for the rehabilitation provision where an asset no longer exists as well as costs related to the rehabilitation process. For 2022, R65 million (2021: R15 million) (2020: R47 million) was spent on rehabilitation in South Africa. Refer to note 26. The acquisition of the Mponeng operations and related assets resulted in Harmony taking on the rehabilitation liability for these operations, resulting in a R80 million increase in the rehabilitation provision expense for the 2021 year, as compared with 2020. (d) The increase in the 2022 year is mainly due to the Vaal River surface operations and Kopanang gold plant being placed on care and maintenance at the end of the 2021 year, which contributed R117 million to the total. (e) During 2021, a new programme for voluntary and medical severance packages was offered to employees, partially related to the closure of Unisel. The decrease in 2022 is due to a lower number of employees taking up voluntary severance packages year on year. The employment termination and restructuring expenditure for 2020 relates to the voluntary severance programme in place to reduce labour costs. (f) Refer to note 36 for details on the share-based payment schemes implemented by the group. (g) Management performed an assessment for indicators of impairment as well as indicators of reversal of previously recorded impairment losses at 30 June 2022. Due to the net asset value (before any impairments recognised) exceeding the market capitalisation of Harmony as at 30 June 2022, as well as increased operating costs, the recoverable amounts for all cash generating units (CGUs) were calculated. The recoverable amounts for these assets were determined on a fair value less cost to sell basis using assumptions per note 15 in the discounted cash flow models and attributable resource values. These are fair value measurements classified as level 3. Based on the impairment tests performed, impairments were recorded on certain operations for the 2022 year. Where CGUs had previously been impaired, management considered whether the impairment loss (or the contributors to the previously recognised impairment loss) no longer exists or might have decreased. Management considered general and specific factors for each CGU and concluded that although overall the gold price environment had improved from the time that the impairment losses had been recognised, the specific circumstances that led to the original impairments had not reversed. Furthermore, the service potential of the asset has not increased. Management therefore resolved it to be appropriate for no reversal of previously recognised impairment losses to be recorded for the year ended 30 June 2022. There also was no reversal of impairment for the 2021 or 2020 financial years. Refer to note 15 for further information. The impairment of assets consists of the following: SA Rand Figures in million 2022 2021 2020 Tshepong Operations 3 622 759 — Moab Khotsong 522 — — Kusasalethu 145 — — Bambanani 144 187 — Target 3 — 178 — Total impairment of assets 4 433 1 124 — 6 Cost of sales continued (g) Impairment of assets continued The Tshepong Operations were disaggregated into two separate CGUs being the Tshepong North CGU and the Tshepong South (also known as the Phakisa section) CGU, for impairment testing at 30 June 2022. This is due to the decision taken during the FY23 budget process in June 2022, to reinvest in the two individual operations to maximise individual profitability following the change to Tshepong North's life-of-mine with the sub-75 decline project being halted. Based on the forward-looking nature of the impairment assessment, a separate impairment calculation was prepared for each of the CGUs. The disaggregation of CGUs did not have an impact on reportable segments in terms of IFRS 8 Operating Segments as disclosed in the segment report, since information reported to the chief operating decision maker for the 2022 financial year was still for the combined Tshepong Operations. Going forward, however, Tshepong North and Tshepong South will be disclosed as separate reportable segments. The recoverable amounts of the CGUs where impairments were recognised as at 30 June 2022 are as follows: SA Rand Recoverable amount Figures in million Life-of-mine plan Resource Total Tshepong Operations For Tshepong South, the individual life-of-mine plan included additional capital to address flexibility constraints at the operation. Costs also increased significantly as a result of inflationary pressures. These changes along with a higher post-tax discount rate of 11.67% (2021: 10.11% for Tshepong Operations), negatively affected the discounted cash flows used to determine the recoverable amount of the operation. 1 645 — 1 645 The impairment of Tshepong North was as a result of increased cost of both production and capital expenditure and an increased post-tax discount rate of 11.67% (2021: 10.11% for Tshepong Operations). The recoverable amount was also affected by the reclassification of production for the sub-75 level from reserves in the life-of-mine plan to the resource base, which is subject to a higher discount rate of 13.72% (2021: 12.02%). 1 088 850 1 938 Moab Khotsong The updated life-of-mine plan included an increase in working and capital costs as a result of inflationary pressures. The updated life-of-mine plan also includes additional capital expenditure which relates to the Zaaiplaats project after finalisation of its detailed design plan during the current financial year. This impacted the discounted cash flows used to determine the recoverable amount of the operation. The recoverable amount was further impacted by an increased post-tax discount rate of 10.44% (2021: 9.35%). 3 748 — 3 748 Kusasalethu A decrease in tonnes combined with a decrease in grade over the remainder of the life-of-mine of the operation lead to a decrease in gold production. The reduction is due to an updated plan to mitigate safety risks that exist at the operation. 806 — 806 Bambanani The life-of-mine plan of the operation was revised in the period ended 31 December 2021, bringing the closure of the operation forward from June 2024 to June 2022. This was as a result of the increased seismicity and related risk increasing as pillars were mined out. At 31 December 2021, the post-tax recoverable amount was derived from expected cash flows as per the life-of-mine plans and amounted to R36 million. The recoverable amount is now Rnil, as the operation was closed down during June 2022. The assumptions used in the December impairment assessment included a gold price of US$1 782/oz, an exchange rate of R15.36/US$1, a final gold price of R880 000/kg and a post-tax real discount rate of 12.59%. This resulted in a post-tax recoverable amount of R36 million at 31 December 2021. — — — 6 Cost of sales continued (g) Impairment of assets continued The recoverable amounts of the CGUs where impairments were recognised as at 30 June 2021 are as follows: SA Rand Recoverable amount Figures in million Life-of-mine plan Resource Total Tshepong Operations The updated life-of-mine plan included a reduction in planned gold resulting from lower grade. There was also a change in the mining profile in the revised life-of-mine plan, which impacted on the timing of cash flows, which were then later than in comparison to the prior-year plan. These changes affected the discounted cash flows used to determine the recoverable amount of the operation. 4 847 936 5 783 Bambanani The impairment of goodwill on Bambanani was mainly as a result of a reduction in grade over the remainder of the operation's life. The reduction in grade is due to unexpected changes in the orebody and a lower mine call factor. 341 — 341 Target 3 Previous plans to explore the sale of the operation have been abandoned and further development is not a viable option at this stage. Therefore management has determined a recoverable amount of Rnil. — — —
Disclosure of Production Costs	Production costs, analysed by nature, consist of the following: SA Rand Figures in million 2022 2021 2020 Labour costs, including contractors 19 350 17 585 13 004 Consumables 8 581 7 218 5 441 Water and electricity 6 009 5 138 3 664 Change in inventory 21 69 (70) Capitalisation of mine development costs (2 576) (2 117) (1 485) Stripping activities (1 096) (1 047) (675) Royalty expense 360 637 327 Other 2 450 2 291 1 842 Total production costs 33 099 29 774 22 048
Disclosure of Impairment of Assets	Management performed an assessment for indicators of impairment as well as indicators of reversal of previously recorded impairment losses at 30 June 2022. Due to the net asset value (before any impairments recognised) exceeding the market capitalisation of Harmony as at 30 June 2022, as well as increased operating costs, the recoverable amounts for all cash generating units (CGUs) were calculated. The recoverable amounts for these assets were determined on a fair value less cost to sell basis using assumptions per note 15 in the discounted cash flow models and attributable resource values. These are fair value measurements classified as level 3. Based on the impairment tests performed, impairments were recorded on certain operations for the 2022 year. Where CGUs had previously been impaired, management considered whether the impairment loss (or the contributors to the previously recognised impairment loss) no longer exists or might have decreased. Management considered general and specific factors for each CGU and concluded that although overall the gold price environment had improved from the time that the impairment losses had been recognised, the specific circumstances that led to the original impairments had not reversed. Furthermore, the service potential of the asset has not increased. Management therefore resolved it to be appropriate for no reversal of previously recognised impairment losses to be recorded for the year ended 30 June 2022. There also was no reversal of impairment for the 2021 or 2020 financial years. Refer to note 15 for further information. The impairment of assets consists of the following: SA Rand Figures in million 2022 2021 2020 Tshepong Operations 3 622 759 — Moab Khotsong 522 — — Kusasalethu 145 — — Bambanani 144 187 — Target 3 — 178 — Total impairment of assets 4 433 1 124 — 6 Cost of sales continued (g) Impairment of assets continued The Tshepong Operations were disaggregated into two separate CGUs being the Tshepong North CGU and the Tshepong South (also known as the Phakisa section) CGU, for impairment testing at 30 June 2022. This is due to the decision taken during the FY23 budget process in June 2022, to reinvest in the two individual operations to maximise individual profitability following the change to Tshepong North's life-of-mine with the sub-75 decline project being halted. Based on the forward-looking nature of the impairment assessment, a separate impairment calculation was prepared for each of the CGUs. The disaggregation of CGUs did not have an impact on reportable segments in terms of IFRS 8 Operating Segments as disclosed in the segment report, since information reported to the chief operating decision maker for the 2022 financial year was still for the combined Tshepong Operations. Going forward, however, Tshepong North and Tshepong South will be disclosed as separate reportable segments. The recoverable amounts of the CGUs where impairments were recognised as at 30 June 2022 are as follows: SA Rand Recoverable amount Figures in million Life-of-mine plan Resource Total Tshepong Operations For Tshepong South, the individual life-of-mine plan included additional capital to address flexibility constraints at the operation. Costs also increased significantly as a result of inflationary pressures. These changes along with a higher post-tax discount rate of 11.67% (2021: 10.11% for Tshepong Operations), negatively affected the discounted cash flows used to determine the recoverable amount of the operation. 1 645 — 1 645 The impairment of Tshepong North was as a result of increased cost of both production and capital expenditure and an increased post-tax discount rate of 11.67% (2021: 10.11% for Tshepong Operations). The recoverable amount was also affected by the reclassification of production for the sub-75 level from reserves in the life-of-mine plan to the resource base, which is subject to a higher discount rate of 13.72% (2021: 12.02%). 1 088 850 1 938 Moab Khotsong The updated life-of-mine plan included an increase in working and capital costs as a result of inflationary pressures. The updated life-of-mine plan also includes additional capital expenditure which relates to the Zaaiplaats project after finalisation of its detailed design plan during the current financial year. This impacted the discounted cash flows used to determine the recoverable amount of the operation. The recoverable amount was further impacted by an increased post-tax discount rate of 10.44% (2021: 9.35%). 3 748 — 3 748 Kusasalethu A decrease in tonnes combined with a decrease in grade over the remainder of the life-of-mine of the operation lead to a decrease in gold production. The reduction is due to an updated plan to mitigate safety risks that exist at the operation. 806 — 806 Bambanani The life-of-mine plan of the operation was revised in the period ended 31 December 2021, bringing the closure of the operation forward from June 2024 to June 2022. This was as a result of the increased seismicity and related risk increasing as pillars were mined out. At 31 December 2021, the post-tax recoverable amount was derived from expected cash flows as per the life-of-mine plans and amounted to R36 million. The recoverable amount is now Rnil, as the operation was closed down during June 2022. The assumptions used in the December impairment assessment included a gold price of US$1 782/oz, an exchange rate of R15.36/US$1, a final gold price of R880 000/kg and a post-tax real discount rate of 12.59%. This resulted in a post-tax recoverable amount of R36 million at 31 December 2021. — — — 6 Cost of sales continued (g) Impairment of assets continued The recoverable amounts of the CGUs where impairments were recognised as at 30 June 2021 are as follows: SA Rand Recoverable amount Figures in million Life-of-mine plan Resource Total Tshepong Operations The updated life-of-mine plan included a reduction in planned gold resulting from lower grade. There was also a change in the mining profile in the revised life-of-mine plan, which impacted on the timing of cash flows, which were then later than in comparison to the prior-year plan. These changes affected the discounted cash flows used to determine the recoverable amount of the operation. 4 847 936 5 783 Bambanani The impairment of goodwill on Bambanani was mainly as a result of a reduction in grade over the remainder of the operation's life. The reduction in grade is due to unexpected changes in the orebody and a lower mine call factor. 341 — 341 Target 3 Previous plans to explore the sale of the operation have been abandoned and further development is not a viable option at this stage. Therefore management has determined a recoverable amount of Rnil. — — —

Foreign Exchange Translation _2

Foreign Exchange Translation Gain/(Loss) (Tables)	12 Months Ended
	Jun. 30, 2022
Foreign Exchange Translation Gain/(Loss) [Abstract]
Foreign Exchange Translation Gain/Loss	SA Rand Figures in million 2022 2021 2020 Borrowings (a) (411) 894 (970) Other items (b) 84 (224) 78 Total foreign exchange translation gain/(loss) (327) 670 (892) (a) The loss in 2022 is predominantly caused by unfavourable translations on US dollar loan balances. The unfavourable translations on US dollar loans are attributable to the Rand weakening against the US dollar, evidenced by a closing exchange rate of R16.27/US$1 (2021: R14.27/US$1) (2020: R17.32/US$1). However, the average exchange rate improved marginally from the prior financial year to R15.21/US$1 (2021: R15.40/US$1) (2020: R15.66/US$1). (b) This relates mainly to the translation of metal trade receivables and cash from a foreign currency to the functional currencies of the operating entities.

Other Operating Expenses (Table

Other Operating Expenses (Tables)	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Schedule of Other Operating Expenses	SA Rand Figures in million 2022 2021 2020 Social investment expenditure 145 126 143 Loss on scrapping of property, plant and equipment (a) 7 161 62 Silicosis settlement provision (b) 23 80 36 Loss allowance 22 47 63 Remeasurement of contingent consideration (c) (61) (127) — Income from third-party toll treatment fee (d) (25) — — Other (income)/expense – net (e) (110) (46) 5 Total other operating expenses 1 241 309 (a) These losses arise from the derecognition of property, plant and equipment that is no longer in use. No future economic benefits are expected from the use or disposal of these assets. Refer to note 15 for further detail on the accounting policy as well as the amounts per asset category. (b) Refer to note 27 for details on the movement in the silicosis settlement provision. (c) Refer to note 29 for details on the remeasurement of the contingent consideration (d) The amount relates to fees received from a third party for the treatment of ore at the Doornkop plant. (e) The increase for the 2022 year is mainly attributable to insurance claim proceeds of R83 million and profit on the sale of property, plant and equipment of R24 million.

Investment Income (Tables)

Investment Income (Tables)	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Disclosure of Investment income	SA Rand Figures in million 2022 2021 2020 Interest income from financial assets at amortised cost 276 265 257 Dividend income 1 24 23 — Net gain on financial instruments 2 52 43 118 Total investment income 352 331 375 1 Comprises R10 million (2021: R18 million) received from Rand Mutual Assurance and R14 million (2021: R5 million) received from equity investments held by environmental trusts (refer to note 17). 2 Primarily relates to the environmental trust funds (refer to note 17) and the ARM BBEE Trust loan (refer to note 18). In 2021 the gains were offset by a day one expense of R87 million on the refinancing of the ARM BBEE Trust loan.

Finance Costs (Tables)

Finance Costs (Tables)	12 Months Ended
	Jun. 30, 2022
Analysis of income and expense [abstract]
Disclosure of Finance Costs	SA Rand Figures in million 2022 2021 2020 Financial liabilities Borrowings 238 228 424 Other creditors and liabilities 22 14 9 Total finance costs from financial liabilities 260 242 433 Non-financial liabilities Time value of money for other provisions 79 74 88 Streaming arrangements 67 71 — Time value of money and inflation component of rehabilitation costs 377 296 194 Total finance costs from non-financial liabilities 523 441 282 Total finance costs before interest capitalised 783 683 715 Interest capitalised (a) (65) (22) (54) Total finance costs 718 661 661 (a) The capitalisation rate used to determine capitalised borrowing costs is: Percent (%) 2022 2021 2020 Capitalisation rate 6.8 3.8 9.4 The capitalisation rate for 2022 and 2020 includes the impact of the foreign exchange loss for the year where the Rand equivalent rate is used. The decrease in the capitalisation rate for 2021 is due to the exclusion of the foreign exchange gain for the year.

Taxation (Tables)

Taxation (Tables)	12 Months Ended
	Jun. 30, 2022
Income Taxes [Abstract]
Disclosure of Taxation (Expense)/Credit	The taxation (expense)/credit for the year is as follows: SA Rand Figures in million 2022 2021 2020 SA taxation Mining tax (a) (182) (464) (56) – current year (194) (467) (61) – prior year 12 3 5 Non-mining tax (b) (125) (80) (2) – current year (121) (81) (2) – prior year (4) 1 — Deferred tax (c) 353 (714) (197) – current year 353 (714) (197) Total taxation (expense)/credit 46 (1 258) (255) (a) Mining tax on gold mining taxable income in South Africa is determined according to a formula, based on the taxable income from mining operations. 5% of total revenue is exempt from taxation, while the remainder is taxable at a higher rate (up to a maximum of 34%) than non-mining income (28%) as a result of applying the gold mining formula. Mining and non-mining income of Australian and PNG entities are taxed at a standard rate of 30%. All qualifying mining capital expenditure is deducted from taxable mining income to the extent that it does not result in an assessed loss. Accounting depreciation is eliminated when calculating the South African mining taxable income. Excess capital expenditure is carried forward as unredeemed capital to be claimed from future mining taxable income. The group has several tax paying entities in South Africa. In terms of the mining ring-fencing application, each ring-fenced mine is treated separately and deductions can normally only be utilised against mining income generated from the relevant ring-fenced mine. The movement in foreign exchange translation from gains in the 2021 year to losses in 2022 and a decline in mining taxable income resulted in the decrease in the current tax expense during the 2022 year. The movement in foreign exchange translation from losses in the 2020 year to gains in 2021, as well as higher mining taxable income due to the increase of revenue, resulted in the increase in the current tax expense during the 2021 year. This was also impacted by certain companies within the group using their unredeemed capital allowances as well as assessed losses during 2021. (b) Non-mining taxable income of mining companies and the taxable income for non-mining companies are taxed at the statutory corporate rate of 28%.The expense for the 2022 and 2021 financial years relates to non-mining tax arising from derivative gains (realised and unrealised) recognised on the foreign currency derivatives as well as the realised gains on the commodity forward sale contracts. During 2020, the losses on the derivative contracts resulted in non-mining tax losses. Refer to note 19 for details on the group's derivative gains and losses recorded. (c) The deferred tax rate used to calculate deferred tax is based on the current estimate of future profitability when temporary differences will reverse based on tax rates and tax laws that have been enacted at the balance sheet date. Depending on the profitability of the operations, the deferred tax rate can consequently be significantly different from year to year. Following the completion of the annual life-of-mine plans, management revised the weighted average deferred tax rates for all the South African operations. As part of the determination of the deferred tax rates, consideration was given to the amended corporate income tax rate of 27% from 28% as well as the change in the mining tax rate from 34% to 33% for the 2023 financial year. The annual limitation of assessed loss utilisation to 80% of taxable income was incorporated in the calculation. The changes were considered to be substantively enacted at 30 June 2022 and would affect forecast tax estimations or cash flows. They were also taken into account in the determination of recoverable amounts for impairment purposes. Refer to note 15. Changes to the deferred income tax rates were significant for the following entities: Percent (%) 2022 2021 2020 Harmony 25.1 27.4 29.8 Freegold (Harmony) (Proprietary) Limited 7.0 12.1 11.4 Randfontein Estates Limited (Randfontein) 8.7 5.1 10.1 Harmony Moab Khotsong Operations (Proprietary) Limited (Moab) 14.7 17.6 17.3 Golden Core Trade and Invest (Proprietary) Limited (Mponeng) 12.8 11.3 n/a 12 Taxation continued (c) Deferred tax continued These changes, together with changes in the temporary differences, had the following impacts: • The change in rates, with majority decreasing year on year at the individual company level (other than hedge accounted derivatives), resulted in a decrease in the deferred tax expense and liability to the amount of R386 million (2021: R55 million increase) • The impact of impairments at the individual CGU level resulted in a decrease in the deferred tax expense and liability of R312 million • Unwinding of temporary differences related to unredeemed capital expenditure balances resulted in an increase of R86 million in the deferred tax expense (2021: R301 million) • The Rand weakened during the 2022 year and the number of outstanding Rand gold contracts at 30 June 2022 decreased, resulting in a negative impact on the valuation of the Rand gold derivatives at year end. Refer to notes 19 and 39 for detail. The temporary differences related to the Rand gold derivatives therefore also decreased, resulting in a R170 million decrease in the deferred tax liability and deferred tax expense (2021: R782 million increase). Management assessed the rates at which the temporary differences are expected to reverse and revised the rate for the vast majority of the companies from the previous non-mining tax rate of 28% rate to the non-mining tax rate of 27% which will be applicable from 2023 onwards.
Disclosure of deferred tax rates	Changes to the deferred income tax rates were significant for the following entities: Percent (%) 2022 2021 2020 Harmony 25.1 27.4 29.8 Freegold (Harmony) (Proprietary) Limited 7.0 12.1 11.4 Randfontein Estates Limited (Randfontein) 8.7 5.1 10.1 Harmony Moab Khotsong Operations (Proprietary) Limited (Moab) 14.7 17.6 17.3 Golden Core Trade and Invest (Proprietary) Limited (Mponeng) 12.8 11.3 n/a
Disclosure of Major Items Causing the Income Tax Provision to Differ from the South African Mining Statutory Tax Rate	Major items causing the group's income tax provision to differ from the South African mining statutory tax rate of 34% were: SA Rand Figures in million 2022 2021 2020 Tax (expense)/credit on net profit/loss at the mining statutory tax rate 360 (2 170) 202 Non-allowable deductions and non-taxable items (328) (153) (221) Equity-settled share-based payments (49) (49) (62) Gain on bargain purchase — 102 — Acquisition- and integration-related costs — (75) — Impairment of goodwill (114) (64) — Exploration expenditure (79) (15) (55) Finance costs (52) (50) (76) Other (34) (2) (28) Movement in temporary differences related to property, plant and equipment 1 (1 447) 378 (355) Movements in temporary differences related to other assets and liabilities (174) (465) (452) Difference between effective mining tax rate and statutory mining rate on mining income 125 145 10 Difference between non-mining tax rate and statutory mining rate on non-mining income 26 17 — Effect on temporary differences due to changes in effective tax rates 2 386 (55) (469) Prior-year adjustment 10 (4) 5 Capital allowances 3 973 860 766 Deferred tax asset not recognised 4 115 189 34 Deferred tax asset previously not recognised now recorded 5 — — 225 Income and mining taxation (expense)/credit 46 (1 258) (255) Effective income and mining tax rate (%) 4 20 (43) 1 The change in 2022 is mainly as a result of the decrease in the net carrying value of Freegold and Moab’s assets due to the impairment recognised (refer to note 6) as well as an increase in the unredeemed capital expenditure balance of Avgold. 2 Refer to (c) above for detail of the deferred tax rate changes. 3 This relates to the additional capital allowance that may be deducted from taxable income from mining operations in South Africa. A significant portion relates to Avgold Limited (Avgold) which has a 0% effective tax rate. 4 This relates to tax losses and deductible temporary differences for which future taxable profits are uncertain and are not considered probable. 5 In 2020, the assessment on whether there would be future profits for Harmony Company as well as taxable temporary differences, which the deductible temporary differences can be reversed against, was performed. Management concluded that there would be and therefore the deferred tax asset not recognised in the 2019 year was recognised at 30 June 2020.
Analysis of Deferred Tax Assets and Liabilities and Potential Future Tax Deductions	The analysis of deferred tax assets and liabilities is as follows: SA Rand Figures in million 2022 2021 Deferred tax assets (1 183) (1 202) Deferred tax asset to be recovered after more than 12 months (1 091) (522) Deferred tax asset to be recovered within 12 months (92) (680) Deferred tax liabilities 2 566 3 108 Deferred tax liability to be recovered after more than 12 months 2 192 2 713 Deferred tax liability to be recovered within 12 months 374 395 Net deferred tax liability 1 383 1 906 Deferred tax liabilities and assets on the balance sheet as of 30 June 2022 and 30 June 2021 relate to the following: SA Rand Figures in million 2022 2021 Gross deferred tax liabilities 2 566 3 108 Amortisation and depreciation 1 2 375 2 807 Derivative financial instruments 143 276 Other 48 25 Gross deferred tax assets (1 183) (1 202) Unredeemed capital expenditure 2 (3 863) (3 540) Provisions, including non-current provisions (1 133) (1 157) Contingent consideration liability (39) (47) Streaming contract liability (86) (140) Other (3) — Tax losses 3 (1 524) (1 151) Deferred tax asset not recognised 4 5 465 4 833 Net deferred tax liability 1 383 1 906 1 The decrease in amortisation and depreciation year on year is mainly as a result of the impairments recognised during 2022. 2 Unredeemed capital expenditure mainly consists of Hidden Valley R3 521 million (2021: R3 157 million) and Mponeng R125 million (2021: R146 million). 3 The majority of the amount relates to Hidden Valley's tax losses of R1 417 million (2021: R1 089 million). 4 The deferred tax asset not recognised relates to Harmony's PNG operations. Movement in the net deferred tax liability recognised in the balance sheet is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 906 465 Expense/(credit) per income statement (353) 714 Acquisition of Mponeng operations and related assets — (55) Tax directly charged to other comprehensive income (170) 782 Balance at end of year 1 383 1 906 Deferred tax assets per balance sheet (203) (272) Deferred tax liabilities per balance sheet 1 586 2 178 A deferred tax asset continues to be recognised for both Harmony Gold Mining Company Limited (Harmony Company) and Chemwes (Proprietary) Limited (Chemwes Company) at 30 June 2022. The net deferred tax asset balance of Harmony company has increased to R179 million (2021: R175 million), while Chemwes Company’s net deferred tax asset has decreased to R24 million (2021: R97 million). At 30 June 2022, it is considered probable that sufficient future taxable profits will be available against which the remaining deductible temporary differences existing at the reporting date can be utilised. 12 Taxation continued Deferred tax continued SA Rand Figures in million 2022 2021 As at 30 June, the group had the following potential future tax deductions: Unredeemed capital expenditure available for utilisation against future mining taxable income 1 45 408 41 184 Tax losses carried forward utilisable against mining taxable income 2 7 445 5 746 Capital gains tax (CGT) losses available to be utilised against future CGT gains 4 583 570 As at 30 June, the group has not recognised the following deferred tax asset amounts relating to the above: 15 978 13 820 The unrecognised temporary differences are: Unredeemed capital expenditure 3 42 859 37 667 Tax losses 2 6 471 4 832 CGT losses 4 583 570 1 Includes Avgold R27 133 million (2021: R24 161 million), Randfontein R502 million (2021: R1 268 million), Freegold R557 million (2021: R42 million), Mponeng R978 million (2021: R1 296 million), Chemwes R260 million (2021: R419 million) and Hidden Valley R15 725 million (2021: R13 506 million). These have an unlimited carry-forward period. 2 Relates mainly to Hidden Valley R4 718 million (2021: R3 629 million), Randfontein R708 million (2021: R796 million), and Avgold R1 761 million (2021: R1 184 million). These have an unlimited carry-forward period. 3 Relates to Avgold and Hidden Valley. 4 The CGT losses relate to the gross CGT losses available to be utilised against future CGT gains.

Earnings_(Loss) Per Share (Tabl

Earnings/(Loss) Per Share (Tables)	12 Months Ended
	Jun. 30, 2022
Earnings per share [abstract]
Basic earnings/(loss) per share	2022 2021 2020 Ordinary shares in issue (000) 616 526 616 052 603 143 Adjustment for weighted number of ordinary shares in issue (000) (121) (5 582) (61 306) Weighted number of ordinary shares in issue (000) 616 405 610 470 541 837 Adjustment for weighted number of treasury shares (000) 1 (3 950) (6 184) (6 501) Basic weighted average number of ordinary shares in issue (000) 612 455 604 286 535 336 SA Rand 2022 2021 2020 Total net profit/(loss) attributable to shareholders (million) (1 052) 5 087 (878) Total basic earnings/(loss) per share (cents) (172) 842 (164) 1 These are the weighted number of treasury shares for the years presented. Refer to note 24 for the actual number of treasury shares that are in issue.
Diluted earnings/(loss) per share	2022 2021 2020 Weighted average number of ordinary shares in issue (000) 612 455 604 286 535 336 Potential ordinary shares (000) 1 2 159 12 099 11 858 Weighted average number of ordinary shares for diluted earnings per share (000) 1 614 614 616 385 547 194 SA Rand 2022 2021 2020 Total diluted earnings/(loss) per share (cents) 2 (172) 825 (166) 1 Due to net loss attributable to the shareholders in 2022 and 2020, the inclusion of the share options as potential ordinary shares had an anti-dilutive effect on the loss, therefore the diluted loss per share was set at the basic loss per share for these years. The issue price and the exercise of share options issued to the employees include the fair value of any services to be supplied to the entity in the future under the share option or other share-based payment arrangements.
Disclosure of Dividends Declared	SA Rand 2022 2021 2020 Dividends declared (millions) 414 677 — Dividend per share (cents) 67 110 —

Acquisitions and Business Com_2

Acquisitions and Business Combinations (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of detailed information about business combination [abstract]
Disclosure of Fair Value of Assets Acquired and Liabilities Assumed	The fair values as at the acquisition date are as follows: SA Rand Figures in million 2021 Non-current assets Property, plant and equipment 6 024 Restricted cash and investments 1 268 Deferred tax assets 222 Current assets Inventories 454 Trade and other receivables 1 47 Cash and cash equivalents 3 Non-current liabilities Deferred tax liabilities (167) Provision for environmental rehabilitation (1 856) Other non-current liabilities (41) Streaming contract liability (938) Current liabilities Trade and other payables (324) Streaming contract liability (479) Fair value of net identifiable assets acquired at 1 October 2020 4 213 1 The gross contractual amounts receivable is equal to the fair value of the receivables at acquisition date
Disclosure Of Gain On Business Combination	ain on bargain purchase was calculated as follows: SA Rand Figures in million 2021 Consideration paid – Cash consideration 3 366 – Contingent consideration 544 Fair value of net identifiable assets acquired (4 213) Gain on bargain purchase (303)

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Jun. 30, 2022
Property, plant and equipment [abstract]
Disclosure of Property, Plant and Equipment	SA Rand Figures in million 2022 2021 Mining assets 25 320 26 487 Mining assets under construction 3 132 2 732 Undeveloped properties 4 004 3 988 Other non-mining assets 416 390 Total property, plant and equipment 32 872 33 597 15 Property, plant and equipment continued Mining assets continued The movement in the mining assets is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 64 980 59 736 Fully depreciated assets no longer in use derecognised (110) (989) Additions (a) 5 307 4 518 Acquisitions (b) — 5 887 Scrapping of assets (c) (1 752) (1 221) Adjustment to rehabilitation asset (d) (248) (774) Transfers and other movements (e) 511 545 Translation 1 900 (2 722) Balance at end of year 70 588 64 980 Accumulated depreciation and impairments Balance at beginning of year 38 493 37 562 Fully depreciated assets no longer in use derecognised (110) (989) Impairment of assets (f) 3 429 937 Scrapping of assets (c) (1 745) (1 060) Depreciation 3 627 3 936 Translation 1 574 (1 893) Balance at end of year 45 268 38 493 Net carrying value 25 320 26 487 (a) Included in additions for 2022 is an amount of R137 million (2021: R159 million) for capitalised depreciation associated with stripping activities at the Hidden Valley operations. (b) Refer to note 14 for details on the fair value of assets acquired. (c) Refer to note 9 for the total loss on scrapping recognised. (d) Refer to note 26 for details on the adjustment to the rehabilitation asset. (e) Transfer of assets mainly relates to assets under construction transferred to mining assets. During the 2022 year an amount of R513 million (2021: R541 million) was transferred to mining assets at Hidden Valley. This related to ongoing mining development costs. (f) Refer to note 6 for details on the impairments recognised. The movement in the mining assets under construction is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 2 732 2 714 Additions 1 1 278 924 Depreciation capitalised 2 4 4 Finance costs capitalised 3 65 22 Transfers and other movements (513) (541) Translation 236 (391) Balance at end of year 3 802 2 732 Accumulated impairments Balance at beginning of year — — Impairment 2 670 — Balance at end of year 670 — Net carrying value 3 132 2 732 1 Mainly relates to Great Noligwa Shaft Pillar project of R192 million (2021: R159 million), Zaaiplaats project of R184 million (2021: R27 million) and Tshepong Operations’ Sub 75 Decline project of R170 million (2021: R91 million). 2 Relates to Tshepong Operations. The movement in the undeveloped properties is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 5 461 5 499 Translation 17 (38) Balance at end of year 5 478 5 461 Accumulated depreciation and impairments Balance at beginning of year 1 473 1 475 Translation 1 (2) Balance at end of year 1 474 1 473 Net carrying value 4 004 3 988 The movement in the non-mining assets is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning of year 821 703 Fully depreciated assets no longer in use derecognised — (49) Acquisitions — 135 Additions 74 34 Translation — (2) Balance at end of year 895 821 SA Rand Figures in million 2022 2021 Accumulated depreciation and impairments Balance at beginning of year 431 429 Fully depreciated assets no longer in use derecognised — (49) Depreciation 47 52 Impairment 1 — Translation — (1) Balance at end of year 479 431 Net carrying value 416 390
Disclosure of Gold Price, Silver Price, Exchange Rates and Gold Resource Value Assumptions	During the year under review, the group calculated the recoverable amounts (generally fair value less costs to sell) based on updated life-of-mine plans and the following gold price, silver price, copper price and exchange rates assumptions: 2022 2021 2020 US$ gold price per ounce – Year 1 1 861 1 805 1 610 – Year 2 1 744 1 673 1 558 – Year 3 1 664 1 582 1 469 – Long term (Year 4 onwards) 1 546 1 500 1 350 US$ silver price per ounce – Year 1 23.85 25.72 17.00 – Year 2 22.42 23.22 17.00 – Year 3 21.46 21.70 17.00 – Long term (Year 4 onwards) 19.38 20.70 17.00 US$ copper price per pound 3.30 3.00 3.00 Exchange rate (R/US$) – Year 1 15.55 14.54 16.72 – Year 2 15.34 14.36 15.47 – Year 3 15.26 14.44 15.29 – Long term (Year 4 onwards) 15.35 14.51 14.51 Exchange rate (PGK/US$) 3.50 3.50 3.45 Rand gold price (R/kg) – Year 1 931 000 843 000 865 000 – Year 2 860 000 772 000 775 000 – Year 3 816 000 735 000 722 000 – Long term (Year 4 onwards) 763 000 700 000 630 000 The following are the attributable gold resource value assumptions: South Africa Hidden Valley US dollar per ounce 2022 2021 2020 2022 2021 2020 Underground resources Measured 16.50 16.50 25.00 n/a n/a n/a Indicated 9.00 9.00 8.00 n/a n/a n/a Inferred 3.60 3.60 2.80 n/a n/a n/a Surface resources Measured 30.00 30.00 n/a n/a n/a n/a Indicated 17.50 17.50 n/a 9.00 9.00 8.00 Inferred 8.00 8.00 n/a n/a n/a n/a
Disclosure of Sensitivity Analysis - Impairment of Assets	SA Rand Figures in million 2022 2021 -10% decrease Tshepong North 1 4 074 n/a Moab Khotsong 2 3 869 1 916 Tshepong South 1 2 339 n/a Doornkop 1 690 1 914 Mponeng 1 443 2 249 Target 1 1 121 1 267 Joel 762 359 Kusasalethu 689 821 Mine Waste Solutions 493 96 Kalgold 304 390 Other assets 208 101 Hidden Valley 96 — Central Plant Reclamation 32 — West Wits — 35 Tshepong Operations 1 n/a 5 325 Bambanani 2 n/a 413 Target 3 n/a 178 +10% increase Tshepong South 1 224 n/a Target 3 n/a 178 1 The Tshepong Operations have been tested separately for impairment at 30 June 2022. Refer to note 6 for details. 2 The carrying amounts of these CGUs include goodwill and any impairment losses are allocated first to goodwill and then to the identifiable assets.

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of detailed information about intangible assets [abstract]
Schedule of Intangible Assets	SA Rand Figures in million 2022 2021 Goodwill — 333 Technology-based assets 48 32 Total intangible assets 48 365
Schedule of Reconciliation of Intangible Assets	The movement in goodwill is as follows: SA Rand Figures in million 2022 2021 Cost Balance at beginning and end of year 2 675 2 675 Accumulated amortisation and impairments Balance at beginning of year 2 342 2 155 Impairment 1 333 187 Balance at end of year 2 675 2 342 Net carrying value — 333 The net carrying value of goodwill has been allocated to the following cash generating units: Bambanani — 31 Moab Khotsong — 302 Net carrying value — 333 1 In 2022 the goodwill for the Bambanani and Moab Khotsong operations was impaired in full as the carrying value exceeded the recoverable amount of the related cash generating units. In 2021 the impairment related to Bambanani. Refer to note 6 for further details on the impairment assessment.

Restricted Cash and Investmen_2

Restricted Cash and Investments (Tables)	12 Months Ended
	Jun. 30, 2022
Restricted Cash and Investments [Abstract]
Restricted Cash and Investment	SA Rand Figures in million 2022 2021 Restricted cash 319 216 Restricted investments 5 263 5 083 Total restricted cash and investments 5 582 5 299 Current portion of restricted cash and investments 27 67 Non-current portion of restricted cash and investments 5 555 5 232
Schedule of Restricted Cash	SA Rand Figures in million 2022 2021 Non-current 292 149 Current 27 67 Total restricted cash 319 216 The restricted cash consist of funds set aside for: SA Rand Figures in million 2022 2021 Environmental guarantees and rehabilitation (a) 152 161 Guarantee - Tshiamiso Trust (b) 116 — PNG operations (c) 29 33 Other 22 22 Total restricted cash 319 216 (a) The amount primarily relates to funds set aside to serve as collateral against guarantees made to the Department of Mineral Resources and Energy (DMRE) in South Africa for environmental and rehabilitation obligations. Refer to note 26. The funds are invested in short-term money market funds and call accounts, which require third-party approval for release. (b) Refer to note 27 for details on the silicosis settlement and the arrangement with the trust. (c) Relates to monies set aside for affected communities in the group’s PNG operations.
Schedule of Restricted Investments	SA Rand Figures in million 2022 2021 Investments held by environmental trust funds 5 244 5 064 Investments held by the Social Trust Fund 19 19 Total restricted investments (non-current) 5 263 5 083
Restricted Investments, Environmental Trust Fund	The environmental trust funds consist of: SA Rand Figures in million 2022 2021 Fixed deposits 3 056 3 091 Cash and cash equivalents 528 124 Equity-linked deposits 1 094 1 325 Government bonds 225 225 Equity investments 292 252 Collective investment scheme (unit trusts) 49 47 Total environmental trust funds 5 244 5 064
Reconciliation of Movement in Investments Held by Environmental Trust Funds	Reconciliation of the movement in the investments held by environmental trust funds: SA Rand Figures in million 2022 2021 Balance at beginning of year 5 064 3 513 Acquisition — 1 268 Interest income 185 174 Fair value gain through profit and loss 18 116 Fair value gain through other comprehensive income 15 22 Dividend received 14 5 Equity-linked deposits acquired/(matured) (260) 400 (Maturity)/acquisition of fixed deposits (21) (428) Net transfer of cash and cash equivalents 281 28 Withdrawal of funds for rehabilitation work performed (52) (34) Balance at end of year 5 244 5 064

Other Non-Current Assets (Table

Other Non-Current Assets (Tables)	12 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Schedule of Other Non-Current Assets	SA Rand Figures in million 2022 2021 Debt instruments 163 193 Loans to associates (a) 116 116 Loan to ARM BBEE Trust (b) 148 177 Other loans 15 16 Loss allowance (a) (116) (116) Equity instruments 75 74 Rand Mutual Assurance (c) 67 65 Other investments 8 9 Inventories 136 65 Non-current portion of gold in lock-up (d) 136 65 Total other non-current assets 374 332 (a) A loan of R116 million (2021: R116 million) owed by Pamodzi Gold Limited (Pamodzi) which was placed into liquidation during 2009, was provided for in full. Harmony is a concurrent creditor in the Pamodzi Orkney liquidation. (b) During 2016, Harmony advanced R200 million to the ARM Broad-Based Economic Empowerment Trust (the ARM BBEE Trust), a shareholder of African Rainbow Minerals Limited (ARM). The trust is controlled and consolidated by ARM, who holds 12.12% of Harmony's shares at 30 June 2022. Harmony is a trustee of the ARM BBEE Trust. The loan was subordinated and unsecured. The interest on the loan was market-related (3 months JIBAR + 4.25%) and was receivable on the maturity of the loan on 31 December 2022. In the 2021 financial year, the loan to the ARM BBEE Trust was refinanced to allow a sufficient and sustainable repayment structure. Following the restructuring, Harmony advanced R264 million to the ARM BBEE Trust, which the Trust used for the repayment of the outstanding balance under the previous loan agreement. The loan under the revised loan agreement is interest-free and is receivable on the maturity of the loan on 30 June 2035. The loan is unsubordinated and unsecured. Neither of the loans meet the requirements for amortised cost measurement as it fails the solely payments of principal and interest test and were therefore classified as fair value through profit and loss (refer to the fair value determination section in note 39 for detail). The group determined that the contractual terms include exposure to risk and volatility that is inconsistent with a basic lending arrangement. In making this assessment the group considered contingent events that would change the amount and timing of cash flows and potential limits on the group's claim to cash flows from specified assets (eg non-recourse asset arrangements). The movement in the ARM BBEE Trust loan is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 177 306 Fair value gain 1 36 10 Repayment of interest — (52) Repayment of loan (65) — Settlement of original loan — (264) Refinanced loan advanced — 264 Day one expense 1, 2 — (87) Balance at end of year 148 177 1 Included in net gain on financial instruments (refer to note 10). 2 Relates to the refinancing of the loan. (c) On 5 August 2020, the group received a dividend of R8 million relating to the second and final tranche of the contingent consideration for the sale of shares in one of Rand Mutual Assurance’s subsidiaries. The dividend was seen as a recovery of capital as it reduced Harmony's effective share in the investment. Refer to note 39 for the fair value valuation technique used to measure the investment. Refer to note 10 for details of additional dividends received. (d) Refer to note 23 for further details on inventories.

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Jun. 30, 2022
Financial Instruments [Abstract]
Disclosure of Derivative Financial Assets and Open Position at the Reporting Date	The group has the following derivative financial instruments: Figures in million (SA Rand) Rand gold hedging contracts US$ gold hedging contracts US$ silver contracts Foreign exchange contracts At 30 June 2022 Derivative financial assets 523 44 77 12 656 Non-current 113 18 6 — 137 Current 410 26 71 12 519 Derivative financial liabilities — (11) — — (11) Non-current — (3) — — (3) Current — (8) — — (8) Net derivative financial instruments 523 33 77 12 645 Unrealised gains included in other reserves, net of tax 441 39 — — 480 Movements for the year ended Realised gains/(losses) included in revenue 602 (105) — — 497 Unrealised gains/(losses) on gold contracts recognised in other comprehensive income (292) 50 — — (242) Gains/(losses) on derivatives — — 114 (16) 98 Day one loss amortisation (39) (6) — — (45) Total gains/(losses) on derivatives (39) (6) 114 (16) 53 Hedge effectiveness Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness (292) 50 — — (242) Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness 292 (50) — — 242 19 Derivative financial instruments continued Figures in million (SA Rand) Rand gold hedging contracts US$ gold hedging contracts US$ silver Foreign exchange contracts Rand gold derivative contracts Total At 30 June 2021 Derivative financial assets 1 358 48 10 383 — 1 799 Non-current 279 40 9 — — 328 Current 1 079 8 1 383 — 1 471 Derivative financial liabilities (41) (73) (98) — — (212) Non-current — — (6) — — (6) Current (41) (73) (92) — — (206) Net derivative financial instruments 1 317 (25) (88) 383 — 1 587 Unrealised gains/(losses) included in other reserves, net of tax 1 069 (18) — — — 1 051 Movements for the year ended Realised losses included in revenue (2 023) (273) — — — (2 296) Unrealised gains/(losses) on gold contracts 2 999 (7) — — — 2 992 Gains/(losses) on derivatives — — (256) 1 217 111 1 072 Day one loss amortisation (42) (8) — — — (50) Total gains/(losses) on derivatives (42) (8) (256) 1 217 111 1 022 Hedge effectiveness Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness 2 999 (7) — — — 2 992 Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness (2 999) 7 — — — (2 992) Figures in million (SA Rand) Rand gold hedging contracts US$ gold hedging contracts US$ silver Foreign exchange contracts Rand gold derivative contracts Total Movements for the year ended Realised losses included in revenue (1 263) (134) — — — (1 397) Unrealised losses on gold contracts recognised in other comprehensive income (4 820) (391) — — — (5 211) Gains/(losses) on derivatives — — 6 (1 235) (174) (1 403) Unrealised losses reclassified to profit or loss as a result of discontinuance of hedge accounting (235) — — — — (235) Day one loss amortisation (34) (6) — — — (40) Total gains/(losses) on derivatives (269) (6) 6 (1 235) (174) (1 678) 19 Derivative financial instruments continued Hedge accounting Harmony has entered into gold forward sale derivative contracts to hedge the risk of lower gold prices. Cash flow hedge accounting is applied to the majority of these contracts, resulting in the effective portion of the unrealised gains and losses being recorded in other comprehensive income (other reserves – refer to note 25). Refer to note 39 for a summary of the risk management strategy applied and the balances relating to designated hedging instruments as at reporting date. Hedge effectiveness is determined at the inception of the hedge relationship and through periodic prospective effectiveness assessments. The group enters into gold forward contracts that have similar terms as the hedged item, such as notional amount, maturity date and reference gold spot price thereby ensuring that an economic relationship exists between the hedging instrument and the hedged item and resulting in a hedge ratio of 1:1. Potential sources of hedge ineffectiveness include counterparty and own credit risk, day one gains and losses, a mismatch in the timing of the derivative and underlying gold sale maturities, location differential and the refining margin. Hedge ineffectiveness is measured by comparing the change in the expected cash flows from a forward sale contract versus the sale of an equivalent quantity of gold in the open market. Ineffectiveness results when the changes in the fair values in the hedging instruments exceed the fair value changes in the hedged item. A negligible amount of hedge ineffectiveness was experienced in the years presented. The gains and losses from derivative contracts to which hedge accounting is not applied is included in gains/(losses) on derivatives in profit or loss. (a) Rand gold contracts All Rand gold forward contracts entered into after 1 October 2020 were apportioned to the South African operations which included Mponeng and Mine Waste Solutions operation. Discontinuance of hedge accounting As a result of the original 21-day lockdown announced in South Africa, effective 27 March 2020, aimed to slow the spread of Covid-19, Harmony placed all deep-level underground mines in South Africa on care and maintenance. As a result, a significant volume of the underlying exposure that was originally intended to be hedged was delayed. A total of 63 400 ounces of gold forwards were originally set to mature in the months of April and May 2020. After assessing forecasts of gold production at 1 April 2020, the hedged items, being the sales of gold, relating to 30 500 ounces of gold forwards were assessed to no longer be probable. The hedged items relating to the remaining balance of gold forwards were still considered to be highly probable. Due to the fact that the occurrence of the forecast transactions/hedged items were no longer considered probable, there was no longer an effective hedging relationship and therefore hedge accounting for these hedges was discontinued. Unrealised losses relating to the hedges amounting to R48 million and R187 million of restructured contracts discussed below, previously recognised in other comprehensive income, were immediately reclassified to profit or loss as gains/losses on derivatives. Restructuring of contracts In response to the gold forwards’ hedged items no longer being probable and in order to better match the cash flows relating to the underlying exposure, certain of the Rand gold forwards with maturities between 15 April 2020 and 31 May 2020 were effectively extended to mature between the periods July 2020 and March 2021. The restructured gold forwards retained the pricing of the original forwards. They were not designated as hedging instruments as the difference in the costing structure would have required a different effectiveness assessment than currently used by management. Unrealised losses relating to the hedges amounting to R187 million , previously recognised in other comprehensive income, were immediately reclassified to profit or loss as gains/losses on derivatives. All subsequent gains and losses on the restructured hedges were recognised in profit or loss. As at 30 June 2021, all the restructured gold forwards had matured. (b) US$ commodity contracts Harmony maintains a derivative programme for Hidden Valley by entering into commodity derivative contracts. The contracts comprise US$ gold forward sale contracts as well as silver zero cost collars which establish a minimum (floor) and maximum (cap) silver sales price. Hedge accounting is applied to all US$ gold forward sale contracts and these are shown separately from the silver zero cost collars that are not hedge accounted. (c) Foreign exchange contracts Harmony maintains a foreign exchange derivative programme in the form of zero cost collars, which sets a floor and cap Rand/US$ exchange rate at which to convert US dollars to Rands, and foreign exchange forward contracts. Hedge accounting is not applied to these contracts. 19 Derivative financial instruments continued The following table shows the open position at the reporting date: 2023 2024 TOTAL Q1 Q2 Q3 Q4 Q1 Q2 Q3 Foreign exchange contracts Zero cost collars US$m 42 18 — — — — — 60 Average floor – R/US$ 15.90 16.18 — — — — — 15.98 Average cap – R/US$ 17.90 18.18 — — — — — 17.98 Forward contracts US$m 6 — — — — — — 6 Average forward rate – R/US$ 16.84 — — — — — — 16.84 R/gold '000 oz – cash flow hedge 72 72 72 70 44 32 16 378 Average R000/kg 1033 999 1 019 1 039 1 061 1 082 1107 1035 US$/gold '000 oz – cash flow hedge 9 9 9 9 9 8 4 57 Average US$/oz 1 911 1 867 1 826 1 836 1 860 1 926 2 009 1 880 Total gold '000 oz 81 81 81 79 53 40 20 435 US$/silver '000 oz 285 270 210 105 30 30 20 950 Average floor - US$/oz 24.39 25.97 25.62 25.49 25.14 25.41 25.68 25.31 Average cap - US$/oz 27.02 29.00 28.81 28.58 28.14 28.41 28.68 28.27

Trade and Other Receivables (Ta

Trade and Other Receivables (Tables)	12 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Disclosure of Trade and Other Receivables	SA Rand Figures in million 2022 2021 Financial assets Trade receivables (metals) 571 738 Other trade receivables 343 292 Loss allowance (204) (179) Trade receivables - net 710 851 Interest and other receivables 213 111 Employee receivables 15 17 Non-financial assets Prepayments 160 131 Value added tax and general sales tax 545 505 Income and mining taxes 39 37 Total trade and other receivables 1 682 1 652
Disclosure of Movement in the Loss Allowance for Trade and Other Receivables	The movement in the loss allowance for trade and other receivables during the year was as follows (refer to note 39 for details): SA Rand Figures in million 2022 2021 Balance at beginning of year 179 135 Increase in loss allowance recognised during the year 80 64 Reversal of loss allowance during the year (55) (20) Balance at end of year 204 179 The loss allowance for 2022 includes R67 million (2021: R80 million) relating to a mining company who is in financial difficulties. The remaining movement relates to various other individually immaterial debtors.
Disclosure of Ageing of Loss Allowance for Trade and Other Receivables	The loss allowance for trade and other receivables stratified according to the ageing profile at the reporting date is as follows: SA Rand Figures in million Gross Loss 30 June 2022 Not past due 1 689 20 Past due by 1 to 30 days 26 11 Past due by 31 to 60 days 26 9 Past due by 61 to 90 days 8 5 Past due by more than 90 days 72 66 Past due by more than 361 days 93 93 Total 914 204 30 June 2021 Not past due 1 828 26 Past due by 1 to 30 days 26 9 Past due by 31 to 60 days 13 5 Past due by 61 to 90 days 14 6 Past due by more than 90 days 68 62 Past due by more than 361 days 81 71 Total 1 030 179 1 The gross amount includes the full trade receivables (metals) balance, which has no attributable loss allowance.

Investments in Associates (Tabl

Investments in Associates (Tables)	12 Months Ended
	Jun. 30, 2022
Interest in Other Entities [Abstract]
Movement In Investments In Associates	The movement in the investments in associates during the year is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 126 146 Redemption of preference shares — (36) Dividend received (64) (67) Share of profit in associate 63 83 Balance at end of year 125 126

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jun. 30, 2022
Inventories [Abstract]
Disclosure of Inventories	SA Rand Figures in million 2022 2021 Gold in lock-up (a) 136 65 Gold-in-process, ore stockpiles and bullion on hand 1 054 1 039 Consumables at weighted average cost (net of provision) (b) 1 764 1 503 Total inventories 2 954 2 607 Non-current portion of gold in lock-up and gold-in-process included in Other non-current assets (136) (65) Total current portion of inventories 2 818 2 542 Included in the balance above is: Inventory valued at net realisable value 136 65 (a) The reduction of the life-of-mine of the Tshepong Operations (refer to note 6) and the increased gold price assumptions used (refer to note 15) impacted the discounting of the net realisable value. This led to an increased valuation at 30 June 2022. (b) The increase year on year is mainly due to the impact of supply chain constraints on prices (refer to note 4). Increases above inflation have been seen in a number of key components of the operations such as steel, diesel, chemicals and reagentsl. During the year, an increase of R115 million (2021: R39 million decrease) to the provision for slow-moving and redundant stock was made. The total provision at 30 June 2022 was R407 million (2021: R292 million).

Share Capital (Tables)

Share Capital (Tables)	12 Months Ended
	Jun. 30, 2022
Share Capital, Reserves and Other Equity Interest [Abstract]
Disclosure of treasury shares [text block]	Included in the total of issued shares are the following treasury shares: Number of shares 2022 2021 Ordinary shares Lydenburg Exploration Limited 1 335 335 Kalgold Share Trust 2 47 046 47 046 Harmony ESOP Trust 2 4 — 5 894 081 Convertible preference shares Harmony Gold Community Trust 3 4 400 000 4 400 000 1 A wholly-owned subsidiary. 2 Trust controlled by the group. 3 The issue of the convertible preference shares did not impact the group's consolidated financial statements as the Harmony Gold Community Trust is controlled by the group. 4 On 15 January 2022, the lock-in period expired for the Harmony ESOP Trust (Sisonke Scheme). Settlements and share distributions were made and the shares are no longer classified as treasury shares.

Other Reserves (Tables)

Other Reserves (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of reserves within equity [abstract]
Disclosure of Other Reserves	SA Rand Figures in million 2022 2021 Foreign exchange translation reserve (a) 3 097 2 355 Hedge reserve (b) 480 1 051 Share-based payments (c) 3 249 3 106 Post-retirement benefit actuarial gain/(loss) (d) (5) (18) Acquisition of non-controlling interest in subsidiary (e) (381) (381) Equity component of convertible bond (f) 277 277 Repurchase of equity interest (g) (98) (98) Equity instruments designated at fair value through other comprehensive income (h) 153 135 Other (28) (28) Total other reserves 6 744 6 399 (a) The balance of the foreign exchange translation reserve movement represents the cumulative translation effect of the group's off-shore operations. 25 Other reserves continued (b) Harmony has entered into gold hedging contracts. Cash flow hedge accounting is applied to these contracts, resulting in the effective portion of the unrealised gains and losses being recorded in other comprehensive income (other reserves). Refer to note 19 for further information. The reconciliation of the hedge reserve is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 051 (3 395) Remeasurement of gold hedging contracts (571) 4 467 Unrealised gain/(loss) on gold hedging contracts (242) 2 992 Released to revenue on maturity of the gold hedging contracts (497) 2 296 Foreign exchange translation (2) (39) Deferred taxation thereon 170 (782) Attributable to non-controlling interest — (21) Balance at end of year 480 1 051 Attributable to: Rand gold hedging contracts 441 1 069 US dollar gold hedging contracts 39 (18) (c) The reconciliation of the movement in the share-based payments is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 3 106 2 950 Share-based payments expensed (i) 143 156 Balance at end of year 3 249 3 106 (i) The group issues equity-settled instruments to certain qualifying employees under an employee share option scheme and employee share ownership plan (ESOP) to award shares from the company’s authorised but unissued ordinary shares. Equity share-based payments are measured at the fair value of the equity instruments at the grant date and are expensed over the vesting period, based on the group’s estimate of the shares that are expected to vest. Refer to note 36 for more details. (d) The actuarial gains or losses related to the post-retirement benefit obligation will not be reclassified to the income statement Refer to note 27. (e) On 15 March 2004, Harmony announced that it had made an off-market cash offer to acquire all the ordinary shares, listed and unlisted options of Abelle Limited, held by non-controlling interests. The excess of the purchase price of R579 million over the carrying amount of non-controlling interest acquired, amounting to R381 million, has been accounted for under other reserves. (f) On 24 May 2004, the group issued a convertible bond. The amount representing the value of the equity conversion component is included in other reserves, net of deferred income taxes. The equity conversion component is determined on the issue of the bonds and is not changed in subsequent periods. The convertible bonds were repaid in 2009. (g) On 19 March 2010, Harmony Gold Mining Company Limited concluded an agreement with African Vanguard Resources (Proprietary) Limited (AVRD), for the purchase of its 26% share of the mining titles of the Doornkop South Reef. The original sale of the 26% share in the mining titles was accounted for as an in-substance call option by AVRD over the 26% mineral right. The agreement to purchase AVRD's 26% interest during the 2010 financial year was therefore considered to be a repurchase of the option (equity interest). The 26% interest was transferred from AVRD to Harmony in exchange for Harmony repaying the AVRD Nedbank loan and the issue of 2 162 359 Harmony shares. The difference between the value of the shares issued of R152 million, the liability to the AVRD and transaction costs, have been taken directly to equity. (h) Includes R112 million (2021: R110 million) related to the cumulative fair value movement of Harmony's interest in Rand Mutual Assurance. Refer to note 18.

Provision for Environmental R_2

Provision for Environmental Rehabilitation (Tables)	12 Months Ended
	Jun. 30, 2022
Provision For Environmental Rehabilitation [Abstract]
Disclosure of Rates Used in Calculation of Provision	The following rates were used in the calculation of the provision: % 2022 2021 2020 South African operations Inflation rate – short term (Year 1) 6.55 5.11 4.50 – short term (Year 2) 5.20 4.99 4.50 – long term (Year 3 onwards) 5.50 5.25 5.00 Discount rates – 12 months 5.50 4.90 3.90 – one to five years 8.30 7.30 5.55 – six to nine years 9.90 9.00 8.20 – ten years or more 10.90 10.30 10.95 PNG operations Inflation rate 5.33 4.45 6.28 Discount rate 8.45 6.20 5.50
Reconciliation of the total liability for environmental rehabilitation	The following is a reconciliation of the total provision for environmental rehabilitation: SA Rand Figures in million 2022 2021 Balance at beginning of year 4 662 3 408 Change in estimate – Balance sheet 1 (248) (774) Change in estimate – Income statement 1 136 135 Utilisation of provision (65) (15) Time value of money and inflation component of rehabilitation costs 377 296 Acquisitions 2 — 1 856 Translation 151 (244) Balance at end of year 5 013 4 662 1 Changes to life-of-mine plans for certain operations in 2021 and 2022 impacted the discounting of the cash flows. Also contributing to the movement in 2021 are the changes applied to the assumptions for Mponeng and the VR and WW closure businesses following the acquisition. 2 This relates to the acquisition of Mponeng operations and related assets.
Disclosure of Future Net Undiscounted Obligation	While the ultimate amount of rehabilitation costs to be incurred in the future is uncertain, the group has estimated that, based on current environmental and regulatory requirements, the total undiscounted cost for the operations, in current monetary terms, is as follows: SA Rand Figures in million 2022 2021 Future net undiscounted obligation Ultimate estimated rehabilitation cost 7 126 6 959 Amounts invested in environmental trust funds (refer to note 17) (5 244) (5 064) Total future net undiscounted obligation 1 882 1 895

Other Provisions (Tables)

Other Provisions (Tables)	12 Months Ended
	Jun. 30, 2022
Other Provisions1 [Abstract]
Other Provisions	SA Rand Figures in million 2022 Provision for silicosis settlement (a) 820 854 Retirement benefit obligation (b) 251 247 Total other provisions 1 071 1 101 Current portion of other provisions 139 175 Non-current portion of other provisions 932 926 .
Disclosure of Provision for Silicosis Settlement	The following is a reconciliation of the total provision for the silicosis settlement: SA Rand Figures in million 2022 2021 Balance at beginning of year 854 892 Change in estimate 23 80 Time value of money and inflation component 52 52 Payments 1, 2 (109) (170) Balance at end of year 820 854 Current portion of silicosis settlement provision 139 175 Non-current portion of silicosis settlement provision 681 679 1 These payments comprise mainly the administration and benefit contributions to the Tshiamiso Trust. 2 The amount for 2021 includes the legal costs for the claimants’ attorneys.
Disclosure of the Impact of a Reasonable Change in Certain Key Assumptions	The impact of these reasonable possible changes on the assumptions would increase or decrease the provision amount by the following amounts: SA Rand Figures in million 2022 2021 Effect of an increase in the assumption: Change in benefit take-up rate 1 91 85 Change in silicosis prevalence 2 91 85 Change in disease progression rates 3 49 42 Effect of a decrease in the assumption: Change in benefit take-up rate 1 (91) (85) Change in silicosis prevalence 2 (91) (85) Change in disease progression rates 3 (49) (42) 1 Change in benefit take-up rate: the take-up rate does not significantly affect the administration fees, but a 10% change results in a proportionate change in the base compensation values. 2 Change in the silicosis prevalence: the assumptions that will result in a change in the estimated number of cases are either a 10% change in the assumed labour numbers or a 10% change in the disease risk. 3 Change in disease progression rates: a 10% shorter/longer disease progression period was used, which results in more advanced silicosis cases. This assumption is not applicable to the dependant or TB classes.
Disclosure of Unfunded Obligations and Net Liability of Defined Benefit Plan	SA Rand Figures in million 2022 2021 Present value of all unfunded obligations 251 247 Current employees 99 99 Retired employees 152 148 The movement in the retirement benefit obligation is as follows: Balance at beginning of year 247 193 Acquisition of Mponeng operations and related assets — 27 Contributions paid (13) (12) Other expenses included in staff costs/current service cost 4 1 Finance costs 27 22 Net actuarial (gain)/loss recognised in other comprehensive income during the year (14) 16 Balance at end of year (non-current) 251 247 27 Other provisions continued (b) Retirement benefit obligation continued Post-retirement benefits other than pensions continued The net actuarial gain for 2022 is due to the results of the higher real rate of discount assumed and used (2021: The net actuarial loss mainly resulted from the shortfall related to the take-on of the Mponeng operation medical benefit obligation). SA Rand Figures in million 2022 2021 The net liability of the defined benefit plan is as follows: Present value of defined benefit obligation 251 247 Fair value of plan assets — — Net liability of defined benefit plan 251 247 Management considered whether a reasonably possible change in any of the key assumptions would have a material impact on the obligation, service cost or finance costs. It was determined that changes would result in an immaterial increase or decrease. The group expects to contribute approximately R14 million to the benefit plan in 2023. The weighted average duration of the defined benefit obligation is 11 years.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of leases [Abstract]
Disclosure of quantitative information about right-of-use assets	The movement in the right-of-use assets is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 262 151 Acquisition of Mponeng operations and related assets 1 — 11 Additions 353 174 Modifications (2) 35 Depreciation (166) (80) Terminations — (1) Translation 33 (28) Balance at end of year 480 262
Disclosure of quantitative information about leases for lessee	The movement in the lease liabilities is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 261 141 Acquisition of Mponeng operations and related assets 1 — 40 Additions 315 135 Modifications (2) 35 Interest expense on lease liabilities 19 13 Lease payments made (177) (80) Terminations — (1) Translation 26 (22) Balance at end of year 442 261 Current portion of lease liabilities 197 107 Non-current portion of lease liabilities 245 154
Disclosure Of Maturity Analysis of Capitalised Leases	The maturity of the group's undiscounted lease payments is as follows: SA Rand Figures in million 2022 2021 Less than and including one year 206 112 Between one and five years 205 225 Five years and more 133 — Total 544 337
Disclosure of qualitative information about leases for lessee Income Statement	The amounts included in the income statement relating to leases: SA Rand Figures in million 2022 2021 Depreciation of right-of-use assets 1 166 80 Interest expense on lease liabilities 2 19 13 Short-term leases expensed 3 134 187 Leases of low value assets expensed 3 21 15 Variable lease payments expensed 3, 4 1 050 883 1 Included in depreciation and amortisation. 2 Included in finance costs. 3 Included in production costs and corporate, administration and other expenditure. 4 These payments relate mostly to mining and drilling contracts. Variable lease payments comprise 76% of the total lease payments made during the period. The majority of the variable lease payments made relate to the contracting of specialists for mining operations at Harmony's open-pit mines and are determined on a per tonne or square metre basis.
Disclosure of lease payments	The total cash outflows for leases are: SA Rand Figures in million 2022 2021 Lease payments made for lease liabilities 177 80 Short-term lease payments 134 187 Lease payments of low value assets leased 21 15 Variable lease payments 1 050 883 Total cash outflows for leases 1 382 1 165 During 2022, Harmony reached financial close on power purchase agreements for the procurement of electricity from 30 MW photovoltaic generation facilities. These agreements constitute variable lease contracts that Harmony is committed to but which have not yet commenced as at 30 June 2022. The variable lease payments from these contracts are to be determined with reference to the quantity of megawatt hours (MWh) generated by the facilities.

Contingent Consideration (Table

Contingent Consideration (Tables)	12 Months Ended
	Jun. 30, 2022
Contingent Consideration [Abstract]
Disclosure of the movement in Contingent Consideration [Table Text Block]	The movement in the contingent consideration liability is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 417 — Initial recognition as at 1 October 2020 — 544 Remeasurement of contingent consideration 1 (61) (127) Balance at end of year 356 417 1 The remeasurement of the liability relates primarily to a change in the production profile, which is based on Harmony's life-of-mine plan for the Mponeng operation.

Other Non-Current Liabilities (

Other Non-Current Liabilities (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of other provisions, contingent liabilities and contingent assets [Abstract]
Disclosure of Other Non-Current Liabilities	SA Rand Figures in million 2022 2021 Sibanye Beatrix ground swap royalty 1 18 19 Lease liability – non-current 2 245 154 Provision for Harmony Education Benefit Fund 5 5 Total non-current liabilities 268 178 1 The decrease is mainly due to the estimated gold allocation decreasing from 2 068kg to 1 820kg based on approved life-of-mine plans. 2 Refer to note 28 for an analysis of the lease liability.

Streaming Arrangement (Tables)

Streaming Arrangement (Tables)	12 Months Ended
	Jun. 30, 2022
Streaming Contract Liabilities [Abstract]
Disclosure of reconciliation of the streaming contract liability	Reconciliation of the streaming contract liability: SA Rand Figures in million 2022 2021 Balance at beginning of year 1 091 — Initial recognition as at 1 October 2020 — 1 417 Finance costs related to significant financing component 67 71 Non-cash consideration for delivery of gold ounces (included in Revenue) (471) (397) Balance at end of year 687 1 091 Current portion of streaming contract liability 309 396 Non-current portion of streaming contract liability 378 695

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Jun. 30, 2022
Financial Instruments [Abstract]
Disclosure of Terms and Debt Repayment Schedule	Summary of facilities' terms Commenced Tenor (years) Matures Secured Security Interest Interest charge Repayment term Repaid Existing R2.5 billion revolving credit facility – sustainability linked May 2022 Three years May 2025 2 Yes Unsecured Variable JIBAR + 2.40% On maturity n/a US$400 million facility – sustainability linked May 2022 Three years May 2025 2 Yes Unsecured Variable On maturity n/a - US$100 million term facility SOFR + 2.85% 4 - US$300 million revolving credit facility SOFR + 2.70% 4 R1.5 billion facility (green term loan) 1 May 2022 Six years, six months November 2028 Yes Unsecured Variable JIBAR + 2.65% Bi-annual 3 n/a US$24 million Westpac loan July Four July Yes Cession and pledge of vehicles and machinery Variable LIBOR + 3.20% Quarterly instalments n/a 1 This facility can only be drawn down from November 2022. 2 Does not take into account the two extension options of 12 months each. 3 Ten equal bi-annual instalments starting from May 2024 with the final instalment on maturity. 4 Secured Overnight Financing Rate. The SOFR is a secured interbank overnight interest rate that has been established as an alternative to LIBOR. Please refer to note 39 for more detail. Borrowings continued Summary of facilities' terms continued Commenced Tenor (years) Matures Secured Security Interest Interest charge Repayment term Repaid Matured R2 billion facility November 2018 Four years November 2022 Yes Cession and pledge of operating subsidiaries' shares and claims Variable May 2022 - R600 million term loan JIBAR + 2.9% Eight equal quarterly instalments starting from February 2021 with the final instalment on maturity - R1.4 billion revolving credit facility JIBAR + 2.8% On maturity US$400 million facility September Three years September 2023 5 Yes Cession and pledge of operating subsidiaries' shares and claims Variable On maturity May 2022 - US$200 million revolving credit facility Extendable by one year LIBOR + 2.9% - US$200 million term loan LIBOR + 3.1% 5 one
Sustainability-linked Key Performance Indicators	The Rand RCF, US$ RCF and US$ term loans are linked to certain sustainability-linked key performance indicators (ESG KPIs), which will be measured annually for the next three financial years and will result in changes to interest rate margins. The adjustments to interest rate margins for each financial year's ESG performance would impact the following financial year. The respective ESG KPIs are as follows: KPI Unit of measurement Scope Sustainability performance targets FY23 FY24 FY25 Greenhouse gas emissions 000 tonnes of Scope 1 and Scope 2 CO 2 e emissions All operations 4 485 4 279 4 074 Renewable energy Renewable energy consumption as % of total electricity consumed SA operations 2 % 8 % 20 % Water consumption Potable water consumed (Mℓ) SA operations 20 453 19 833 19 436 Depending on Harmony's performance in relation to these ESG KPIs, the potential change in interest rate margin is as follows: Cumulative benefit/penalty for each financial year (basis points) FY23 FY24 FY25 KPI Greenhouse gas emissions 1 2 3 Renewable energy 1 2 3 Water consumption 1 2 3
Disclosure of Interest Bearing Borrowings	Interest-bearing borrowings SA Rand Figures in million 2022 2021 Non-current borrowings R2 billion facility — 153 Balance at beginning of year 153 1 351 Repayments (450) (1 050) Transferred (to)/from current liabilities 300 (150) Amortisation of issue cost (3) 2 Westpac fleet loan — 22 Balance at beginning of year 22 132 Repayments (94) (96) Transferred from current liabilities 62 18 Translation 10 (32) R2.5 billion facility – sustainability linked — — Balance at beginning of year — — Issue costs (26) — Reclassification to prepayments (Trade receivables) 26 — R1.5 billion term facility (Green loan) — — Balance at beginning of year — — Issue costs (15) — Reclassification to prepayments (Trade receivables) 15 — US$400 million facility – sustainability linked 3 180 — Balance at beginning of year — — Draw down 3 057 — Issue cost (76) — Amortisation of issue costs 1 — Translation 198 — US$400 million facility — 2 799 Balance at beginning of year 2 799 5 980 Issue cost — (11) Repayments (3 057) (2 347) Amortisation of issue costs 55 39 Translation 203 (862) Total non-current borrowings 3 180 2 974 SA Rand Figures in million 2022 2021 Current borrowings R2 billion facility — 300 Balance at beginning of year 300 150 Transferred (to)/from non-current liabilities (300) 150 Westpac fleet loan 25 87 Balance at beginning of year 87 105 Transferred to non-current liabilities (62) (18) Total current borrowings 25 387 Total interest-bearing borrowings 3 205 3 361 32 Borrowings continued Interest-bearing borrowings continued SA Rand Figures in million 2022 2021 The maturity of borrowings is as follows: Current 25 387 Between one to two years — 175 Between two to three years 3 180 2 799 3 205 3 361 SA Rand Figures in million 2022 2021 Undrawn committed borrowing facilities Expiring within one year — — Expiring after one year 7 254 4 254 7 254 4 254
Disclosure of Effective Interest Rates	2022 2021 Effective interest rates (%) R2 billion facility 6.7 6.6 Westpac fleet loan 3.4 3.4 US$400 million facility 3.4 4.0 US$400 million – sustainability linked 4.3 —

Trade and Other Payables (Table

Trade and Other Payables (Tables)	12 Months Ended
	Jun. 30, 2022
Subclassifications of assets, liabilities and equities [abstract]
Disclosure of Trade and Other Payables	SA Rand Figures in million 2022 2021 Financial liabilities Trade payables 1 266 1 269 Lease liability – current 1 197 107 Other liabilities 328 129 Non-financial liabilities Payroll accruals 832 847 Leave liabilities (a) 770 731 Shaft-related liabilities 841 928 Other accruals 92 211 Value added tax 156 163 Income and mining tax 12 4 Total trade and other payables 4 494 4 389 1 Refer to note 28 for an analysis of the lease liability. 33 Trade and other payables continued (a) Employee entitlements to annual leave are recognised on an ongoing basis. An accrual is made for the estimated liability for annual leave as a result of services rendered by employees up to the balance sheet date. The movement in the liability recognised in the balance sheet is as follows: SA Rand Figures in million 2022 2021 Balance at beginning of year 731 537 Benefits paid (762) (583) Total expense per income statement 787 630 Translation (gain)/loss 14 (25) Acquisitions 1 — 172 Balance at end of year 770 731 1 Acquisition of the Mponeng operations and related assets. Refer to note 14 for detail.

Cash Generated by Operations (T

Cash Generated by Operations (Tables)	12 Months Ended
	Jun. 30, 2022
Cash Generated By Operations [Abstract]
Disclosure of Cash Generated by Operations	SA Rand Figures in million 2022 2021 2020 Reconciliation of profit/(loss) before taxation to cash generated by operations Profit/(loss) before taxation (1 058) 6 382 (595) Adjustments for: Amortisation and depreciation 3 683 3 877 3 508 Impairment of assets 4 433 1 124 — Share-based payments 145 160 180 Net decrease in provision for post-retirement benefits (14) (13) (12) Net increase in provision for environmental rehabilitation 71 135 — Profit on sale of property, plant and equipment (24) (11) (2) Loss on scrapping of property, plant and equipment 7 161 62 Profit from associates (63) (83) (94) Investment income (352) (244) (375) ARM BBEE day one expense — (87) — Finance costs 718 661 661 Inventory revaluation adjustments 21 69 (70) Foreign exchange translation difference 338 (810) 989 Non-cash portion of (gains)/losses on derivatives 252 (1 204) 1 382 Day one loss amortisation (49) (47) 40 Streaming contract revenue (471) (397) — Silicosis settlement provision – net (86) (90) (119) Gain on bargain purchase — (303) — Contingent consideration remeasurement (61) (127) — Provision for obsolete stock 82 10 7 Increase in gold in lock-up (71) (17) (4) Loss allowance 22 47 63 Other non-cash adjustments 14 (43) (42) Effect of changes in operating working capital items (Increase)/decrease in Receivables 21 (339) (349) Increase in Inventories (232) (37) (150) Increase/(decrease) in Payables 52 967 (49) Cash generated by operations 7 378 9 741 5 031 34 Cash generated by operations continued

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Jun. 30, 2022
Employee Benefits [Abstract]
Disclosure of Permanent Employees and Aggregate Earnings of Employees	2022 2021 Number of permanent employees as at 30 June: South African operations 35 989 36 860 International operations 1 1 620 1 599 Total number of permanent employees 37 609 38 459 SA Rand Figures in million 2022 2021 Aggregate earnings The aggregate earnings of employees including executive directors were: Salaries and wages and other benefits (excluding share-based payments) 15 485 14 079 Retirement benefit costs 1 125 929 Medical aid contributions 363 316 Total aggregated earnings 2 16 973 15 324 1 The Wafi-Golpu joint operation's employees included in the total is 56 (2021: 59). 2 These amounts have been included in cost of sales, corporate expenditure and capital expenditure.

Share-Based Payments (Tables)

Share-Based Payments (Tables)	12 Months Ended
	Jun. 30, 2022
Share-based payment arrangements [Abstract]
Explanation of Effect of Share-based Payments on Entity's Profit or Loss	36 Share-based payments continued Employee share-based payments continued The total cost relating to employee share-based payments is made up as follows: SA Rand Figures in million 2022 2021 2006 share plan — 26 Sisonke ESOP 109 61 Management DSP 91 69 Total employee share-based payments 200 156
Disclosure of Terms and Conditions of Share-based Payment Arrangement	The 2006 share plan consists of share appreciation rights (SARs), performance shares (PS) and restricted shares (RS). The share plan is equity-settled. Award Vesting Performance criteria SARs SARs will vest in equal thirds in year three (33.33%), four (33.33%) and five (33.33%), subject to the performance conditions having been satisfied. The SARs will have an expiry date of six years from the grant date and the offer price equals the closing market prices of the underlying shares on the trading date immediately preceding the grant. 2014 allocation: The group's headline earnings per share must have grown since the allocation date by more than the South African Consumer Price Index (CPI). PS The PS will vest after three years from the grant date, if and to the extent that the performance conditions have been satisfied. 2017 allocation: • 50% of the number of rights awarded are linked to the total shareholder return of the group on an absolute basis. • 50% of the number of rights awarded are linked to the total shareholder return of the group as compared to that of the South African gold index. RS The RS will vest after three years from grant date. The participant is still employed within the group. Termination of employees' participation in the share plan is based on "no fault" and "fault" definitions: • Fault All unvested and unexercised SARs and all PS and RS not yet vested are lapsed and cancelled • No fault Accelerated vesting occurs and all unvested and unexercised share options are settled in accordance with the rules of the plan. Award Vesting Performance criteria PU* The PU will vest after three years from the date on which the service period commenced. The participant is still employed within the group. * The term Participation Units means the vested rights of a beneficiary to an equal number of Harmony shares held by the Trust. Termination of employees' participation in the share scheme is based on "no fault" and "fault" definitions: • Fault All unvested and unexercised PU not yet vested are lapsed and cancelled • No fault Accelerated vesting occurs and all unvested and unexercised PU are settled in accordance with the rules of the plan. Award Vesting Performance criteria DS* The awards will vest at a rate of 20% per annum over the following five years for executive directors and prescribed officers, and one-third per annum over the following three years for qualifying management. The participant is still employed within the group. * Deferred shares. During December 2021 shareholders approved the introduction of “no fault” termination effective 7 December 2021. Termination of employees' participation in the share scheme is based on "no fault" and "fault" definitions: • Fault All unvested and unexercised DS not yet vested are lapsed and cancelled • No fault All unvested and unexercised DS will continue in force to vest on the original vesting dates in accordance with the rules of the plan. The update of “no fault” termination will ensure that executives who leave the company in good standing, for example due to retirement, will continue to be exposed to the company share price for the remainder of the vesting periods of unvested awards. It will encourage and reward their focus on sustainability and succession during their tenure. 36 Share-based payments continued Employee share-based payments continued Options granted under the Management Deferred Share Plan continued
Disclosure of Number and Weighted Average Remaining Contractual Life of Outstanding Share Options	Activity on share options SARs PS Activity on options and rights granted but not yet exercised Number of options and rights Weighted average Number of rights For the year ended 30 June 2021 Balance at beginning of year 377 333 18.41 12 415 024 Options exercised (371 008) 18.41 (11 928 241) Options forfeited and lapsed (6 325) 18.41 (486 783) Balance at end of year — — — There were no SARS, RS and PS balances during the 2022 financial year and no RS balances during the 2021 financial year. SA Rand Figures in million 2022 2021 Gain realised by participants on options and rights traded during the year — 807 Fair value of options and rights exercised during the year — 807 Number of PU Activity on PU granted but not exercised 2022 2021 Balance at beginning of year 6 311 667 6 768 562 Options granted 40 064 106 994 Options exercised (6 254 608) (441 548) Options forfeited and lapsed (97 123) (122 341) Balance at end of year — 6 311 667 2022 2021 Gain realised by participants on options exercised during the year (R million) 397 31 Weighted average share price at the date of exercise (SA Rand) 58.20 70.90 Remaining life (years) — 0.5 2022 2021 18 September 2019 – 3 years Gain realised by participants on options exercised during the year (R million) 13 28 Weighted average share price at the date of exercise (SA Rand) 47.24 87.86 Remaining life (years) 0.2 1.2 18 September 2019 – 5 years Gain realised by participants on options exercised during the year (R million) 2 2 Weighted average share price at the date of exercise (SA Rand) 51.74 87.86 Remaining life (years) 2.2 3.2 18 September 2020 – 3 years Gain realised by participants on options exercised during the year (R million) 13 — Weighted average share price at the date of exercise (SA Rand) 47.24 — Remaining life (years) 1.2 — 18 September 2020 – 5 years Gain realised by participants on options exercised during the year (R million) 2 — Weighted average share price at the date of exercise (SA Rand) 49.55 — Remaining life (years) 3.2 — Number of DS Activity on DS granted but not exercised 2022 2021 Balance at beginning of year 2 102 523 1 162 152 Options granted 3 298 489 1 356 715 Options exercised (641 562) (331 466) Options forfeited and lapsed (310 159) (84 878) Balance at end of year 4 449 291 2 102 523 List of options granted but not yet exercised (listed by grant date) Number of options Remaining life (years) As at 30 June 2022 Deferred shares 18 September 2019 – 3 years 284 525 0.2 18 September 2019 – 5 years 172 243 2.2 18 September 2020 – 3 years 570 777 1.2 18 September 2020 – 5 years 268 395 3.2 20 September 2021 – 3 years 2 369 559 2.2 20 September 2021 – 5 years 783 792 4.2 Total options granted but not yet exercised 4 449 291

Related Parties (Tables)

Related Parties (Tables)	12 Months Ended
	Jun. 30, 2022
Related Party [Abstract]
Disclosure of Directors and Prescribed Officers Who Own Shares in Harmony	The directors' remuneration is as follows: SA Rand Figures in million Executive directors Non-executive directors 2022 Salaries 21 — Retirement contributions 3 — Bonuses 14 — Exercise/settlement of share options 2 — Directors' fees — 13 Total 40 13 2021 Salaries 24 — Retirement contributions 3 — Bonuses 16 — Exercise/settlement of share options 105 — Directors' fees — 13 Total 148 13 On 7 December 2021, Harmony announced the retirement of Ms Fikile De Buck and Dr Simo Lushaba as independent non-executive directors with effect from 7 December 2021. On 21 February 2022, Ms Melanie Naidoo-Vermaak and Mr Anton Buthelezi were appointed as senior executive: Sustainable Development and senior executive: Human Capital respectively and have been classified as prescribed officers. On 19 May 2022, Harmony announced the appointment of Mr Bongani Nqwababa and Mr Martin Prinsloo to the board of directors of Harmony as independent non-executive directors with effect from 18 May 2022. On 28 June 2022, Harmony announced the resignation of Mr Modise Motloba as a non-independent non-executive director with effect from 27 June 2022. The following directors and prescribed officers owned shares in Harmony at year-end: Number of shares Name of director/prescribed officer 2022 2021* Directors Peter Steenkamp 1 772 589 746 085 Boipelo Lekubo 1 15 988 3 581 Andre Wilkens 101 301 101 301 Harry 'Mashego' Mashego 1 14 875 3 319 Prescribed officers Beyers Nel 1,4 110 207 198 622 Philip Tobias 1,2,4 n/a 321 084 Marian van der Walt 1,4 100 000 159 438 Melanie Naidoo-Vermaak 1,3 7 966 n/a Johannes van Heerden 1,4 30 734 6 156 * Certain figures have been revised. Refer to footnote 4 below. 1 The balance of shares held is attributable to shares held privately and in terms of the minimum shareholding requirement as set out in our remuneration policy. 2 Philip Tobias resigned effective 14 November 2021. 3 Melanie Naidoo-Vermaak classified as a prescribed officer effective 21 February 2022. 4 During the year, a misstatement was identified in the balance of the shares owned by certain prescribed officers for the year ended 30 June 2021. The previously disclosed balance at 30 June 2021 did not consider shares traded in the prescribed officers' personal capacity, and as a result were misstated. These figures have been revised. Shares held at 30 June 2021 were previously disclosed as: Beyers Nel, 216 175 shares, Marian van der Walt, 139 356 shares, Philip Tobias, 347 462 shares and Johannes van Heerden, 166 156 shares.
Disclosure of Transactions with Related Parties	SA Rand Figures in million 2022 2021 Sales and services rendered to related parties Joint operations 4 3 Total 4 3 SA Rand Figures in million 2022 2021 Purchases and services acquired from related parties Directors 5 5 Associates 51 55 Total 56 60

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2022
Other provisions, contingent liabilities and contingent assets [Abstract]
Disclosure of Capital Commitments	SA Rand Figures in million 2022 2021 Capital expenditure commitments Contracts for capital expenditure 1 1 839 341 Share of joint operation's contracts for capital expenditure 105 32 Authorised by the directors but not contracted for 6 300 7 425 Total capital commitments 8 244 7 798
Disclosure of Guarantees	SA Rand Figures in million 2022 2021 Guarantees Guarantees and suretyships 500 481 Environmental guarantees 1 479 479 Total guarantees 979 960 1 At 30 June 2022 R150 million (2021: R146 million) has been pledged as collateral for environmental guarantees in favour of certain financial institutions. Refer to note 17.

Financial Risk Management (Tabl

Financial Risk Management (Tables)	12 Months Ended
	Jun. 30, 2022
Financial Instruments [Abstract]
Disclosure of Financial Assets	The group's financial assets and liabilities are classified as set out below: SA Rand Figures in million Debt instruments at amortised cost Equity instruments designated Derivatives designated as cash flow hedges Derivatives at fair value through profit or loss Debt instruments at fair value through profit or loss Financial liabilities at amortised cost At 30 June 2022 Financial assets Restricted cash and investments 4 128 292 — — 1 162 — Other non-current assets 15 75 — — 148 — Non-current derivative financial instruments — — 131 6 — — – Rand gold hedging contracts — — 113 — — — – US$ gold hedging contracts — — 18 — — — – US$ silver contracts — — — 6 — — Current derivative financial instruments — — 436 83 — — – Rand gold hedging contracts — — 410 — — — – US$ gold hedging contracts — — 26 — — — – Foreign exchange contracts — — — 12 — — – US$ silver contracts — — — 71 — — Trade and other receivables 938 — — — — — Cash and cash equivalents 2 448 — — — — — Financial liabilities Non-current derivative financial instruments — — 3 — — — – US$ gold hedging contracts — — 3 — — — Current derivative financial instruments — — 8 — — — – US$ gold hedging contracts — — 8 — — — Borrowings — — — — — 3 205 Contingent consideration liability — — — 356 — Other non-current liabilities — — — — — 263 Trade and other payables — — — — — 1 791 39 Financial risk management continued SA Rand Figures in million Debt instruments Equity instruments designated Derivatives designated Derivatives Debt instruments Financial liabilities at amortised At 30 June 2021 Financial assets Restricted cash and investments 3 656 252 — — 1 391 — Other non-current assets 16 74 — — 177 — Non-current derivative financial instruments — — 319 9 — — – Rand gold hedging contracts — — 279 — — — – US$ gold hedging contracts — — 40 — — — – US$ silver contracts — — — 9 — — Current derivative financial instruments — — 1 087 384 — — – Rand gold hedging contracts — — 1 079 — — — – US$ gold hedging contracts — — 8 — — — – Foreign exchange contracts — — — 383 — — – US$ silver contracts — — — 1 — — Trade and other receivables 979 — — — — — Cash and cash equivalents 2 819 — — — — — Financial liabilities Non-current derivative financial instruments — — — 6 — — – US$ silver contracts — — — 6 — — Current derivative financial instruments — — 114 92 — — – Rand gold hedging contracts — — 41 — — — – US$ gold hedging contracts — — 73 — — — – US$ silver contracts — — — 92 — — Borrowings — — — — — 3 361 Contingent consideration liability — — — — 417 — Other non-current liabilities — — — — — 173 Trade and other payables — — — — — 1 505
Disclosure of Financial Liabilities	The group's financial assets and liabilities are classified as set out below: SA Rand Figures in million Debt instruments at amortised cost Equity instruments designated Derivatives designated as cash flow hedges Derivatives at fair value through profit or loss Debt instruments at fair value through profit or loss Financial liabilities at amortised cost At 30 June 2022 Financial assets Restricted cash and investments 4 128 292 — — 1 162 — Other non-current assets 15 75 — — 148 — Non-current derivative financial instruments — — 131 6 — — – Rand gold hedging contracts — — 113 — — — – US$ gold hedging contracts — — 18 — — — – US$ silver contracts — — — 6 — — Current derivative financial instruments — — 436 83 — — – Rand gold hedging contracts — — 410 — — — – US$ gold hedging contracts — — 26 — — — – Foreign exchange contracts — — — 12 — — – US$ silver contracts — — — 71 — — Trade and other receivables 938 — — — — — Cash and cash equivalents 2 448 — — — — — Financial liabilities Non-current derivative financial instruments — — 3 — — — – US$ gold hedging contracts — — 3 — — — Current derivative financial instruments — — 8 — — — – US$ gold hedging contracts — — 8 — — — Borrowings — — — — — 3 205 Contingent consideration liability — — — 356 — Other non-current liabilities — — — — — 263 Trade and other payables — — — — — 1 791 39 Financial risk management continued SA Rand Figures in million Debt instruments Equity instruments designated Derivatives designated Derivatives Debt instruments Financial liabilities at amortised At 30 June 2021 Financial assets Restricted cash and investments 3 656 252 — — 1 391 — Other non-current assets 16 74 — — 177 — Non-current derivative financial instruments — — 319 9 — — – Rand gold hedging contracts — — 279 — — — – US$ gold hedging contracts — — 40 — — — – US$ silver contracts — — — 9 — — Current derivative financial instruments — — 1 087 384 — — – Rand gold hedging contracts — — 1 079 — — — – US$ gold hedging contracts — — 8 — — — – Foreign exchange contracts — — — 383 — — – US$ silver contracts — — — 1 — — Trade and other receivables 979 — — — — — Cash and cash equivalents 2 819 — — — — — Financial liabilities Non-current derivative financial instruments — — — 6 — — – US$ silver contracts — — — 6 — — Current derivative financial instruments — — 114 92 — — – Rand gold hedging contracts — — 41 — — — – US$ gold hedging contracts — — 73 — — — – US$ silver contracts — — — 92 — — Borrowings — — — — — 3 361 Contingent consideration liability — — — — 417 — Other non-current liabilities — — — — — 173 Trade and other payables — — — — — 1 505
Schedule of Sensitivity Analysis for Types of Market Risk	The group has reviewed its foreign currency exposure on financial assets and financial liabilities and has identified the following sensitivities in the exchange rates that would affect profit and loss: • Rand/US$ exchange rate – 4% (2021: 6%) based on the standard deviation from a one-year forecast of various financial institution outlooks • A$/US$ exchange rate – 4% (2021: 4%) based on the standard deviation from a one-year forecast of various financial institution outlooks • PGK/US$ exchange rate – 0.1% (2021: 1%). The Papua New Guinean (PNG) government has fixed the exchange rate of the Kina to the US$ and adjusts it occasionally. These adjustments are very small and would not result in any significant impact on profit or loss. SA Rand Figures in million 2022 2021 Sensitivity analysis – borrowings Rand against US$ Balance at 30 June 3 180 2 806 Strengthen by 4% (FY21: 6%) 127 168 Weaken by 4% (FY21: 6%) (127) (168) Closing rate 16.27 14.27 US$ against Kina Balance at 30 June 25 109 Strengthen by 0.1% (FY21: 1%) — 1 Weaken by 0.1% (FY21: 1%) — (1) Closing rate 0.28 0.29 Sensitivity analysis – contingent consideration liability Rand against US$ Balance at 30 June 356 417 Strengthen by 4% (FY21: 6%) 14 25 Weaken by 4% (FY21: 6%) (14) (25) Closing rate 16.27 14.27 SA Rand Figures in million 2022 2021 Sensitivity analysis – other financial instruments Rand against US$ Balance at 30 June 12 383 Strengthen by 4% (FY21: 6%) 19 105 Weaken by 4% (FY21: 6%) (26) (127) Closing rate 16.27 14.27 US$ against A$ Balance at 30 June 268 723 Strengthen by 4% (FY21: 4%) 10 28 Weaken by 4% (FY21:4%) (11) (30) Closing rate 0.69 0.75 The group has reviewed its exposure to commodity-linked instruments and identified a sensitivity of 9% (2021: 7%), based on the standard deviation of a one-year forecast gold price from various financial institution outlooks. The estimated sensitivity would affect other comprehensive income in the 2022 financial year. Only material commodity balances were considered when determining the need for a sensitivity analysis and therefore management has not performed a sensitivity analysis on silver commodities. SA Rand Figures in million 2022 2021 Sensitivity analysis Rand gold derivatives Other comprehensive income Increase by 9% (FY21: 7%) (1 001) (481) Decrease by 9% (FY21: 7%) 998 612 US$ gold derivatives Other comprehensive income Increase by 9% (FY21: 7%) 152 130 Decrease by 9% (FY21: 7%) (150) (128) SA Rand Figures in million 2022 2021 Sensitivity analysis – borrowings (finance costs) Rand-denominated borrowings Increase by 88 basis points (FY21: 25 basis points) — (1) Decrease by 88 basis points (FY21: 25 basis points) — 1 US$-denominated borrowings Increase by 185 basis point (FY21: 1 basis point) (59) — Decrease by 185 basis points (FY21: 1 basis point) 59 — Sensitivity analysis – financial assets (interest received) Increase by 88 basis points (FY21: 25 basis points) 59 16 Decrease by 88 basis points (FY21: 25 basis points) (59) (16)
Schedule of Credit Risk	Financial institutions' credit rating by exposure (source: Fitch Ratings and Global Credit Ratings) SA Rand Figures in million 2022 2021 Cash and cash equivalents AA+ 1 711 1 738 AA 737 1 081 Total 2 448 2 819 Restricted cash and investments (refer to note 17) AAA 225 225 AA+ 4 997 4 756 Total 5 222 4 981 Derivative financial assets (refer to note 19) AA+ 226 629 AA 115 286 AA- 110 145 A+ 205 739 Total 656 1 799
Disclosure of Contractual Maturities of Non-derivative Financial Liabilities	The following are the undiscounted contractual maturities of financial liabilities (including principal and interest payments assuming the closing R/US$ exchange rate and interest rate at year end): SA Rand Figures in million 2022 2021 Current More than Current More than Contingent consideration liability 1 — 515 — 647 Other non-current liabilities 2 — 18 — 19 Lease liability 206 338 112 225 Trade and other payables (excluding non-financial liabilities) 2,3 1 594 — 1 398 — Derivative financial liabilities 3 9 3 285 11 Borrowings 3 : Due between 0 to six months 97 — 256 — Due between six to 12 months 68 — 249 — Due between one to two years — 137 — 267 Due between two to three years 4 — 3 251 — 2 877 Total 1 974 4 262 2 300 4 046 1 The majority of this balance is expected to be settled between four to five years. 2 These balances exclude the lease liability as it has been disclosed separately. 3 The group will utilise its cash generated from operations to settle outstanding obligations. 4 Final repayment of capital amount of R3 126 million (2021: R2 854 million) in May 2025.
Disclosure of Contractual Maturities of Derivative Financial Liabilities	The following are the undiscounted contractual maturities of financial liabilities (including principal and interest payments assuming the closing R/US$ exchange rate and interest rate at year end): SA Rand Figures in million 2022 2021 Current More than Current More than Contingent consideration liability 1 — 515 — 647 Other non-current liabilities 2 — 18 — 19 Lease liability 206 338 112 225 Trade and other payables (excluding non-financial liabilities) 2,3 1 594 — 1 398 — Derivative financial liabilities 3 9 3 285 11 Borrowings 3 : Due between 0 to six months 97 — 256 — Due between six to 12 months 68 — 249 — Due between one to two years — 137 — 267 Due between two to three years 4 — 3 251 — 2 877 Total 1 974 4 262 2 300 4 046 1 The majority of this balance is expected to be settled between four to five years. 2 These balances exclude the lease liability as it has been disclosed separately. 3 The group will utilise its cash generated from operations to settle outstanding obligations. 4 Final repayment of capital amount of R3 126 million (2021: R2 854 million) in May 2025.
Disclosure of Net Debt	Net debt is as follows: SA Rand Figures in million 2022 2021 Cash and cash equivalents 2 448 2 819 Borrowings (3 205) (3 361) Net debt (757) (542)
Schedule of Financial Assets Measured at Fair Value	The following table sets out the group’s assets and liabilities measured at fair value by level within the fair value hierarchy: SA Rand Figures in million At 30 June 2022 At 30 June 2021 Level 1  Level 2  Level 3  Level 1 Level 2  Level 3  Fair value through other comprehensive income Other non-current assets (a) — — 75 — — 74 Restricted cash and investments (b) 292 — — 252 — — Fair value through profit or loss Restricted cash and investments (b) — 1 162 — — 1 391 — Derivative financial assets (c) — 656 — — 1 799 — Derivative financial liabilities (c) — (11) — — (212) — Loan to ARM BBEE Trust (d) — — 148 — — 177 Contingent consideration liability (e) — — (356) — — (417) (a) The majority of the balance relates to the equity investment in Rand Mutual Assurance. The fair value of the investment was estimated with reference to an independent valuation. A combination of the "Embedded Valuation" and "Net Asset Value" techniques were applied to revalue the investment at the reporting dates. In evaluating the group's share of the business, common practice marketability and minority discounts as well as additional specific risk discounts were applied. There are no inputs to the valuation that a reasonably possible change would result in a material change in the fair value of the investment. (b) The majority of the level 2 valued assets are directly derived from the Top 40 index on the JSE, and are discounted at market interest rates. This relates to equity-linked deposits in the group's environmental rehabilitation trust funds. The level 1 valued assets comprise listed equity securities designated as fair value through other comprehensive income instruments. The remaining balance of the environmental trust funds is carried at amortised cost and therefore not disclosed here. (c) The mark-to-market remeasurement of the derivative contracts was determined as follows: • Foreign exchange contracts comprise zero cost collars and FECs: The zero cost collars were valued using a Black-Scholes valuation technique derived from spot Rand/US$ exchange rate inputs, implied volatilities on the Rand/US$ exchange rate, Rand/US$ inter-bank interest rates and discounted at a market interest rate (zero-coupon interest rate curve). The value of the FECs is derived from the forward Rand/US$ exchange rate and discounted at a market interest rate (zero coupon interest rate curve) • Rand gold contracts (forward sale contracts): spot Rand/US$ exchange rate, Rand and dollar interest rates (forward points), spot US$ gold price, differential between the US interest rate and gold lease interest rate which is discounted at a market interest rate • US$ gold contracts (forward sale contracts): spot US$ gold price, differential between the US interest rate and gold lease interest rate and discounted at a market interest rate • Silver contracts (zero cost collars): a Black-Scholes valuation technique, derived from the spot US$ silver price, strike price, implied volatilities, time to maturity and interest rates and discounted at a market interest rate (d) At 30 June 2022, the fair value movement was calculated using a discounted cash flow model, taking into account forecast dividend payments over the estimated repayment period of the loan at a rate of 9.3% (2021: 7.9%). A 99 basis points (2021: 74 basis points) change in the discount rate, which would represent a reasonably possible change based on expected movements in lending rates, would not cause a material change in the fair value of the loan. The loan balance forms part of other non-current assets in the balance sheet. 39 Financial risk management continued Fair value determination for financial assets and liabilities continued (e) The contingent consideration liability related to the Mponeng operation (refer to note 29) was determined using the expected gold production profile for Mponeng at a post-tax real rate of 10.2% (2021: 10.3%). Should the expected gold production profile increase by 7.6% or decrease by 7.6%, the contingent consideration liability would increase by R251 million (2021: R208 million at 7%) or decrease by R189 million (2021: R183 million at 7%) respectively. This represents reasonably expected changes which were determined based on the standard deviation of previous years' production of the Mponeng operation. No other reasonably expected changes in key unobservable inputs would have caused a material change in the fair value of the liability.
Schedule of Financial Liabilities Measured at Fair Value	The following table sets out the group’s assets and liabilities measured at fair value by level within the fair value hierarchy: SA Rand Figures in million At 30 June 2022 At 30 June 2021 Level 1  Level 2  Level 3  Level 1 Level 2  Level 3  Fair value through other comprehensive income Other non-current assets (a) — — 75 — — 74 Restricted cash and investments (b) 292 — — 252 — — Fair value through profit or loss Restricted cash and investments (b) — 1 162 — — 1 391 — Derivative financial assets (c) — 656 — — 1 799 — Derivative financial liabilities (c) — (11) — — (212) — Loan to ARM BBEE Trust (d) — — 148 — — 177 Contingent consideration liability (e) — — (356) — — (417) (a) The majority of the balance relates to the equity investment in Rand Mutual Assurance. The fair value of the investment was estimated with reference to an independent valuation. A combination of the "Embedded Valuation" and "Net Asset Value" techniques were applied to revalue the investment at the reporting dates. In evaluating the group's share of the business, common practice marketability and minority discounts as well as additional specific risk discounts were applied. There are no inputs to the valuation that a reasonably possible change would result in a material change in the fair value of the investment. (b) The majority of the level 2 valued assets are directly derived from the Top 40 index on the JSE, and are discounted at market interest rates. This relates to equity-linked deposits in the group's environmental rehabilitation trust funds. The level 1 valued assets comprise listed equity securities designated as fair value through other comprehensive income instruments. The remaining balance of the environmental trust funds is carried at amortised cost and therefore not disclosed here. (c) The mark-to-market remeasurement of the derivative contracts was determined as follows: • Foreign exchange contracts comprise zero cost collars and FECs: The zero cost collars were valued using a Black-Scholes valuation technique derived from spot Rand/US$ exchange rate inputs, implied volatilities on the Rand/US$ exchange rate, Rand/US$ inter-bank interest rates and discounted at a market interest rate (zero-coupon interest rate curve). The value of the FECs is derived from the forward Rand/US$ exchange rate and discounted at a market interest rate (zero coupon interest rate curve) • Rand gold contracts (forward sale contracts): spot Rand/US$ exchange rate, Rand and dollar interest rates (forward points), spot US$ gold price, differential between the US interest rate and gold lease interest rate which is discounted at a market interest rate • US$ gold contracts (forward sale contracts): spot US$ gold price, differential between the US interest rate and gold lease interest rate and discounted at a market interest rate • Silver contracts (zero cost collars): a Black-Scholes valuation technique, derived from the spot US$ silver price, strike price, implied volatilities, time to maturity and interest rates and discounted at a market interest rate (d) At 30 June 2022, the fair value movement was calculated using a discounted cash flow model, taking into account forecast dividend payments over the estimated repayment period of the loan at a rate of 9.3% (2021: 7.9%). A 99 basis points (2021: 74 basis points) change in the discount rate, which would represent a reasonably possible change based on expected movements in lending rates, would not cause a material change in the fair value of the loan. The loan balance forms part of other non-current assets in the balance sheet. 39 Financial risk management continued Fair value determination for financial assets and liabilities continued (e) The contingent consideration liability related to the Mponeng operation (refer to note 29) was determined using the expected gold production profile for Mponeng at a post-tax real rate of 10.2% (2021: 10.3%). Should the expected gold production profile increase by 7.6% or decrease by 7.6%, the contingent consideration liability would increase by R251 million (2021: R208 million at 7%) or decrease by R189 million (2021: R183 million at 7%) respectively. This represents reasonably expected changes which were determined based on the standard deviation of previous years' production of the Mponeng operation. No other reasonably expected changes in key unobservable inputs would have caused a material change in the fair value of the liability.

Segment Report Segment Report (

Segment Report Segment Report (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of entity's operating segments [Abstract]
Segment Report	Segment report continued Revenue Production cost Production Segment assets Capital expenditure # 30 June Kilograms produced* Tonnes milled* 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 2022 2021 2020 Rand million Rand million Rand million Rand million Rand million Kg 000t South Africa Underground Tshepong Operations 6 351 6 214 5 452 5 084 4 865 4 298 1 267 1 349 1 154 3 779 6 541 6 733 1 514 1 112 930 7 022 7 419 7 293 1 561 1 558 1 417 Moab Khotsong 5 779 6 048 5 008 4 038 3 842 3 344 1 741 2 206 1 664 4 324 4 008 3 842 894 633 498 6 508 7 166 6 592 959 903 746 Mponeng 5 620 4 750 — 4 487 2 938 — 1 133 1 812 — 4 433 4 321 — 605 493 — 6 086 5 446 — 840 683 — Bambanani 1 1 286 1 687 1 591 1 163 1 156 1 040 123 531 551 — 327 443 25 71 50 1 433 1 992 2 132 176 227 200 Joel 1 411 1 199 1 037 1 308 1 124 1 010 103 75 27 1 244 1 166 1 080 225 172 151 1 556 1 424 1 391 434 359 349 Doornkop 3 106 3 077 2 270 2 453 2 140 1 730 653 937 540 3 222 2 994 2 841 491 425 281 3 444 3 670 2 994 874 851 681 Target 1 1 648 1 410 1 524 1 812 1 667 1 499 (164) (257) 25 1 517 1 367 1 276 384 368 347 1 800 1 603 2 244 455 488 543 Kusasalethu 4 139 3 400 2 293 3 086 2 955 2 577 1 053 445 (284) 822 1 057 1 253 210 205 188 4 567 3 999 3 015 607 708 615 Masimong 1 733 1 636 1 401 1 504 1 427 1 258 229 209 143 17 26 41 49 29 24 1 910 2 012 1 999 486 510 489 Unisel 2 — 224 681 — 182 580 — 42 101 — — 6 — — 7 — 247 982 — 57 219 Surface Mine Waste Solutions 3 2 642 1 889 — 1 588 1 137 — 1 054 752 — 1 027 1 031 — 264 70 — 2 899 2 057 — 23 443 17 665 — All other surface operations 4 868 5 136 3 302 3 551 3 587 2 135 1 317 1 549 1 167 1 066 890 745 282 265 118 5 304 6 031 4 349 20 737 21 824 16 264 Total South Africa 38 583 36 670 24 559 30 074 27 020 19 471 8 509 9 650 5 088 21 451 23 728 18 260 4 943 3 843 2 594 42 529 43 066 32 991 50 572 45 833 21 523 International Hidden Valley 3 159 4 028 3 748 2 122 1 719 1 639 1 037 2 309 2 109 4 141 3 128 3 810 1 249 1 260 959 3 707 4 689 4 872 3 229 3 420 3 906 Total international 3 159 4 028 3 748 2 122 1 719 1 639 1 037 2 309 2 109 4 141 3 128 3 810 1 249 1 260 959 3 707 4 689 4 872 3 229 3 420 3 906 Total operations 41 742 40 698 28 307 32 196 28 739 21 110 9 546 11 959 7 197 25 592 26 856 22 070 6 192 5 103 3 553 46 236 47 755 37 863 53 801 49 253 25 429 Reconciliation of segment information to the consolidated income 903 1 035 938 903 1 035 938 — — — 21 216 21 947 22 622 — — — — — — — — — 42 645 41 733 29 245 33 099 29 774 22 048 9 546 11 959 7 197 46 808 48 803 44 692 6 192 5 103 3 553 46 236 47 755 37 863 53 801 49 253 25 429 # Capital expenditure for international operations excludes expenditure spent on Wafi-Golpu of R22 million (2021: R34 million) (2020: R54 million). * Production statistics are unaudited. 1 The Bambanani operation closed during June 2022. 2 The Unisel operation closed during October 2020. 3 The Mine Waste Solutions and All other surface operations line items were disaggregated as a result of Mine Waste Solutions meeting the 10% profit quantitative threshold for a reportable segment.

Reconciliation of Segment Inf_2

Reconciliation of Segment Information to Consolidated Income Statements and Balance Sheets (Tables)	12 Months Ended
	Jun. 30, 2022
Disclosure of entity's operating segments [Abstract]
Disclosure of Operating Segments	Reconciliation of segment information to consolidated income statement and balance sheet SA Rand Figures in million 2022 2021 2020 Reconciliation of production profit to consolidated profit/(loss) Revenue per segment report 41 742 40 698 28 307 Revenue per income statement 42 645 41 733 29 245 Other metal sales treated as by-product credits in the segment report (903) (1 035) (938) Production costs per segment report (32 196) (28 739) (21 110) Production costs per income statement (33 099) (29 774) (22 048) Other metal sales treated as by-product credits in the segment report 903 1 035 938 Production profit per segment report 9 546 11 959 7 197 Cost of sales items other than production costs (8 828) (5 715) (3 860) Amortisation and depreciation of mining assets (3 622) (3 777) (3 409) Amortisation and depreciation of assets other than mining assets (61) (98) (99) Rehabilitation expenditure (136) (135) (47) Care and maintenance cost of restructured shafts (273) (144) (146) Employment termination and restructuring costs (218) (332) (40) Share-based payments (143) (114) (130) Impairment of assets (4 433) (1 124) — Other 58 9 11 Gross profit 718 6 244 3 337 Corporate, administration and other expenditure (984) (1 068) (611) Exploration expenditure (214) (177) (205) Gains/(losses) on derivatives 53 1 022 (1 678) Foreign exchange translation gain/(loss) (327) 670 (892) Other operating expenses (1) (241) (309) Operating profit/(loss) (755) 6 450 (358) Gain on bargain purchase — 303 — Acquisition-related costs — (124) (45) Share of profit from associate 63 83 94 Investment income 352 331 375 Finance costs (718) (661) (661) Profit/(loss) before taxation (1 058) 6 382 (595) 42 Reconciliation of segment information to consolidated income statement and balance sheet continued SA Rand Figures in million 2022 2021 2020 Reconciliation of total segment assets to consolidated assets Non-current assets Property, plant and equipment not allocated to a segment 7 280 6 741 7 116 Mining assets (a) 943 757 1 062 Undeveloped property (b) 4 004 3 989 4 025 Other non-mining assets 510 411 115 Assets under construction (c) 1 823 1 584 1 914 Intangible assets 48 365 536 Restricted cash and investments 5 555 5 232 3 642 Investments in associates 125 126 146 Deferred tax assets 203 272 531 Other non-current assets 374 332 435 Derivative financial assets 137 328 50 Current assets Inventories 2 818 2 542 2 421 Restricted cash and investments 27 67 62 Trade and other receivables 1 682 1 652 1 308 Derivative financial assets 519 1 471 18 Cash and cash equivalents 2 448 2 819 6 357 Total 21 216 21 947 22 622 (a) These balances relate to Wafi-Golpu assets and assets that provide services to several CGUs, such as Harmony One Plant. (b) Undeveloped properties comprise the Target North property as well as Wafi-Golpu’s undeveloped properties. (c) Assets under construction consist of the Wafi-Golpu assets.

Impact of changes in global o_2

Impact of changes in global operating and economic environment (Details)	12 Months Ended
	Jun. 30, 2022 ZAR (R) R / $	Jun. 30, 2021 ZAR (R) R / $	Jun. 30, 2020 ZAR (R) R / $	Jun. 30, 2022 ZAR_per_AUD	Jun. 30, 2021 ZAR_per_AUD
Disclosure Of Commodity Prices And Exchange Rate Assumptions [Line Items]
Closing foreign exchange rate	16.27	14.27	17.32	11.25	10.72
Foreign exchange translation gain/(loss)	R 742,000,000	R (1,234,000,000)	R 1,199,000,000

Revenue (Details)

Revenue (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) kg	Jun. 30, 2021 ZAR (R) kg	Jun. 30, 2020 ZAR (R) kg
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	R 41,677	R 43,632	R 30,642
Consideration from streaming contract	471	397	0
Hedging gain/(loss)	R 497	R (2,296)	R (1,397)
Percentage Gold Price Change	(2.00%)	17%
Percentage Silver Production Change	(12.00%)	31%
Production Of Silver Proved Reserves | kg	59,489	67,295	97,332
Percentage Uranium Production Change	11%	10%
Percentage Uranium Price Change	50%	15%
Production Of Uranium Proved Reserves | kg	167,696	150,778	137,298
Percentage Silver Price Change	(10.00%)	49%
Percentage Gold Production Change	(3.00%)
production Of Gold Proved Reserves | kg	46,236	47,755
Total revenue	R 42,645	R 41,733	R 29,245
Mponeng operations and related assets
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers		7,500
Gold (a)
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	40,774	42,597	29,704
Silver
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	663	857	839
Uranium
Disclosure of disaggregation of revenue from contracts with customers [line items]
Revenue from contracts with customers	R 240	R 178	R 99

Revenue Disclosure of Average c

Revenue Disclosure of Average commodity prices (Details)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2022 R / kg	Jun. 30, 2022 kg	Jun. 30, 2022 $ / oz	Jun. 30, 2022 $ / lb	Jun. 30, 2021	Jun. 30, 2021 R / kg	Jun. 30, 2021 kg	Jun. 30, 2021 $ / oz	Jun. 30, 2021 $ / lb	Jun. 30, 2020 R / kg	Jun. 30, 2020 kg	Jun. 30, 2020 $ / oz	Jun. 30, 2020 $ / lb
Disclosure of revenue - average commodity prices [Abstract]
Average gold price received		894,218		1,829			851,045		1,719		735,569		1,461
Average silver price received		11,293		23.09			12,602		25.45		8,485		16.85
Average uranium price received		1,514			45.14		1,010			29.76	875			25.34
Disclosure of disaggregation of revenue from contracts with customers [table]
Percentage Gold Price Change	(2.00%)					17%
Average gold price received		894,218		1,829			851,045		1,719		735,569		1,461
Production Of Silver Proved Reserves			59,489					67,295				97,332
Percentage Silver Production Change	(12.00%)					31%
Percentage Silver Price Change	(10.00%)					49%
Average silver price received		11,293		23.09			12,602		25.45		8,485		16.85
Percentage Uranium Production Change	11%					10%
Percentage Uranium Price Change	50%					15%
Average uranium price received		1,514			45.14		1,010			29.76	875			25.34
Production Of Uranium Proved Reserves			167,696					150,778				137,298
Average Gold Price Received, Including Hedging | R / kg		883,453					899,563

Cost of Sales - Disclosure of c

Cost of Sales - Disclosure of cost of sales (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Analysis of income and expense [abstract]
Production costs	R 33,099	R 29,774	R 22,048
Amortisation and depreciation of mining assets	3,622	3,777	3,409
Amortisation and depreciation of assets other than mining assets	61	98	99
Rehabilitation expenditure	136	135	47
Care and maintenance costs of restructured shafts	273	144	146
Employment termination and restructuring costs	218	332	40
Share-based payments	143	114	130
Impairment of assets	4,433	1,124	0
Other Cost of Sales Increase/(decrease)	(58)	(9)	(11)
Total cost of sales	R 41,927	R 35,489	R 25,908

Cost of Sales - Narrative (Deta

Cost of Sales - Narrative (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure Of Cost Of Sales [Line Items]
Change in production costs	R 3,325	R 7,726
Percentage production cost increase	11%	35%
Rehabilitation spend	R 65	R 15	R 47
Reversal of impairment loss	0	0	R 0
Hidden Valley
Disclosure Of Cost Of Sales [Line Items]
Increase (Decrease) in depreciation	(651)
Mine Waste Solutions
Disclosure Of Cost Of Sales [Line Items]
Increase (Decrease) in depreciation	227
Mponeng
Disclosure Of Cost Of Sales [Line Items]
Increase (Decrease) in depreciation	54
Bambanani1
Disclosure Of Cost Of Sales [Line Items]
Increase (Decrease) in depreciation	56
Mponeng operations and related assets
Disclosure Of Cost Of Sales [Line Items]
Change in production costs		5,230
Change in rehabilitation provision		R 80
Vaal River Closure
Disclosure Of Cost Of Sales [Line Items]
Care and Maintenance Expenditure	R 117

Cost of Sales - Disclosure of p

Cost of Sales - Disclosure of production costs (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Analysis of income and expense [abstract]
Labour costs, including contractors	R 19,350	R 17,585	R 13,004
Consumables	8,581	7,218	5,441
Water and electricity	6,009	5,138	3,664
Change in inventory	21	69	(70)
Capitalisation of mine development costs	(2,576)	(2,117)	(1,485)
Stripping activities	(1,096)	(1,047)	(675)
Royalty expense	360	637	327
Other	2,450	2,291	1,842
Total production costs	R 33,099	R 29,774	R 22,048

Cost of Sales - Disclosure of i

Cost of Sales - Disclosure of impairment of assets (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R)	Jun. 30, 2022 ZAR (R) $ / oz	Jun. 30, 2022 ZAR (R) R / kg	Jun. 30, 2021 ZAR (R)	Jun. 30, 2021 ZAR (R) $ / oz	Jun. 30, 2021 ZAR (R) R / kg	Jun. 30, 2020 ZAR (R) $ / oz	Jun. 30, 2020 $ / oz	Jun. 30, 2020 $ / oz R / kg	Jun. 30, 2022 $ / oz	Jun. 30, 2022 R / kg	Jun. 30, 2022	Jun. 30, 2022 R / $	Dec. 31, 2021 ZAR (R)	Dec. 31, 2021 $ / oz	Dec. 31, 2021 R / kg	Dec. 31, 2021	Dec. 31, 2021 R / $	Jun. 30, 2021 $ / oz	Jun. 30, 2021 R / kg	Jun. 30, 2021	Jun. 30, 2021 R / $	Jun. 30, 2020 R / kg	Jun. 30, 2020 R / $
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of assets	R 4,433			R 1,124			R 0
Average gold price received		1,829	894,218		1,719	851,045		1,461	735,569
Impairment of assets							R 0
Long term year 4 onwards
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Closing Price Of Gold Assumption							1,350	1,350	1,350	1,546	763,000								1,500	700,000			630,000
Exchange rate (R/USD and PGK/USD) | R / $													15.35									14.51		14.51
– 12 months
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Closing Price Of Gold Assumption							1,610	1,610	1,610	1,861	931,000				1,782	880,000			1,805	843,000			865,000
Exchange rate (R/USD and PGK/USD) | R / $													15.55					15.36				14.54		16.72
Tshepong operations
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of assets	3,622			759			R 0
Recoverable amount				5,783	R 5,783	R 5,783
Bambanani1
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of assets	144			187			0
Recoverable amount	0	R 0	R 0	341	341	341								R 36
Post-tax real discount rate																	12.59%
Target 3
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of assets	0			178			0
Recoverable amount				0	0	0
Kusasalethu
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of assets	145			0			0
Recoverable amount	806	806	806
Moab Khotsong
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment of assets	522			0			R 0
Recoverable amount	3,748	3,748	3,748
Post-tax real discount rate												10.44%									9.35%
Tshepong South
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	1,645	1,645	1,645
Post-tax real discount rate												11.67%									10.11%
Tshepong North
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	1,938	1,938	1,938
Post-tax real discount rate												11.67%									10.11%
Tshepong OLOM
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Post-tax real discount rate												13.72%									12.02%
Life-of-mine plan | Tshepong operations
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount				4,847	4,847	4,847
Life-of-mine plan | Bambanani1
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	0	0	0	341	341	341
Life-of-mine plan | Target 3
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount				0	0	0
Life-of-mine plan | Kusasalethu
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	806	806	806
Life-of-mine plan | Moab Khotsong
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	3,748	3,748	3,748
Life-of-mine plan | Tshepong South
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	1,645	1,645	1,645
Life-of-mine plan | Tshepong North
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	1,088	1,088	1,088
Resource base | Tshepong operations
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount				936	936	936
Resource base | Bambanani1
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	0	0	0	0	0	0
Resource base | Target 3
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount				R 0	R 0	R 0
Resource base | Kusasalethu
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	0	0	0
Resource base | Moab Khotsong
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	0	0	0
Resource base | Tshepong South
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	0	0	0
Resource base | Tshepong North
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Recoverable amount	R 850	R 850	R 850

Corporate, Administration and_2

Corporate, Administration and Other Expenditure (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of attribution of expenses by nature to their function [line items]
Professional fees expense	R 61	R 52	R 45
Compliance and assurance cost	62	51	39
Corporate business development	39	221	19
Corporate office expenditure	797	707	486
Other corpirate and adminstration expenses	25	37	22
Administrative expenses	R 984	1,068	611
Mponeng operations and related assets
Disclosure of attribution of expenses by nature to their function [line items]
Corporate business development		R 205	R 4

Foreign Exchange Translation _3

Foreign Exchange Translation Gain/(Loss) (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) R / $	Jun. 30, 2021 ZAR (R) R / $	Jun. 30, 2020 ZAR (R) R / $	Jun. 30, 2022 ZAR_per_AUD	Jun. 30, 2021 ZAR_per_AUD
Disclosure of attribution of expenses by nature to their function [line items]
Closing rate	16.27	14.27	17.32	11.25	10.72
Average foreign exchange rate | R / $	15.21	15.40	15.66
Effect Of Exchange Rate Changes On Borrowings	R (411)	R 894	R (970)
Effect Of Exchange Rate Changes On Cash And Cash Equivalents and Other items	84	(224)	78
Foreign exchange translation gain/(loss)	R (327)	R 670	R (892)

Other Operating Expenses (Detai

Other Operating Expenses (Details) - ZAR (R) R in Millions	9 Months Ended	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Analysis of income and expense [abstract]
Social investment expenditure		R 145	R 126	R 143
Loss on scrapping of property, plant and equipment (a)		7	161	62
Silicosis settlement provision (b)		23	80	36
Loss allowance		22	47	63
Remeasurement of contingent consideration (c)	R (127)	(61)	(127)	0
Income from third party toll treatment fee		(25)	0	0
Other (income)/expense – net (e)		(110)	(46)	5
Total other operating expenses		1	R 241	R 309
Disclosure of attribution of expenses by nature to their function [table]
Income from reimbursements under insurance policies		83
Gains on disposals of property, plant and equipment		R 24

Investment Income (Details)

Investment Income (Details) - ZAR (R) R in Millions		12 Months Ended
	Aug. 05, 2020	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Analysis of income and expense [abstract]
Interest income from financial assets at amortised cost		R 276	R 265	R 257
Dividend income1		(24)	(23)	0
Net gain on financial instruments2		52	43	118
Total investment income		352	331	375
Disclosure of nature of investment income [Line Items]
Dividend income1		24	23	0
Day 1 Expense		0	(87)	R 0
ARM BBEE Trust
Disclosure of nature of investment income [Line Items]
Day 1 Expense		0	87
Total environmental trust funds
Analysis of income and expense [abstract]
Dividend income1		(14)	(5)
Net gain on financial instruments2		18	116
Disclosure of nature of investment income [Line Items]
Dividend income1		14	5
Rand Mutual Assurance
Analysis of income and expense [abstract]
Dividend income1	R (8)	(10)	(18)
Disclosure of nature of investment income [Line Items]
Dividend income1	R 8	R 10	R 18

Finance Costs (Details)

Finance Costs (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Financial liabilities
Borrowings	R 238	R 228	R 424
Other creditors and liabilities	22	14	9
Total finance costs from financial liabilities	260	242	433
Non-financial liabilities
Streaming arrangements	67	71	0
Finance Costs, Non-Financial Liabilities	523	441	282
Disclosure of attribution of expenses by nature to their function [line items]
Total finance costs before interest capitalised	783	683	715
Borrowing costs capitalised	65	22	54
Total finance costs	R 718	R 661	R 661
Capitalisation rate	6.80%	3.80%	9.40%
Finance Costs, Non-Financial Liabilities	R 523	R 441	R 282
Other Provisions
Non-financial liabilities
Expense due to unwinding of discount on provisions	79	74	88
Disclosure of attribution of expenses by nature to their function [line items]
Expense due to unwinding of discount on provisions	79	74	88
Provision for environmental rehabilitation
Non-financial liabilities
Expense due to unwinding of discount on provisions	377	296	194
Disclosure of attribution of expenses by nature to their function [line items]
Expense due to unwinding of discount on provisions	R 377	R 296	R 194

Taxation - Disclosure of Taxati

Taxation - Disclosure of Taxation (Expense)/Credit (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Major components of tax (expense) income
Prior year tax	R 10	R (4)	R 5
Total taxation (expense)/credit	46	(1,258)	R (255)
Temporary Differences Excluding Hedge Accounted Derivatives [Member]
Major components of tax (expense) income
Deferred tax expense (income) relating to tax rate changes or imposition of new taxes	(386)	55
Derivative Financial Instruments [Member] | Temp differences related to hedge accounted derivatives [Member]
Major components of tax (expense) income
Deferred tax expense (income) relating to origination and reversal of temporary differences	R (170)	R 782
Randfontein
Major components of tax (expense) income
Deferred Tax Rate	8.70%	5.10%	10.10%
Mine Waste Solutions
Major components of tax (expense) income
Deferred tax assets	R 24	R 97
Parent [member]
Major components of tax (expense) income
Deferred tax assets	179	175
South Africa
Major components of tax (expense) income
Deferred tax (expense) income	353	(714)	R (197)
Deferred tax - current year	R 353	R (714)	R (197)
Revenue exempt from taxation (as a percent)	5%	5%	5%
Australian entities and PNG operation
Major components of tax (expense) income
Applicable taxation rate	30%	30%	30%
Mining Products | Unredeemed capital expenditure2
Major components of tax (expense) income
Deferred tax expense (income) relating to origination and reversal of temporary differences	R 86	R 301
Mining Products | South Africa
Major components of tax (expense) income
Current tax (expense) credit and adjustments of prior periods	(182)	(464)	R (56)
Current year tax	(194)	(467)	(61)
Prior year tax	R 12	R 3	R 5
Applicable taxation rate	34%	34%	34%
Non-Mining Services | South Africa
Major components of tax (expense) income
Current tax (expense) credit and adjustments of prior periods	R (125)	R (80)	R (2)
Current year tax	(121)	(81)	(2)
Prior year tax	R (4)	R 1	R 0
Applicable taxation rate	28%	28%	28%

Taxation - Disclosure of Major

Taxation - Disclosure of Major Items Causing the Income Tax Provision to Differ from the South African Mining Statutory Tax Rate (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Tax (expense)/credit on net profit/loss at the mining statutory tax rate	R 360	R (2,170)	R 202
Non-allowable deductions and non-taxable items	(328)	(153)	(221)
Equity-settled share-based payments	(49)	(49)	(62)
Gain on bargain purchase	0	102	0
Acquisition- and integration-related costs	0	(75)	0
Impairment of goodwill	(114)	(64)	0
Exploration expenditure	(79)	(15)	(55)
Finance costs	(52)	(50)	(76)
Other	(34)	(2)	(28)
Movement in temporary differences related to property, plant and equipment1	(1,447)	378	(355)
Movements in temporary differences related to other assets and liabilities	(174)	(465)	(452)
Difference between effective mining tax rate and statutory mining rate on mining income	125	145	10
Difference between non-mining tax rate and statutory mining rate on non-mining income	26	17	0
Tax Effect From Change In Deferred Tax Rate	(386)	55	469
Adjustments for current tax of prior periods	(10)	4	(5)
Capital allowances	973	860	766
Deferred tax asset not recognised	115	189	34
Deferred tax asset previously not recognised now recorded	0	0	225
Total taxation (expense)/credit	R 46	R (1,258)	R (255)
Effective income and mining tax rate (%)	4%	20%	(43.00%)
Freegold
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Deferred Tax Rate	7%	12.10%	11.40%
Randfontein
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Deferred Tax Rate	8.70%	5.10%	10.10%
Moab Khotsong
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Deferred Tax Rate	14.70%	17.60%	17.30%
Avgold
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Deferred Tax Rate	0%	0%	0%
Parent Company
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Deferred Tax Rate	25.10%	27.40%	29.80%
Mining Products | SA taxation
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]
Mining statutory tax rate	34%	34%	34%
Adjustments for current tax of prior periods	R (12)	R (3)	R (5)

Taxation - Analysis of Deferred

Taxation - Analysis of Deferred Tax Assets and Liabilities (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	R (203)	R (272)
Deferred tax liabilities	1,586	2,178
Net deferred tax liability	R 1,383	R 1,906
Parent Company
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Rate	25.10%	27.40%	29.80%
Freegold
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Rate	7%	12.10%	11.40%
Randfontein
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Rate	8.70%	5.10%	10.10%
Moab Khotsong
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Rate	14.70%	17.60%	17.30%
Mponeng
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Rate	12.80%	11.30%
Avgold
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Rate	0%	0%	0%
Deferred tax assets
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	R (1,183)	R (1,202)
Deferred tax asset to be recovered after more than 12 months
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(1,091)	(522)
Deferred tax asset to be recovered within 12 months
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(92)	(680)
Deferred tax liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	2,566	3,108
Deferred tax liability to be recovered after more than 12 months
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	2,192	2,713
Deferred tax liability to be recovered within 12 months
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liabilities	374	395
Unredeemed capital expenditure2
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(3,863)	(3,540)
Unredeemed capital expenditure2 | Hidden Valley
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(3,521)	(3,157)
Unredeemed capital expenditure2 | Mponeng
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(125)	(146)
Temporary Differences Due To Impairments | Mining assets
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax expense (income) relating to origination and reversal of temporary differences	(312)
Tax losses3
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(1,524)	(1,151)
Tax losses3 | Hidden Valley
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(1,417)	(1,089)
Tax losses3 | Randfontein
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Tax Losses	(708)	(796)
Tax losses3 | Hidden Valley
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Tax Losses	4,718	(3,629)
Tax losses3 | Avgold
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Tax Losses	R (1,761)	R (1,184)

Taxation - Disclosure of Deferr

Taxation - Disclosure of Deferred Tax Liabilities and Assets on the Balance Sheet (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross deferred tax liabilities	R 1,586	R 2,178
Deferred tax assets	(203)	(272)
Deferred tax liability (asset)	1,383	1,906	R 465
Net deferred tax liability	1,383	1,906
Gross deferred tax liabilities
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross deferred tax liabilities	2,566	3,108
Amortisation and depreciation1
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross deferred tax liabilities	2,375	2,807
Other
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross deferred tax liabilities	48	25
Gross deferred tax assets
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(1,183)	(1,202)
Unredeemed capital expenditure2
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(3,863)	(3,540)
Provisions, including non-current provisions
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(1,133)	(1,157)
Contingent consideration liability
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(39)	(47)
Streaming contract liability
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(86)	(140)
Other
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Gross deferred tax liabilities	143	276
Tax losses3
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(1,524)	(1,151)
Deferred tax asset not recognised
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred Tax Assets, amount not recognised	5,465	4,833
Other deferred tax assets
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(3)	0
Hidden Valley | Unredeemed capital expenditure2
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	(3,521)	(3,157)
Hidden Valley | Tax losses3
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	R (1,417)	R (1,089)

Taxation - Disclosure of Moveme

Taxation - Disclosure of Movement in Net Deferred Tax Liabiilty (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Oct. 01, 2020
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax liability (asset)	R 1,383	R 1,906
Expense/(credit) per income statement	(353)	714
Deferred tax assets recognised as of acquisition date	0		R 55
Tax directly charged to other comprehensive income	(170)	782
Deferred tax assets	203	272
Deferred tax liabilities	1,586	2,178
Reconciliation of changes in deferred tax liability (asset)
Balance at beginning of year	1,906	465
Expense/(credit) per income statement	(353)	714
Tax directly charged to other comprehensive income	(170)	782
Balance at end of year	1,383	1,906
Deferred tax assets	(203)	(272)
Deferred tax liabilities	1,586	2,178
Deferred tax assets recognised as of acquisition date	0		R (55)
Temporary Differences Excluding Hedge Accounted Derivatives [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax expense (income) relating to tax rate changes or imposition of new taxes	(386)	55
Unredeemed capital expenditure2
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	3,863	3,540
Reconciliation of changes in deferred tax liability (asset)
Deferred tax assets	(3,863)	(3,540)
Temp differences related to hedge accounted derivatives [Member] | Derivative Financial Instruments [Member]
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax expense (income) relating to origination and reversal of temporary differences	(170)	782
Hidden Valley | Unredeemed capital expenditure2
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Deferred tax assets	3,521	3,157
Reconciliation of changes in deferred tax liability (asset)
Deferred tax assets	R (3,521)	R (3,157)

Taxation - Disclosure of Potent

Taxation - Disclosure of Potential Future Tax Deductions (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Amount of deferred tax not recognised, deductible temporary differences	R 15,978	R 13,820
Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	45,408	41,184
Deductible temporary differences for which no deferred tax asset is recognised	42,859	37,667
Tax losses carried forward utilisable against mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	7,445	5,746
Deductible temporary differences for which no deferred tax asset is recognised	6,471	4,832
Capital Gains Tax (CGT) losses available to be utilised against future CGT gains
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	583	570
Deductible temporary differences for which no deferred tax asset is recognised	583	570
Hidden Valley | Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	(15,725)	(13,506)
Avgold | Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	(27,133)	(24,161)
Randfontein | Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	(502)	(1,268)
Freegold | Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	(557)	(42)
Mponeng | Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	(978)	(1,296)
Mine Waste Solutions | Unredeemed capital expenditure available for utilisation against future mining taxable income
Disclosure of temporary difference, unused tax losses and unused tax credits [line items]
Potential future tax deductions	R (260)	R (419)

Taxation - Dividend Tax (Detail

Taxation - Dividend Tax (Details)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Taxes [Abstract]
Withholding tax	20%	20%	20%

Earnings_(Loss) Per Share - Dis

Earnings/(Loss) Per Share - Disclosure of Basic Earnings/(Loss) Per Share (Details) - ZAR (R) R / shares in Units, shares in Thousands, R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Earnings per share [abstract]
Ordinary shares in issue (in shares)	616,526	616,052	603,143
Adjustment for weighted number of ordinary shares in issue (in shares)	(121)	(5,582)	(61,306)
Weighted number of ordinary shares in issue (in shares)	616,405	610,470	541,837
Treasury shares (in shares)	(3,950)	(6,184)	(6,501)
Basic weighted average number of ordinary shares in issue (in shares)	612,455	604,286	535,336
Owners of the parent	R (1,052)	R 5,087	R (878)
Total basic earnings/(loss) per share (in rand per share)	R (1.72)	R 8.42	R (1.64)

Earnings_(Loss) Per Share - D_2

Earnings/(Loss) Per Share - Disclosure of Diluted Earnings/(Loss) Per Share (Details) - R / shares shares in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Earnings per share [abstract]
Weighted average number of ordinary shares in issue (in shares)	612,455	604,286	535,336
Potential ordinary shares (in shares)	2,159	12,099	11,858
Weighted average number of ordinary shares for diluted earnings per share (in shares)	614,614	616,385	547,194
Total diluted earnings/(loss) per share (in rand per share)	R (1.72)	R 8.25	R (1.66)

Earnings_(Loss) Per Share - D_3

Earnings/(Loss) Per Share - Disclosure of Dividends Declared (Details) - ZAR (R) R / shares in Units, R in Millions							12 Months Ended
	Oct. 17, 2022	Aug. 29, 2022	Apr. 11, 2022	Feb. 25, 2022	Oct. 18, 2021	Apr. 19, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Earnings per share [abstract]
Dividends per share, ordinary shares	R 0.22			R 0.40	R 0.27		R 0.67	R 1.10	R 0
Dividend declared			R 247		R 167	R 677	R 414	R 677	R 0
Dividends recognised as distributions to owners per share		R 0.22						R 0.27
Convertible Preference Shares, Minimum Annual Preference Dividend							9	R 9	9
Dividends paid to non-controlling interests							R 16	R 7	R 3

Acquisitions and Business Com_3

Acquisitions and Business Combinations - Narrative (Details) R in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) $ / oz oz	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R)	Oct. 01, 2020 ZAR (R)	Sep. 30, 2020 ZAR (R)	Sep. 30, 2020 USD ($)
Disclosure of detailed information about business combination [line items]
Acquisition related costs	R 0	R 124	R 45
Corporate business development	R 39	R 221	19
Mponeng operations and related assets
Disclosure of detailed information about business combination [line items]
Cash consideration paid					R 3,400	$ 200
Contingent consideration payable | $ / oz	260
Ounces Gold Production | oz	250,000
Contingent Consideration Payable, Period of Payment	6 years
Contingent Consideration Payable on Ounces From Levels Below Current Infrastructure | $ / oz	20
Post-tax real discount rate	10.20%	10.30%		10.60%
Contingent consideration for below infrastructure production	R 0	R 0		R 0
Acquisition related costs		124	45
Corporate business development		R 205	R 4

Acquisitions and Business Com_4

Acquisitions and Business Combinations - Fair Value of Assets Acquired and Liabilities Assumed (Details) R in Millions	Oct. 01, 2020 ZAR (R) $ / oz R / $	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021
Disclosure of detailed information about business combination [line items]
Deferred tax assets recognised as of acquisition date	R 55	R 0
Contingent consideration recognised as of acquisition date	R 544
Mponeng operations and related assets
Disclosure of detailed information about business combination [line items]
Post-tax real discount rate	10.60%	10.20%	10.30%
Inflation rate	5%
Contingent liabilities recognised as of acquisition date	R 230
Mponeng operations and related assets | Final fair value
Disclosure of detailed information about business combination [line items]
Property, plant and equipment	6,024
Restricted cash and investments	1,268
Deferred tax assets recognised as of acquisition date	222
Current Inventory Recognised As Of Acquisition Date	454
Fair value of acquired receivables	47
Cash and cash equivalents recognised as of acquisition date	3
Deferred tax liabilities recognised as of acquisition date	(167)
Provision for Environmental Rehabilitation recognised as of acquisition date	(1,856)
Other non-current liabilities recognised as of acquisitiondate	(41)
Non-current Streaming Contract as of acquisition date	(938)
Trade and other payables recognised as of acquisition date	(324)
Current Streaming Contract Liability as of acquisition date	(479)
Identifiable assets acquired (liabilities assumed)	4,213
Contingent consideration recognised as of acquisition date	R 544
Mponeng operations and related assets | Mponeng
Disclosure of detailed information about business combination [line items]
Deferred Tax Rate	15%
Mponeng operations and related assets | West Wits [Member]
Disclosure of detailed information about business combination [line items]
Deferred Tax Rate	15%
Mponeng operations and related assets | VR Closure
Disclosure of detailed information about business combination [line items]
Deferred Tax Rate	20.80%
Mponeng operations and related assets | Mine Waste Solutions
Disclosure of detailed information about business combination [line items]
Deferred Tax Rate	18.40%
Franco Nevada | Mponeng operations and related assets
Disclosure of detailed information about business combination [line items]
Post-tax real discount rate	11.60%
Floor | Mponeng operations and related assets
Disclosure of detailed information about business combination [line items]
Post-tax real discount rate	8.50%
Exchange rate (R/USD and PGK/USD) | R / $	14.41
Closing Price Of Gold Assumption | $ / oz	1,308
Discount rates	5.10%
Cap | Mponeng operations and related assets
Disclosure of detailed information about business combination [line items]
Post-tax real discount rate	11.60%
Exchange rate (R/USD and PGK/USD) | R / $	16.75
Closing Price Of Gold Assumption | $ / oz	1,784
Discount rates	11.50%

Acquisitions and Business Com_5

Acquisitions and Business Combinations - Disclosure of Gain on Acquisition (Details) R in Millions, $ in Millions		12 Months Ended
	Oct. 01, 2020 ZAR (R)	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R)	Sep. 30, 2020 ZAR (R)	Sep. 30, 2020 USD ($)
Disclosure of detailed information about business combination [line items]
Contingent consideration recognised as of acquisition date	R 544
Gain on bargain purchase		R 0	R (303)	R 0
Mponeng operations and related assets
Disclosure of detailed information about business combination [line items]
Cash consideration paid					R 3,400	$ 200
Mponeng operations and related assets | Final fair value
Disclosure of detailed information about business combination [line items]
Cash consideration paid	3,366
Contingent consideration recognised as of acquisition date	544
Identifiable assets acquired (liabilities assumed)	(4,213)
Gain on bargain purchase	R (303)

Property, Plant and Equipment -

Property, Plant and Equipment - Disclosure of Property, Plant and Equipment (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of detailed information about property, plant and equipment [line items]
Total property, plant and equipment	R 32,872	R 33,597
Mining assets
Disclosure of detailed information about property, plant and equipment [line items]
Total property, plant and equipment	25,320	26,487
Mining assets under construction
Disclosure of detailed information about property, plant and equipment [line items]
Total property, plant and equipment	3,132	2,732
Undeveloped properties
Disclosure of detailed information about property, plant and equipment [line items]
Total property, plant and equipment	4,004	3,988
Other non-mining assets
Disclosure of detailed information about property, plant and equipment [line items]
Total property, plant and equipment	R 416	R 390

Property, Plant and Equipment_2

Property, Plant and Equipment - Mining assets (Narrative) (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) basis_point	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Life-of-mine plans (term)	5 years
Basis Points for a Reasonably Possible Increase In Commodity Price Used In Discounted Cash Flow Models | basis_point	50
Basis Points for a Reasonably Possible Decrease In Commodity Price Used In Discounted Cash Flow Models | basis_point	50
Hidden Valley
Disclosure of detailed information about property, plant and equipment [line items]
Post-tax real discount rate	11.42%	10.30%	9.02%
Hidden Valley | Mining assets
Disclosure of detailed information about property, plant and equipment [line items]
Stripping activities	R 922	R 871
Depreciation expense, capitalised stripping costs	482	934
Transferred to mining assets	513	541
Kalgold | Mining assets
Disclosure of detailed information about property, plant and equipment [line items]
Stripping activities	174	176
Depreciation expense, capitalised stripping costs	R 26	R 16
Bottom of range | South African operations
Disclosure of detailed information about property, plant and equipment [line items]
Post-tax real discount rate	10.20%	9.40%	9.62%
Top of range | South African operations
Disclosure of detailed information about property, plant and equipment [line items]
Post-tax real discount rate	13.10%	12%	11.53%

Property, Plant and Equipment_3

Property, Plant and Equipment - Disclosure of Gold Price, Silver Price and Exchange Rates Assumptions (Details)	Jun. 30, 2022 $ / oz	Jun. 30, 2022 R / $	Jun. 30, 2022 R / kg	Jun. 30, 2022 $ / lb	Jun. 30, 2022 K / $	Dec. 31, 2021 $ / oz	Dec. 31, 2021 R / $	Dec. 31, 2021 R / kg	Jun. 30, 2021 $ / oz	Jun. 30, 2021 R / $	Jun. 30, 2021 R / kg	Jun. 30, 2021 $ / lb	Jun. 30, 2021 K / $	Jun. 30, 2020 $ / oz	Jun. 30, 2020 R / $	Jun. 30, 2020 R / kg	Jun. 30, 2020 $ / lb	Jun. 30, 2020 K / $
Disclosure Of Commodity Prices And Exchange Rate Assumptions [Line Items]
Closing Price Of Copper Assumption | $ / lb				3.30								3					3
Average Foreign Exchange Rate assumption PGK/US$ | K / $					3.50								3.50					3.45
Year 1
Disclosure Of Commodity Prices And Exchange Rate Assumptions [Line Items]
Gold price (in USD per oz and R/kg)	1,861		931,000			1,782		880,000	1,805		843,000			1,610		865,000
Silver price (in USD per oz) | $ / oz	23.85								25.72					17
Exchange rate (R/USD and PGK/USD) | R / $		15.55					15.36			14.54					16.72
Year 2
Disclosure Of Commodity Prices And Exchange Rate Assumptions [Line Items]
Gold price (in USD per oz and R/kg)	1,744		860,000						1,673		772,000			1,558		775,000
Silver price (in USD per oz) | $ / oz	22.42								23.22					17
Exchange rate (R/USD and PGK/USD) | R / $		15.34								14.36					15.47
Due between two to three years4
Disclosure Of Commodity Prices And Exchange Rate Assumptions [Line Items]
Gold price (in USD per oz and R/kg)	1,664		816,000						1,582		735,000			1,469		722,000
Silver price (in USD per oz) | $ / oz	21.46								21.70					17
Exchange rate (R/USD and PGK/USD) | R / $		15.26								14.44					15.29
Long term year 4 onwards
Disclosure Of Commodity Prices And Exchange Rate Assumptions [Line Items]
Gold price (in USD per oz and R/kg)	1,546		763,000						1,500		700,000			1,350		630,000
Silver price (in USD per oz) | $ / oz	19.38								20.70					17
Exchange rate (R/USD and PGK/USD) | R / $		15.35								14.51					14.51

Property, Plant and Equipment_4

Property, Plant and Equipment - Disclosure of Gold Resource Value Assumptions (Details) - $ / oz	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
South Africa | Surface resources
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Measured	30	30
Indicated	17.50	17.50
Inferred	8	8
South Africa | Underground resources
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Measured	16.50	16.50	25
Indicated	9	9	8
Inferred	3.60	3.60	2.80
Hidden Valley | Surface resources
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Indicated	9	9	8

Property, Plant and Equipment_5

Property, Plant and Equipment - Disclosure of Sensitivity Analysis - Impairment of Assets (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Property, plant and equipment [abstract]
Percentage decrease resulting in additional impairment	10%	10%
Percentage increase resulting in additional impairment	10%	10%
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% increase	R 0	R 0
Tshepong North
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	4,074
Moab Khotsong
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	3,869	1,916
Mponeng
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	1,443	2,249
Doornkop [Member]
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	1,690	1,914
Target 1
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	1,121	1,267
Kusasalethu
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	689	821
Bambanani
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease		413
Kalgold
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	304	390
Joel [Member]
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	762	359
Target 3
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease		178
Impairment 10% increase		178
Other assets
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	208	101
Mine Waste Solutions
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	493	96
West Wits [Member]
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	0	35
Tshepong operations
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease		5,325
Tshepong South
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	2,339
Impairment 10% increase	224
Hidden Valley
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	96	0
Central Plant Reclamation
Disclosure of information for impairment loss recognised or reversed for individual asset or cash-generating unit [line items]
Impairment 10% decrease	R 32	R 0

Property, Plant and Equipment_6

Property, Plant and Equipment - Disclosure of Movement in Property, Plant and Equipment (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	R 33,597
Additions	6,192	R 5,103	R 3,553
Property, plant and equipment	32,872	33,597
Mining assets
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	26,487
Property, plant and equipment	25,320	26,487
Mining assets | Cost
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	64,980	59,736
Fully depreciated assets no longer in use derecognised	(110)	(989)
Additions	5,307	4,518
Scrapping of assets	(1,752)	(1,221)
Adjustment to rehabilitation asset	(248)	(774)
Transfers and other movements	511	545
Translation	1,900	(2,722)
Property, plant and equipment	70,588	64,980	59,736
Mining assets | Cost | Mponeng operations and related assets
Reconciliation of changes in property, plant and equipment
Acquisitions through business combinations, property, plant and equipment	0	5,887
Mining assets | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	(38,493)	(37,562)
Fully depreciated assets no longer in use derecognised	110	989
Impairment	(3,429)	(937)
Scrapping of assets	1,745	1,060
Depreciation	(3,627)	(3,936)
Translation	(1,574)	1,893
Property, plant and equipment	(45,268)	(38,493)	(37,562)
Mining assets under construction
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	2,732
Property, plant and equipment	3,132	2,732
Mining assets under construction | Cost
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	2,732	2,714
Additions	1,278	924
Depreciation capitalised	4	4
Interest costs capitalised	65	22
Transfers and other movements	(513)	(541)
Translation	236	(391)
Property, plant and equipment	3,802	2,732	2,714
Mining assets under construction | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	0	0
Impairment	(670)	0
Property, plant and equipment	(670)	0	0
Undeveloped properties
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	3,988
Property, plant and equipment	4,004	3,988
Undeveloped properties | Cost
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	5,461	5,499
Translation	17	(38)
Property, plant and equipment	5,478	5,461	5,499
Undeveloped properties | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	(1,473)	(1,475)
Translation	(1)	2
Property, plant and equipment	(1,474)	(1,473)	(1,475)
Other non-mining assets
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	390
Property, plant and equipment	416	390
Other non-mining assets | Cost
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	821	703
Fully depreciated assets no longer in use derecognised	0	(49)
Additions	74	34
Translation	0	(2)
Property, plant and equipment	895	821	703
Other non-mining assets | Cost | Mponeng operations and related assets
Reconciliation of changes in property, plant and equipment
Acquisitions through business combinations, property, plant and equipment	0	135
Other non-mining assets | Accumulated depreciation and impairments
Reconciliation of changes in property, plant and equipment
Balance at beginning of year	(431)	(429)
Fully depreciated assets no longer in use derecognised	0	49
Impairment	(1)	0
Depreciation	(47)	(52)
Translation	0	1
Property, plant and equipment	(479)	(431)	R (429)
Hidden Valley | Mining assets | Cost
Reconciliation of changes in property, plant and equipment
Depreciation capitalised	R 137	R 159

Property, Plant and Equipment_7

Property, Plant and Equipment - Other non-mining assets (Narrative) (Details)	12 Months Ended
	Jun. 30, 2022
Vehicles
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation rate, property, plant and equipment	20%
Computer equipment
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation rate, property, plant and equipment	33.30%
Furniture and equipment
Disclosure of detailed information about property, plant and equipment [line items]
Depreciation rate, property, plant and equipment	16.67%

Property, Plant and Equipment M

Property, Plant and Equipment Mining Assets Under Construction (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of detailed information about property, plant and equipment [line items]
Additions	R 6,192	R 5,103	R 3,553
Gross | Mining assets under construction
Disclosure of detailed information about property, plant and equipment [line items]
Additions	1,278	924
Tshepong Operations | Gross | Mining assets under construction
Disclosure of detailed information about property, plant and equipment [line items]
Additions	170	91
Moab Khotsong Zaaiplaats | Gross | Mining assets under construction
Disclosure of detailed information about property, plant and equipment [line items]
Additions	184	27
Moab Khotsong Great Noligwa | Gross | Mining assets under construction
Disclosure of detailed information about property, plant and equipment [line items]
Additions	192	159
Wafi-Golpu Joint Operation
Disclosure of detailed information about property, plant and equipment [line items]
Exploration Expenditure Expensed	R 58	R 51

Intangible Assets - Schedule of

Intangible Assets - Schedule of Intangible Assets (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of detailed information about intangible assets [line items]
Goodwill	R 0	R 333
Technology-based assets	48	32
Intangible assets and goodwill	R 48	R 365
Computer software
Disclosure of detailed information about intangible assets [line items]
Amortisation rate (as a percent)	20%

Intangible Assets - Schedule _2

Intangible Assets - Schedule of Changes in Goodwill (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of changes in intangible assets and goodwill
Balance at beginning of year	R 365
Balance at end of year	48	R 365
Goodwill	0	333
Goodwill
Reconciliation of changes in intangible assets and goodwill
Goodwill	0	333
Goodwill | Cost
Reconciliation of changes in intangible assets and goodwill
Goodwill	2,675	2,675
Goodwill | Accumulated amortisation and impairments
Reconciliation of changes in intangible assets and goodwill
Impairment	(333)	(187)
Goodwill	(2,675)	(2,342)	R (2,155)
Bambanani1 | Goodwill
Reconciliation of changes in intangible assets and goodwill
Goodwill	0	31
Moab Khotsong | Goodwill
Reconciliation of changes in intangible assets and goodwill
Goodwill	R 0	R 302

Restricted Cash and Investmen_3

Restricted Cash and Investments (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Restricted Cash and Investments [Abstract]
Restricted cash	R 319	R 216
Restricted investments	5,263	5,083
Restricted cash and investments	5,582	5,299
Restricted cash and investments	27	67
Restricted cash and investments	R 5,555	R 5,232

Restricted Cash (Details)

Restricted Cash (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Restricted Cash and Investments [Abstract]
Non-current restricted cash and cash equivalents	R 292	R 149
Restricted cash and investments	27	67
Restricted cash	319	216
Current Restricted Cash [line items]
Restricted cash and investments	27	67
Restricted cash	319	216
Environmental Guarantees And Rehabilitation
Restricted Cash and Investments [Abstract]
Restricted cash	152	161
Current Restricted Cash [line items]
Restricted cash	152	161
Silicosis Settlement
Restricted Cash and Investments [Abstract]
Restricted cash	116	0
Current Restricted Cash [line items]
Restricted cash	116	0
PNG Operations
Restricted Cash and Investments [Abstract]
Restricted cash	29	33
Current Restricted Cash [line items]
Restricted cash	29	33
Other Restricted Cash
Restricted Cash and Investments [Abstract]
Restricted cash	22	22
Current Restricted Cash [line items]
Restricted cash	R 22	R 22

Restricted Investments - Disclo

Restricted Investments - Disclosure of Restricted Investments (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of financial assets [line items]
Restricted investments	R 5,263	R 5,083
Total environmental trust funds
Disclosure of financial assets [line items]
Restricted investments	5,244	5,064	R 3,513
Investments held by social trust funds
Disclosure of financial assets [line items]
Restricted investments	R 19	R 19

Restricted Investments - Disc_2

Restricted Investments - Disclosure of Environmental Trust Funds (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of financial assets [line items]
Restricted investments	R 5,263	R 5,083
Fixed deposits
Disclosure of financial assets [line items]
Restricted investments	3,056	3,091
Cash and cash equivalents
Disclosure of financial assets [line items]
Restricted investments	528	124
Equity-linked deposits
Disclosure of financial assets [line items]
Restricted investments	1,094	1,325
Government bonds
Disclosure of financial assets [line items]
Restricted investments	225	225
Equity investments
Disclosure of financial assets [line items]
Restricted investments	292	252
Collective investment scheme (unit trusts)
Disclosure of financial assets [line items]
Restricted investments	49	47
Total environmental trust funds
Disclosure of financial assets [line items]
Restricted investments	R 5,244	R 5,064	R 3,513

Restricted Investments - Reconc

Restricted Investments - Reconciliation of Movement in Investments Held by Environmental Trust Funds (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of financial assets [line items]
Restricted investments	R 5,263	R 5,083
Fair value gain through profit and loss	52	43	R 118
Total environmental trust funds
Disclosure of financial assets [line items]
Restricted investments	5,244	5,064	3,513
Acquisitions Through Business Combinations, Restricted Investments	0	1,268
Interest income	185	174	R 163
Fair value gain through profit and loss	18	116
Dividend received	14	5
Gains (losses) on financial assets measured at fair value through other comprehensive income, net of tax	15	22
Equity-linked deposits acquired/(matured)	(260)	400
(Maturity)/acquisition of fixed deposits	(21)	(428)
Net transfer of cash and cash equivalents	281	28
Withdrawal of funds for rehabilitation work performed	(52)	(34)
Collective investment scheme (unit trusts)
Disclosure of financial assets [line items]
Restricted investments	R 49	R 47

Other Non-Current Assets - Sche

Other Non-Current Assets - Schedule of Other Non-Current Assets (Details) - ZAR (R) R in Millions		12 Months Ended
	Aug. 05, 2020	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2016
Disclosure of financial assets [line items]
Debt instruments		R 163	R 193
Loans to associates		116	116
Other loans		15	16
Equity instruments		75	74
Non-current inventories		136	65
Gold in lock-up (a)		136	65
Total other non-current assets		374	332
Day 1 Expense		0	(87)	R 0
Dividend income1		R 24	23	0
Subordinated And Unsecured Loan To ARM BBEE Trust | JIBAR
Disclosure of financial assets [line items]
Interest rate margin (as a percent)		4.25%
ARM BBEE Trust
Disclosure of financial assets [line items]
Non-current financial assets at fair value through profit or loss		R 148	177	R 306
Non-current loans and receivables					R 200
Settlement of original loan		0	264
Refinanced loan advanced		0	264
Day 1 Expense		R 0	87
ARM
Disclosure of financial assets [line items]
Ownership interest (as a percent)		12.12%
Pamodzi
Disclosure of financial assets [line items]
Loans to associates		R 116	116
Rand Mutual Assurance
Disclosure of financial assets [line items]
Equity instruments		67	65
Dividend income1	R 8	10	18
Other investments
Disclosure of financial assets [line items]
Equity instruments		8	9
Debt instrument
Disclosure of financial assets [line items]
Loss allowance		R (116)	R (116)

Other Non-Current Assets - Disc

Other Non-Current Assets - Disclosure of movement in ARM BBEE Trust Loan (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of financial assets [line items]
Day 1 Expense	R 0	R 87	R 0
ARM BBEE Trust
Disclosure of financial assets [line items]
Balance at beginning of year	177	306
Gains (losses) on financial assets measured at fair value through other comprehensive income, net of tax	36	10
Repayment of interest	0	52
Repayments Of Loans	65	0
Settlement of original loan	0	264
Refinanced loan advanced	0	264
Day 1 Expense	0	(87)
Balance at end of year	R 148	R 177	R 306

Derivative Financial Instrume_3

Derivative Financial Instruments - Disclosure of Derivative Financial Assets and Liabilities (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) oz	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R)	Apr. 01, 2020 oz
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets	R 656	R 1,799
Non-current	137	328
Current	519	1,471
Derivative financial liabilities	(11)	(212)
Non-current	(3)	(6)
Current	(8)	(206)
Net derivative financial instruments	645	1,587
Unrealised gains/(losses) included in other reserves	480	1,051	R (3,395)
Realised gains/(losses) included in revenue	497	(2,296)	(1,397)
Unrealised gains/(losses) on gold contracts recognised in other comprehensive income	(242)	2,992	(5,211)
Gains/(losses) on derivatives	98	1,072	(1,403)
discontinuance of hedge accounting			(235)
Day one loss amortisation	(45)	(50)	(40)
Total gains/(losses) on derivatives	53	1,022	(1,678)
Hedge effectiveness
Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness	(242)	2,992
Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness	242	(2,992)
Rand Gold Hedging Contracts
Disclosure of detailed information about hedging instruments [line items]
Unrealised gains/(losses) included in other reserves	441	1,069
US$ Gold Hedging Contracts
Disclosure of detailed information about hedging instruments [line items]
Unrealised gains/(losses) included in other reserves	39	(18)
Rand Gold Hedging Contracts
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets	523	1,358
Non-current	113	279
Current	410	1,079
Derivative financial liabilities	0	(41)
Non-current	0	0
Current	0	(41)
Net derivative financial instruments	523	1,317
Unrealised gains/(losses) included in other reserves		1,069
Realised gains/(losses) included in revenue	602	(2,023)	(1,263)
Unrealised gains/(losses) on gold contracts recognised in other comprehensive income	(292)	2,999	(4,820)
Gains/(losses) on derivatives	0	0	0
discontinuance of hedge accounting			(235)
Day one loss amortisation	(39)	(42)	(34)
Total gains/(losses) on derivatives	(39)	(42)	(269)
Hedge effectiveness
Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness	(292)	2,999
Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness	292	(2,999)
US$ Gold Hedging Contracts
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets	44	48
Non-current	18	40
Current	26	8
Derivative financial liabilities	(11)	(73)
Non-current	(3)	0
Current	(8)	(73)
Net derivative financial instruments	33	(25)
Unrealised gains/(losses) included in other reserves		(18)
Realised gains/(losses) included in revenue	(105)	(273)	(134)
Unrealised gains/(losses) on gold contracts recognised in other comprehensive income	50	(7)	(391)
Gains/(losses) on derivatives	0	0	0
discontinuance of hedge accounting			0
Day one loss amortisation	(6)	(8)	(6)
Total gains/(losses) on derivatives	(6)	(8)	(6)
Hedge effectiveness
Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness	50	(7)
Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness	(50)	7
US$ silver contracts
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets	77	10
Non-current	6	9
Current	71	1
Derivative financial liabilities	0	(98)
Non-current	0	(6)
Current	0	(92)
Net derivative financial instruments	77	(88)
Unrealised gains/(losses) included in other reserves	0	0
Realised gains/(losses) included in revenue	0	0	0
Unrealised gains/(losses) on gold contracts recognised in other comprehensive income	0	0	0
Gains/(losses) on derivatives	114	(256)	6
discontinuance of hedge accounting			0
Day one loss amortisation	0	0	0
Total gains/(losses) on derivatives	114	(256)	6
Hedge effectiveness
Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness	0	0
Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness	0	0
Foreign exchange hedging contracts
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets	12	383
Non-current	0	0
Current	12	383
Derivative financial liabilities	0	0
Non-current	0	0
Current	0	0
Net derivative financial instruments	12	383
Unrealised gains/(losses) included in other reserves	0	0
Realised gains/(losses) included in revenue	0	0	0
Unrealised gains/(losses) on gold contracts recognised in other comprehensive income	0	0	0
Gains/(losses) on derivatives	(16)	1,217	(1,235)
discontinuance of hedge accounting			0
Day one loss amortisation	0	0	0
Total gains/(losses) on derivatives	(16)	1,217	(1,235)
Hedge effectiveness
Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness	0	0
Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness	R 0	0
R/gold
Disclosure of detailed information about hedging instruments [line items]
Derivative financial assets		0
Non-current		0
Current		0
Derivative financial liabilities		0
Non-current		0
Current		0
Net derivative financial instruments		0
Unrealised gains/(losses) included in other reserves		0
Realised gains/(losses) included in revenue		0	0
Unrealised gains/(losses) on gold contracts recognised in other comprehensive income		0	0
Gains/(losses) on derivatives		111	(174)
discontinuance of hedge accounting			0
Day one loss amortisation		0	0
Total gains/(losses) on derivatives		111	(174)
Hedge effectiveness
Changes in the fair value of the hedging instrument used as the basis for recognising hedge ineffectiveness		0
Changes in the fair value of the hedged item used as the basis for recognising hedge ineffectiveness		R 0
Restructured hedge [Member] | Rand Gold Hedging Contracts
Disclosure of detailed information about hedging instruments [line items]
discontinuance of hedge accounting			187
Designated as hedging instrument | R/gold
Hedge effectiveness
Hedge ratio	1	1
Cash Flow Hedge No Longer Probable [Member] | Rand Gold Hedging Contracts
Disclosure of detailed information about hedging instruments [line items]
discontinuance of hedge accounting			R 48
Cash Flow Hedge No Longer Probable [Member]
Hedge effectiveness
Nominal amount of hedging instrument (oz) | oz				30,500
Cash flow hedges
Hedge effectiveness
Nominal amount of hedging instrument (oz) | oz				63,400
Cash flow hedges | Rand Gold Hedging Contracts
Hedge effectiveness
Nominal amount of hedging instrument (oz) | oz	378,000
Cash flow hedges | US$ Gold Hedging Contracts
Hedge effectiveness
Nominal amount of hedging instrument (oz) | oz	57,000

Derivative Financial Instrume_4

Derivative Financial Instruments - Disclosure of Open Position at the Reporting Date (Details) R / kg in Thousands, $ in Millions	Jun. 30, 2022 USD ($) $ / oz R / kg R / $ oz	Apr. 01, 2020 oz
Cash flow hedges
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)		63,400
Rand Gold Hedging Contracts | Cash flow hedges
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	378,000
Rand Gold Hedging Contracts | Cash flow hedges | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	72,000
Rand Gold Hedging Contracts | Cash flow hedges | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	72,000
Rand Gold Hedging Contracts | Cash flow hedges | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	72,000
Rand Gold Hedging Contracts | Cash flow hedges | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	70,000
Rand Gold Hedging Contracts | Cash flow hedges | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	44,000
Rand Gold Hedging Contracts | Cash flow hedges | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	32,000
Rand Gold Hedging Contracts | Cash flow hedges | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	16,000
US$ Gold Hedging Contracts | Cash flow hedges
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	57,000
US$ Gold Hedging Contracts | Cash flow hedges | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	9,000
US$ Gold Hedging Contracts | Cash flow hedges | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	9,000
US$ Gold Hedging Contracts | Cash flow hedges | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	9,000
US$ Gold Hedging Contracts | Cash flow hedges | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	9,000
US$ Gold Hedging Contracts | Cash flow hedges | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	9,000
US$ Gold Hedging Contracts | Cash flow hedges | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	8,000
US$ Gold Hedging Contracts | Cash flow hedges | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Nominal amount of hedging instrument (oz)	4,000
Zero cost collars
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 60
Zero cost collars | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	15.98
Zero cost collars | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	17.98
Zero cost collars | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 42
Zero cost collars | FY23 Q1 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	15.90
Zero cost collars | FY23 Q1 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	17.90
Zero cost collars | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 18
Zero cost collars | FY23 Q2 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	16.18
Zero cost collars | FY23 Q2 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	18.18
Zero cost collars | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Zero cost collars | FY23 Q3 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY23 Q3 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Zero cost collars | FY23 Q4 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY23 Q4 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Zero cost collars | FY24 Q1 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY24 Q1 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Zero cost collars | FY24 Q2 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY24 Q2 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Zero cost collars | FY24 Q3 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Zero cost collars | FY24 Q3 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | R / $	0
Forward contracts
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 6
Price of derivative instrument at fair value through profit and loss | R / $	16.84
Forward contracts | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 6
Price of derivative instrument at fair value through profit and loss | R / $	16.84
Forward contracts | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Price of derivative instrument at fair value through profit and loss | R / $	0
Forward contracts | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Price of derivative instrument at fair value through profit and loss | R / $	0
Forward contracts | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Price of derivative instrument at fair value through profit and loss | R / $	0
Forward contracts | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Price of derivative instrument at fair value through profit and loss | R / $	0
Forward contracts | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Price of derivative instrument at fair value through profit and loss | R / $	0
Forward contracts | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, notional amount | $	$ 0
Price of derivative instrument at fair value through profit and loss | R / $	0
Rand Gold Hedging Contracts
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,035
Rand Gold Hedging Contracts | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,033
Rand Gold Hedging Contracts | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	999
Rand Gold Hedging Contracts | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,019
Rand Gold Hedging Contracts | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,039
Rand Gold Hedging Contracts | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,061
Rand Gold Hedging Contracts | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,082
Rand Gold Hedging Contracts | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | R / kg	1,107
US$ Gold Hedging Contracts
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,880
US$ Gold Hedging Contracts | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,911
US$ Gold Hedging Contracts | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,867
US$ Gold Hedging Contracts | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,826
US$ Gold Hedging Contracts | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,836
US$ Gold Hedging Contracts | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,860
US$ Gold Hedging Contracts | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	1,926
US$ Gold Hedging Contracts | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Price of hedging instrument | $ / oz	2,009
Total Gold
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	435,000
Total Gold | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	81,000
Total Gold | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	81,000
Total Gold | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	81,000
Total Gold | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	79,000
Total Gold | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	53,000
Total Gold | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	40,000
Total Gold | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	20,000
US$/silver
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	950,000
US$/silver | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.31
US$/silver | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	28.27
US$/silver | FY23 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	285,000
US$/silver | FY23 Q1 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	24.39
US$/silver | FY23 Q1 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	27.02
US$/silver | FY23 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	270,000
US$/silver | FY23 Q2 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.97
US$/silver | FY23 Q2 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	29
US$/silver | FY23 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	210,000
US$/silver | FY23 Q3 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.62
US$/silver | FY23 Q3 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	28.81
US$/silver | FY23 Q4
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	105,000
US$/silver | FY23 Q4 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.49
US$/silver | FY23 Q4 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	28.58
US$/silver | FY24 Q1
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	30,000
US$/silver | FY24 Q1 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.14
US$/silver | FY24 Q1 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	28.14
US$/silver | FY24 Q2
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	30,000
US$/silver | FY24 Q2 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.41
US$/silver | FY24 Q2 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	28.41
US$/silver | FY24 Q3
Disclosure of detailed information about financial instruments [line items]
Derivative, Nonmonetary Notional Amount	20,000
US$/silver | FY24 Q3 | Floor
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	25.68
US$/silver | FY24 Q3 | Cap
Disclosure of detailed information about financial instruments [line items]
Price of derivative instrument at fair value through profit and loss | $ / oz	28.68

Trade and Other Receivables - D

Trade and Other Receivables - Disclosure of Trade and Other Receivables (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Financial assets
Trade receivables	R 710	R 851
Interest and other receivables	213	111
Employee receivables	15	17
Non-financial assets
Prepayments	160	131
Value added tax and general sales tax	545	505
Income and mining taxes	39	37
Total trade and other receivables	1,682	1,652
Trade receivables (metals) | Gross
Financial assets
Trade receivables	571	738
Other trade receivables | Gross
Financial assets
Trade receivables	343	292
Trade receivables [member]
Non-financial assets
Loss allowance	R (204)	R (179)	R (135)

Trade and Other Receivables -_2

Trade and Other Receivables - Disclosure of Movement in the Loss Allowance for Trade and Other Receivables (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of changes in allowance account for credit losses of financial assets
Increase in loss allowance recognised during the year	R 22	R 47	R 63
Trade and other receivables
Reconciliation of changes in allowance account for credit losses of financial assets
Balance at beginning of year	179	135
Increase in loss allowance recognised during the year	80	64
Reversal of loss allowance during the year	(55)	(20)
Balance at end of year	204	179	R 135
Mining Company | Trade and other receivables
Reconciliation of changes in allowance account for credit losses of financial assets
Increase in loss allowance recognised during the year	R 67	R 80

Trade and Other Receivables -_3

Trade and Other Receivables - Disclosure of Ageing of Loss Allowance for Trade and Other Receivables (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of financial assets that are either past due or impaired [line items]
Collateral pledged or held for receivables	R 0	R 0
Trade and other receivables | Gross
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	914	1,030
Trade and other receivables | Gross | Past due by 1 to 30 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26	26
Trade and other receivables | Gross | Past due by 31 to 60 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	26	13
Trade and other receivables | Gross | Past due by 61 to 90 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	8	14
Trade and other receivables | Gross | Past due by more than 90 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	72	68
Trade and other receivables | Gross | Past due by more than 361 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	93	81
Trade and other receivables | Loss allowance
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(204)	(179)
Trade and other receivables | Loss allowance | Past due by 1 to 30 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(11)	(9)
Trade and other receivables | Loss allowance | Past due by 31 to 60 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(9)	(5)
Trade and other receivables | Loss allowance | Past due by 61 to 90 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(5)	(6)
Trade and other receivables | Loss allowance | Past due by more than 90 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(66)	(62)
Trade and other receivables | Loss allowance | Past due by more than 361 days
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	(93)	(71)
Financial assets individually assessed for credit losses [member] | Trade and other receivables | Gross | Not Past Due But Impaired [Member]
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	689	828
Financial assets individually assessed for credit losses [member] | Trade and other receivables | Loss allowance | Not Past Due But Impaired [Member]
Disclosure of financial assets that are either past due or impaired [line items]
Financial assets	R (20)	R (26)

Investments in Associates - Nar

Investments in Associates - Narrative (Details) - ZAR (R) R in Millions		12 Months Ended
	Feb. 27, 2008	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2015
Disclosure of associates [line items]
Investments in associates		R 125	R 126	R 146
Redemption of preference shares from associates		R 0	36	R 59
Pamodzi
Disclosure of associates [line items]
Ownership interest (as a percent)	32.40%
Investments in associates	R 345
Rand Refinery
Disclosure of associates [line items]
Ownership interest (as a percent)		10.38%
Receivables due from associates					R 120
Redemption of preference shares from associates		R 0	R 36

Investments in Associates - Mov

Investments in Associates - Movement In Investments In Associate (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of associates [line items]
Balance at beginning of year	R 126	R 146
Redemption of preference shares from associates	0	(36)	R (59)
Balance at end of year	125	126	R 146
Rand Refinery
Disclosure of associates [line items]
Redemption of preference shares from associates	0	(36)
Dividend income1	64	67
Share of profit in associate	R 63	R 83

Investment in Joint Operations

Investment in Joint Operations (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of joint operations [line items]
Property, plant and equipment	R 32,872	R 33,597
Impairment of assets			R 0
Wafi-Golpu Joint Operation
Disclosure of joint operations [line items]
Proportion of ownership interest in joint operation (as a percent)	50%
Property, plant and equipment	R 2,700	2,400
Impairment of assets	R 0	R 0
Newcrest Mining Limited | Wafi-Golpu Joint Operation
Disclosure of joint operations [line items]
Proportion of ownership interest in joint operation (as a percent)	50%
PG State [Member]
Disclosure of joint operations [line items]
Potential Percentage of equity interests	30%

Inventories (Details)

Inventories (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of products and services [line items]
Gold in lock-up (a)	R 136	R 65
Gold In-process Ore Stockpiles And Bullion On Hand	1,054	1,039
Consumables at weighted average cost (net of provision)	1,764	1,503
Total inventories	2,954	2,607
Non-current portion of gold in lock-up and gold-in-process included in Other non-current assets	(136)	(65)
Total current portion of inventories	2,818	2,542
Inventory valued at net realisable value	136	65
Write-downs (reversals of write-downs) of inventories	(115)	(39)
Provision for slow moving and redundant stock	R 407	R 292

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Inventories [Abstract]
Increase (decrease) in provisions for slow-moving and redundant stock	R 115	R 39
Provision for slow moving and redundant stock	R 407	R 292

Share Capital - Narrative (Deta

Share Capital - Narrative (Details) R in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2022 shares	Jun. 30, 2021 ZAR (R) shares	Sep. 30, 2020 ZAR (R)	Sep. 30, 2020 USD ($)
Disclosure of classes of share capital [line items]
Share issue related cost | R		R 3
Shares issued relating to exercise of share options (in shares)	473,505	12,909,491
Ordinary shares
Disclosure of classes of share capital [line items]
Number of shares authorised (in shares)	1,200,000,000	1,200,000,000
Number of shares issued and fully paid (in shares)	616,525,702	616,052,197
Convertible preference shares
Disclosure of classes of share capital [line items]
Number of shares authorised (in shares)	4,400,000	4,400,000
Number of shares issued and fully paid (in shares)	4,400,000	4,400,000
Harmony ESOP Trust | Share trust controlled by entity | Ordinary shares
Disclosure of classes of share capital [line items]
Number of shares in entity held by entity or by its subsidiaries or associates (in shares)	0	5,894,081
Harmony Gold Community Trust | Share trust controlled by entity | Convertible preference shares
Disclosure of classes of share capital [line items]
Number of shares in entity held by entity or by its subsidiaries or associates (in shares)	4,400,000	4,400,000
Mponeng operations and related assets
Disclosure of classes of share capital [line items]
Cash consideration paid			R 3,400	$ 200

Share Capital - Treasury shares

Share Capital - Treasury shares (Details) - shares	Jun. 30, 2022	Jun. 30, 2021
Lydenburg Exploration Limited | Ordinary shares | Subsidiaries
Disclosure of classes of share capital [line items]
Number of shares in entity held by entity or by its subsidiaries or associates (in shares)	335	335
Kalgold Share Trust | Ordinary shares | Share trust controlled by entity
Disclosure of classes of share capital [line items]
Number of shares in entity held by entity or by its subsidiaries or associates (in shares)	47,046	47,046
Harmony ESOP Trust | Ordinary shares | Share trust controlled by entity
Disclosure of classes of share capital [line items]
Number of shares in entity held by entity or by its subsidiaries or associates (in shares)	0	5,894,081
Harmony Gold Community Trust | Convertible preference shares | Share trust controlled by entity
Disclosure of classes of share capital [line items]
Number of shares in entity held by entity or by its subsidiaries or associates (in shares)	4,400,000	4,400,000

Other Reserves - Disclosure of

Other Reserves - Disclosure of Other Reserves (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of reserves within equity [abstract]
Foreign exchange translation reserve	R 3,097	R 2,355
Hedge reserve	480	1,051	R (3,395)
Share-based payments	3,249	3,106	R 2,950
Post-retirement benefit actuarial gain/(loss)	(5)	(18)
Acquisition of non-controlling interest in subsidiary	(381)	(381)
Equity component of convertible bond	277	277
Repurchase of equity interest	(98)	(98)
Equity instruments designated at fair value through other comprehensive income	153	135
Other	(28)	(28)
Total other reserves	R 6,744	R 6,399

Other Reserves - Reconciliation

Other Reserves - Reconciliation of the Hedge Reserve (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Changes In hedge reserve
Balance at beginning of year	R 1,051	R (3,395)
Remeasurement of gold hedging contracts	(571)	4,467
Unrealised gain/(loss) on gold hedging contracts	(242)	2,992
Released to revenue on maturity of the gold hedging contracts	(497)	2,296
Foreign exchange translation	(2)	(39)
Deferred tax thereon	170	(782)
Attributable to non-controlling interest	0	(21)
Balance at end of year	480	1,051
Rand Gold Hedging Contracts
Changes In hedge reserve
Balance at beginning of year	1,069
Balance at end of year	441	1,069
US$ Gold Hedging Contracts
Changes In hedge reserve
Balance at beginning of year	(18)
Balance at end of year	R 39	R (18)

Other Reserves - Reconciliati_2

Other Reserves - Reconciliation of Share Based Payment Reserve (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation Of The Share-Based Payments Reserve
Balance at beginning of year	R 3,106	R 2,950
Share-based payments expensed	143	156	R 186
Balance at end of year	R 3,249	R 3,106	R 2,950

Other Reserves - Narrative (Det

Other Reserves - Narrative (Details) - ZAR (R) R in Millions			12 Months Ended
	Mar. 19, 2010	Mar. 15, 2004	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of reserves within equity [line items]
Purchase price			R 0	R 5	R 0
Reserve for equity instruments designated at fair value through other comprehensive income			153	135
Abelle Limited
Disclosure of reserves within equity [line items]
Purchase price		R 579
Doornkop South Reef | AVRD
Disclosure of reserves within equity [line items]
Share of mining titles acquired (as a percent)	26%
Shares issued in exchange for interest in mining titles (in shares)	2,162,359
Difference between the value of shares issued	R 152
Rand Mutual Assurance
Disclosure of reserves within equity [line items]
Reserve for equity instruments designated at fair value through other comprehensive income			R 112	R 110

Provision for Environmental R_3

Provision for Environmental Rehabilitation - Disclosure of Rates Used in the Calculated of the Provision (Details) - Provision for environmental rehabilitation	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
South African operations | Later than three years [member]
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Inflation rate	5.50%	5.25%	5%
South African operations | – 12 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Inflation rate	6.55%	5.11%	4.50%
Discount rates	5.50%	4.90%	3.90%
South African operations | – one to five years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Discount rates	8.30%	7.30%	5.55%
South African operations | – six to nine years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Discount rates	9.90%	9%	8.20%
South African operations | – ten years or more
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Discount rates	10.90%	10.30%	10.95%
South African operations | Between one to two years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Inflation rate	5.20%	4.99%	4.50%
PNG operations
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Inflation rate	5.33%	4.45%	6.28%
Discount rates	8.45%	6.20%	5.50%

Provision for Environmental R_4

Provision for Environmental Rehabilitation - Reconciliation of the Total Liability for Environmental Rehabilitation (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Reconciliation of changes in other provisions
Balance at beginning of year	R 1,101
Balance at end of year	1,071	R 1,101
Provision for environmental rehabilitation
Reconciliation of changes in other provisions
Balance at beginning of year	4,662	3,408
Change in estimate - Balance sheet	(248)	(774)
Change in estimate - Income Statement	136	135
Utilisation of provision	(65)	(15)
Time value of money and inflation component of rehabilitation costs	377	296
Transfer	0	1,856
Translation	151	(244)
Balance at end of year	5,013	4,662
Provision for environmental rehabilitation | PNG operations
Reconciliation of changes in other provisions
Balance at beginning of year	1,084
Balance at end of year	R 1,185	R 1,084

Provision for Environmental R_5

Provision for Environmental Rehabilitation - Disclosure of Future Net Undiscounted Obligation (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of financial assets [line items]
Ultimate estimated rehabilitation cost	R 7,126	R 6,959
Amounts invested in environmental trust funds	(5,263)	(5,083)
Total future net undiscounted obligation	1,882	1,895
Total environmental trust funds
Disclosure of financial assets [line items]
Amounts invested in environmental trust funds	R (5,244)	R (5,064)	R (3,513)

Other provisions (Details)

Other provisions (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of other provisions [line items]
Provision for silicosis settlement	R 820	R 854	R 892
Retirement benefit obligation	251	247	R 193
Total Other Provisions	1,071	1,101
Current Other Provisions	139	175
Non-current Other Provisions	932	926
Present value of defined benefit obligation
Disclosure of other provisions [line items]
Retirement benefit obligation	R 251	R 247

Other Provisions - Provision fo

Other Provisions - Provision for Silicosis Settlement - Narative (Details) - Provision raised for settlement - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of other provisions [line items]
Discount rates	6.50%	6.20%	7.60%
Provisions, Nominal Amount	R 993

Other Provisions - Provision _2

Other Provisions - Provision for Silicosis Settlement - Reconciliation of the Total Provision for Silicosis Settlement (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of other provisions [line items]
Legal proceedings provision beginning	R 854	R 892
legal settlement payment to trust	(109)	(170)
Legal proceedings provision closing	820	854
Other provisions	139	175
Non-current portion of silicosis provision	681	679
Provision raised for settlement
Disclosure of other provisions [line items]
Change in estimate	23	80
Time value of money and inflation component of rehabilitation costs	R 52	R 52

Other Provisions - Provision _3

Other Provisions - Provision for Silicosis Settlement - Disclosure of the Impact of a Reasonable Change in Certain Key Assumptions (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Change in benefit take-up rate
Disclosure of other provisions [line items]
Increase in assumption (as a percent)	10%	10%
Decrease in assumption (as a percent)	10%	10%
Change in labour number
Disclosure of other provisions [line items]
Increase in assumption (as a percent)	10%	10%
Decrease in assumption (as a percent)	10%	10%
Change in disease risk
Disclosure of other provisions [line items]
Increase in assumption (as a percent)	10%	10%
Decrease in assumption (as a percent)	10%	10%
Change in disease progression rates
Disclosure of other provisions [line items]
Increase in assumption (as a percent)	10%	10%
Decrease in assumption (as a percent)	10%	10%
Change in benefit take-up rate
Disclosure of other provisions [line items]
Effect of an increase in the assumption	R 91	R 85
Effect of a decrease in the assumption	(91)	(85)
Change in silicosis prevalence
Disclosure of other provisions [line items]
Effect of an increase in the assumption	91	85
Effect of a decrease in the assumption	(91)	(85)
Change in disease progression rates
Disclosure of other provisions [line items]
Effect of an increase in the assumption	49	42
Effect of a decrease in the assumption	R (49)	R (42)

Other Provisions - Retirement B

Other Provisions - Retirement Benefit Obligation - Narrative (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Employee Benefits [Abstract]
Discount rate	12.30%	11.20%	11.20%
Increases in employer subsidies (as a percent)	0%
Actuarial assumption of retirement age	60 years	60 years	60 years
Medical inflation rate	9%	8.50%	8.50%
Retirement benefit costs	R 1,125	R 929
Subsidy for every completed year of employment (as a percent)	2%
Maximum subsidy to be paid (as a percent)	50%
Expected employed members that will be married at retirement or earlier death (as a percent)	90%
Expected age gap between husbands and their younger wives (term)	4 years
Expected contributions to the benefit plan in 2022	R 14
Weighted average duration of the defined benefit obligation	11 years

Other Provisions - Retirement_2

Other Provisions - Retirement Benefit Obligation - Disclosure of Unfunded Obligations (Details) - ZAR (R) R in Millions		12 Months Ended
	Oct. 01, 2020	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of defined benefit plans [line items]
Retirement benefit obligation		R 251	R 247	R 193
Mponeng operations and related assets
Disclosure of defined benefit plans [line items]
Increase (decrease) in net defined benefit liability (asset)	R 27	0
Present value of defined benefit obligation
Disclosure of defined benefit plans [line items]
Retirement benefit obligation		251	247
Contributions paid		(13)	(12)
Other expenses included in staff costs/current service cost		4	1
Finance costs		27	22
Decrease (increase) in net defined benefit liability (asset) resulting from actuarial gains (losses) arising from changes in financial assumptions		(14)	16
Current employees
Disclosure of defined benefit plans [line items]
Retirement benefit obligation		99	99
Retired employees
Disclosure of defined benefit plans [line items]
Retirement benefit obligation		R 152	R 148

Other Provisions - Retirement_3

Other Provisions - Retirement Benefit Obligation - Disclosure of Net Liability of Defined Benefit Plan (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of defined benefit plans [line items]
Retirement benefit obligation	R 251	R 247	R 193
Present value of defined benefit obligation
Disclosure of defined benefit plans [line items]
Retirement benefit obligation	251	247
Fair value of plan assets
Disclosure of defined benefit plans [line items]
Retirement benefit obligation	R 0	R 0

Leases Disclosure of Informatio

Leases Disclosure of Information about Right of Use Assets (Details) - ZAR (R) R in Millions		12 Months Ended
	Oct. 01, 2020	Jun. 30, 2022	Jun. 30, 2021
Presentation of leases for lessee [abstract]
Right-of-use assets		R 262	R 151
Additions to right-of-use assets		353	174
Lease modifications		(2)	35
Depreciation, right-of-use assets		(166)	(80)
Termination of lease asset		0	(1)
Increase / (Decrease) Through Net Exchange Differences - Right of use Assets		33	(28)
Right-of-use assets		480	262
Disclosure of quantitative information about right-of-use assets [line items]
Additions to right-of-use assets		353	174
Increase / (Decrease) Through Net Exchange Differences - Right of use Assets		33	(28)
Termination of lease asset		0	(1)
Depreciation, right-of-use assets		166	80
Lease modifications		(2)	R 35
Mponeng operations and related assets
Presentation of leases for lessee [abstract]
Additions to right-of-use assets	R 11	0
Disclosure of quantitative information about right-of-use assets [line items]
Additions to right-of-use assets	R 11	R 0

Leases Disclosure of Current an

Leases Disclosure of Current and Non-Current Lease Liabilities (Details) - ZAR (R) R in Millions		12 Months Ended
	Oct. 01, 2020	Jun. 30, 2022	Jun. 30, 2021
Presentation of leases for lessee [abstract]
Lease liabilities		R 261	R 141
Acquisition of Mponeng operations and related assets	R 40	0
increase in lease liabilities		315	135
Lease modifications		(2)	35
Interest expense on lease liabilities		19	13
Cash outflow for leases		(177)	(80)
Termination of lease liability		0	(1)
Increase (Decrease) Through Net Exchange Differences - Lease Liabilities		26	(22)
Lease liabilities		442	261
Current lease liabilities		197	107
Non-current lease liabilities		R 245	R 154

Leases Disclosure of Maturity A

Leases Disclosure of Maturity Analysis of Capitalised Leases (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure Of Maturity Analysis Of Finance Lease Payments [Line Items]
Gross lease liabilities	R 544	R 337
– 12 months
Disclosure Of Maturity Analysis Of Finance Lease Payments [Line Items]
Gross lease liabilities	206	112
– one to five years
Disclosure Of Maturity Analysis Of Finance Lease Payments [Line Items]
Gross lease liabilities	205	225
- Five years and more
Disclosure Of Maturity Analysis Of Finance Lease Payments [Line Items]
Gross lease liabilities	R 133	R 0

Leases Disclosure of amounts in

Leases Disclosure of amounts included in the Income Statements relating to leases (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Presentation of leases for lessee [abstract]
Depreciation, right-of-use assets	R 166	R 80
Interest expense on lease liabilities	19	13
Expense relating to short-term leases for which recognition exemption has been used	134	187
Expense relating to leases of low-value assets for which recognition exemption has been used	21	15
Expense relating to variable lease payments not included in measurement of lease liabilities	R 1,050	R 883
percentage of lease payments	76%

Leases Disclosure of lease paym

Leases Disclosure of lease payments (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of lease payments [Line Items]
Cash outflow for leases	R 177	R 80
Lease payments made for lease liabilities
Disclosure of lease payments [Line Items]
Cash outflow for leases	177	80
Short-term lease payments
Disclosure of lease payments [Line Items]
Cash outflow for leases	134	187
Lease payments of low value assets leased
Disclosure of lease payments [Line Items]
Cash outflow for leases	21	15
Variable lease payments
Disclosure of lease payments [Line Items]
Cash outflow for leases	1,050	883
Total cash outflows for leases
Disclosure of lease payments [Line Items]
Cash outflow for leases	R 1,382	R 1,165

Leases (Details)

Leases (Details)	12 Months Ended
	Jun. 30, 2022 ZAR (R)
Lease Liabilities Verbiage [Line Items]
Statement that lessee accounts for leases of low-value assets using recognition exemption	•The low value lease exemption – the group has elected to take the low value exemption
Maximum Amount Applied For Low Value Lease Exemption	R 50,000
Statement that lessee accounts for short-term leases using recognition exemption	•The short-term lease exemption – leases with a duration of less than a year will be expensed in the income statement on a straight-line basis

Contingent consideration narati

Contingent consideration narative (Details) - Mponeng operations and related assets - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Oct. 01, 2020
Disclosure of contingent consideration liabilities [line items]
Post-tax real discount rate	10.20%	10.30%	10.60%
Contingent consideration for below infrastructure production	R 0	R 0	R 0

Contingent consideration - Disc

Contingent consideration - Disclosure in the movement of the liability (Details) - ZAR (R) R in Millions	9 Months Ended	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Oct. 01, 2020
Disclosure of contingent consideration liabilities [line items]
Contingent consideration recognised as of acquisition date					R 544
Remeasurement of contingent consideration (c)	R (127)	R (61)	R (127)	R 0
Contingent consideration liability	417	356	417
Franco Nevada
Disclosure of contingent consideration liabilities [line items]
Contract liabilities	R 1,091	R 687	R 1,091		R 1,417
Mponeng operations and related assets
Disclosure of contingent consideration liabilities [line items]
Post-tax real discount rate	10.30%	10.20%	10.30%		10.60%
Mponeng operations and related assets | Franco Nevada
Disclosure of contingent consideration liabilities [line items]
Post-tax real discount rate					11.60%

Other Non-Current Liabilities_2

Other Non-Current Liabilities (Details) R in Millions	Jun. 30, 2022 ZAR (R) kg	Jun. 30, 2021 ZAR (R) kg
Disclosure of other provisions, contingent liabilities and contingent assets [Abstract]
Gold Reserves in Life of Mine Plan Sibanye Beatrix Royalty | kg	1,820	2,068
Sibanye Beatrix ground swap royalty1	R 18	R 19
Non-current lease liabilities	245	154
Provision for Harmony Education Benefit Fund	5	5
Total non-current liabilities	R 268	R 178

Streaming Arrangement (Details)

Streaming Arrangement (Details) R in Millions		3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 17, 2008 $ / Ounce	Dec. 16, 2020 $ / Ounce	Jun. 30, 2022 ZAR (R) $ / Ounce	Jun. 30, 2021 ZAR (R)	Jun. 30, 2022 ZAR (R)	Dec. 16, 2021 $ / Ounce	Oct. 01, 2020 ZAR (R)
Franco Nevada
Disclosure of streaming arrangement [Line Items]
Percent of production covered by streaming arrangement				25%	25%
Contract liabilities | R			R 687	R 1,091	R 687		R 1,417
Contract price receivable for each ounce of gold delivered		433	442			437
Franco Nevada | Cap
Disclosure of streaming arrangement [Line Items]
Contract price receivable for each ounce of gold delivered	400
Parent [member]
Disclosure of streaming arrangement [Line Items]
Cost of Debt							7.70%

Streaming Arrangement - Contrac

Streaming Arrangement - Contract liability and gold delivered (Details) R in Millions	3 Months Ended	6 Months Ended	9 Months Ended	12 Months Ended
	Dec. 16, 2020 $ / Ounce	Jun. 30, 2022 ZAR (R) $ / Ounce oz	Jun. 30, 2021 ZAR (R) oz	Jun. 30, 2022 ZAR (R) oz	Dec. 16, 2021 $ / Ounce	Jun. 30, 2021 ZAR (R) oz	Jun. 30, 2020 ZAR (R)	Oct. 01, 2020 oz
Disclosure of streaming arrangement [Line Items]
Streaming arrangements				R 67		R 71	R 0
Consideration from streaming contract				471		397	R 0
Current contract liabilities		R 309	R 396	309		396
Non-current contract liabilities		R 378	R 695	R 378		R 695
Franco Nevada
Disclosure of streaming arrangement [Line Items]
Balance of ounces to be delivered | oz		61,157	84,429	61,157		84,429		100,686
Gold ounces delivered | oz			(16,257)	(23,272)
Balance of ounces to be delivered | oz		61,157	84,429	61,157		84,429
Contract price receivable for each ounce of gold delivered | $ / Ounce	433	442			437
Contract liabilities at beginning of period				R 1,091
Streaming arrangements			R 71	67
Consideration from streaming contract			397	471
Contract liabilities at end of period		R 687	1,091	687		R 1,091
Current contract liabilities		309	396	309		396
Non-current contract liabilities		R 378	R 695	R 378		R 695

Borrowings - Disclosure of Faci

Borrowings - Disclosure of Facilities' Terms Schedule (Details) R in Millions, $ in Millions	1 Months Ended
	May 31, 2022	Jul. 31, 2020	Sep. 30, 2019 USD ($)	Nov. 30, 2018 ZAR (R)	Jul. 31, 2018 USD ($)	May 30, 2022 ZAR (R)	May 30, 2022 USD ($)
R2.5 Billion Facility - Sustainability Linked
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity | R						R 2,500
Term of facility	Three years
R2.5 Billion Facility - Sustainability Linked | JIBAR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)						2.40%	2.40%
US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity							$ 400
Term of facility	Three years
R1.5 billion facility - Green Term Loan
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity | R						R 1,500
Term of facility	Six years, six months
R1.5 billion facility - Green Term Loan | JIBAR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)						2.65%	2.65%
Westpac fleet loan
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity					$ 24
Term of facility					Four
Westpac fleet loan | LIBOR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)					3.20%
R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [line items]
Term of facility				Four years
Maximum borrowing capacity - Matured | R				R 2,000
US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [line items]
Term of facility			Three years
Maximum borrowing capacity - Matured			$ 400
Term loan | US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity							$ 100
Term loan | US$400 million facility - Sustainability Linked | SOFR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)						2.85%	2.85%
Term loan | R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity - Matured | R				R 600
Term loan | R2 Billion Facility (Secured Loan) (matured) | JIBAR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)				2.90%
Term loan | US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity - Matured			$ 200
Term loan | US$400 million facility secured loan (matured) | LIBOR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)			3.10%
Revolving credit facility | US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity							$ 300
Revolving credit facility | US$400 million facility - Sustainability Linked | SOFR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)						2.70%	2.70%
Revolving credit facility | R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity - Matured | R				R 1,400
Revolving credit facility | R2 Billion Facility (Secured Loan) (matured) | JIBAR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)				2.80%
Revolving credit facility | US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [line items]
Maximum borrowing capacity - Matured			$ 200
Revolving credit facility | US$400 million facility secured loan (matured) | LIBOR
Disclosure of detailed information about borrowings [line items]
Interest charge (as a percent)			2.90%
– 12 months | US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [line items]
Extension term of facility		1 year

Borrowings - Narrative (Details

Borrowings - Narrative (Details) R in Millions, $ in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) Ratio	Jun. 30, 2021 ZAR (R) Ratio	May 30, 2022 ZAR (R)	May 30, 2022 USD ($)	Sep. 30, 2019 USD ($)	Nov. 30, 2018 ZAR (R)
Disclosure of detailed information about borrowings [table]
Minimum interest cover ratio	5
Maximum leverage ratio	2.5
Borrowings, Restrictive Covenants, Minimum Interest Cover Ratio Actual | Ratio	43.4	42.8
Borrowings, Restrictive Covenants, Maximum Leverage Ratio Actual | Ratio	0.1	0.1
Borrowings, Restrictive Covenants, Minimum Tangible Net Worth To Total Net Debt Ratio Actual | Ratio		57.8
Payments for debt issue costs	R 172
R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity - Matured						R 2,000
US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity - Matured | $					$ 400
Payments for debt issue costs	0	R 11
R2.5 Billion Facility - Sustainability Linked
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity			R 2,500
Payments for debt issue costs	26	0
US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity | $				$ 400
Payments for debt issue costs	76	0
R1.5 billion facility - Green Term Loan
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity			R 1,500
Payments for debt issue costs	R 15	R 0
Term loan | R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity - Matured						600
Term loan | US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity - Matured | $					200
Term loan | US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity | $				100
Revolving credit facility | R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity - Matured						R 1,400
Revolving credit facility | US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity - Matured | $					$ 200
Revolving credit facility | US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [table]
Maximum borrowing capacity | $				$ 300

Borrowings - Sustainability lin

Borrowings - Sustainability linked KPIs (Details) - Rand RCF, US$ RCF, US$ Term Loan	12 Months Ended
	Jun. 30, 2025 Basis_points megaliter t	Jun. 30, 2024 Basis_points megaliter t	Jun. 30, 2023 Basis_points megaliter t
Disclosure of detailed information about borrowings [line items]
Key Performance Incentives - Greenhouse Emissions | t	4,074,000	4,279,000	4,485,000
Key Performance Indicators - Renewable Energy	20%	8%	2%
Key Performance Indicators - Water Consumption | megaliter	19,436	19,833	20,453
Key Performance Indicators - Greenhouse Percentage	3	2	1
Key Performance Indicators - Percentage Renewables	3	2	1
Key Performance Indicators - Water Percentage	3	2	1

Borrowings - Disclosure of Inte

Borrowings - Disclosure of Interest Bearing Borrowings (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Non-current borrowings
Balance at beginning of year	R 2,974
Issue cost	(172)
Translation	(411)	R 894	R (970)
Total non-current borrowings	3,180	2,974
Current borrowings
Current borrowings and current portion of non-current borrowings	387
Total current borrowings	25	387
Total interest-bearing borrowings	3,205	3,361
Undrawn committed borrowing facilities	7,254	4,254	1,336
R2 Billion Facility (Secured Loan) (matured)
Non-current borrowings
Balance at beginning of year	153	1,351
Repayments	(450)	(1,050)
Amortisation of issue costs	(3)	2
Transferred to current liabilities	300	(150)
Total non-current borrowings	0	153	1,351
Current borrowings
Current borrowings and current portion of non-current borrowings	300	150
Transferred to non-current liabilities	(300)	150
Total current borrowings	0	300	150
Westpac fleet loan
Non-current borrowings
Balance at beginning of year	22	132
Repayments	(94)	(96)
Transferred to current liabilities	62	18
Translation	10	(32)
Total non-current borrowings	0	22	132
Current borrowings
Current borrowings and current portion of non-current borrowings	87	105
Transferred to non-current liabilities	(62)	(18)
Total current borrowings	25	87	105
R2.5 Billion Facility - Sustainability Linked
Non-current borrowings
Balance at beginning of year	0	0
Issue cost	(26)	0
Prepayments	26	0
Total non-current borrowings	0	0	0
R1.5 billion facility - Green Term Loan
Non-current borrowings
Balance at beginning of year	0	0
Issue cost	(15)	0
Prepayments	15	0
Total non-current borrowings	0	0	0
US$400 million facility - Sustainability Linked
Non-current borrowings
Balance at beginning of year	0	0
Draw down	3,057	0
Issue cost	(76)	0
Amortisation of issue costs	1	0
Translation	198	0
Total non-current borrowings	3,180	0	0
US$400 million facility secured loan (matured)
Non-current borrowings
Balance at beginning of year	2,799	5,980
Repayments	(3,057)	(2,347)
Issue cost	0	(11)
Amortisation of issue costs	55	39
Translation	203	(862)
Total non-current borrowings	0	2,799	R 5,980
Current
Current borrowings
Current borrowings and current portion of non-current borrowings	387
Total current borrowings	25	387
Undrawn committed borrowing facilities	0	0
Between one to two years
Non-current borrowings
Balance at beginning of year	175
Total non-current borrowings	0	175
Due between two to three years4
Non-current borrowings
Balance at beginning of year	2,799
Total non-current borrowings	3,180	2,799
Expiring after one year
Current borrowings
Undrawn committed borrowing facilities	R 7,254	R 4,254

Borrowings - Disclosure of Effe

Borrowings - Disclosure of Effective Interest Rates (Details) - Effective Interest Rate	Jun. 30, 2022	Jun. 30, 2021
R2 Billion Facility (Secured Loan) (matured)
Disclosure of detailed information about borrowings [line items]
Interest rate	6.70%	6.60%
Westpac fleet loan
Disclosure of detailed information about borrowings [line items]
Interest rate	3.40%	3.40%
US$400 million facility secured loan (matured)
Disclosure of detailed information about borrowings [line items]
Interest rate	3.40%	4%
US$400 million facility - Sustainability Linked
Disclosure of detailed information about borrowings [line items]
Interest rate	4.30%	0%

Trade and Other Payables - Disc

Trade and Other Payables - Disclosure of Trade and Other Payables (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Financial liabilities
Trade payables	R 1,266	R 1,269
Current lease liabilities	197	107
Other liabilities	328	129
Short-term employee benefits accruals	832	847
Non-financial liabilities
Leave liabilities	770	731	R 537
Shaft related accruals	841	928
Other accruals	92	211
Value added tax	156	163
Income and mining tax	12	4
Total current trade and other payables	R 4,494	R 4,389

Trade and Other Payables - Di_2

Trade and Other Payables - Disclosure of Movement in the Liability for Annual Leave (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Oct. 01, 2020
Subclassifications of assets, liabilities and equities [abstract]
Balance at beginning of year	R 731	R 537
Benefits paid	(762)	(583)
Total expense per income statement	787	630
Translation (gain)/loss	14	(25)
Balance at end of year	770	731
Disclosure Of Non-Financial Assets And Liabilities [Line Items]
Leave liabilities	770	R 731
Mponeng operations and related assets
Subclassifications of assets, liabilities and equities [abstract]
Balance at end of year	0
Disclosure Of Non-Financial Assets And Liabilities [Line Items]
Leave liabilities	R 0		R 172

Cash Generated by Operations -

Cash Generated by Operations - Disclosure of Cash Generated by Operations (Details) - ZAR (R) R in Millions	9 Months Ended	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Reconciliation of profit/(loss) before taxation to cash generated by operations
Profit/(loss) before taxation		R (1,058)	R 6,382	R (595)
Adjustments for:
Amortisation and depreciation		3,683	3,877	3,508
Impairment of assets		4,433	1,124	0
Share-based payments		145	160	180
Net decrease in provision for post-retirement benefits		(14)	(13)	(12)
Net increase in provision for environmental rehabilitation		71	135	0
Gains on disposals of property, plant and equipment		(24)	(11)	(2)
Loss on scrapping of property, plant and equipment		7	161	62
Profit from associates		(63)	(83)	(94)
Investment income		(352)	(244)	(375)
ARM BBEE day one expense		0	(87)	0
Finance costs		718	661	661
Inventory revaluation adjustments		21	69	(70)
Foreign exchange translation difference		338	(810)	989
Non-cash portion of (gains)/losses on derivatives		252	(1,204)	1,382
Day one loss amortisation		(49)	(47)	40
Streaming contract revenue		(471)	(397)	0
Silicosis settlement provision – net		(86)	(90)	(119)
Gain on bargain purchase		0	(303)	0
Contingent consideration remeasurement	R (127)	(61)	(127)	0
Other non-cash adjustments		14	(43)	(42)
Effect of changes in operating working capital items
(Increase)/decrease in Receivables		21	(339)	(349)
Increase in Inventories		(232)	(37)	(150)
Increase/(decrease) in Payables		52	967	(49)
Cash generated by operations		7,378	9,741	5,031
Increase In Gold In Lock Up		(71)	(17)	(4)
Increase in loss allowance recognised during the year		22	47	63
Provision For Obsolete Stock		R 82	R 10	R 7

Cash Generated by Operations _2

Cash Generated by Operations - Narrative (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure of financial assets [line items]
Borrowing facilities available for future operation activities and future capital commitments	R 7,254	R 4,254	R 1,336
Lease payments	177	119	38
Past due by more than 361 days
Disclosure of financial assets [line items]
Borrowing facilities available for future operation activities and future capital commitments	7,254	4,254
Restricted cash and investments (refer to note $17)
Disclosure of financial assets [line items]
Interest income	R 185	R 174	R 163

Employee Benefits - Disclosure

Employee Benefits - Disclosure of Permanent Employees and Aggregate Earnings of Employees (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) numberOfEmployees	Jun. 30, 2021 ZAR (R) numberOfEmployees
Current Restricted Cash [line items]
Total number of permanent employees | numberOfEmployees	37,609	38,459
Salaries and wages and other benefits (excluding share-based payments) | R	R 15,485	R 14,079
Retirement benefit costs | R	1,125	929
Medical aid contributions | R	363	316
Total aggregated earnings | R	R 16,973	R 15,324
South African operations
Current Restricted Cash [line items]
Total number of permanent employees | numberOfEmployees	35,989	36,860
International operations
Current Restricted Cash [line items]
Total number of permanent employees | numberOfEmployees	1,620	1,599
Wafi-Golpu Joint Operation
Current Restricted Cash [line items]
Total number of permanent employees | numberOfEmployees	56	59

Employee Benefits - Narrative (

Employee Benefits - Narrative (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) numberOfEmployees	Jun. 30, 2021 ZAR (R) numberOfEmployees
Employee Benefits [Abstract]
Termination costs | R	R 227	R 371
Current restricted cash [table]
Total number of permanent employees	37,609	38,459
Wafi-Golpu Joint Operation
Current restricted cash [table]
Total number of permanent employees	56	59

Share-Based Payments - Narrativ

Share-Based Payments - Narrative (Details) R / shares in Units, R in Millions					12 Months Ended			103 Months Ended
	Sep. 20, 2021 R / shares	Sep. 18, 2020 R / shares	Sep. 18, 2019 R / shares	Jan. 15, 2019 shares	Jun. 30, 2022 ZAR (R) oz shares	Jun. 30, 2021 ZAR (R) R / shares	Jun. 30, 2020 ZAR (R)	Jun. 30, 2019 shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Dividends paid to non-controlling interests | R					R 16	R 7	R 3
Sisonke ESOP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Spot share price (in SA rand per share) | R / shares						R 28.29
Management DSP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Spot share price (in SA rand per share) | R / shares		R 74.90
Ordinary shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares authorised | shares					60,011,669
Number of shares issued | shares								53,482,588
Ordinary shares | Management DSP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of shares authorised | shares					25,000,000
Share Appreciation Rights [Member] | 2006 share plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option awards outstanding (in shares)					0	0	377,333
Participation units | Sisonke ESOP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of share option awards outstanding (in shares)					0	6,311,667	6,768,562
Vesting period (in years)				3 years
Number of participation units awarded to each beneficiary under scheme | shares				225
Bottom of range | Management DSP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Spot share price (in SA rand per share) | R / shares	R 45.58		R 45.89
Top of range | Management DSP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Spot share price (in SA rand per share) | R / shares	R 57.93		R 56.87

Share-Based Payments - Total Co

Share-Based Payments - Total Costs Related to Employee Share-Based Payments (Details) - ZAR (R)				12 Months Ended
	Sep. 20, 2021	Sep. 18, 2020	Sep. 18, 2019	Jun. 30, 2022	Jun. 30, 2021
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total employee share-based payments				R 200,000,000	R 156,000,000
2006 share plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total employee share-based payments				0	26,000,000
Sisonke ESOP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total employee share-based payments				109,000,000	R 61,000,000
Spot share price (in SA rand per share)					R 28.29
Management DSP
Disclosure of terms and conditions of share-based payment arrangement [line items]
Total employee share-based payments				R 91,000,000	R 69,000,000
Spot share price (in SA rand per share)		R 74.90
Management DSP | Floor
Disclosure of terms and conditions of share-based payment arrangement [line items]
Spot share price (in SA rand per share)	R 45.58		R 45.89
Management DSP | Floor | September 20, 2021
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted	59.59%
Expected dividend, share options granted	2.02%
Spot Price on Grant Date	R 54.06
Risk free interest rate, share options granted	5.71%
Management DSP | Cap
Disclosure of terms and conditions of share-based payment arrangement [line items]
Spot share price (in SA rand per share)	R 57.93		R 56.87
Management DSP | Cap | September 20, 2021
Disclosure of terms and conditions of share-based payment arrangement [line items]
Expected volatility, share options granted	62.51%
Expected dividend, share options granted	3.41%
Spot Price on Grant Date	R 62.43
Risk free interest rate, share options granted	6.93%
Management DSP | Over five years [Member] | September 20, 2021 | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period (in years)	5 years
Management DSP | Over three years [Member] | September 20, 2021 | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period (in years)	3 years

Share-Based Payments - Terms an

Share-Based Payments - Terms and Conditions of Options Granted Under share plans (Details)		12 Months Ended	36 Months Ended
	Jan. 15, 2019	Jun. 30, 2022	Jun. 30, 2018
2006 share plan | Share Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Remaining life (in years)		6 years
2006 share plan | Performance Shares1 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period (in years)		3 years
Number of rights linked to group on a absolute basis (as a percent)			50%
Number of rights linked to group on a market basis (as a percent)			50%
2006 share plan | Restricted shares
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period (in years)		3 years
Sisonke ESOP | Participation units
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting period (in years)	3 years
Year three | 2006 share plan | Share Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		33.33%
Executive Directors and Prescribed Officers | Year One | Management DSP | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20%
Executive Directors and Prescribed Officers | Year Two | Management DSP | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20%
Executive Directors and Prescribed Officers | Year three | Management DSP | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20%
Executive Directors and Prescribed Officers | Year four | Management DSP | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20%
Executive Directors and Prescribed Officers | Year five | Management DSP | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Vesting percentage		20%

Share-Based Payments - Activity

Share-Based Payments - Activity on Share Options (Details) R / shares in Units, R in Millions	12 Months Ended
	Jun. 30, 2022 oz	Jun. 30, 2022 oz R / shares	Jun. 30, 2022 oz	Jun. 30, 2022 ZAR (R) oz	Jun. 30, 2021 ZAR (R) year R / shares	Jun. 30, 2022 year
2006 share plan
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Gain realised by participants on options and rights traded during the year | R				R 0	R 807
Fair value of options and rights exercised during the year | R				0	R 807
Participation units | Sisonke ESOP
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares)	6,311,667				6,768,562
Options granted (in shares)	40,064				106,994
Options exercised or vested (in shares)	(6,254,608)				(441,548)
Options forfeited and lapsed (in shares)	(97,123)				(122,341)
Number of options and rights (in shares)	0				6,311,667
Weighted average option price (in SA rand per share)		R 58.20			R 70.90
Gain realised by participants on options and rights traded during the year | R				397	R 31
Remaining life (years) | year					0.5	0
Share Appreciation Rights [Member] | 2006 share plan
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares)	0				377,333
Weighted average option price (in SA rand per share)		0			R 18.41
Options exercised or vested (in shares)					(371,008)
Options exercised (in SA rand per share)					R 18.41
Options forfeited and lapsed (in shares)					(6,325)
Options forfeited and lapsed (in SA rand per share)					R 18.41
Number of options and rights (in shares)			0		0
Performance Shares1 [Member] | 2006 share plan
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares)	0				12,415,024
Options exercised or vested (in shares)					(11,928,241)
Options forfeited and lapsed (in shares)					(486,783)
Number of options and rights (in shares)			0		0
DS | Management DSP
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares)	2,102,523				1,162,152
Options granted (in shares)	3,298,489				1,356,715
Options exercised or vested (in shares)	(641,562)				(331,466)
Options forfeited and lapsed (in shares)	(310,159)				(84,878)
Number of options and rights (in shares)	4,449,291		4,449,291		2,102,523
DS | Management DSP | Over three years [Member] | September 18, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares) | oz			284,525
Weighted average option price (in SA rand per share)		R 47.24			R 87.86
Gain realised by participants on options and rights traded during the year | R				R 13	R 28
Remaining life (years)	0.2	0.2	0.2	0.2	1.2	0.2
DS | Management DSP | Over three years [Member] | September 18, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares) | oz			570,777
Weighted average option price (in SA rand per share)		R 47.24			R 0
Gain realised by participants on options and rights traded during the year | R				R 13	R 0
Remaining life (years)	1.2	1.2	1.2	1.2	0	1.2
DS | Management DSP | Over five years [Member] | September 18, 2019
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares) | oz			172,243
Weighted average option price (in SA rand per share)		R 51.74			R 87.86
Gain realised by participants on options and rights traded during the year | R				R 2	R 2
Remaining life (years)	2.2	2.2	2.2	2.2	3.2	2.2
DS | Management DSP | Over five years [Member] | September 18, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares) | oz			268,395
Weighted average option price (in SA rand per share)		R 49.55			R 0
Gain realised by participants on options and rights traded during the year | R				R 2	R 0
Remaining life (years)	3.2	3.2	3.2	3.2	0	3.2
Restricted Shares [Member] | 2006 share plan
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Number of options and rights (in shares)	0
Number of options and rights (in shares)	0				0

Share-Based Payments - Options

Share-Based Payments - Options by Grant Date (Details) R / shares in Units, R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R) year R / shares	Jun. 30, 2022 oz	Jun. 30, 2022 year	Jun. 30, 2020 R / shares
2006 share plan
Disclosure of terms and conditions of share-based payment arrangement [line items]
Other Equity Instruments Exercised, Gain (Loss) Realised by Plan Participants | R	R 0	R 807
Fair value of options and rights exercised during the year | R	R 0	R 807
2006 share plan | Share Appreciation Rights [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments exercised or vested in share-based payment arrangement		371,008
Number of other equity instruments forfeited in share-based payment arrangement		6,325
Number of options and rights (in shares)		0	0		377,333
Award price (in SA rand per share) | R / shares		R 0			R 18.41
2006 share plan | Performance Shares1 [Member]
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments exercised or vested in share-based payment arrangement		11,928,241
Number of other equity instruments forfeited in share-based payment arrangement		486,783
Number of options and rights (in shares)		0	0		12,415,024
Management DSP | DS
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of other equity instruments exercised or vested in share-based payment arrangement	641,562	331,466
Number of other equity instruments forfeited in share-based payment arrangement	310,159	84,878
Number of options and rights (in shares)	4,449,291	2,102,523	4,449,291		1,162,152
Over three years [Member] | Management DSP | DS | September 18, 2019
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options and rights (in shares)			284,525
Remaining life (years)		1.2	0.2	0.2
Other Equity Instruments Exercised, Gain (Loss) Realised by Plan Participants | R	R 13	R 28
Over three years [Member] | Management DSP | DS | September 18, 2020
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options and rights (in shares)			570,777
Remaining life (years)		0	1.2	1.2
Other Equity Instruments Exercised, Gain (Loss) Realised by Plan Participants | R	13	R 0
Over three years [Member] | Management DSP | DS | September 18, 2021
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options and rights (in shares)			2,369,559
Remaining life (years)			2.2
Over five years [Member] | Management DSP | DS | September 18, 2019
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options and rights (in shares)			172,243
Remaining life (years)		3.2	2.2	2.2
Other Equity Instruments Exercised, Gain (Loss) Realised by Plan Participants | R	2	R 2
Over five years [Member] | Management DSP | DS | September 18, 2020
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options and rights (in shares)			268,395
Remaining life (years)		0	3.2	3.2
Other Equity Instruments Exercised, Gain (Loss) Realised by Plan Participants | R	R 2	R 0
Over five years [Member] | Management DSP | DS | September 18, 2021
Disclosure of terms and conditions of share-based payment arrangement [line items]
Number of options and rights (in shares)			783,792
Remaining life (years)			4.2

Related Parties - Disclosure of

Related Parties - Disclosure of Directors’ Renumeration (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Executive directors
Disclosure of transactions between related parties [line items]
Salaries	R 21	R 24
Retirement contributions	3	3
Bonuses	14	16
Exercise/settlement of share options	2	105
Key management personnel compensation	40	148
Non-executive directors
Disclosure of transactions between related parties [line items]
Directors' fees	R 13	R 13

Related Parties - Narrative (De

Related Parties - Narrative (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Rand Refinery
Disclosure of transactions between related parties [line items]
Ownership interest (as a percent)	10.38%
Modise Motloba, Harmony’s deputy chairman
Disclosure of transactions between related parties [line items]
Value of contract per annum (up to)	R 5
Value of contract that has been paid	R 5	R 5
Notice period	30 days

Related Parties - Disclosure _2

Related Parties - Disclosure of Directors and Prescribed Officers Who Own Shares in Harmony (Details) - shares	Jun. 30, 2022	Jun. 30, 2021
Directors | Peter Steenkamp
Disclosure of transactions between related parties [line items]
Number of shares held	772,589	746,085
Directors | Boipelo Lekubo
Disclosure of transactions between related parties [line items]
Number of shares held	15,988	3,581
Directors | Andre Wilkens
Disclosure of transactions between related parties [line items]
Number of shares held	101,301	101,301
Directors | Harry 'Mashego' Mashego
Disclosure of transactions between related parties [line items]
Number of shares held	14,875	3,319
Prescribed officers | Beyers Nel
Disclosure of transactions between related parties [line items]
Number of shares held	110,207	198,622
Prescribed officers | Beyers Nel | Previously Reported
Disclosure of transactions between related parties [line items]
Number of shares held		216,175
Prescribed officers | Phillip Tobias
Disclosure of transactions between related parties [line items]
Number of shares held		321,084
Prescribed officers | Phillip Tobias | Previously Reported
Disclosure of transactions between related parties [line items]
Number of shares held		347,462
Prescribed officers | Marian van der Walt
Disclosure of transactions between related parties [line items]
Number of shares held	100,000	159,438
Prescribed officers | Marian van der Walt | Previously Reported
Disclosure of transactions between related parties [line items]
Number of shares held		139,356
Prescribed officers | Melanie Naidoo-Vermaak
Disclosure of transactions between related parties [line items]
Number of shares held	7,966
Prescribed officers | Johannes Van Heerden
Disclosure of transactions between related parties [line items]
Number of shares held	30,734	6,156
Prescribed officers | Johannes Van Heerden | Previously Reported
Disclosure of transactions between related parties [line items]
Number of shares held		166,156

Related Parties - Disclosure _3

Related Parties - Disclosure of Transactions with Related Parties (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of transactions between related parties [line items]
Sales and services rendered to related parties	R 4	R 3
Purchases and services acquired from related parties	56	60
Joint operations
Disclosure of transactions between related parties [line items]
Sales and services rendered to related parties	4	3
Directors
Disclosure of transactions between related parties [line items]
Purchases and services acquired from related parties	5	5
Associates
Disclosure of transactions between related parties [line items]
Purchases and services acquired from related parties	R 51	R 55

Commitments and Contingencies -

Commitments and Contingencies - Disclosure of Guarantees (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Other provisions, contingent liabilities and contingent assets [Abstract]
Contracts for capital expenditure1	R 1,839	R 341
Share of joint operation's contracts for capital expenditure	105	32
Authorised by the directors but not contracted for	6,300	7,425
Total capital commitments	8,244	7,798
Disclosure of contingent liabilities [line items]
Financial assets pledged as collateral for liabilities or contingent liabilities	150	146
Total guarantees
Disclosure of contingent liabilities [line items]
Guarantees	979	960
Guarantees and suretyships
Disclosure of contingent liabilities [line items]
Guarantees	500	481
Environmental guarantees
Disclosure of contingent liabilities [line items]
Guarantees	R 479	R 479

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details) R in Millions, $ in Millions	Dec. 01, 2008 ZAR (R) shares	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Dec. 01, 2008 USD ($)
Disclosure of contingent liabilities [line items]
Additional cash payable when decision to mine is made | $				$ 6
Wafi-Golpu Joint Operation
Disclosure of contingent liabilities [line items]
Contractual obligations in respect of mineral tenement leases		R 16	R 17
Additional cash payable when decision to mine is made | $				4
Rio Tinto
Disclosure of contingent liabilities [line items]
Shares issued for purchase of rights to the royalty agreement (in shares) | shares	3,364,675
Value of shares on transaction date	R 242
Additional cash payable when decision to mine is made | $				$ 10
Liability for environmental disturbances and degradation caused before the effective date (in excess of)
Disclosure of contingent liabilities [line items]
Financial exposure		75
Liability for environmental disturbances and degradation caused before the effective date (in excess of) | Rand Uranium
Disclosure of contingent liabilities [line items]
Financial exposure		R 75

Financial Risk Management - Sch

Financial Risk Management - Schedule of Financial Assets and Liabilities (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disclosure Of Financial Assets And Liabilities [Line Items]
Total assets	R 46,808	R 48,803	R 44,692
Borrowings | Financial liabilities at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	3,205	3,361
Other non-current liabilities | Financial liabilities at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	263	173
Trade and other payables | Financial liabilities at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	1,791	1,505
Contingent consideration liability | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	356	417
Other non-current assets | Debt instruments at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	15	16
Other non-current assets | Equity instruments designated at fair value through OCI
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	75	74
Other non-current assets | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	148	177
Trade and other receivables | Debt instruments at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	938	979
Cash and cash equivalents | Debt instruments at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	2,448	2,819
Restricted Cash and Investments | Debt instruments at amortised cost
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	4,128	3,656
Restricted Cash and Investments | Equity instruments designated at fair value through OCI
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	292	252
Restricted Cash and Investments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	1,162	1,391
Not designated as hedging instrument | Non-current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	0	6
Not designated as hedging instrument | Current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	0	92
Not designated as hedging instrument | Non-current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	6	9
Not designated as hedging instrument | Current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	83	384
Not designated as hedging instrument | US$ silver contracts | Non-current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities		6
Not designated as hedging instrument | US$ silver contracts | Current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities		92
Not designated as hedging instrument | US$ silver contracts | Non-current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	6	9
Not designated as hedging instrument | US$ silver contracts | Current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	71	1
Not designated as hedging instrument | Foreign exchange hedging contracts | Current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	12	383
Cash flow hedges | Designated as hedging instrument | Non-current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	3
Cash flow hedges | Designated as hedging instrument | Current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	8	114
Cash flow hedges | Designated as hedging instrument | Non-current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	131	319
Cash flow hedges | Designated as hedging instrument | Current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	436	1,087
Cash flow hedges | Rand Gold Hedging Contracts | Designated as hedging instrument | Current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities		41
Cash flow hedges | Rand Gold Hedging Contracts | Designated as hedging instrument | Non-current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	113	279
Cash flow hedges | Rand Gold Hedging Contracts | Designated as hedging instrument | Current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	410	1,079
Cash flow hedges | US$ Gold Hedging Contracts | Designated as hedging instrument | Non-current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	3
Cash flow hedges | US$ Gold Hedging Contracts | Designated as hedging instrument | Current derivative financial instruments | Financial liabilities at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial liabilities	8	73
Cash flow hedges | US$ Gold Hedging Contracts | Designated as hedging instrument | Non-current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	18	40
Cash flow hedges | US$ Gold Hedging Contracts | Designated as hedging instrument | Current derivative financial instruments | Financial assets at fair value through profit or loss
Disclosure Of Financial Assets And Liabilities [Line Items]
Financial assets	R 26	R 8

Financial Risk Management - For

Financial Risk Management - Foreign Exchange Risk (Details)	12 Months Ended
	Jun. 30, 2022 ZAR (R)	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R) R / $	Jun. 30, 2022 R / $	Jun. 30, 2022 ZAR_per_AUD	Jun. 30, 2022 USD_per_PGK	Jun. 30, 2022 USD_per_AUD	Jun. 30, 2021 R / $	Jun. 30, 2021 ZAR_per_AUD	Jun. 30, 2021 USD_per_PGK	Jun. 30, 2021 USD_per_AUD
Disclosure of nature and extent of risks arising from financial instruments [line items]
Foreign exchange rate risk hedged limit (as a percent)	25%
Foreign exchange risk exposure term	24 months
Closing rate			17.32	16.27	11.25			14.27	10.72
Foreign exchange translation gain/(loss)	R 742,000,000	R (1,234,000,000)	R 1,199,000,000
Current derivative financial instruments | Not designated as hedging instrument | Financial assets at fair value through profit or loss, category [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial assets	83,000,000	384,000,000
US$/silver | Current derivative financial instruments | Not designated as hedging instrument | Financial assets at fair value through profit or loss, category [member]
Disclosure of nature and extent of risks arising from financial instruments [line items]
Financial assets	R 71,000,000	1,000,000
Currency risk | US$ against AU$
Disclosure of nature and extent of risks arising from financial instruments [line items]
Reasonably possible increase in risk variable percent	4%
Currency risk | Financial assets | US$ against AU$
Disclosure of nature and extent of risks arising from financial instruments [line items]
Risk exposure	R 268,000,000	R 723,000,000
Reasonably possible increase in risk variable percent		4%
Increase by 10%, impact on earnings	R 10,000,000	R 28,000,000
Reasonably possible decrease in risk variable percent	4%	4%
Decrease by 10%, impact on earnings	R (11,000,000)	R (30,000,000)
Closing rate | USD_per_AUD							0.69				0.75
Currency risk | Derivative financial instruments | Rand against US$
Disclosure of nature and extent of risks arising from financial instruments [line items]
Risk exposure	R 12,000,000	R 383,000,000
Reasonably possible increase in risk variable percent	4%	6%
Increase by 10%, impact on earnings	R 19,000,000	R 105,000,000
Reasonably possible decrease in risk variable percent	4%	6%
Decrease by 10%, impact on earnings	R (26,000,000)	R (127,000,000)
Closing rate | R / $				16.27				14.27
Currency risk | Borrowings | Rand against US$
Disclosure of nature and extent of risks arising from financial instruments [line items]
Risk exposure	R 3,180,000,000	R 2,806,000,000
Reasonably possible increase in risk variable percent	4%	6%
Increase by 10%, impact on earnings	R 127,000,000	R 168,000,000
Reasonably possible decrease in risk variable percent	4%	6%
Decrease by 10%, impact on earnings	R (127,000,000)	R (168,000,000)
Closing rate | R / $				16.27				14.27
Currency risk | Borrowings | US$ against Kina
Disclosure of nature and extent of risks arising from financial instruments [line items]
Risk exposure	R 25,000,000	R 109,000,000
Reasonably possible increase in risk variable percent	0.10%	1%
Increase by 10%, impact on earnings	R 0	R 1,000,000
Reasonably possible decrease in risk variable percent	0.10%	1%
Decrease by 10%, impact on earnings	R 0	R (1,000,000)
Closing rate | USD_per_PGK						0.28				0.29
Currency risk | Contingent consideration liability | Rand against US$
Disclosure of nature and extent of risks arising from financial instruments [line items]
Risk exposure	R 356,000,000	R 417,000,000
Reasonably possible increase in risk variable percent	4%	6%
Increase by 10%, impact on earnings	R 14,000,000	R 25,000,000
Reasonably possible decrease in risk variable percent	4%	6%
Decrease by 10%, impact on earnings	R (14,000,000)	R (25,000,000)
Closing rate | R / $				16.27				14.27

Financial Risk Management - Com

Financial Risk Management - Commodity Price Sensitivity (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of nature and extent of risks arising from financial instruments [line items]
Limit of gold production hedged (as a percent)	20%
Gold production period hedged (in months)	24 months
Limit of silver production hedged (as a percent)	50%
Silver production period hedged (in months)	24 months
Commodity price risk
Disclosure of nature and extent of risks arising from financial instruments [line items]
Reasonably possible change in risk variable percent	9%	7%
Cash flow hedges | Commodity price risk | US$ Gold Hedging Contracts
Disclosure of nature and extent of risks arising from financial instruments [line items]
Reasonably possible increase in risk variable percent	9%	7%
Reasonably possible decrease in risk variable percent	9%	7%
Increase by 10%, impact on other comprehensive income	R 152	R 130
Decrease by 10%, impact on other comprehensive income	R (150)	R (128)
Cash flow hedges | Commodity price risk | Rand Gold Hedging Contracts
Disclosure of nature and extent of risks arising from financial instruments [line items]
Reasonably possible increase in risk variable percent	9%	7%
Reasonably possible decrease in risk variable percent	9%	7%
Increase by 10%, impact on other comprehensive income	R (1,001)	R (481)
Decrease by 10%, impact on other comprehensive income	R 998	R 612

Financial Risk Management - Oth

Financial Risk Management - Other Price Risk (Details) - Other price risk - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Disclosure of nature and extent of risks arising from financial instruments [line items]
Reasonably possible increase in risk variable percent	13%	15%
Reasonably possible decrease in risk variable percent	13%	15%
Increase by 10%, impact on earnings	R 97	R 105
Decrease by 10%, impact on earnings	R 79	R 127

Financial Risk Management - Int

Financial Risk Management - Interest Rate Risk (Details) - Interest rate risk R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) Basis_points	Jun. 30, 2021 ZAR (R) Basis_points
Financial assets
Disclosure of nature and extent of risks arising from financial instruments [line items]
Increase by 1%, impact on earnings | R	R 59	R 16
Sensitivity Analysis For Types Of Market Risk, Reasonably Possible Decrease In Risk Variable, Basis points | Basis_points	88	25
Decrease by 1%, impact on earnings | R	R (59)	R (16)
Sensitivity Analysis For Types Of Market Risk, Reasonably Possible Increase In Risk Variable, Basis points | Basis_points	88	25
US$ denominated borrowings
Disclosure of nature and extent of risks arising from financial instruments [line items]
Increase by 1%, impact on earnings | R	R (59)	R 0
Sensitivity Analysis For Types Of Market Risk, Reasonably Possible Decrease In Risk Variable, Basis points | Basis_points	185	1
Decrease by 1%, impact on earnings | R	R 59	R 0
Sensitivity Analysis For Types Of Market Risk, Reasonably Possible Increase In Risk Variable, Basis points | Basis_points	185	1
Rand denominated borrowings
Disclosure of nature and extent of risks arising from financial instruments [line items]
Increase by 1%, impact on earnings | R	R 0	R (1)
Sensitivity Analysis For Types Of Market Risk, Reasonably Possible Decrease In Risk Variable, Basis points | Basis_points	88	25
Decrease by 1%, impact on earnings | R	R 0	R 1
Sensitivity Analysis For Types Of Market Risk, Reasonably Possible Increase In Risk Variable, Basis points | Basis_points	88	25

Financial Risk Management - Cre

Financial Risk Management - Credit Risk (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	R 9,495	R 10,837
Restricted investments	5,263	5,083
Investments held by social trust funds
Disclosure of detailed information about financial instruments [line items]
Restricted investments	19	19
Cash and cash equivalents
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	2,448	2,819
Derivative financial assets (refer to note 19)
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	656	1,799
Restricted Cash and Investments
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	5,222	4,981
Collective investment scheme (unit trusts)
Disclosure of detailed information about financial instruments [line items]
Restricted investments	49	47
Equity investments
Disclosure of detailed information about financial instruments [line items]
Restricted investments	292	252
AA Plus | Cash and cash equivalents
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	1,711	1,738
AA Plus | Derivative financial assets (refer to note 19)
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	226	629
AA Plus | Restricted Cash and Investments
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	4,997	4,756
AA+ | Cash and cash equivalents
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	737	1,081
AA+ | Derivative financial assets (refer to note 19)
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	115	286
AA Minus | Derivative financial assets (refer to note 19)
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	110	145
A Plus | Derivative financial assets (refer to note 19)
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	205	739
Credit Rating AAA | Restricted Cash and Investments
Disclosure of detailed information about financial instruments [line items]
Maximum exposure to credit risk	R 225	R 225

Financial Risk Management - Liq

Financial Risk Management - Liquidity Risk (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Oct. 01, 2020
Mponeng operations and related assets
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Post-tax real discount rate	10.20%	10.30%	10.60%
Liquidity risk | Current
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Lease liability, undiscounted cash flows	R 206	R 112
Trade and other payables (excluding non-financial liabilities)2,3	1,594	1,398
Derivative financial liabilities3	9	285
Financial liabilities	1,974	2,300
Liquidity risk | Due between 0 to six months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Borrowings3:	97	256
Liquidity risk | Due between six to 12 months
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Borrowings3:	68	249
Liquidity risk | Expiring after one year
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Contingent consideration liability1	515	647
Other non-current liabilities2	18	19
Lease liability, undiscounted cash flows	338	225
Derivative financial liabilities3	3	11
Financial liabilities	4,262	4,046
Liquidity risk | Due between one to two years
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Borrowings3:	137	267
Liquidity risk | Due between two to three years4
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Borrowings3:	3,251	2,877
Liquidity risk | Borrowings Final Repayment of Capital, September 2023
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Borrowings3:	R 3,126
Liquidity risk | Borrowings Final Repayment of Capital, September 2023
Disclosure of maturity analysis for non-derivative financial liabilities [line items]
Borrowings3:		R 2,854

Financial Risk Management - Cap

Financial Risk Management - Capital Risk Management, Net Debt (Details) - ZAR (R) R in Millions	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Financial Instruments [Abstract]
Cash and cash equivalents	R 2,448	R 2,819	R 6,357	R 993
Borrowings	(3,205)	(3,361)
Net debt	R (757)	R (542)

Financial Risk Management - Fai

Financial Risk Management - Fair Value Determination for Financial Assets and Liabilities (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) Basis_points	Jun. 30, 2021 ZAR (R) Basis_points	Oct. 01, 2020	Jun. 30, 2020 ZAR (R)
Disclosure of fair value measurement of assets [line items]
Assets	R 46,808	R 48,803		R 44,692
Mponeng operations and related assets
Disclosure of fair value measurement of assets [line items]
Discount rate applied to cash flow projections	10.20%	10.30%	10.60%
Financial assets at fair value through other comprehensive income | Other non-current assets | Level 3
Disclosure of fair value measurement of assets [line items]
Assets	R 75	R 74
Financial assets at fair value through other comprehensive income | Restricted Cash and Investments | Level 1 of fair value hierarchy [member]
Disclosure of fair value measurement of assets [line items]
Assets	292	252
Financial assets at fair value through profit or loss | Other non-current assets | Level 3
Disclosure of fair value measurement of assets [line items]
Assets	148	177
Financial assets at fair value through profit or loss | Derivative financial instruments | Level 2
Disclosure of fair value measurement of assets [line items]
Assets	656	1,799
Financial assets at fair value through profit or loss | Restricted Cash and Investments | Level 2
Disclosure of fair value measurement of assets [line items]
Assets	1,162	1,391
Financial liabilities at fair value through profit or loss | Derivative financial instruments | Level 2
Disclosure of fair value measurement of assets [line items]
Liabilities	(11)	(212)
Financial liabilities at fair value through profit or loss | Contingent consideration liability | Level 3
Disclosure of fair value measurement of assets [line items]
Liabilities	R (356)	R (417)
Financial liabilities at fair value through profit or loss | Contingent consideration liability | Level 3  | Mponeng operations and related assets
Disclosure of fair value measurement of assets [line items]
Discount rate applied to cash flow projections	10.20%	10.30%
ARM BBEE Trust | Financial assets at fair value through profit or loss | Other non-current assets | Level 3
Disclosure of fair value measurement of assets [line items]
Discount rate applied to cash flow projections	9.30%	7.90%
Fair value model [member] | ARM BBEE Trust | Other non-current assets | Level 3
Disclosure of fair value measurement of assets [line items]
Sensitivity Analysis For Types Of Fair Value Risk, Reasonably Increase In Risk Variable, Basis points | Basis_points	99	74
Sensitivity analysis for types of fair value risk, reasonable decrease in risk variable, Basis points | Basis_points	99	74
Fair value model [member] | AngloGold Ashanti | Contingent consideration liability
Disclosure of fair value measurement of assets [line items]
Sensitivity analysis for types of fair value risk, reasonably increase in risk variable, Percent	7.60%
Sensitivity analysis for types of fair value risk, reasonably decrease in risk variable, Percent	7.60%
Sensitivity analysis for types of fair value risk, reasonably Increase in risk variable, Impact on Pre-Tax Earnings	R 251	R 208
Sensitivity analysis for types of fair value risk, reasonably Decrease in risk variable, Impact on Pre-Tax Earnings	R 189	R 183

Subsequent Events (Details)

Subsequent Events (Details) R / shares in Units, R in Millions, $ in Millions					12 Months Ended
	Oct. 17, 2022 R / shares	Aug. 29, 2022 R / shares	Feb. 25, 2022 R / shares	Oct. 18, 2021 R / shares	Jun. 30, 2022 ZAR (R) R / shares	Jun. 30, 2021 ZAR (R) R / shares	Jun. 30, 2020 R / shares	Oct. 06, 2022 USD ($) km² $ / lb
Disclosure of non-adjusting events after reporting period [line items]
Dividends per share, ordinary shares | R / shares	R 0.22		R 0.40	R 0.27	R 0.67	R 1.10	R 0
Dividends recognised as distributions to owners per share | R / shares		R 0.22				R 0.27
Percentage of Incremental Copper Revenue to be Paid to Copper Mountain								10%
Tshepong Operations
Disclosure of non-adjusting events after reporting period [line items]
Recoverable amount | R						R 5,783
Tshepong North
Disclosure of non-adjusting events after reporting period [line items]
Recoverable amount | R					R 1,938
Life of Mine					19 years
Life of Mine - New					7 years
Life-of-mine plan | Tshepong Operations
Disclosure of non-adjusting events after reporting period [line items]
Recoverable amount | R						R 4,847
Life-of-mine plan | Tshepong North
Disclosure of non-adjusting events after reporting period [line items]
Recoverable amount | R					R 1,088
Eva Copper Project
Disclosure of non-adjusting events after reporting period [line items]
Exploration Land Acquired | km²								2,295
Contingent Consideration Payable on 10% Incremental Revenue Threshold | $								30
At Acquisition Copper Assumption | $ / lb								3.80
Contingent Consideration Payable on SAMREC Copper Resource Discovered and Declared | $								30
Payment Due on SAMREC Copper Discoveries | $ / lb								0.03
Total consideration payable | $								$ 230
Upfront Cash Payable on Financial Close | $								$ 170

Segment Report - Narrative (Det

Segment Report - Narrative (Details) R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) product	Jun. 30, 2021 ZAR (R)	Jun. 30, 2020 ZAR (R)
Disclosure of operating segments [line items]
Number of economic products | product	1
Additions other than through business combinations, property, plant and equipment	R 6,192	R 5,103	R 3,553
Operating segments
Disclosure of operating segments [line items]
Additions other than through business combinations, property, plant and equipment	6,192	5,103	3,553
Foreign operations | Operating segments
Disclosure of operating segments [line items]
Additions other than through business combinations, property, plant and equipment	1,249	1,260	959
Foreign operations | Operating segments | Hidden Valley
Disclosure of operating segments [line items]
Additions other than through business combinations, property, plant and equipment	1,249	1,260	959
Wafi-Golpu Joint Operation | Foreign operations
Disclosure of operating segments [line items]
Additions other than through business combinations, property, plant and equipment	R 22	R 34	R 54

Segment Report (Details)

Segment Report (Details) t in Thousands, R in Millions	12 Months Ended
	Jun. 30, 2022 ZAR (R) t kg	Jun. 30, 2021 ZAR (R) t kg	Jun. 30, 2020 ZAR (R) kg t
Disclosure of operating segments [line items]
Revenue	R 42,645	R 41,733	R 29,245
Production costs	33,099	29,774	22,048
Production profit/(loss)	9,546	11,959	7,197
Assets	46,808	48,803	44,692
Capital expenditure	R 6,192	R 5,103	R 3,553
Kilograms produced | kg	46,236	47,755	37,863
Tonnes milled | t	53,801	49,253	25,429
Operating segments
Disclosure of operating segments [line items]
Revenue	R 41,742	R 40,698	R 28,307
Production costs	32,196	28,739	21,110
Production profit/(loss)	9,546	11,959	7,197
Segment assets	25,592	26,856	22,070
Capital expenditure	R 6,192	R 5,103	R 3,553
Kilograms produced | kg	46,236	47,755	37,863
Tonnes milled | t	53,801	49,253	25,429
Reconciliation of segment information to the consolidated income statement and balance sheet
Disclosure of operating segments [line items]
Revenue	R 903	R 1,035	R 938
Production costs	903	1,035	938
Production profit/(loss)	0	0	0
Unallocated amounts
Disclosure of operating segments [line items]
Assets	21,216	21,947	22,622
South Africa | Operating segments
Disclosure of operating segments [line items]
Revenue	38,583	36,670	24,559
Production costs	30,074	27,020	19,471
Production profit/(loss)	8,509	9,650	5,088
Segment assets	21,451	23,728	18,260
Capital expenditure	R 4,943	R 3,843	R 2,594
Kilograms produced | kg	42,529	43,066	32,991
Tonnes milled | t	50,572	45,833	21,523
South Africa | Operating segments | Tshepong Operations
Disclosure of operating segments [line items]
Revenue	R 6,351	R 6,214	R 5,452
Production costs	5,084	4,865	4,298
Production profit/(loss)	1,267	1,349	1,154
Segment assets	3,779	6,541	6,733
Capital expenditure	R 1,514	R 1,112	R 930
Kilograms produced | kg	7,022	7,419	7,293
Tonnes milled | t	1,561	1,558	1,417
South Africa | Operating segments | Moab Khotsong
Disclosure of operating segments [line items]
Revenue	R 5,779	R 6,048	R 5,008
Production costs	4,038	3,842	3,344
Production profit/(loss)	1,741	2,206	1,664
Segment assets	4,324	4,008	3,842
Capital expenditure	R 894	R 633	R 498
Kilograms produced | kg	6,508	7,166	6,592
Tonnes milled | t	959	903	746
South Africa | Operating segments | Mponeng
Disclosure of operating segments [line items]
Revenue	R 5,620	R 4,750	R 0
Production costs	4,487	2,938	0
Production profit/(loss)	1,133	1,812	0
Segment assets	4,433	4,321	0
Capital expenditure	R 605	R 493	R 0
Kilograms produced | kg	6,086	5,446	0
Tonnes milled | t	840	683	0
South Africa | Operating segments | Bambanani1
Disclosure of operating segments [line items]
Revenue	R 1,286	R 1,687	R 1,591
Production costs	1,163	1,156	1,040
Production profit/(loss)	123	531	551
Segment assets	0	327	443
Capital expenditure	R 25	R 71	R 50
Kilograms produced | kg	1,433	1,992	2,132
Tonnes milled | t	176	227	200
South Africa | Operating segments | Joel [Member]
Disclosure of operating segments [line items]
Revenue	R 1,411	R 1,199	R 1,037
Production costs	1,308	1,124	1,010
Production profit/(loss)	103	75	27
Segment assets	1,244	1,166	1,080
Capital expenditure	R 225	R 172	R 151
Kilograms produced | kg	1,556	1,424	1,391
Tonnes milled | t	434	359	349
South Africa | Operating segments | Doornkop
Disclosure of operating segments [line items]
Revenue	R 3,106	R 3,077	R 2,270
Production costs	2,453	2,140	1,730
Production profit/(loss)	653	937	540
Segment assets	3,222	2,994	2,841
Capital expenditure	R 491	R 425	R 281
Kilograms produced | kg	3,444	3,670	2,994
Tonnes milled | t	874	851	681
South Africa | Operating segments | Target 1
Disclosure of operating segments [line items]
Revenue	R 1,648	R 1,410	R 1,524
Production costs	1,812	1,667	1,499
Production profit/(loss)	(164)	(257)	25
Segment assets	1,517	1,367	1,276
Capital expenditure	R 384	R 368	R 347
Kilograms produced | kg	1,800	1,603	2,244
Tonnes milled | t	455	488	543
South Africa | Operating segments | Kusasalethu
Disclosure of operating segments [line items]
Revenue	R 4,139	R 3,400	R 2,293
Production costs	3,086	2,955	2,577
Production profit/(loss)	1,053	445	(284)
Segment assets	822	1,057	1,253
Capital expenditure	R 210	R 205	R 188
Kilograms produced | kg	4,567	3,999	3,015
Tonnes milled | t	607	708	615
South Africa | Operating segments | Masimong
Disclosure of operating segments [line items]
Revenue	R 1,733	R 1,636	R 1,401
Production costs	1,504	1,427	1,258
Production profit/(loss)	229	209	143
Segment assets	17	26	41
Capital expenditure	R 49	R 29	R 24
Kilograms produced | kg	1,910	2,012	1,999
Tonnes milled | t	486	510	489
South Africa | Operating segments | Unisel2
Disclosure of operating segments [line items]
Revenue	R 0	R 224	R 681
Production costs	0	182	580
Production profit/(loss)	0	42	101
Segment assets	0	0	6
Capital expenditure	R 0	R 0	R 7
Kilograms produced | kg	0	247	982
Tonnes milled | t	0	57	219
South Africa | Operating segments | All other surface operations
Disclosure of operating segments [line items]
Revenue	R 4,868	R 5,136	R 3,302
Production costs	3,551	3,587	2,135
Production profit/(loss)	1,317	1,549	1,167
Segment assets	1,066	890	745
Capital expenditure	R 282	R 265	R 118
Kilograms produced | kg	5,304	6,031	4,349
Tonnes milled | t	20,737	21,824	16,264
South Africa | Operating segments | Mine Waste Solutions
Disclosure of operating segments [line items]
Revenue	R 2,642	R 1,889	R 0
Production costs	1,588	1,137	0
Production profit/(loss)	1,054	752	0
Segment assets	1,027	1,031	0
Capital expenditure	R 264	R 70	R 0
Kilograms produced | kg	2,899	2,057	0
Tonnes milled | t	23,443	17,665	0
Foreign operations | Operating segments
Disclosure of operating segments [line items]
Revenue	R 3,159	R 4,028	R 3,748
Production costs	2,122	1,719	1,639
Production profit/(loss)	1,037	2,309	2,109
Segment assets	4,141	3,128	3,810
Capital expenditure	R 1,249	R 1,260	R 959
Kilograms produced | kg	3,707	4,689	4,872
Tonnes milled | t	3,229	3,420	3,906
Foreign operations | Operating segments | Hidden Valley
Disclosure of operating segments [line items]
Revenue	R 3,159	R 4,028	R 3,748
Production costs	2,122	1,719	1,639
Production profit/(loss)	1,037	2,309	2,109
Segment assets	4,141	3,128	3,810
Capital expenditure	R 1,249	R 1,260	R 959
Kilograms produced | kg	3,707	4,689	4,872
Tonnes milled | t	3,229	3,420	3,906

Reconciliation of Segment Inf_3

Reconciliation of Segment Information to Consolidated Income Statements and Balance Sheets (Details) - ZAR (R) R in Millions	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Disclosure of operating segments [line items]
Revenue	R (42,645)	R (41,733)	R (29,245)
Production costs	33,099	29,774	22,048
Production profit per segment report	9,546	11,959	7,197
Amortisation and depreciation of mining assets	(3,622)	(3,777)	(3,409)
Amortisation and depreciation of assets other than mining assets	(61)	(98)	(99)
Rehabilitation expenditure	(136)	(135)	(47)
Care and maintenance cost of restructured shafts	(273)	(144)	(146)
Employment termination and restructuring costs	(218)	(332)	(40)
Share-based payments	(143)	(114)	(130)
Impairment of assets	(4,433)	(1,124)	0
Other	58	9	11
Gross profit	718	6,244	3,337
Corporate, administration and other expenditure	(984)	(1,068)	(611)
Exploration expenditure	(214)	(177)	(205)
Gains/(losses) on derivatives	53	1,022	(1,678)
Foreign exchange translation gain/(loss)	(327)	670	(892)
Other operating expenses	(1)	(241)	(309)
Operating profit/(loss)	(755)	6,450	(358)
Gain on bargain purchase	0	303	0
Acquisition-related costs	0	(124)	(45)
Share of profits from associate	63	83	94
Investment income	352	331	375
Finance costs	(718)	(661)	(661)
Profit/(loss) before taxation	(1,058)	6,382	(595)
Non-current assets
Property, plant and equipment	32,872	33,597
Intangible assets	48	365
Restricted cash and investments	5,555	5,232
Investments in associates	125	126	146
Deferred tax assets	203	272
Other non-current assets	374	332
Derivative financial assets	137	328
Current assets
Inventories	2,818	2,542
Restricted cash and investments	27	67
Trade and other receivables	1,682	1,652
Derivative financial assets	519	1,471
Cash and cash equivalents	2,448	2,819	6,357	R 993
Total assets	46,808	48,803	44,692
Mining assets
Non-current assets
Property, plant and equipment	25,320	26,487
Mining assets under construction
Non-current assets
Property, plant and equipment	3,132	2,732
Undeveloped properties
Non-current assets
Property, plant and equipment	4,004	3,988
Other non-mining assets
Non-current assets
Property, plant and equipment	416	390
Operating segments
Disclosure of operating segments [line items]
Revenue	(41,742)	(40,698)	(28,307)
Production costs	32,196	28,739	21,110
Production profit per segment report	9,546	11,959	7,197
Reconciliation of segment information to the consolidated income statement and balance sheet
Disclosure of operating segments [line items]
Revenue	(903)	(1,035)	(938)
Production costs	903	1,035	938
Production profit per segment report	0	0	0
Unallocated amounts
Disclosure of operating segments [line items]
Cost of sales items other than production costs	(8,828)	(5,715)	(3,860)
Amortisation and depreciation of mining assets	(3,622)	(3,777)	(3,409)
Amortisation and depreciation of assets other than mining assets	(61)	(98)	(99)
Rehabilitation expenditure	(136)	(135)	(47)
Care and maintenance cost of restructured shafts	(273)	(144)	(146)
Employment termination and restructuring costs	(218)	(332)	(40)
Share-based payments	(143)	(114)	(130)
Impairment of assets	(4,433)	(1,124)	0
Other	58	9	11
Gross profit	718	6,244	3,337
Corporate, administration and other expenditure	(984)	(1,068)	(611)
Exploration expenditure	(214)	(177)	(205)
Gains/(losses) on derivatives	53	1,022	(1,678)
Foreign exchange translation gain/(loss)	(327)	670	(892)
Other operating expenses	(1)	(241)	(309)
Operating profit/(loss)	(755)	6,450	(358)
Gain on bargain purchase	0	303	0
Acquisition-related costs	0	(124)	(45)
Share of profits from associate	63	83	94
Investment income	352	331	375
Finance costs	(718)	(661)	(661)
Non-current assets
Property, plant and equipment	7,280	6,741	7,116
Intangible assets	48	365	536
Restricted cash and investments	5,555	5,232	3,642
Investments in associates	125	126	146
Deferred tax assets	203	272	531
Other non-current assets	374	332	435
Derivative financial assets	137	328	50
Current assets
Inventories	2,818	2,542	2,421
Restricted cash and investments	27	67	62
Trade and other receivables	1,682	1,652	1,308
Derivative financial assets	519	1,471	18
Cash and cash equivalents	2,448	2,819	6,357
Total assets	21,216	21,947	22,622
Unallocated amounts | Mining assets
Non-current assets
Property, plant and equipment	943	757	1,062
Unallocated amounts | Mining assets under construction
Non-current assets
Property, plant and equipment	1,823	1,584	1,914
Unallocated amounts | Undeveloped properties
Non-current assets
Property, plant and equipment	4,004	3,989	4,025
Unallocated amounts | Other non-mining assets
Non-current assets
Property, plant and equipment	R 510	R 411	R 115

Uncategorized Items - _IXDS

Label	Element	Value
Abelle Limited [Member]
Acquisition of non-controlling interest in subsidiary	hmy_AcquisitionOfNonControllingInterestInSubsidiary	R 381,000,000