Resource Extraction Payment Report
Harmony Gold Mining Company Limited
For the period July 1, 2022 to June 30, 2023.
Currency of report: South African Rand
In this exhibit, references to “R”, “Rand” is to the South African Rand, the lawful currency of South Africa, “A$” and “Australian dollars” refers to Australian dollars, “K” or “Kina” refers to Papua New Guinean Kina.
Government-level Disclosure
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Figures in million |
Country | Payee Name | Departments, Agency, etc. within Payee that Received Payments | Taxes | Royalties | Fees | Production entitlements | Bonuses | Dividends | Payments for infrastructure improvements | Community and social responsibility payments that required by law or contract | Total |
South Africa | Government of South Africa | South African Revenue Service (SARS) | 553 | | 484 | | — | | — | | — | | — | | — | | — | | 1,037 | |
National Nuclear Regulator | — | | — | | 12 | | — | | — | | — | | — | | — | | 12 | |
Total South Africa | 553 | | 484 | | 12 | | — | | — | | — | | — | | — | | 1,049 | |
Papua New Guinea | Government of Papua New Guinea | Papua New Guinea Internal Revenue Commission | — | | 59 | | 23 | | — | | — | | — | | — | | — | | 82 | |
Total | | | 553 | | 543 | | 35 | | — | | — | | — | | — | | — | | 1,131 | |
Notes:
* When payments are maid in A$ or Kina, they were converted into Rand using the weighted average of exchange rates during the reporting period. The weighted average exchange rate for the period from July 1, 2022 to June 30, 2023 were 1R = 0.0837A$ and 1A$ = 2.3772Kina.
Project-level Disclosure
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Figures in million |
Country | Mineral type | Entity1 | Project** | Taxes | Royalties | Fees | Production entitlements | Bonuses | Dividends | Payments for infrastructure improvements | Community and social responsibility payments that required by law or contract | Total |
South Africa | Gold | Avgold Limited | Target 1 | — | | 9 | | 1 | | — | | — | | — | | — | | — | | 10 | |
Chemwes (Proprietary) Limited | Mine Waste Solutions | 8 | | 1 | | 1 | | — | | — | | — | | — | | — | | 10 | |
Covalent Water Company (Proprietary) Limited | Mponeng2 | 7 | | — | | 1 | | — | | — | | — | | — | | — | | 8 | |
Freegold (Harmony) Proprietary Limited | Freegold3 | 37 | | 63 | | 3 | | — | | — | | — | | — | | — | | 103 | |
Golden Core Trade and Invest (Proprietary) Limited | Golden Core4 | 202 | | 155 | | 1 | | — | | — | | — | | — | | — | | 358 | |
Harmony Gold Mining Company Limited | Harmony5 | 20 | | 62 | | 2 | | — | | — | | — | | — | | — | | 84 | |
Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | 179 | | 123 | | 1 | | — | | — | | — | | — | | — | | 303 | |
Kalahari Goldridge Mining Company Limited | Kalgold | — | | 9 | | — | | — | | — | | — | | — | | — | | 9 | |
Randfontein Estates Limited | Randfontein Estates6 | 10 | | 62 | | 1 | | — | | — | | — | | — | | — | | 73 | |
Tswelopele Beneficiation Operation (Proprietary) Limited | Phoenix | 90 | | — | | 1 | | — | | — | | — | | — | | — | | 91 | |
Uranium7 | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | — | | — | | — | | — | | — | | — | | — | | — | | — | |
Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | — | | 59 | | 23 | | — | | — | | — | | — | | — | | 82 | |
Silver7 | Morobe Consolidated Goldfields Limited | Hidden Valley | — | | — | | — | | — | | — | | — | | — | | — | | — | |
Total | | | | 553 | | 543 | | 35 | | — | | — | | — | | — | | — | | 1,131 | |
Notes:
1 The disclosure has been done at a statutory entity level as this is the lowest level of disaggregation used for the payment of taxes and royalties.
2 Covalent forms part of the Mponeng segment extraction process.
3 Freegold consists of Tshepong North, Tshepong South and Joel operations.
4 Golden Core consists of Mponeng and Savuka Tailings operations.
5 Harmony consists of Masimong and Central Plant Reclamation operations.
6 Randfontein Estates consist of Doornkop and Kusasalethu operations.
7 As all payments for commodities are made in aggregate, the amounts have been included under gold, being the primary commodity for the group.
* When payments are maid in A$ or Kina, they were converted into Rand using the weighted average of exchange rates during the reporting period. The weighted average exchange rate for the period from 1 July 2022 to June 30, 2023 were 1R = 0.0837A$ and 1A$ = 2.3772Kina.
** Where the entity has more than one operation, details have been provided in a footnote.
Payment details disclosure
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Disclosure of payments, details |
N | Country | Resource | Entity1 | Project | Extraction Method | Segment | Government | Payment Type | Amount (R million) |
1 | South Africa | Gold | Avgold Limited | Target 1 | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 9 | |
2 | South Africa | Gold | Avgold Limited | Target 1 | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
3 | South Africa | Gold | Chemwes (Proprietary) Limited*** | Mine Waste Solutions | Open Pit | Mining Operations | South African Revenue Service | Taxes | 8 | |
4 | South Africa | Gold | Chemwes (Proprietary) Limited*** | Mine Waste Solutions | Open Pit | Mining Operations | South African Revenue Service | Royalties | 1 | |
5 | South Africa | Gold | Chemwes (Proprietary) Limited*** | Mine Waste Solutions | Open Pit | Mining Operations | National Nuclear Regulator | Fees | 1 | |
6 | South Africa | Gold | Covalent Water Company (Proprietary) Limited | Mponeng | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 7 | |
7 | South Africa | Gold | Covalent Water Company (Proprietary) Limited | Mponeng | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
8 | South Africa | Gold | Freegold (Harmony) Proprietary Limited | Freegold | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 37 | |
9 | South Africa | Gold | Freegold (Harmony) Proprietary Limited | Freegold | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 63 | |
10 | South Africa | Gold | Freegold (Harmony) Proprietary Limited | Freegold | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 3 | |
11 | South Africa | Gold | Golden Core Trade and Invest (Proprietary) Limited | Golden Core | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 202 | |
12 | South Africa | Gold | Golden Core Trade and Invest (Proprietary) Limited | Golden Core | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 155 | |
13 | South Africa | Gold | Golden Core Trade and Invest (Proprietary) Limited | Golden Core | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
14 | South Africa | Gold | Harmony Gold Mining Company Limited | Harmony | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 20 | |
15 | South Africa | Gold | Harmony Gold Mining Company Limited | Harmony | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 62 | |
16 | South Africa | Gold | Harmony Gold Mining Company Limited | Harmony | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 2 | |
17 | South Africa | Gold | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 179 | |
18 | South Africa | Gold | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 123 | |
19 | South Africa | Gold | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
20 | South Africa | Uranium | Harmony Moab Khotsong Operations (Proprietary) Limited | Moab Khotsong | Underground Mining | Mining Operations | South African Revenue Service | Taxes | — | |
21 | South Africa | Gold | Kalahari Goldridge Mining Company Limited | Kalgold | Open Pit | Mining Operations | South African Revenue Service | Royalties | 9 | |
22 | South Africa | Gold | Randfontein Estates Limited | Randfontein Estates | Underground Mining | Mining Operations | South African Revenue Service | Taxes | 10 | |
23 | South Africa | Gold | Randfontein Estates Limited | Randfontein Estates | Underground Mining | Mining Operations | South African Revenue Service | Royalties | 62 | |
24 | South Africa | Gold | Randfontein Estates Limited | Randfontein Estates | Underground Mining | Mining Operations | National Nuclear Regulator | Fees | 1 | |
25 | South Africa | Gold | Tswelopele Beneficiation Operation (Proprietary) Limited*** | Phoenix | Open Pit | Mining Operations | South African Revenue Service | Taxes | 90 | |
26 | South Africa | Gold | Tswelopele Beneficiation Operation (Proprietary) Limited*** | Phoenix | Open Pit | Mining Operations | National Nuclear Regulator | Fees | 1 | |
27 | Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Royalties | 59 | |
28 | Papua New Guinea | Gold | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Fees | 23 | |
29 | Papua New Guinea | Silver | Morobe Consolidated Goldfields Limited | Hidden Valley | Open Pit | Mining Operations | Papua New Guinea Internal Revenue Commission | Royalties | — | |
*** The choices from the taxonomy are limited to three options, of which only one is a surface mine. As reclamation of tailings is not an available option, the open pit option was selected.