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Impairments dent Harmony’s FY18 earnings

By:  
Creamer Media Senior Deputy Editor
 
GOLD
Despite meeting its production guidance targets and increasing its underground recovered grade by 8%, gold producer Harmony Gold warned in a trading statement on Friday that it expects its full-year headline earnings per share (HEPS) to be 40% to 45% lower than in 2017. HEPS for the year ended June 30 are expected to be between 164c and 179c, compared with the 298c reported for the 2017 financial year.
 
 
 
 
 

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