Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

Harmony Gold Acquires Mac Copper For Us$1.01 Billion

mining
Oct 28, 2025
Article Source LogoAfrica Mining Market
Africa Mining Market

South Africa’s Harmony Gold has completed the US$1.01 billion acquisition of Australia-based MAC Copper Limited. The deal gives the Randfontein-based miner ownership of the CSA copper mine, officially making it a copper producer.

While Harmony Gold has traditionally focused on gold, the company began diversifying into copper several years ago. This strategy was initially supported by the Wafi-Golpu project in Papua New Guinea and the Eva project in Australia, both still under development. The acquisition of the producing CSA mine, however, gives Harmony Gold immediate copper output.

According to MAC Copper’s website, the CSA mine produces about 40,000 tons of copper a year. Harmony Gold said it will integrate the mine’s operations into its broader production plan over the next three months, adding CSA’s output to its current fiscal-year forecasts.

The move reflects a broader trend among gold producers diversifying into copper, a key metal for the global energy transition. The same shift can be seen at Newmont Corp, the world’s largest gold producer, and Barrick Gold of Canada, which operates the Lumwana mine in Zambia.

Want more stuff like this?

Join over 65, 400 subscribers and receive our weekly newsletter!

Please check your inbox or spam folder to confirm your subscription.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Mining Related News You might want to check out

View by
Namibia’S Energy Sector To Add Us$3 Billion To Gdp And…
Namibia’S Energy Sector To Add Us$3 Billion To Gdp And…
Africa Mining Market
28 October 2025
mining
Harmony Gold Acquires Mac Copper For Us$1.01 Billion
Harmony Gold Acquires Mac Copper For Us$1.01 Billion
Africa Mining Market
28 October 2025
mining
Nigeria Targets Us$410 Billion For Clean Energy By 2060
Nigeria Targets Us$410 Billion For Clean Energy By 2060
Africa Mining Market
23 October 2025
mining
Consultation Opens For $2 Billion Green Aluminium Production Credit
Consultation Opens For $2 Billion Green Aluminium Production Credit
Australian Mining
21 October 2025
mining
Sonatrach Signs Us$5.4 Billion Oil And Gas Deal With Midad…
Sonatrach Signs Us$5.4 Billion Oil And Gas Deal With Midad…
Africa Mining Market
15 October 2025
mining
Sonatrach Signs Us$5.4 Billion Oil And Gas Deal With Midad Energy
Sonatrach Signs Us$5.4 Billion Oil And Gas Deal With Midad Energy
Africa Mining Market
15 October 2025
mining
Develop Doubles Sulphur Springs Free Cash Flow To $1.5 Billion
Develop Doubles Sulphur Springs Free Cash Flow To $1.5 Billion
Australian Mining
11 October 2025
mining
Dr Congo Mining Firms Underreported Us$16.8 Billion In Revenue
Dr Congo Mining Firms Underreported Us$16.8 Billion In Revenue
Africa Mining Market
09 October 2025
mining
Dr Congo Mining Firms Underreported Us$16.8 Billion In…
Dr Congo Mining Firms Underreported Us$16.8 Billion In…
Africa Mining Market
09 October 2025
mining
Predictive Discovery And Robex To Merge In Us$1.5 Billion Deal
Predictive Discovery And Robex To Merge In Us$1.5 Billion Deal
Africa Mining Market
07 October 2025
mining
Gold Fields’ $3.7 Billion Gold Road Acquisition Takes Effect
Gold Fields’ $3.7 Billion Gold Road Acquisition Takes Effect
Australian Mining
30 September 2025
mining
Boldyn Networks And Nokia Power The Future Of Mining At Callio Pyhäjärvi With Private 5G Network
Boldyn Networks And Nokia Power The Future Of Mining At Callio Pyhäjärvi With Private 5G Network
Global Mining Review
25 September 2025
mining