Drill and Deal

Deals / Harmony Gold – MAC Copper

Copper · announced 27 May 2025 · completed

Harmony Gold – MAC Copper

A gold miner bought a copper mine with cash and a bridge loan; the deal closed in October 2025.

Acquirer
Harmony Gold
Target
MAC Copper
Announced
Metal
Copper
Announced value
about $1bn
Structure
Scheme, cash
Status
Completed