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MAC Copper Says Harmony Gold Deal Clears South African Regulatory Hurdle
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MAC Copper Says Harmony Gold Deal Clears South African Regulatory Hurdle
Aug 8, 2025 5:36 AM

08:01 AM EDT, 08/08/2025 (MT Newswires) -- MAC Copper ( MTAL ) said Friday that Harmony Gold Mining ( HMY ) has received approval from South Africa's Reserve Bank for the companies' proposed deal.

In May, MAC Copper ( MTAL ) signed a binding agreement for Harmony Gold to acquire all its outstanding shares through a scheme of arrangement under Jersey law.

Closing of the deal is subject to, among other things, Harmony Gold receiving approval from Australia's Foreign Investment Review Board, MAC Copper ( MTAL ) said Friday.

Harmony Gold shares were up 1% in recent premarket activity, while MAC Copper ( MTAL ) rose 0.3%.

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