HMY

Harmony Gold Mining Company (NYSE:HMY) shares are trading lower in the premarket session on Tuesday after it announced plans to solidify its presence in the Australian copper mining space. The South African miner has entered into a definitive agreement with MAC Copper Ltd (NYSE:MTAL) to purchase...

As equities as a whole are little changed today, gold is trading up about 1% to $964/ounce. Gold mining stocks however are far outpacing the metal's increase. Gold Fields (GFI) is up 8%, Harmony Gold (HMY) is up 8.4%, Gammon Gold (GRS) is up 9.5%, and Barrick Gold (ABX) is up 6.5%. The gold miner's...