Latest MAC News

Harmony Gold has completed its acquisition of MAC Copper Limited, transferring all shares and initiating the delisting process from major stock exchanges.

MAC Copper Limited’s shares will be suspended from trading following court approval of its acquisition by Harmony Gold, marking a significant shift in ownership for the copper miner.

MAC Copper’s takeover by Harmony Gold has been legally sanctioned, triggering suspension of trading on ASX and NYSE ahead of the scheme’s implementation later this month.

The Royal Court of Jersey has approved Harmony Gold’s acquisition of MAC Copper, setting the stage for MAC’s trading suspension and delisting from ASX and NYSE.

MAC Copper Limited has outlined the final timetable for its acquisition by Harmony Gold, including key dates for court approval, trading suspension, and shareholder payments.

MAC Copper Limited shareholders have decisively approved the proposed acquisition by Harmony Gold, clearing a major hurdle for the transaction. The scheme now awaits final court sanction before becoming effective.

MAC Copper Limited shareholders convened pivotal meetings to vote on Harmony Gold's proposed acquisition, valuing MAC at over US$1 billion with a 20.7% premium. The outcome will reshape MAC's ownership and market presence.

MAC Copper Limited reported a 10% revenue decline but narrowed its net loss by 25% in HY25, achieving record daily copper production and advancing its acquisition by Harmony Gold.

MAC Copper has secured Foreign Investment Review Board approval, satisfying all regulatory conditions for its acquisition by Harmony Gold’s Australian subsidiary. The deal now awaits shareholder votes and court sanction to proceed.

MAC Copper has secured a crucial regulatory green light from the South African Reserve Bank, advancing Harmony Gold’s proposed acquisition. Shareholders are now gearing up to vote on the deal at meetings scheduled for late August.

MAC Copper has sent out its Scheme Circular detailing the proposed acquisition by Harmony Gold, setting the stage for shareholder votes on August 29, 2025. The MAC board unanimously recommends approval in the absence of a superior offer.

MAC Copper Limited shareholders will vote on a court-sanctioned scheme of arrangement proposing Harmony Gold’s acquisition at a 32% premium. The transaction, valued at over $1 billion, requires shareholder and regulatory approvals before completion.