10 Best Uranium Stocks to Invest in Now

7. Harmony Gold Mining Company Limited (NYSE:HMY)

Number of Hedge Fund Holders: 11

Harmony Gold Mining Company Limited (NYSE:HMY) is a leading gold mining company with a growing uranium footprint. The company recovers uranium from its tailings facilities as a byproduct at its Moab Khotsong Mine in South Africa.

Harmony Gold Mining Company Limited (NYSE:HMY) is strategically focusing on exploiting the high-grade uranium deposits associated with its current and future gold mining operations. This dual-resource approach creates significant synergies, allowing the company to operate more efficiently and achieve a lower cost per unit of production for both minerals.

Harmony Gold Mining Company Limited (NYSE:HMY) is actively conducting feasibility studies to determine the potential for extending the life of its existing mines and identifying new areas. The company is also exploring the possibility of re-mining old tailings dams in South Africa, which would yield additional uranium resources. The company’s Moab Khotsong, a gold and uranium mine is expected to significantly contribute to its uranium production. The high-grade ore bodies from the Moab Khotsong mine can be processed through the existing plant at Moab Khotsong as the company has a dedicated uranium plant at this site.