Highlights

Commitment to strategic goals delivers results for stakeholders

  • De-risking strategy takes effect
  • Net cash generated by operations up by 504% to R324.0 million
  • Spend on socio-economic development 198% higher at R15.8 million
  • Gold price received up by 26% to US$1 372/oz
  • Dividend up by 50% to 7.5 cents
  • 6 875 people employed
  • Capital expenditure up by 64% to R317.3 million
  • Total economic value distributed 22% higher at R815.0 million
  • Gold production up by 10% to 265 179 ounces
  • Fatal Injury Frequency Rate improves by 64% to0.04

Commitment to strategic goals delivers results for stakeholders

Geoffrey Campbell

Chairman’s letter

It has been an extraordinary year for DRDGOLD and the gold mining industry.

Geoffrey Campbell Read on
 
Niël Pretorius

Chief Executive Officer’s review

FY2011 was the year that DRDGOLD’s chosen strategic direction – reducing risk, managing costs, increasing margins and growing cautiously – started to show the desired results.

Niël Pretorius Read on
 
Craig Barnes

Chief Financial Officer’s review

Group gold production for FY2011 went up by 10% to 265 179 ounces compared with 241 194 ounces in FY2010.

Craig Barnes Read on