DRDGOLD Limited, has today issued an operating update for the quarter ended 31 March 2021 and reports a 6% quarter on quarter reduction in gold produced to 1,382kg. This is despite a 3% increase in ore milled. Yield was 9% down to 0.190g/t, compared to 0.208g/t in the previous quarter, and the volume of gold sold was down by 8% to 1,363kg.MEDIA RELEASE - Lower gold price, production reduce DRDGOLD quarter on quarter earnings » SENS - Operating update for the quarter ended 31 March 2021 »
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The initiative has its origins in DRDGOLD’s well-established Broad-based Livelihoods (BBL) Programme. Managed by Umsizi for DRDGOLD, this programme helps thousands of vulnerable people living within DRDGOLD’s operating footprints to use land and immediate opportunities available to them – sometimes just their household yards – to grow healthy food, to generate income, to undertake productive self-employment activities and to run businesses.
The latest BBL Programme video can be viewed here.
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DRDGOLD is a South African gold producer and a world leader in the recovery of gold from the retreatment of surface tailings. Our network of assets is unrivalled in South Africa and, with our consolidated businesses operating as a single entity, is focused on optimising these assets in order to increase gold production.
At the end of FY2018, DRDGOLD provided jobs for 2 304 people, including 878 permanent employees. The remaining 1 426 people worked for the specialist service providers engaged by the company to provide the expertise required for tailings reclamation and tailings dam management. In FY2018, the company produced 150 423oz of gold, generated R2 490.4 million in revenue, spent R1 452.7 million on capital projects (property, plant, equipment, surface) and 191ha of rehabilated land were lodged for clearance for redevelopment. Mineral Resources of 7.3Moz and Mineral Reserves of 3.3Moz were declared
This website, developed by the Minerals Council South Africa which supports and promotes the South African mining industry, provides resources for teachers and learners to reinforce, enhance and extend learning. The content aligns with the Grade 12 Economic Geography of South Africa: Mining section of the South African Department of Basic Education's Curriculum and Assessment Policy Statement (CAPS).