In the comparatively dry climate of the South African Highveld, wind-borne dust and sand have always been a significant irritation, especially to residents of the industrial and mining centres of Johannesburg.
[Business Day] -- Gold tailings processor DRDGold did not distribute all its cash to shareholders in the financial year to June because its board of directors was considering whether market conditions favoured a share buyback, CEO Niël Pretorius said on Tuesday.
[Business Report] -- DRDGold has declared a final dividend of 10c a share after bolstering gold production to 150 145 oz, which boosted operating profit 48 percent to R384.3 million in the year to June.
[Mining Weekly] – Surface gold mining company DRDGold, which has R324-million cash on hand after paying a five-times-higher dividend, is considering a buy-back of shares in support of its long-term shareholders.
[Mining Weekly] – Gold dump mining company DRDGold on Tuesday lifted its dividend payout fivefold. In declaring a final dividend of 10c a share in the year ended June 30, the Johannesburg- and New York-listed surface miner dished out its eighth consecutive final dividend on results that CEO Niël Pretorius described as “very satisfactory” for the 2015 financial year.
[SABC Digital News] – Gold producer DRD Gold today announced a final dividend of 10 cents a share. It recorded a 48 percent increase in operating profit to R384 million for the year to June in a strong set of results that bucks the trend on the ailing sector.
[CNBC Africa] – DRDGOLD CEO Niël Pretorius believes gold miners need to sail through the current storm and make sure their businesses are resilient for when the gold cycle turns.
[Miningmx.com] – My morning commute takes me through Brixton and Langlaagte where, 70 years ago, my father and his brothers spent their days racing each other along the alleys and sliding down mine dumps on pieces of corrugated iron.
[BDlive] -- THE installation of a new circuit enabled DRDGold to deliver in March the highest monthly gold production at its Ergo plant since restarting the operation in 2008, the company reported on Thursday.
[Moneyweb] -- ‘We are achieving a cash margin of about R80 000/kg at this stage. So the cash flows are quite robust.’
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Results for the six months ended 31 December 2022 15 February 2023 (PDF - 3.25MB)
Results for the six months ended 31 December 2022 (PDF - 0.36 MB)