Mining group DRDGold produced and sold less gold in the six months ended December, The price they got for the gold was also a little lower, resulting in the drop in first-half profits. Despite the drop, the gold miner rewarded shareholders with a dividend for a 15th consecutive year, and also announced plans to expand into new metals.
DRDGOLD, which mines gold dumps around Johannesburg, said yesterday it had opted to upgrade its Driefontein 2 mine instead of building a R1bn tailing facility as part of the expansion of its Far West Gold Recoveries (FWGR) near Carletonville.
‘We’d like to … diversify our risk to an extent, but that doesn’t mean reducing the size of our footprint here’: Niël Pretorius – CEO, DRDGold.
Niël Pretorius – uitvoerende hoof, DRDGold.
DRDGold CEO Niël Pretorius talks about the rationale behind declaring an interim dividend of 20 cents per share for the six months ended December 31, 2021.
Business Day TV speaks to DRDGold CEO Niël Pretorius
Group profit at SA’s biggest producer of gold from tailings fell 47.7% due to higher input costs and lower prices, but it remains confident
JOHANNESBURG (miningweekly.com) – Debt-free surface gold mining company DRDGold on Wednesday declared an interim dividend of 20c a share for the six months to end December.
JOHANNESBURG – Debt-free surface gold mining company DRDGold on Wednesday declared an interim dividend of 20c a share for the six months to end December.
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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)