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Full interview: DRDGOLD boosts a gilded operating profit to $50M

DRDGOLD Limited (NYSE:DRD) CEO Niël Pretorius tells Proactive the South African gold producer has had a six-fold year-over-year increase in the group’s operating profit to $50 million for the six months that ended December 31, 2019.

Pretorius said key drivers for the jump in operating profit were a 33% increase in gold production to 3,037 kg and a 26% rise in the average Rand gold price received.

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Price: 13.97 USD

NYSE:DRD
Market: NYSE
Market Cap: $1.19 billion
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DRDGOLD Limited firms up cash position from push in higher gold price in its...

DRDGOLD Limited (NYSE:DRD) CEO Niel Pretorius tells Proactive that despite a 13% drop in gold output in its fiscal third quarter, the gold tailings retreatment firm sold 47,004 ounces in the three months to end March, which was only 3% lower than the previous quarter. Pretorius says the...

on 05/08/2020

2 min read