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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: 9.08 USD

NYSE:DRD
Market: NYSE
Market Cap: $776.44 m
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DRDGOLD increases revenue by 40% year-on-year as it maintains 'solid production'

DRDGOLD Limited (NYSE:DRD) (JSE:DRD) CEO Niël Pretorius tells Proactive the South African mine tailings group reported revenue of R2,977.4 million (US$205.2 million). Pretorius says the increase largely due to the higher average Rand gold price received, in addition to the team's priorty on...

2 weeks, 3 days ago

2 min read