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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: 7.39 USD

NYSE:DRD
Market: NYSE
Market Cap: $638.93 m
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Full interview: DRDGOLD CEO says 'really good quarter' overall with 5% lift...

DRDGOLD Limited (JSE:DRD) (NYSE:DRD) CEO Niel Pretorius notes that the South African gold producer reported a 5% increase in gold production to 1,493 kilogram in output for the quarter ended September 30 compared with the three months to June. Pretorius tells Proactive the good production...

on 10/29/2019

2 min read