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Full interview: DRDGOLD Limited pledges support for lockdown in South Africa due to the coronavirus

DRDGOLD Limited (NYSE:DRD) CEO Niël Pretorius tells Proactive the gold producer has pledged its support for the national lockdown declared by South African President Cyril Ramaphosa on Thursday evening to help contain the spread of the coronavirus (COVID-19).

Pretorius says its fortunate to have built up a solid cash position over the last 12 months, and will implement measures over the next few days to temporarily halt production and to place its operations in a state of care and maintenance while maintaining essential services.

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Price: 8.83 USD

NYSE:DRD
Market: NYSE
Market Cap: $756.78 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