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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.

Quick facts: DRDGOLD Limited

Price: 9.77 USD

Market: NYSE
Market Cap: $835.45 m

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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...

3 weeks, 1 day ago

2 min read