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DRDGOLD Limited shines in fiscal year revenue and earnings despite pandemic

DRDGOLD Limited (NYSE:DRD) (JSE:DRD) CEO Niel Pretorius tells proactive the group reported higher revenue, earnings and margin in its financial year ended June 2020 as investors turned to gold amid the global pandemic.

Pretorius says despite the problems caused by the coronavirus (COVID-19), the South Africa mine tailings retreatment specialist said its revenue for the 12 months had increased by 52% to R4,185 million (US$251.5 million).

Quick facts: DRDGOLD Ltd

Price: 9.13 USD

NYSE:DRD
Market: NYSE
Market Cap: $779.01 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, 2 days ago

2 min read