DRDGOLD provides March quarter guidance

DRDGOLD announced that it expects its group gold production for the quarter ended 31 March 2011 to be about 3% lower than in the previous quarter, at around 67 400oz. Cash operating unit costs are expected to be about 6% higher, a consequence of lower gold production. It is estimated that capital expenditure will be about 11% higher than the previous quarter ended 31 December 2010, reflecting the continued development of the Crown/Ergo pipeline. The detailed report for the quarter and half year ended 31 March 2011 will be released to the market on or about 19 April 2011.

2011-04-06 08:03:21