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DRD - DRDGOLD Limited - DRDGOLD Guidance for the year ended 30 June 2011

Release Date: 15/07/2011 12:08
Code(s): DRD
Wrap Text

DRD - DRDGOLD Limited - DRDGOLD Guidance for the year ended 30 June 2011 DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1895/000926/06) JSE share code: DRD ISIN: ZAE000058723 Issuer code: DUSM Nasdaq trading symbol: DROOY ("DRDGOLD") DRDGOLD GUIDANCE FOR THE YEAR ENDED 30 JUNE 2011 Shareholders are advised that DRDGOLD expects its group gold production for the year ended 30 June 2011 (FY2011) to be about 10% higher than in the previous year, at around 265 200oz. Cash operating unit costs for FY2011 are expected to be about 8% higher. It is estimated that capital expenditure for FY2011 will be about 70% higher than the previous year, reflecting the continued development of the Crown/Ergo pipeline. The information contained in this announcement has not been reviewed or reported on by DRDGOLD`s auditors. The detailed report for the quarter and year ended 30 June 2011 will be released to the market on or about 26 August 2011. Roodepoort 15 July 2011 Sponsor One Capital Date: 15/07/2011 12:08:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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