To view the PDF file, sign up for a MySharenet subscription.

DRDGOLD LIMITED - Production update: 5%-7% rise in gold production expected

Release Date: 01/10/2014 16:52
Code(s): DRD04 DRD     PDF:  
Wrap Text
Production update: 5%-7% rise in gold production expected

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
Interest Rate Issuer code: DRDI
ISIN: ZAE000058723
Issuer code: DUSM
NYSE trading symbol: DRD
("DRDGOLD" or the "company")


PRODUCTION UPDATE: 5%-7% RISE IN GOLD PRODUCTION EXPECTED

DRDGOLD shareholders are advised that the company expects an increase of between 5% and
7% in gold production for the quarter ended 30 September 2014, compared to the quarter
ended 30 June 2014.

Cash operating unit costs (R/kg) are likely to have remained flat quarter on quarter.

An increase in cash operating profit of between 45% and 55% is expected.

Chief Executive Officer Niël Pretorius says the company is satisfied with the overall
performance of the Ergo Plant.

DRDGOLD´s full results for the quarter, including an update on test work on the floatation and
fine-grind circuit, will be released at or around 08:00 South African time on
Friday, 24 October 2014 via SENS and the company´s website, www.drdgold.com.

Roodepoort
1 October 2014

Sponsor and Debt Sponsor
One Capital

Date: 01/10/2014 04:52:00 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.

Share This Story