DRDGOLD hurt by higher costs
DRDGOLD hurt by higher costs

DRDGOLD hurt by higher costs

Lungelo Mpangase

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DRDGold’s first-half profit slumped by nearly 48%.The miner has cited higher input costs, particularly for chemicals used in the separation process as the firm produces gold from tailings dumps. Lower prices also weighed as the average basket price received during the term declined by 13%. Business Day TV unpacked the performance with CEO Niël Pretorius.

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