
Lower bullion prices, higher costs weigh on DRDGold's annual earnings
Lungelo Mpangase
9 min
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DRDGold had a tough annual period. Lower gold prices and increased operating costsåç have led to a profit knock of 22% while headline earnings per share tumbled by a similar margin. The miner slashed its total dividend for the period by a quarter to 60 cents. Business Day TV dug through the performance with CEO Niël Pretorius.
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Lower bullion prices, higher costs weigh on DRDGold's annual earnings
Lungelo Mpangase