DRDGold expects higher Q1 output
JOHANNESBURG (miningweekly.com) – JSE- and NYSE-listed DRDGold expects its gold output for the quarter ended September 30 to have increased by between 5% and 7%, compared with the quarter ended June 30.
Cash operating unit costs, in rand per kilogram terms, were likely to have remained flat quarter-on-quarter, while an increase in cash operating profit of between 45% and 55% was expected.
DRDGold would release its results, along with an update on testwork on the flotation/fine grind circuit at its Ergo plant, on October 24.
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