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Thu 20 Aug 2026
Close: 4 752c 
Day's move: 287c (6.43%)
Volume: 2 414 167
Trades: 3 098
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DRDGOLD - changes to board committees
The Board has resolved to disband the Investment Committee with effect from Tuesday, 1 September 2026.
The Board has further approved the following appointments to Board committees, with effect from Tuesday, 1 September 2026:
Mr Mark Hoffman, an independent non-executive director of the Company, will be appointed as a member of the:
•Audit Committee;
•Remuneration Committee; and
•Social and Ethics Committee.
Mr Andrew Brady, a non-executive director of the Company, will be appointed as a member of the:
•Remuneration Committee; and
•Social and Ethics Committee.
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DRDGOLD - trading statement and trading update
DRDGOLD is in the process of finalising its financial results for the year ended 30 June 2026 ("Current Reporting Period") and DRDGOLD shareholders are accordingly advised that the Company is reasonably certain that, for the Current Reporting Period, it will report:
• earnings per share ("EPS") of between 481.4 cents and 507.4 cents compared to EPS of 260.1 cents for the year ended 30 June 2025 ("Previous Corresponding Period"), being an increase of between 85% and 95%; and
• headline earnings per share ("HEPS") of between 481.2 cents and 507.2 cents compared to HEPS of 260.6 cents for the Previous Corresponding Period, being an increase of between 85% and 95%.
Revenue
Group revenue increased by R3 280.8 million, or 42%, to R11 159.0 million (FY2025: R7 878.2 million), primarily as a result of a 40% increase in the Rand gold price received and a marginal 1% increase in gold sold from 4 818kg to 4 865kg.
Cash operating costs
Group cash operating costs increased by 8% to R4 712.4 million (FY2025: R4 372.7 million).
Operational performance outlook
Gold production of 155 577 ounces exceeded the upper end of the guidance range by more than 5 500 ounces, reflecting strong operational performances from both Ergo and FWGR. In addition, cash operating costs of R967 544/kg remained below the guidance of approximately R995 000/kg for the year ended 30 June 2026, demonstrating the Group's disciplined cost management and operational efficiency despite inflationary cost pressures.
Capital expenditure
Cash capital expenditure increased by R1 276.7 million, or 57%, to R3 531.6 million (FY2025: R2 254.9 million), primarily reflecting expenditure incurred in the execution of the core projects underpinning Vision 2028.
Liquidity
As at 30 June 2026, DRDGOLD held R2 770.0 million in cash and cash equivalents (FY2025: R1 306.2 million), the increase in cash and cash equivalents was after paying dividends of R779.3 million (FY2025: R431.0 million) and capital expenditure as detailed above.
The reviewed condensed consolidated financial statements for the year ended 30 June 2026 are expected to be published on SENS on or about Wednesday, 19 August 2026.
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DRDGOLD - appointment of director
The company appointed Mark Hoffman as an independent non-executive director, effective 1 August 2026.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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