DRD - DRDGold Limited - DRDGold guidance for December 2010 quarter
DRD
DRDD
DRD - DRDGold Limited - DRDGold guidance for December 2010 quarter
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
("DRDGOLD")
DRDGOLD GUIDANCE FOR DECEMBER 2010 QUARTER
Johannesburg, South Africa, 21 January 2011: DRDGOLD Limited (JSE: DRD;
NASDAQ: DROOY) announced today that it expects its Group gold production for
the quarter ended 31 December 2010 to be about 6% higher than in the previous
quarter, at around 69 400oz due to steady performance at the Crown and Ergo
surface retreatment operations and an improved performance at the Blyvoor
underground operation.
Cash operating costs are expected to be about 11% lower, a consequence of
higher gold production and a quarter free of power utility Eskom`s higher
winter tariff.
It is estimated that capital expenditure will be about 31% higher, reflecting
development of the Crown-Ergo pipeline.
The information contained in this announcement has not been reviewed or
reported on by DRDGOLD`s auditors. The detailed report for the quarter and
half year ended 31 December 2010 will be released to the market on or about 10
February 2011.
Roodepoort
21 January 2011
Sponsor
One Capital
Date: 21/01/2011 08:00:01 Produced by the JSE SENS Department.
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