DRDGOLD LIMITED - Production update: Approximate 13% rise in gold production
DRD04 DRD 201407210023A
Production update: Approximate 13% rise in gold production
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
Issuer code: DUSM
NYSE trading symbol: DRD
(“DRDGOLD” or the “company”)
PRODUCTION UPDATE: APPROXIMATE 13% RISE IN GOLD PRODUCTION
DRDGOLD shareholders are advised that the company estimates an increase of approximately
13% in gold production for the quarter ended 30 June 2014, compared to the quarter ended 31
March 2014.
Cash operating costs are expected to be down by approximately 6%, while cash and cash
equivalents have increased from R206 million to approximately R210 million.
Chief Executive Officer Niël Pretorius says: "Following the suspension of the flotation and fine
grind (“FFG”) circuit in April, it was important that we stabilise Ergo's carbon in leach circuit. This
circuit is now delivering into call, and we are well positioned to start a three-month test
programme of the FFG in September 2014, after Eskom's winter tariffs come to an end.”
DRDGOLD’s full results for the quarter and year ended 30 June 2014 will be released at or
around 08:00 South African time on Tuesday, 2 September 2014 via SENS and the company’s
website, www.drdgold.com.
Roodepoort
21 July 2014
Sponsor
One Capital
Date: 21/07/2014 02:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
