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DRDGOLD LIMITED - Gold production update for the six months ended 31 December 2019

Release Date: 10/01/2020 09:05
Code(s): DRD     PDF:  
Wrap Text
Gold production update for the six months ended 31 December 2019

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
JSE share code: DRD
NYSE trading symbol: DRD
(“DRDGOLD” or the “Company”)

GOLD PRODUCTION UPDATE FOR THE SIX MONTHS ENDED 31 DECEMBER 2019

DRDGOLD is pleased to announce that it produced slightly more than 3 tonnes of gold
(3,037 kilograms) from its two operations, Ergo and Far West Gold Recoveries (“FWGR”),
for the six months ended 31 December 2019, tracking the higher end of its production
guidance of 190 000 ounces for the year ending 30 June 2020. The gold production of
3,037 kilograms for the six months ended 31 December 2019 represents a 33% increase
on the gold production of 2,280 kilograms for the six months ended 31 December 2018,
mainly as a result of the increased contribution by FWGR.

The information contained in this announcement does not constitute an earnings forecast.
The information provided is the responsibility of the directors of DRDGOLD, and such
information has not been reviewed or reported on by the Company’s auditors.


Johannesburg
10 January 2020

Sponsor
One Capital

Date: 10-01-2020 09:05:00
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