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DRDGOLD quarterly results show gold recoveries higher than anticipated in latest results

DRDGOLD quarterly results show gold recoveries higher than anticipated in latest results

DRDGOLD Limited Niel Pretorius joined Proactive to discuss its quarterly results noting recoveries were higher than expected, with quarter-on-quarter gold production increasing by 7% to 1,449 kilograms (kg).

Pretorius says the South Africa-focused mine tailings specialist is pleased with where the group stands including an increase in EBITDA by 16% to 350.8 million rand, due mainly to the 5% increase in gold sold and a 2% increase in the average rand gold price received.