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DRDGold expects earnings jump despite decrease in sales

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At its Ergo Mining tailings retreatment operation, work was disrupted by load-shedding, resulting in a 5% decrease in gold sold

A 16% increase in the rand gold price was enough to offset lower sales and push JSE-listed DRDGold’s earnings up almost 20%.

In a trading statement published on Thursday, the company said it expected earnings per share to increase 9%-19%.... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

 

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