WATCH: How power cuts rained on DRDGold’s parade
Miner DRDGold released its interim results on Wednesday, and power-related problems cut R27m from its interim revenue. The company reported a headline loss of more than R46m, operating profit plunged 54%, while revenue remained flat at R1.25bn. Gold production was down 3%, while reserves shot up 83%. CEO Niël Pretorius joined Business Day TV to discuss the results.
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