DRDGold hits the wall in its third quarter
Ebitda slumps by a third on a weaker gold price and lower sales, overshadowing a stellar first half
05 May 2021 - 17:35
SA’s leading gold tailings retreatment specialist DRDGold said its third quarter financials took a hit from lower gold production and prices, tempering what had been a promising year, but it remained committed to paying a final dividend.
DRDGold paid an interim dividend of 40c a share and its board remained confident it would continue its run of final dividends that remained unbroken for 14 years, the company said on Wednesday...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.