DRDGold maintains dividend streak and eyes expansion
Group profit at SA’s biggest producer of gold from tailings fell 47.7% due to higher input costs and lower prices, but it remains confident
16 February 2022 - 08:46
Sibanye-Stillwater-controlled DRDGold says an almost halving of its interim profit has not shaken its faith in its business model, with SA’s biggest producer of gold from tailings dumps proceeding with a dividend for a 15th consecutive year, as well as eyeing expansion into new metals.
Higher costs, including for chemicals, and a lower gold price weighed on the JSE- and New York-listed group in its half-year to end-December...
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