Production at one of the world’s largest gold tailings retreatment companies, DRDGold, edged higher in the latest quarter following a higher yield and it remains in a “favourable” position to pay a final dividend in August.

The company, valued at R20.97bn on the JSE, reported production rose 4% to 1,329kg in the three months to end-March as the yield increased to 0.030g/tonne from 0.255g/tonne, which lowered the cash operating costs per kilogram slightly to R691,061/kg...

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