JOHANNESBURG (Business Day) -- DRDGold [Nasdaq:DROOY] announces gold production falls 4% to just north of 4,000 kilograms (130,547 ounces) during the three months to the end of December 2005, with diverse performances from the different operations. DRDGold Chief Executive Mark Wellesley-Wood is on the line from Australia.
Offshore Units Make Up Fall in DRDGold's Local Output
By Charlotte Mathews 31 Jan 2006 at 09:59 AM EST
CAPE TOWN (Business Day) -- Production declined in the December quarter at almost all the South African and Australasian mines in which DRDGold [Nasdaq:DROOY] has an interest because of yield variations and operational issues, the group said yesterday.
But the group’s overall production was only marginally lower because a change in the shareholding structure for ERPM and Crown Gold Recoveries meant that DRDGold accounted for all production as opposed to only a 40% attributable portion previously.