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Power outages lower DRDGold’s H1 output

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Miner, DRDGold released its interim results today reporting a headline loss of over R46 million, operating profit plunged by 54% while revenue remained flat at R1.25 billion. Gold production fell by 3% while reserves shot up by 83% with the company upping its full-year output target to between 157 and 165 thousand ounces but with the risk that Eskom now poses, will this be achieved? Niël Pretorius, CEO of DRDGold joins us for perspective on the numbers.
13 Feb 2019 1AM English South Africa Business · Business News

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