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DRDGOLD reports rise in profit on higher gold price, placing tailings specialist in 'sweet spot'

DRDGOLD reports rise in profit on higher gold price, placing tailings specialist in 'sweet spot'

DRDGOLD Limited (NYSE:DRD) (JSE:DRD) CEO Niel Pretorius tells Proactive full-year 2021 earnings more than double those reported in 2020 and declared a higher final dividend of 40 rand cents per share as it benefitted from a higher rand gold price and managed increases in working costs.

Pretorius says the South Africa-focused mine tailings retreatment specialist increased total gold production by 6% to 5,723 kilograms (kg), reflecting an 11% improvement in throughput. Pretorius also discussed the group's increasing focus on battery metals.

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