DRDGOLD Ltd. Issues Q1 2025 Operating Update
Ticker: DRDGF · Form: 6-K · Filed: Oct 17, 2024 · CIK: 1023512
| Field | Detail |
|---|---|
| Company | Drdgold LTD (DRDGF) |
| Form Type | 6-K |
| Filed Date | Oct 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: operating-update, mining, sec-filing
TL;DR
DRDGOLD dropped a Q1 2025 operating update, no numbers yet.
AI Summary
DRDGOLD Limited released an operating update for the quarter ended September 30, 2024, on October 17, 2024. The report, filed as a Form 6-K, provides an overview of the company's performance during the first quarter of its 2025 fiscal year. The filing does not contain specific financial figures or operational metrics for this period.
Why It Matters
This update provides stakeholders with a snapshot of DRDGOLD's operational status at the beginning of its fiscal year, which can influence investment decisions.
Risk Assessment
Risk Level: low — This filing is a routine operating update and does not contain significant new financial information or strategic changes that would immediately alter the company's risk profile.
Key Players & Entities
- DRDGOLD Limited (company) — Filer of the report
- October 17, 2024 (date) — Date of the report filing and release
- September 30, 2024 (date) — End of the reporting quarter
- 0001023512-24-000033 (other) — Accession number for the filing
FAQ
What is the primary purpose of this Form 6-K filing?
The primary purpose of this Form 6-K filing is to provide an operating update for DRDGOLD Limited for the quarter ended September 30, 2024.
When was this operating update released?
The operating update was released on October 17, 2024.
What fiscal period does this update cover?
This update covers the quarter ended September 30, 2024, which is the first quarter of DRDGOLD Limited's 2025 fiscal year.
Does the filing contain specific financial results for the quarter?
The provided text indicates it is an 'OPERATING UPDATE' and does not explicitly state specific financial results within the excerpt.
What is the company's principal executive office address listed in the filing?
The principal executive offices are located at Constantia Office Park, Cnr 14th Avenue and Hendrik Potgieter Road, Cycad House, Building 17, Ground Floor, Weltevreden Park 1709.
Filing Stats: 877 words · 4 min read · ~3 pages · Grade level 10.3 · Accepted 2024-10-17 10:42:55
Filing Documents
- operatingupdateq1_2025.htm (6-K) — 50KB
- 0001023512-24-000033.txt ( ) — 51KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DRDGOLD LIMITED Date October 17, 2024 By s Riaan Davel Name Riaan Davel Title Chief Financial Officer Exhibit 99.1 DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 189500092606) ISIN ZAE000058723 JSE A2X share code DRD NYSE trading symbol DRD (" DRDGOLD " or the " Company ") OPERATING UPDATE FOR THE QUARTER ENDED 30 SEPTEMBER 2024 The operating update of the Company for the quarter ended 30 September 2024 is as follows QUARTER ENDED QUARTER ENDED % 30 SEP 2024 30 JUN 2024 change Production Gold produced kg 1,319 1,229 7% oz 42,407 39,481 7% Gold sold kg 1,289 1,236 4% oz 41,442 39,738 4% Ore milled Metric (000't) 6,547 5,773 13% Yield Metric (gt) 0.201 0.213 (6%) Price and costs Average gold price received R per kg 1,427,503 1,395,607 2% US$ per oz 2,471 2,339 6% Adjusted EBITDA * Rm 680.8 584.1 17% US$m 37.9 31.5 20% Cash operating costs Rt 176 188 (6%) US$t 10 10 —% Cash operating costs R per kg 856,723 889,736 (4%) US$ per oz 1,483 1,491 (1%) All-in sustaining costs ** R per kg 933,686 982,448 (5%) US$ per oz 1,616 1,646 (2%) All-in costs ** R per kg 1,152,406 2,605,836 (56%) US$ per oz 1,995 4,367 (54%) Capital expenditure Sustaining Rm 38.1 72.3 (47%) US$m 2.1 3.9 (46%) Non-sustaininggrowth Rm 275.6 2,001.1 (86%) US$m 15.3 107.8 (86%) Average RUS$ exchange rate 17.97 18.56 (3%) Rounding of figures may result in computational discrepancies * A djusted earnings before interest, taxes, depreciation and amortisation (" Adjusted EBITDA ") may not be comparable to similarly titled measures of other companies. Adjusted EBITDA is not a measure of performance under International Financial Reporting Standards (IFRS) and should be considered in addition to, and not as a substitute for