DRDGold rakes in cash as it funds major expansion
Summary by Miningmx
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1 Articles
DRDGold rakes in cash as it funds major expansion
DRDGold made the most of the booming gold price in the year to end-June pushing operating profits 69% higher even as it funded its major transition to a longer-life operation treating higher volumes of lower-grade material. The company spent R2.2bn in capital expenditure during financial 2025 and estimates it will invest another R7.8bn in the medium-term to achieve its “Vision 2028” strategy. This strategy is planned to increase throughput to 3M…
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