PRECIOUS METALS

DRDGold EPS boost

South Africa-based gold producer DRDGold will significantly increase its FY19 earnings per share, despite a delayed start to commercial production at the Far West Gold Recoveries business acquired from Sibanye-Stillwater last year.

DRDGold acquired the Driefontein plant from Sibanye-Stillwater but production was delayed until April

DRDGold acquired the Driefontein plant from Sibanye-Stillwater but production was delayed until April

DRDGold expects to report earnings per share of 11.65-11.95c for the financial year ending June 30, compared with 1.5c for the previous financial year. Headline earnings per share are expected to be between...

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