Drdgold
Mining companyWikipedia
10
MENTIONS
7
EPISODES
4
PODCASTS
Search complete. 10 mentions across 7 episodes found for "Drdgold".
Sep 2, 2026
Martin CreamerNARRATOR
Driefontein was roughly flat year on year.
Martin CreamerNARRATOR
Cook was up 11% on third-party material, and DRD Gold produced 2.5 tonnes of gold, up 10% on yield.
Martin CreamerNARRATOR
The future we're all aiming at is a shallower, lower-risk, higher-margin gold portfolio, Cox highlighted.
Martin CreamerNARRATOR
If there's one measure to tell you how well your business is doing, it's safety.
Richard StewartGUEST
But what we are seeing is a pivot in our gold operations or a transformation actually over a bit of time to more shallower production.
Richard StewartGUEST
That includes our exposure to DRD gold.
Richard StewartGUEST
who is a surface miner.
Richard StewartGUEST
We own just over 50% of DRD, as well as our own surface operations.
Bruce WhitfieldHOST
Helena is the business editor at News 24.
Bruce WhitfieldHOST
[upbeat music] Well, DRDGold makes a fortune out of processing old mine dumps and extracting tiny amounts of gold from millions of tons of rock and earth that were mined decades ago.
Bruce WhitfieldHOST
It helps that the gold price has been over $4,000 an ounce over the past year.
Bruce WhitfieldHOST
Uh, this is, what? 2.5 million rand a kilogramme.
Stephen GrootesHOST
Chris, good evening.
Stephen GrootesHOST
Well, obviously, very strong results from DRD Gold.
Chris StewartGUEST
Yes, good evening, Stephen.
Chris StewartGUEST
I think DRD Gold would have struggled not to go up today, given the movements in the gold price and some of the news we've seen out of the US.
Chris StewartGUEST
Nonetheless, it was a strong set of results, earnings up almost 90%.
Chris StewartGUEST
And, you know, apart from the fact that they were obviously supported by a considerably higher gold price over the period, it was also solid operational delivery.
Chris StewartGUEST
And that's what drove our market up, I think, 2% odd by the close today.
Chris StewartGUEST
And that, in fact, 2.4% on the all share index at the close.
Jimmy MoyahaHOST
Let's get you up to date.
Jimmy MoyahaHOST
[upbeat music] Coming up on the show today, we take a look at the latest results out of DRDGold.
Jimmy MoyahaHOST
We speak to the company's chief executive, Neil Pretorius, and get a sense of the performance of that business.
Jimmy MoyahaHOST
Then we have a conversation taking a look at the, uh, extension of the Agoa agreement by the United States to 2028.
10 MINS LATER
Jimmy MoyahaHOST
T's and C's apply.
speaker_3UNKNOWN
SFM market update with Jimmy Muhaja.
Jimmy MoyahaHOST
DRDGold, the mining company that has been in existence for a little over 130 years, currently listed on both the Johannesburg Stock Exchange as well as the New York Stock Exchange, released their results for their full year.
Jimmy MoyahaHOST
The full year ended 30 June 2026.
Jimmy MoyahaHOST
May the gold price continue to give you these sorts of returns.
Jimmy MoyahaHOST
Neal Pretorius, chief executive officer at DRD Gold, joining us to reflect on the year that was.
speaker_0NARRATOR
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Jimmy MoyahaHOST
Uh, if I'm looking at the, kind of the monthly chart on that, $4,000 a finance was the best support level we could have seen.
Jimmy MoyahaHOST
Our gold mining stocks have reported numbers last week was DRD Gold.
Jimmy MoyahaHOST
They're benefiting from the more than double oil pri- uh, gold price that we saw compared to, I, I wanna say this time last year or so.
Jimmy MoyahaHOST
Um, markets finally showing gold some love amidst all of these tensions.