DRDGold’s Q2 production down 5% q/q

DRDGold’s production decreased by 5% quarter-on-quarter in the second quarter ended December 31, primarily as a result of an 8% drop in tonnage throughput. The lower throughput from Ergo Mining, a joint venture between DRDGold and Mintails, was mainly the result of power interruptions experienced over 11 days during the second quarter, caused by a fire at an Eskom substation, a lightning strike on the Brakpan tailings complex transformer yard and load-shedding by the Johannesburg metropolitan municipality.