Cash-gushing DRDGold declares dividend on fourfold rise in operating profit

Surface gold mining company DRDGold on Tuesday declared its thirteenth successive-year dividend distribution on a fourfold-plus increase in group operating profit of R1 562.1-million, a sevenfold-plus headline earnings surge and rocketing market capitalisation. Free cashflow was R926.4-million and market capitalisation soared from R3-billion to R23-billion-plus in the 12 months to June 30.