DRDGOLD Limited (“DRD”), which operates tailings reprocessing operations in South Africa, has released its H1 results for FY26 (June Year-End). Production for the period was 74.28koz (H&Pe 74.7koz) at an All In Sustaining Cost (“AISC”) of US$1,960/oz (H&Pe US$1,853/oz). Revenues for the period were ZAR5,053m (H&Pe ZAR5,373m), EBITDA of ZAR2,095m (H&Pe ZAR2,350m), and NPAT of ZAR1.927bn (ZAR2.2bn). The difference vs our estimates was principally driven by our ZAR:USD assumptions. DRD finished the ....
