CAPITAL MARKETS

Firmer prices, lower costs push DRD profit up

SOUTH African gold miner Durban Roodeport Deep has reported higher earnings than expected on the back of firmer gold prices and lower corporate overheads, the company said in its latest quarterly report.

Greg Tubby
Firmer prices, lower costs push DRD profit up

DRD posted headline earning per share of R15c for the three months to the end of September compared with 4c the previous quarter. "Significant reductions in both corporate and financing costs led to...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.