S.Africa’s DRDGold reports rise in Q1 output

Oct. 21, 2010 01:08AM PST

Reuters reports that DRDGold (JNB:DRD) reports a 6 percent rise in first-quarter production.

The market news is quoted as saying:

Gold production for the July-September quarter totalled 65,267 ounces, compared with 61,632 ounces produced in the quarter to end-June this year. The stronger output was largely due to an uptick from production at its Blyvoor mine, the company said. DRDGold reported a diluted headline loss of 0.8 cents for the quarter, compared with a loss of 13.1 cents a year earlier.

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