Gold sold increased by 60% to 1 522kg.
As a result, cash operating costs per kilogram of gold sold decreased by 10% to R489 750/kg. Cash operating costs per ton of material processed increased by 2% to R104/t.
All-in sustaining costs per kilogram and all-in costs per kilogram were R588 239/kg (R579 180/kg) and R613 206/kg (R597 371/kg) respectively, the increases due mainly to a rise in sustaining capital expenditure.
Adjusted EBITDA increased by 110% to R770.4 million, due primarily to the increase in gold sold and a 6% increase in the average Rand gold price received to R1 029 893/kg.
Cash and cash equivalents increased by R300.1 million to R2 015.2 million after paying the final dividend for the year ended
External borrowings remained at Rnil.
The cash generated during the current quarter will be applied towards the company's extended capital expenditure programme for the year ended
The information contained in this announcement does not constitute an earnings forecast. The financial information provided is the responsibility of the directors of
Note to editors: the full operating update is available on SENS and the company's website, www.drdgold.com
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