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DRDGold posts higher H1 profit, output

Despite incurring a 15% increase in total cash operating costs for the six months ended December 31, surface gold miner DRDGold achieved a 1% increase in operating profit to R165.9-million, compared with the R164.1-million recorded for the six months to December 2014. Speaking at a presentation of DRDGold’s interim, on Tuesday, CEO Niël Pretorius highlighted that the company had declared an interim dividend of 12c a share.