DRD hammered on strong rand

SOUTH African gold miner DRDGOLD says improved efficiencies at its local operations have failed to offset the impact of a strengthening rand, with the company posting a headline loss of R159.1 million for the December half.

DRD hammered on strong rand DRD hammered on strong rand DRD hammered on strong rand DRD hammered on strong rand DRD hammered on strong rand

The cash operating profit of R107.2 million for the half was down R84.9 million on the June half.

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