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DRDGOLD Limited

DRDGOLD touts upside of Far West Gold Recoveries project

DRDGOLD Ltd (NYSE:DRD) (JSE:DRD) CEO Niel Pretorius tells Proactive Investors the gold tailings company is looking forward to the contribution of its Far West Gold Recoveries (FWGR) project in the second half, as it posted results for the six months to the end of December.

Pretiorus says because of interruptions in electricity supply, gold production declined, but the Far West Gold Recoveries project expects phase 1 to be fully commissioned during the first half of calendar 2019 and its contribution showing in the second half.

Quick facts: DRDGOLD Limited

Price: $4.21

Market: NYSE
Market Cap: $289.26 m
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