6-K 1 drd_update.htm Page 1
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM 6-K
REPORT OF A FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For October 2015
Commission File Number 0-28800
______________________
DRDGOLD Limited
Off Crownwood Road
Crown Mines
South Africa, 2092
(Address of principal executive offices)
______________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F
Form 40-F
Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes
No
If ''Yes'' is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): N/A
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Attached to the Registrant Form 6-K filing for the month of October 2015, incorporated
by reference herein:
Exhibit
99.1
Release dated October 28, 2015, entitled “DRDGOLD PRODUCTION UPDATE.
CHANGE TO BI-ANNUAL REPORTING AND REQUEST FOR SHAREHOLDER DETAILS”.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
DRDGOLD LIMITED
Date: October 28, 2015
By: /s/ Themba Gwebu
Name: Themba Gwebu
Title: Company Secretary
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Exhibit 99.1
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE000058723
NYSE trading symbol: DRD
(“DRDGOLD” or the “Company”)
DRDGOLD PRODUCTION UPDATE, CHANGE TO BI-ANNUAL REPORTING AND REQUEST FOR
SHAREHOLDER DETAILS
Shareholders of DRDGOLD (“Shareholders”) are hereby informed of the following production update for
FY16Q1 compared with FY15Q4:
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an estimated 2% increase in volume throughput;
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an estimated 11% drop in gold production; and
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stable cash operating costs estimated at R75/tonne.
The decrease in gold production is attributed to inventory build-up associated with the introduction of five
new leach tanks in the low grade carbon-in-leach (“CIL”) circuit, and the switch-over from carbon in pulp to
CIL in the high grade Flotation and Fine Grind Section.
DRDGOLD ended FY16Q1 with R300 million in cash and cash equivalents (from R324 million at the end of
FY15Q4) following the payment of the final R23 million instalment toward retiring its DMTN programme.
In line with DRDGOLD's intention to reduce corporate costs, the leads and lags associated with business
improvements and the cyclical nature of certain cost drivers in the South African operating environment, (for
example power supply), management has reviewed DRDGOLD's financial reporting cycle.
Shareholders are therefore advised that DRDGOLD will no longer be reporting on a quarterly basis and
accordingly, the Company will commence in reporting to Shareholders bi-annually. Shareholders will be
provided with interim operating and financial results for the period ending 31 December 2015, as soon as
reasonably possible following the end of the period. The Company may provide trading and operating
updates from time to time, should circumstances require.
In line with DRDGOLD’s intention to reduce corporate costs, Shareholders are requested to update their
contact information with their brokers, in order for the Company to provide Shareholders with
communications via electronic distributions rather than Shareholder communications being printed and
posted.
Crown Mines
28 October 2015
Sponsor
One Capital