Recent Updates — DRD

DRDGOLD Limited disclosed that 510,105 ordinary shares were sold via a pooled on-market transaction on October 27, 2026, generating proceeds of approximately R20.77 million. The sale was triggered by the vesting of long-term incentive awards granted in October 2023, with 60% of performance and retention shares becoming eligible after meeting financial year ended June 2026 conditions. Executive directors, a prescribed officer, company secretary, and subsidiary directors disposed of their vested holdings at a volume-weighted average price of R40.7170 per share. DRDGOLD Limited is a gold mining company operating in South Africa.

For the quarter ended September 30, 2026, DRDGOLD Limited produced 1,307 kg (42,021 oz) of gold, a 10% increase from the prior year period, driven by a 15% improvement in ore yield to 0.212 g/t despite lower tonnage throughput. Revenue increased 31% to R2,950.6 million ($181.2 million), supported by higher gold sales and an average realized price of $4,247 per ounce. Cash operating costs rose 12% to R1,300.7 million ($79.9 million) due to increased reagent, diesel, and labor expenses. The company remains debt-free with cash reserves of R2,451.1 million and indicated it is favorably positioned to consider an interim dividend in February 2027. DRDGOLD Limited operates as a gold mining company based in South Africa.

DRDGOLD Limited filed its Annual Integrated Report for the fiscal year ended June 30, 2026, reporting revenue of R11,159.0 million and operating profit of R6,452.0 million. The company produced 4,839kg (approximately 155,577 ounces) of gold from a resource base of 6.6 million ounces across its Ergo and FWGR operations. Management declared a dividend of 170 cents per share for FY2026, marking the 19th consecutive year of dividend payments. Capital expenditure totaled R3,531.6 million, primarily funding the Vision 2028 growth programme, which includes the DP2 expansion at FWGR and new tailings storage facilities. The company ended the period with a net cash position of R2,770.0 million and zero debt. DRDGOLD Limited is a South African gold producer focused on reclaiming legacy mine tailings.