DRD, the South African gold producer, expects HEPS up between 85% and 95%, to between 481.2c and 507.2c. Revenue increased 42% to R11.16bn, mainly driven by a 40% increase in the Rand gold price received. Gold production increased 0.2% to 155,577 ounces, while cash operating costs increased 7% to R967,544 per kilogram. Production exceeded the upper guidance range, while costs remained below guidance at approximately R995,000 per kilogram.
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