DRDGold production slides, costs rise amidst weather woes

DRDGOLD (JSE:DRD) announced a 12% decrease in gold production to 1,093 kg for the quarter ended March 31, 2025, compared to the previous quarter. The decline is attributed to a 5% fall in tonnage throughput and a 7% decrease in yield, driven by unprecedented wet weather conditions impacting access to reclamation sites. Gold sold also decreased by 13% to 1,109 kg.