6-K 1 operatingupdate.htm 6-K operatingupdate
 
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 August 2020
 
Commission File Number 0-28800
______________________
 
DRDGOLD Limited
 
Constantia Office Park
Cnr 14th Avenue and Hendrik Potgieter Road
Cycad House, Building 17, Ground Floor
Weltevreden Park
 
South Africa, 1709
 
(
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
 
 
 
Attached to the Registrant Form 6-K filing for the month of August 2020, incorporated by
reference herein:
 
Exhibit
 
99.1 Release dated August 5,
 
2020, “OPERATING
 
UPDATE
 
FOR THE YEAR ENDED
 
30 JUNE
2020”
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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: August 5, 2020 By:
 
/s/ Riaan Davel
 
Name: Riaan Davel
 
Title: Chief Financial Officer
 
 
 
 
 
 
 
 
 
 
 
 
Exhibit 99.1
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ISIN: ZAE000058723
JSE share code: DRD
NYSE trading symbol: DRD
(“
DRDGOLD
” or the “
Company
”)
OPERATING UPDATE
 
FOR THE YEAR ENDED 30 JUNE 2020
Shareholders are
 
advised that
 
DRDGOLD produced
 
5,424 kilograms
 
(174,385 ounces)
 
of gold
 
from its
 
two
operations for the year ended
 
30 June 2020, representing a
 
year on year increase of
 
9% compared to the gold
production of 4,977 kilograms
 
for the year ended
 
30 June 2019. The
 
increase is mainly attributable
 
to a larger
contribution from Far West
 
Gold Recoveries. DRDGOLD had earlier
 
provided guidance of expected production
of between of 175,000
 
and 190,000 ounces, however,
 
interruptions to its operations
 
as a result of
 
the national
lockdown declared by the South African government in response to the COVID-19 pandemic caused production
to come in marginally below the estimated range.
 
The Company also expects cash operating costs per kilogram to be in line with its guidance of R490,000/kg.
DRDGOLD’s cash and cash equivalents as at 30 June 2020 was
 
R1,715.1 million, after paying a cash dividend
of R213.8 million in June 2020, and it remains free of bank debt as at 30 June 2020.
The information contained in this announcement does not constitute an earnings forecast. The financial
information provided
 
is the
 
responsibility of
 
the directors
 
of DRDGOLD,
 
and such
 
information has
 
not been
reviewed or reported on by the Company’s auditors.
 
Johannesburg
5 August 2020
 
Sponsor
One Capital