{"id":10303,"date":"2012-04-26T16:32:30","date_gmt":"2012-04-26T14:32:30","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/update-1-drdgold-says-q3-gold-output-up-3-pct\/"},"modified":"2012-04-26T16:32:30","modified_gmt":"2012-04-26T14:32:30","slug":"update-1-drdgold-says-q3-gold-output-up-3-pct","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/update-1-drdgold-says-q3-gold-output-up-3-pct\/","title":{"rendered":"UPDATE 1-DrdGold says Q3 gold output up 3 pct"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(Adds background, quote)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, April 26 &#8211; DRDGold, South Africa&#8217;s<br \/>\nfourth-largest gold producer, said on Thursday its production<br \/>\nclimbed slightly in the third quarter but headline earnings<br \/>\ndipped as cash operating costs climbed and grades declined.<\/p>\n<p><span><\/span><\/p>\n<p>Gold output in the three months to the end of March rose 3<br \/>\npercent to 34,947 ounces. DRDGold&#8217;s production is focused on<br \/>\nsurface operations and the extraction of gold still contained in<br \/>\nmine dumps surrounding Johannesburg.<\/p>\n<p><span><\/span><\/p>\n<p>Headline earnings per share from continuing operations fell<br \/>\n20 percent to 12 cents in the quarter compared to the previous<br \/>\none. Headline earnings are the main profit gauge in South Africa<br \/>\nand strip out certain one-off items.<\/p>\n<p><span><\/span><\/p>\n<p>Chief executive Niel Pretorius said the company is aiming<br \/>\nto produce between 140,000 and 150,000 ounces a year.<\/p>\n<p><span><\/span><\/p>\n<p>The company said the disposal of its 74 percent interest in<br \/>\nthe troubled Blyvoor operations to junior producer Village Main<br \/>\nReef remained on track.<\/p>\n<p><span><\/span><\/p>\n<p>(Writing by Sherilee Lakmidas; Reporting by Ed Stoddard;<br \/>\nEditing by Jon Herskovitz)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Adds background, quote) JOHANNESBURG, April 26 &#8211; DRDGold, South Africa&#8217;s fourth-largest gold producer, said on Thursday its production climbed slightly in the third quarter but headline earnings dipped as cash operating costs climbed and grades declined. Gold output in the three months to the end of March rose 3 percent to 34,947 ounces. DRDGold&#8217;s production [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10303","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10303"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10303\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}