<SEC-DOCUMENT>0001023512-20-000017.txt : 20201027
<SEC-HEADER>0001023512-20-000017.hdr.sgml : 20201027
<ACCEPTANCE-DATETIME>20201027060826
ACCESSION NUMBER:		0001023512-20-000017
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20201027
FILED AS OF DATE:		20201027
DATE AS OF CHANGE:		20201027

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DRDGOLD LTD
		CENTRAL INDEX KEY:			0001023512
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35387
		FILM NUMBER:		201261953

	BUSINESS ADDRESS:	
		STREET 1:		45 EMPIRE ROAD
		STREET 2:		PARKTOWN
		CITY:			JOHANNESBURG
		STATE:			T3
		ZIP:			2193
		BUSINESS PHONE:		27113817800

	MAIL ADDRESS:	
		STREET 1:		PO BOX 390
		STREET 2:		MARAISBURG
		CITY:			JOHANNESBURG
		STATE:			T3
		ZIP:			1700

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DURBAN ROODEPOORT DEEP LTD
		DATE OF NAME CHANGE:	19960924
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>operatingupdate.htm
<DESCRIPTION>6-K
<TEXT>
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<div id="a0" style="position:absolute;left:68px;top:60.4px;">&#160;</div><div id="a1" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:224.507px;top:94.7px;">SECURITIES AND EXCHANGE COMMISSION </div><div id="a10" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:313.987px;top:113.1px;">Washington, D.C. 20549</div><div id="a15" style="position:absolute;font-family:Times New Roman;font-size:16px;left:479.773px;top:113.1px;">&#160;</div><div id="a16" style="position:absolute;font-family:Times New Roman;font-size:16px;left:308.867px;top:131.5px;">______________________ </div><div id="a18" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:149.9px;">&#160;</div><div id="a19" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:357.507px;top:168.3px;">FORM 6-K </div><div id="a25" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:186.7px;">&#160;</div><div id="a26" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:234.307px;top:205.1px;">REPORT OF A FOREIGN PRIVATE<div style="display:inline-block;width:7.91px">&#160;</div>ISSUER </div><div id="a38" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:251.747px;top:223.5px;">PURSUANT TO RULE 13a-16 OR 15d-16 </div><div id="a54" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:200.667px;top:241.9px;">UNDER THE SECURITIES EXCHANGE ACT OF 1934 </div><div id="a68" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:260.3px;">&#160;</div><div id="a69" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:336.387px;top:278.7px;">For October 2020 </div><div id="a75" style="position:absolute;font-family:Times New Roman;font-size:16px;left:396.893px;top:297.1px;">&#160;</div><div id="a76" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:280.547px;top:315.5px;">Commission File Number 0-28800 </div><div id="a86" style="position:absolute;font-family:Times New Roman;font-size:16px;left:308.867px;top:333.9px;">______________________ </div><div id="a88" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:352.3px;">&#160;</div><div id="a89" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:326.787px;top:370.7px;">DRDGOLD Limited </div><div id="a93" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:389.1px;">&#160;</div><div id="a94" style="position:absolute;font-family:Times New Roman;font-size:16px;left:323.587px;top:407.5px;">Constantia Office Park </div><div id="a100" style="position:absolute;font-family:Times New Roman;font-size:16px;left:250.147px;top:425.9px;">Cnr 14th Avenue and Hendrik Potgieter Road </div><div id="a114" style="position:absolute;font-family:Times New Roman;font-size:16px;left:264.227px;top:444.3px;">Cycad House, Building 17, Ground Floor </div><div id="a126" style="position:absolute;font-family:Times New Roman;font-size:16px;left:339.267px;top:462.7px;">Weltevreden Park </div><div id="a130" style="position:absolute;font-family:Times New Roman;font-size:16px;left:333.667px;top:481.1px;"><div style="display:inline-block;width:4px">&#160;</div>South Africa, 1709 </div><div id="a137" style="position:absolute;font-family:Times New Roman;font-size:16px;left:396.893px;top:499.5px;">&#160;</div><div id="a138" style="position:absolute;font-family:Times New Roman;font-size:16px;left:271.587px;top:517.9px;">(</div><div id="a139" style="position:absolute;font-family:Times New Roman;font-size:16px;font-style:italic;left:276.867px;top:517.9px;">Address of principal executive offices</div><div id="a148" style="position:absolute;font-family:Times New Roman;font-size:16px;left:516.733px;top:517.9px;">) </div><div id="a150" style="position:absolute;font-family:Times New Roman;font-size:16px;left:308.867px;top:536.3px;">______________________ </div><div id="a152" style="position:absolute;font-family:Times New Roman;font-size:16px;left:396.893px;top:554.7px;">&#160;</div><div id="a153" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:573.1px;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-</div><div id="a189" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:591.5px;">F or Form 40-F. </div><div id="a199" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:610px;">&#160;</div><div id="a200" style="position:absolute;font-family:Times New Roman;font-size:16px;left:287.587px;top:628.4px;">Form 20-F </div><div 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<div id="a343" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:68px;top:60.8px;">Attached to the Registrant Form 6-K filing for the month of October 2020, incorporated by </div><div id="a376" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:68px;top:79.2px;">reference herein: </div><div id="a380" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:97.6px;">&#160;</div><div id="a381" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:68px;top:118.7px;">Exhibit </div><div id="a383" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:139.8px;"><div style="display:inline-block;width:4px">&#160;</div></div><div id="a385" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:163.8px;">99.1     Release dated October 27,<div style="display:inline-block;width:5.9px">&#160;</div>2020, &#8220;OPERATING<div style="display:inline-block;width:6.59px">&#160;</div>UPDATE<div style="display:inline-block;width:6.18px">&#160;</div>FOR THE QUARTER<div style="display:inline-block;width:6.42px">&#160;</div>ENDED 30 </div><div id="a414" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:184.9px;">SEPTEMBER 2020&#8221;<div style="display:inline-block;width:3.98px">&#160;</div></div><div id="a420" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:219.5px;">&#160;</div><div id="a421" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:253.9px;">&#160;</div><div id="a422" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:285.7px;">&#160;</div><div id="a423" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:317.4px;">&#160;</div><div id="a424" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:349.1px;">&#160;</div><div id="a425" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:381px;">&#160;</div><div id="a426" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:412.7px;">&#160;</div><div id="a427" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:444.3px;">&#160;</div><div id="a428" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:476.2px;">&#160;</div><div id="a429" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:507.9px;">&#160;</div><div id="a430" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:539.5px;">&#160;</div><div id="a431" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:571.2px;">&#160;</div><div id="a432" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:603.1px;">&#160;</div><div id="a433" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:634.8px;">&#160;</div><div id="a434" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:666.5px;">&#160;</div><div id="a435" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:698.3px;">&#160;</div><div id="a436" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:730px;">&#160;</div><div id="a437" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:761.7px;">&#160;</div><div id="a438" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:396.893px;top:793.5px;">&#160;</div><div id="a439" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:68px;top:825.2px;"><div style="display:inline-block;width:192.07px">&#160;</div></div></div>
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<div id="a441" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:344.867px;top:60.8px;">SIGNATURES </div><div id="a443" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:92.4px;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused </div><div id="a475" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:110.9px;">this report to be signed on its behalf by the undersigned, thereunto duly authorized. </div><div id="a503" style="position:absolute;font-family:Times New Roman;font-size:16px;left:380.093px;top:142.7px;">&#160;</div><div id="a504" style="position:absolute;font-family:Times New Roman;font-size:16px;left:380.093px;top:174.4px;">DRDGOLD LIMITED </div><div id="a508" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:206.1px;">Date: October 27, 2020                                        By:<div style="display:inline-block;width:6px">&#160;</div>/s/ Riaan Davel </div><div id="a526" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:224.5px;"><div style="display:inline-block;width:352.09px">&#160;</div>Name: Riaan Davel </div><div id="a534" style="position:absolute;font-family:Times New Roman;font-size:16px;left:68px;top:242.9px;"><div style="display:inline-block;width:352.09px">&#160;</div>Title: Chief Financial Officer </div><div id="a545" style="position:absolute;left:568.933px;top:260.9px;">&#160;</div><div id="a546" style="position:absolute;left:68px;top:292.1px;">&#160;</div><div id="a547" style="position:absolute;left:68px;top:326px;">&#160;</div><div id="a548" style="position:absolute;left:68px;top:359.9px;">&#160;</div><div id="a549" style="position:absolute;left:68px;top:393.9px;">&#160;</div><div id="a550" style="position:absolute;left:68px;top:427.8px;">&#160;</div><div id="a551" style="position:absolute;left:68px;top:461.7px;">&#160;</div><div id="a552" style="position:absolute;left:68px;top:495.7px;">&#160;</div><div id="a553" style="position:absolute;left:568.933px;top:529.7px;">&#160;</div><div id="a554" style="position:absolute;left:568.933px;top:560.9px;">&#160;</div></div>
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<div id="a555" style="position:absolute;font-family:Times New Roman;font-size:16px;font-weight:bold;left:568.933px;top:60.8px;">Exhibit 99.1 </div><div id="a559" style="position:absolute;font-family:Arial;font-size:13.28px;font-weight:bold;left:334.627px;top:79.1px;">DRDGOLD LIMITED </div><div id="a563" style="position:absolute;font-family:Arial;font-size:13.28px;left:263.427px;top:96.7px;">(Incorporated in the Republic of South Africa) </div><div id="a577" style="position:absolute;font-family:Arial;font-size:13.28px;left:282.307px;top:114.4px;">(Registration number 1895/000926/06) </div><div id="a583" style="position:absolute;font-family:Arial;font-size:13.28px;left:333.827px;top:132.1px;">ISIN: ZAE000058723 </div><div id="a587" style="position:absolute;font-family:Arial;font-size:13.28px;left:331.587px;top:149.7px;">JSE share code: DRD </div><div id="a595" style="position:absolute;font-family:Arial;font-size:13.28px;left:315.267px;top:167.3px;">NYSE trading symbol: DRD </div><div 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operating<div style="display:inline-block;width:3.97px">&#160;</div>update of the Company for the quarter ended 30 September<div style="display:inline-block;width:5.29px">&#160;</div>2020 is as follows: </div><div id="a671" style="position:absolute;font-weight:bold;left:467.773px;top:289.9px;">Quarter ended </div><div id="a673" style="position:absolute;font-weight:bold;left:567.813px;top:289.9px;">Quarter ended </div><div id="a680" style="position:absolute;font-weight:bold;left:484.413px;top:309.9px;">30 SEP 2020 </div><div id="a682" style="position:absolute;font-weight:bold;left:582.213px;top:309.9px;">30 JUN 2020 </div><div id="a684" style="position:absolute;font-weight:bold;left:664.133px;top:309.9px;">% change </div><div id="a687" style="position:absolute;font-weight:bold;left:95.712px;top:329.9px;">Production </div><div id="a695" style="position:absolute;left:95.712px;top:349.9px;">Gold produced </div><div id="a699" style="position:absolute;left:342.787px;top:349.9px;">kg 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style="position:absolute;left:342.787px;top:403.8px;">oz </div><div id="a735" style="position:absolute;left:513.693px;top:403.8px;">48,934 </div><div id="a737" style="position:absolute;left:613.733px;top:403.8px;">30,576 </div><div id="a739" style="position:absolute;left:696.32px;top:403.8px;">60% </div><div id="a742" style="position:absolute;left:95.712px;top:421.9px;">Ore milled </div><div id="a745" style="position:absolute;left:342.787px;top:421.9px;">Metric (000&apos;t)<div style="display:inline-block;width:3.16px">&#160;</div></div><div id="a747" style="position:absolute;left:521.053px;top:421.9px;">7,260 </div><div id="a749" style="position:absolute;left:621.093px;top:421.9px;">5,737 </div><div id="a751" style="position:absolute;left:696.32px;top:421.9px;">27% </div><div id="a754" style="position:absolute;left:95.712px;top:439.8px;">Yield </div><div id="a757" style="position:absolute;left:342.787px;top:439.8px;">Metric (g/t) </div><div id="a759" style="position:absolute;left:521.053px;top:439.8px;">0.209 </div><div id="a761" style="position:absolute;left:621.093px;top:439.8px;">0.181 </div><div id="a763" style="position:absolute;left:696.32px;top:439.8px;">15% </div><div id="a773" style="position:absolute;font-weight:bold;left:95.712px;top:477.9px;">Price and costs </div><div id="a781" style="position:absolute;left:95.712px;top:497.9px;">Average gold price received </div><div id="a785" style="position:absolute;left:342.787px;top:497.9px;">R per kg </div><div id="a787" style="position:absolute;left:495.133px;top:497.9px;">1,029,893 </div><div id="a789" style="position:absolute;left:606.213px;top:497.9px;">970,198 </div><div id="a791" style="position:absolute;left:703.68px;top:497.9px;">6% </div><div id="a796" style="position:absolute;left:342.787px;top:515.8px;">US$ per oz </div><div id="a798" style="position:absolute;left:521.053px;top:515.8px;">1,896 </div><div id="a800" style="position:absolute;left:621.093px;top:515.8px;">1,682 </div><div id="a802" style="position:absolute;left:696.32px;top:515.8px;">13% </div><div id="a805" style="position:absolute;left:95.712px;top:533.9px;">Adjusted EBITDA * </div><div id="a808" style="position:absolute;left:342.787px;top:533.9px;">Rm </div><div id="a810" style="position:absolute;left:521.053px;top:533.9px;">770.4 </div><div id="a812" style="position:absolute;left:621.093px;top:533.9px;">366.3 </div><div id="a814" style="position:absolute;left:688.8px;top:533.9px;">110% </div><div id="a819" style="position:absolute;left:342.787px;top:551.8px;">US$m </div><div id="a821" style="position:absolute;left:528.413px;top:551.8px;">45.6 </div><div id="a823" style="position:absolute;left:628.453px;top:551.8px;">18.9 </div><div id="a825" style="position:absolute;left:688.8px;top:551.8px;">141% </div><div id="a828" style="position:absolute;left:95.712px;top:569.9px;">Cash operating costs </div><div id="a831" 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style="position:absolute;left:691.68px;top:605.9px;">-10% </div><div id="a866" style="position:absolute;left:342.787px;top:623.8px;">US$ per oz </div><div id="a869" style="position:absolute;left:532.293px;top:623.8px;">901 </div><div id="a871" style="position:absolute;left:632.293px;top:623.8px;">941 </div><div id="a873" style="position:absolute;left:699.2px;top:623.8px;">-4% </div><div id="a877" style="position:absolute;left:95.712px;top:641.9px;">All-in sustaining costs ** </div><div id="a882" style="position:absolute;left:342.787px;top:641.9px;">R per kg </div><div id="a884" style="position:absolute;left:506.173px;top:641.9px;">588,239 </div><div id="a886" style="position:absolute;left:606.213px;top:641.9px;">579,180 </div><div id="a888" style="position:absolute;left:703.68px;top:641.9px;">2% </div><div id="a893" style="position:absolute;left:342.787px;top:659.8px;">US$ per oz </div><div id="a895" style="position:absolute;left:521.053px;top:659.8px;">1,083 </div><div id="a897" style="position:absolute;left:621.093px;top:659.8px;">1,004 </div><div id="a899" style="position:absolute;left:703.68px;top:659.8px;">8% </div><div id="a902" style="position:absolute;left:95.712px;top:677.9px;">All-in cost ** </div><div id="a907" style="position:absolute;left:342.787px;top:677.9px;">R per kg </div><div id="a909" style="position:absolute;left:506.173px;top:677.9px;">613,206 </div><div id="a911" style="position:absolute;left:606.213px;top:677.9px;">597,371 </div><div id="a913" style="position:absolute;left:703.68px;top:677.9px;">3% </div><div id="a918" style="position:absolute;left:342.787px;top:695.8px;">US$ per oz </div><div id="a920" style="position:absolute;left:521.053px;top:695.8px;">1,129 </div><div id="a922" style="position:absolute;left:621.093px;top:695.8px;">1,036 </div><div id="a924" style="position:absolute;left:703.68px;top:695.8px;">9% </div><div id="a934" style="position:absolute;font-weight:bold;left:95.712px;top:733.9px;">Capital expenditure </div><div 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id="a1037" style="position:absolute;font-family:Arial;font-size:13.28px;left:422.333px;top:901.2px;">&#160;</div><div id="a1038" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:931.6px;">* A</div><div id="a1041" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:109.632px;top:932.8px;">djusted earnings before interest, taxes, depreciation and amortisation (&quot;</div><div id="a1058" style="position:absolute;font-family:Arial;font-size:12px;font-weight:bold;font-style:italic;left:489.373px;top:932.8px;">Adjusted EBITDA</div><div id="a1061" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:588.613px;top:932.8px;">&quot;) may not be comparable </div><div id="a1071" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:92.032px;top:949.1px;">to similarly titled measures<div style="display:inline-block;width:5.38px">&#160;</div>of other companies. Adjusted EBITDA<div style="display:inline-block;width:5.61px">&#160;</div>is not a measure<div style="display:inline-block;width:5.25px">&#160;</div>of performance under International </div><div id="a1106" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:92.032px;top:964.9px;">Financial Reporting Standards (IFRS)<div style="display:inline-block;width:0.43px">&#160;</div>and should be considered<div style="display:inline-block;width:0.51px">&#160;</div>in addition to,<div style="display:inline-block;width:1.1px">&#160;</div>and not as a<div style="display:inline-block;width:0.39px">&#160;</div>substitute for, other measures </div><div id="a1146" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:92.032px;top:980.8px;">of financial performance and liquidity. </div><div id="a1157" style="position:absolute;font-family:Arial;font-size:12px;left:92.032px;top:996.6px;"><div style="display:inline-block;width:360.06px">&#160;</div></div><div id="a1166" style="position:absolute;font-family:Arial;font-size:12px;left:92.032px;top:1012.4px;">** </div><div id="a1168" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:104.512px;top:1012.4px;">All-in cost definitions based on the guidance note on non-GAAP Metrics issued by the<div style="display:inline-block;width:1.84px">&#160;</div>World Gold Council on 27 June </div><div id="a1212" style="position:absolute;font-family:Arial;font-size:12px;font-style:italic;left:92.032px;top:1028.4px;">2013</div><div id="a1213" style="position:absolute;font-family:Arial;font-size:12px;left:118.912px;top:1028.4px;">. </div></div>
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<div id="Page5" style="background-color:RGB(256, 256, 256);position:relative;margin-left:auto;margin-right:auto;overflow:hidden;border-style:solid;border-width:thin;border-color:RGB(198, 198, 198);page-break-after:always;width:794px;height:1123px;white-space:pre-wrap">
<div id="a1215" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:60.7px;">Gold production increased by<div style="display:inline-block;width:5.85px">&#160;</div>45% from the previous<div style="display:inline-block;width:5.88px">&#160;</div>quarter to 1,514kg primarily<div style="display:inline-block;width:5.91px">&#160;</div>due to a 27%<div style="display:inline-block;width:5.57px">&#160;</div>increase in </div><div id="a1251" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:78.3px;">tonnage throughput and a 15% increase in yield. Gold<div style="display:inline-block;width:5.09px">&#160;</div>sold increased by 60%.<div style="display:inline-block;width:4.33px">&#160;</div></div><div id="a1278" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:95.9px;">&#160;</div><div id="a1279" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:113.7px;">As a result, the<div style="display:inline-block;width:5.98px">&#160;</div>cash operating cost<div style="display:inline-block;width:6px">&#160;</div>per kilogram of gold<div style="display:inline-block;width:6.12px">&#160;</div>sold decreased by<div style="display:inline-block;width:5.86px">&#160;</div>10% from the<div style="display:inline-block;width:5.66px">&#160;</div>previous quarter </div><div id="a1317" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:131.3px;">to R489,750/kg. The cash operating cost per ton of material<div style="display:inline-block;width:5.03px">&#160;</div>processed increased by 2% to R104/t. </div><div id="a1349" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:148.9px;">&#160;</div><div id="a1350" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:166.5px;">All-in sustaining<div style="display:inline-block;width:9.71px">&#160;</div>costs per<div style="display:inline-block;width:9.84px">&#160;</div>kilogram and<div style="display:inline-block;width:9.73px">&#160;</div>all-in costs<div style="display:inline-block;width:9.94px">&#160;</div>per kilogram<div style="display:inline-block;width:9.65px">&#160;</div>were R588,239/kg<div style="display:inline-block;width:10.18px">&#160;</div>and R613,206/kg, </div><div id="a1384" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:184.1px;">respectively, increasing<div style="display:inline-block;width:5.23px">&#160;</div>quarter on quarter mainly due to an increase in susta<div style="display:inline-block;width:1.44px">&#160;</div>ining capital expenditure. </div><div id="a1413" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:201.9px;">&#160;</div><div id="a1414" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:219.5px;">Adjusted EBITDA<div style="display:inline-block;width:6.58px">&#160;</div>increased by<div style="display:inline-block;width:6.66px">&#160;</div>110% from<div style="display:inline-block;width:7.49px">&#160;</div>the previous<div style="display:inline-block;width:6.72px">&#160;</div>quarter to<div style="display:inline-block;width:6.36px">&#160;</div>R770.4 million<div style="display:inline-block;width:6.77px">&#160;</div>primarily due<div style="display:inline-block;width:6.54px">&#160;</div>to a<div style="display:inline-block;width:6.52px">&#160;</div>60% </div><div id="a1449" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:237.1px;">increase in gold sold<div style="display:inline-block;width:4.04px">&#160;</div>and a 6% increase in the average Rand gold price<div style="display:inline-block;width:5.02px">&#160;</div>received of R1,029,893/kg. </div><div id="a1485" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:254.7px;">&#160;</div><div id="a1486" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:272.3px;">Cash and cash equivalents<div style="display:inline-block;width:6.33px">&#160;</div>increased by R<div style="display:inline-block;width:1.34px">&#160;</div>300.1 million to R2,015.2<div style="display:inline-block;width:6.24px">&#160;</div>million as at<div style="display:inline-block;width:5.76px">&#160;</div>30 September 2020<div style="display:inline-block;width:5.61px">&#160;</div>after </div><div id="a1523" style="position:absolute;font-family:Arial;font-size:13.28px;left:92.032px;top:290px;">paying the final dividend<div style="display:inline-block;width:5.86px">&#160;</div>for the year ended<div style="display:inline-block;width:5.81px">&#160;</div>30 June 2020 of<div style="display:inline-block;width:5.73px">&#160;</div>R299.1 million. 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The  financial </div><div id="a1721" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:449.7px;">information provided<div style="display:inline-block;width:8.34px">&#160;</div>is the<div style="display:inline-block;width:8.14px">&#160;</div>responsibility of<div style="display:inline-block;width:8.15px">&#160;</div>the directors<div style="display:inline-block;width:8.39px">&#160;</div>of DRDGOLD<div style="display:inline-block;width:2.35px">&#160;</div>,<div style="display:inline-block;width:5.75px">&#160;</div>and such<div style="display:inline-block;width:8.22px">&#160;</div>information has<div style="display:inline-block;width:8.25px">&#160;</div>not been </div><div id="a1755" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:467.3px;">reviewed or reported on by the Company&#8217;s auditors. </div><div id="a1771" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:503.7px;">&#160;</div><div id="a1772" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:537.6px;">Johannesburg </div><div id="a1774" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:552.9px;">27 October 2020 </div><div id="a1781" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:587px;">&#160;</div><div id="a1782" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:621px;">Sponsor </div><div id="a1784" style="position:absolute;font-family:Arial;font-size:13.28px;left:68px;top:636.3px;">One Capital </div></div>
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