<SEC-DOCUMENT>0001341004-21-000039.txt : 20210201
<SEC-HEADER>0001341004-21-000039.hdr.sgml : 20210201
<ACCEPTANCE-DATETIME>20210201101835
ACCESSION NUMBER:		0001341004-21-000039
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210201
FILED AS OF DATE:		20210201
DATE AS OF CHANGE:		20210201

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:		21575148

	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>form6-k.htm
<DESCRIPTION>6-K
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Skadden
         Document created using EDGARfilings PROfile 7.3.2.0
         Copyright 1995 - 2021 Broadridge -->
  </head>
<body style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;" bgcolor="#ffffff">
  <div><br>
  </div>
  <div style="font-family: 'Times New Roman',Times,serif;">
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z5b5adb6554ef4e33acce449ae5eb1ae1" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z5fb840a2bd174aab8711bc35aab22d59" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;"><font style="font-weight: bold;">Washington, D.C. 20549</font><br>
              ______________________</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">FORM 6-K</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z0c558ecabb8340d7a84d1e380732ac9b" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zb49c7d8cbab043058c893e9920319fc3" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">REPORT OF A FOREIGN PRIVATE ISSUER</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">PURSUANT TO RULE 13a-16 OR 15d-16</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">For February 2021</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Commission File Number 0-28800</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">______________________</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">DRDGOLD Limited</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zea27899438ac431195bdb040ae696f5f" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zaafd2b486f25497bb219b563c7026450" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">Constantia Office Park</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">Cnr 14th Avenue and Hendrik Potgieter Road</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">Cycad House, Building 17, Ground Floor</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">Weltevreden Park</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">South Africa, 1709</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">(<font style="font-style: italic;">Address of principal executive offices</font>)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">______________________</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z009248b9d3dd44229ea0fb6a1865e194" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zcbd2165e6ead48e7984adf7a3a2a173e" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">Form 20-F &#9745;&#160; &#160; &#160; &#160; &#160;&#160; Form 40-F &#9744;</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z0737e908a9034b4f91f143b7c0bbbb04" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="ze2056ecea16a488994303509cb43ed5d" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">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.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zeb78823cc5bb48109ee1e4925e947d6e" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt;">Yes &#9744;&#160; &#160; &#160; &#160; &#160; &#160; &#160; No &#9745;</div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z7a78d63404b34ee4b8ccf44f27eafaf9" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">If ''Yes'' is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A</div>
          </td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageFooter"></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z0b2eaa2e86ee464b84c9233763926898" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z16abaeb2b5c34284869050abfb7d7bb7" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Attached to the Registrant Form 6-K filing for the month of February 2021, incorporated by reference herein:</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zadfcd69452f6425b8912c7275c730c23" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="ze2704a50130b4ced87dd915fe6fa875d" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-indent: -36pt; margin-left: 36pt; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;"><u>Exhibit</u></div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z06f26ac0bfc041bda5698cfd82222b83" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zfdbb85662ad241e68b05d07e05d0fb02" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: justify; text-indent: -36pt; margin-left: 36pt;"><font style="font-family: 'Times New Roman'; font-size: 12pt;">99.1</font>&#160;&#160;&#160;&#160;&#160; <font style="font-family: 'Times New Roman'; font-size: 12pt;">Release dated February 1,
                2021, &#8220;TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2020.&#8221;</font></div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z1835550c57574ae894ddfd7eeb3e656f" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageFooter"></div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zb83bf895400741459a67986368c88d34" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z3465bc905d7947ca88b356cb34a4e8ee" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="text-align: center; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">SIGNATURES</div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z851dd7279b4641ad81e9693111b975ea" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">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.</div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zce13bb612a744ddd9614499c1b91a514" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="zad8d291536e94f3e82eb89e2563669e5" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 51.12%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">DRDGOLD LIMITED</div>
          </td>
        </tr>
        <tr>
          <td style="width: 51.12%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 51.12%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">Date: February 1, 2021</div>
          </td>
          <td style="width: 5%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">By:&#160;&#160;&#160; <br>
            </div>
          </td>
          <td style="width: 44%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;"><u>/s/ Riaan Davel</u></div>
          </td>
        </tr>
        <tr>
          <td style="width: 51.12%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 44%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">Name: Riaan Davel</div>
          </td>
        </tr>
        <tr>
          <td style="width: 51.12%; vertical-align: top;">&#160;</td>
          <td style="width: 5%; vertical-align: top;">&#160;</td>
          <td style="width: 44%; vertical-align: top;">
            <div style="font-family: 'Times New Roman'; font-size: 12pt;">Title: Chief Financial Officer</div>
          </td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z3bd61fd0f8e34bef9e1039b830e7d913" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z77dd9ee90eec4268a1bca465a89b6dd0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>EXHIBIT 99.1 - PRESS RELEASE
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Skadden
         Document created using EDGARfilings PROfile 7.3.2.0
         Copyright 1995 - 2021 Broadridge -->
  </head>
<body style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;" bgcolor="#ffffff">
  <div style="font-family: 'Times New Roman',Times,serif;"><br>
  </div>
  <div style="font-family: 'Times New Roman',Times,serif;">
    <div><br>
    </div>
    <div style="text-align: right; font-family: 'Times New Roman'; font-size: 12pt; font-weight: bold;">Exhibit 99.1</div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: Arial; font-weight: bold;">DRDGOLD LIMITED</div>
    <div style="text-align: center; font-family: Arial;">(Incorporated in the Republic of South Africa)</div>
    <div style="text-align: center; font-family: Arial;">(Registration number: 1895/000926/06)</div>
    <div style="text-align: center; font-family: Arial;">ISIN: ZAE000058723</div>
    <div style="text-align: center; font-family: Arial;">JSE share code: DRD</div>
    <div style="text-align: center; font-family: Arial;">NYSE trading symbol: DRD</div>
    <div style="text-align: center; font-family: Arial;">("<font style="font-weight: bold;">DRDGOLD</font>" or the "<font style="font-weight: bold;">Company</font>"
      or the "<font style="font-weight: bold;">Group</font>")</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;" id="z8b1ddf58439b46b1ab3fc2069e2cf5df" border="0" cellpadding="2" cellspacing="0">

        <tr>
          <td style="width: 100%; vertical-align: top; border-top: #000000 0.50pt solid; border-bottom: #000000 0.50pt solid;">
            <div style="text-align: center; font-family: Arial; font-weight: bold;">TRADING STATEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2020</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">In terms of paragraph 3.4(b) of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied, with a reasonable degree
      of certainty, that the financial results for the current reporting period will differ by at least 20% from the financial results of the previous corresponding period.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">DRDGOLD is in the process of finalising its results for the six months ended 31 December 2020 ("<font style="font-weight: bold;">Current
        Reporting Period</font>") and shareholders are accordingly advised that the Company has reasonable certainty that it will report earnings per share ("<font style="font-weight: bold;">EPS</font>") and headline
      earnings per share ("<font style="font-weight: bold;">HEPS</font>") of between 106.2 cents and 115.8 cents per share compared to EPS and HEPS of 48.5 cents and 48.4 cents per share for the previous corresponding
      period, respectively.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">The expected increases in EPS and HEPS for the Current Reporting Period compared to the previous corresponding period are due mainly to movements in, <font style="font-style: italic;">inter alia</font>, the following items:</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="ze98582e26b3f48cb85b90a8ca5ae9af8" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 22.5pt; vertical-align: top; align: right; font-family: Arial; font-weight: bold;">1.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial; font-weight: bold;">Revenue</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">Revenue increased by R866.0 million, or 41%, to R2,977.4 million (2019: R2,111.4 million).</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">Ergo Mining Proprietary Limited's ("<font style="font-weight: bold;">Ergo</font>") revenue increased by R679.1 million to R2,268.7 million
      (2019: R1,589.6 million), due mainly to a 42% increase in the Rand gold price received as well as a 1% increase in gold sold. Volume throughput increased by 3% to mitigate a 3% decrease in yield due mainly to the previously reported depletion of
      high-grade reserves available to the Knights plant.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">Far West Gold Recoveries' ("<font style="font-weight: bold;">FWGR</font>") revenue increased by R186.9 million to R708.7 million (2019: R521.8
      million) due mainly to a 42% increase in the Rand gold price received. Gold sold decreased by 5%, a result of a 6% decrease in yield to 0.232g/t from 0.248g/t as reclamation progressed towards the lower-grade central portion of the Driefontein No 5
      dump.</div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z400e7ea5729c4568b60f165f56314e27" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 22.5pt; vertical-align: top; align: right; font-family: Arial; font-weight: bold;">2.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial; font-weight: bold;">Cash operating costs</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">The impact of the increase in revenue on earnings and headline earnings was moderated by an increase in cash operating costs of R141.5 million, or 10%, to R1,518.8 million (2019:
      R1,377.3 million).</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">At Ergo, cash operating costs increased by R116.8 million, or 10%, to R1,316.9 million (2019: R1,200.1 million) due both to the 3% increase in volume throughput and an increase in
      the use of reagents.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">At FWGR, cash operating costs increased by R24.7 million, or 14%, to R201.9 million (2019: R177.2 million) as a result of increased costs associated with milling, which was not
      operational for the whole of the previous corresponding period.</div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div id="DSPFPageFooter">
        <div><br>
        </div>
      </div>
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;" noshade="noshade"></div>
      <div id="DSPFPageHeader"></div>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" class="DSPFListTable" id="z4bfa8eb3b86d47149d4e15cf69cb1236" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 22.5pt; vertical-align: top; align: right; font-family: Arial; font-weight: bold;">3.</td>
          <td style="width: auto; vertical-align: top; text-align: justify;">
            <div style="font-family: Arial; font-weight: bold;">Weighted average number of ordinary shares</div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">EPS and HEPS increased notwithstanding the impact on the Current Reporting Period of the issuance of 168,158,944 shares to Sibanye Stillwater Limited at an aggregate subscription
      price of R1,085,590,116, on 22 January 2020. The weighted average number of ordinary shares for the Current Reporting Period increased by 24% to 855,113,791 from 686,954,847 in the previous corresponding period.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial; font-weight: bold;">Liquidity</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">As at 31 December 2020, DRDGOLD's cash and cash equivalents was R2,169.4 million (30 June 2020: R1,715.1 million), with a revolving credit facility with ABSA Bank Limited of R200
      million, available if needed. The Group remains free of any bank debt as at 31 December 2020 (30 June 2020: Rnil). Liquidity is further enhanced by current high Rand gold price levels.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">The financial information contained in this announcement is the responsibility of the directors of DRDGOLD, and such information has not been reviewed or reported on by the
      Company's auditors.</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">The condensed consolidated unreviewed interim results for the six months ended 31 December 2020 are expected to be published on or about 16 February 2021.</div>
    <div style="text-align: justify;"><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">Johannesburg</div>
    <div style="text-align: justify; font-family: Arial;">1 February 2021</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: Arial;">Sponsor</div>
    <div style="text-align: justify; font-family: Arial;">One Capital</div>
    <div><br>
    </div>
    <div><br>
    </div>
  </div>
  <div style="font-family: 'Times New Roman',Times,serif;"><br>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
