<SEC-DOCUMENT>0001023512-22-000008.txt : 20221019
<SEC-HEADER>0001023512-22-000008.hdr.sgml : 20221019
<ACCEPTANCE-DATETIME>20221019134325
ACCESSION NUMBER:		0001023512-22-000008
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221019
FILED AS OF DATE:		20221019
DATE AS OF CHANGE:		20221019

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:		221318089

	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>operatingupdate2023q1.htm
<DESCRIPTION>OPERATING UPDATE FOR THE QUARTER ENDED 30 SEPTEMBER 2022
<TEXT>
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<div id="a1" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:224.7px;top:94.6px;">SECURITIES AND EXCHANGE COMMISSION </div><div id="a4" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:314.1px;top:112.8px;">Washington, D.C. 20549</div><div id="a6" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:308.9px;top:131.3px;">______________________ </div><div id="a9" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:357.6px;top:168.2px;">FORM 6-K </div><div id="a14" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:234.7px;top:205px;">REPORT OF A FOREIGN PRIVATE<div style="display:inline-block;width:7.9px">&#160;</div>ISSUER </div><div id="a16" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:251.9px;top:223.2px;">PURSUANT TO RULE 13a-16 OR 15d-16 </div><div id="a22" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:201.1px;top:241.8px;">UNDER THE SECURITIES EXCHANGE ACT OF 1934 </div><div id="a25" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:336.5px;top:278.6px;">For October 2022 </div><div id="a30" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:280.8px;top:315.4px;">Commission File Number 0-28800 </div><div id="a35" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:308.9px;top:333.7px;">______________________ </div><div id="a38" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:327.2px;top:370.5px;">DRDGOLD Limited </div><div id="a40" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:323.7px;top:389.1px;">Constantia Office Park </div><div id="a42" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:250.3px;top:407.3px;">Cnr 14th Avenue<div style="display:inline-block;width:5.5px">&#160;</div>and Hendrik Potgieter Road </div><div id="a44" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:264.4px;top:425.9px;">Cycad House, Building 17, Ground Floor </div><div id="a46" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:321.4px;top:444.1px;">Weltevreden Park<div style="display:inline-block;width:5.6px">&#160;</div>1709 </div><div id="a49" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:271.8px;top:480.9px;">(</div><div id="a50" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-style:italic;left:277.3px;top:480.9px;">Address of principal executive offices</div><div id="a51" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:517px;top:480.9px;">) </div><div id="a53" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:308.9px;top:499.5px;">______________________ </div><div id="a56" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:536.3px;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-</div><div id="a58" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:554.5px;">F or Form 40-</div><div id="a60" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:158.5px;top:554.5px;">F. </div><div id="a63" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:287.8px;top:591.3px;">Form 20-F </div><div id="a66" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:360.8px;top:591.3px;">&#9745;</div><div id="a67" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:375.2px;top:591.3px;"><div style="display:inline-block;width:44.2px">&#160;</div>Form 40-F </div><div id="a71" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:492px;top:591.3px;">&#9744;</div><div id="a74" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:628.1px;">Indicate by check mark whether the registrant by furnishing the information contained in this Form is </div><div id="a75" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:646.7px;">also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the </div><div id="a78" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:665.3px;">Securities Exchange Act of 1934. </div><div id="a81" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:328.5px;top:729px;">Yes </div><div id="a82" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:357.3px;top:729px;">&#9744;</div><div id="a83" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:371.7px;top:729px;"><div style="display:inline-block;width:56.3px">&#160;</div>No </div><div id="a85" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:451.4px;top:729px;">&#9745;</div><div id="a88" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:792px;">If ''Yes''<div style="display:inline-block;width:5.9px">&#160;</div>is marked, indicate below the file number assigned to the registrant in connection with Rule </div><div id="a89" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:810.6px;">12g3-2(b): N/A </div><div id="a98" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.2px;top:1002.3px;"><div style="display:inline-block;width:192.1px">&#160;</div></div></div>
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<div id="a100" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.2px;top:60.6px;">Attached to the Registrant Form 6-K filing for the month of October 2022, incorporated </div><div id="a106" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.2px;top:78.9px;">by reference herein: </div><div id="a109" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.2px;top:118.9px;">Exhibit </div><div id="a111" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:140px;"><div style="display:inline-block;width:3.8px">&#160;</div></div><div id="a113" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:164px;">99.1<div style="display:inline-block;width:20px">&#160;</div>Release dated October 19,<div style="display:inline-block;width:5.9px">&#160;</div>2022, &#8220;OPERATING<div style="display:inline-block;width:6.4px">&#160;</div>UPDATE<div style="display:inline-block;width:6.5px">&#160;</div>FOR THE QUARTER<div style="display:inline-block;width:6.2px">&#160;</div>ENDED 30 </div><div id="a122" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:116.2px;top:185.1px;">SEPTEMBER 2022&#8221;<div style="display:inline-block;width:4px">&#160;</div></div><div id="a151" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:68.2px;top:952.4px;"><div style="display:inline-block;width:192.1px">&#160;</div></div></div>
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<div id="a153" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:345.1px;top:61px;">SIGNATURES </div><div id="a155" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:92.3px;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused </div><div id="a156" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:111.2px;">this report to be signed on its behalf by the undersigned, thereunto duly authorized. </div><div id="a160" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:380.3px;top:174.6px;">DRDGOLD LIMITED </div><div id="a162" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:205.9px;">Date: October 19, 2022<div style="display:inline-block;width:161.9px">&#160;</div>By: /s/ Riaan Davel </div><div id="a173" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:224.5px;"><div style="display:inline-block;width:352.1px">&#160;</div>Name: Riaan Davel </div><div id="a178" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;left:68.2px;top:242.7px;"><div style="display:inline-block;width:352.1px">&#160;</div>Title: Chief Financial Officer </div></div>
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<div id="a193" style="position:absolute;font-family:&apos;Times New Roman&apos;;font-size:16px;font-weight:bold;left:569.2px;top:60.6px;">Exhibit 99.1 </div><div id="a196" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:329.4px;top:112.8px;">DRDGOLD LIMITED </div><div id="a198" style="position:absolute;font-family:&apos;Arial&apos;;left:279.2px;top:130.4px;">(Incorporated in the Republic of South </div><div id="a200" style="position:absolute;font-family:&apos;Arial&apos;;left:308px;top:148.3px;">Africa) (Registration number </div><div id="a201" style="position:absolute;font-family:&apos;Arial&apos;;left:340.9px;top:165.9px;">1895/000926/06) </div><div id="a203" style="position:absolute;font-family:&apos;Arial&apos;;left:328.5px;top:183.5px;">ISIN: ZAE000058723 </div><div id="a205" style="position:absolute;font-family:&apos;Arial&apos;;left:326.2px;top:201.1px;">JSE share code: DRD </div><div id="a206" style="position:absolute;font-family:&apos;Arial&apos;;left:326.2px;top:218.7px;">NYSE trading symbol: </div><div id="a207" style="position:absolute;font-family:&apos;Arial&apos;;left:377.1px;top:236.3px;">DRD </div><div id="a209" style="position:absolute;font-family:&apos;Calibri&apos;;left:302.9px;top:253.2px;">(&#8220;</div><div id="a210" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:312.5px;top:253.2px;">DRDGOLD</div><div id="a211" style="position:absolute;font-family:&apos;Calibri&apos;;left:368.5px;top:253.2px;">&#8221; or the &#8220;</div><div id="a212" style="position:absolute;font-family:&apos;Calibri&apos;;font-weight:bold;left:418.7px;top:253.2px;">Company</div><div id="a213" style="position:absolute;font-family:&apos;Calibri&apos;;left:470.9px;top:253.2px;">&#8221;) </div><div id="a216" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:178.9px;top:305.5px;">OPERATING UPDATE FOR THE QUARTER ENDED 30 SEPTEMBER </div><div id="a217" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:376.8px;top:320.8px;">2022 </div><div id="a221" style="position:absolute;font-family:&apos;Arial&apos;;left:100.2px;top:356.7px;">The operating update of the Company<div style="display:inline-block;width:2.1px">&#160;</div>for the quarter ended 30<div style="display:inline-block;width:2.3px">&#160;</div>September 2022 is as follows: </div><div id="a226" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:476px;top:387.7px;">Quarter ended </div><div id="a229" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:574.9px;top:387.7px;">Quarter ended </div><div id="a231" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;font-weight:bold;transform:scale(1.26667,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:721.3px;top:387.7px;">%</div><div id="a235" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:487.2px;top:406.9px;">30 SEP 2022 </div><div id="a237" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:587.4px;top:406.9px;">30 JUN 2022 </div><div id="a239" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:683.5px;top:406.9px;">change </div><div id="a241" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:104.4px;top:426.1px;">Production </div><div id="a247" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:445.3px;">Gold produced </div><div id="a249" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:445.3px;">kg </div><div id="a251" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:445.3px;">1,453 </div><div id="a253" style="position:absolute;font-family:&apos;Arial&apos;;left:630px;top:445.3px;">1,443 </div><div id="a255" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:445.3px;">1%</div><div id="a258" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:463.3px;">oz </div><div id="a260" style="position:absolute;font-family:&apos;Arial&apos;;left:522.5px;top:463.3px;">46,715 </div><div id="a262" style="position:absolute;font-family:&apos;Arial&apos;;left:622.7px;top:463.3px;">46,393 </div><div id="a264" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:463.3px;">1%</div><div id="a266" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:481.2px;">Gold sold </div><div id="a268" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:481.2px;">kg </div><div id="a270" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:481.2px;">1,442 </div><div id="a272" style="position:absolute;font-family:&apos;Arial&apos;;left:630px;top:481.2px;">1,446 </div><div id="a274" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:481.2px;">0%</div><div id="a277" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:499.1px;">oz </div><div id="a279" style="position:absolute;font-family:&apos;Arial&apos;;left:522.5px;top:499.1px;">46,362 </div><div id="a281" style="position:absolute;font-family:&apos;Arial&apos;;left:622.7px;top:499.1px;">46,490 </div><div id="a283" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:499.1px;">0%</div><div id="a285" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:517.4px;">Ore milled </div><div id="a287" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:517.4px;">Metric (000't) </div><div id="a289" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:517.4px;">7,157 </div><div id="a291" style="position:absolute;font-family:&apos;Arial&apos;;left:630px;top:517.4px;">7,064 </div><div id="a293" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:517.4px;">1%</div><div id="a295" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:534px;">Yield </div><div id="a297" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:534px;">Metric (g/t) </div><div id="a299" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:534px;">0.203 </div><div id="a301" style="position:absolute;font-family:&apos;Arial&apos;;left:630px;top:534px;">0.204 </div><div id="a303" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:534px;">0%</div><div id="a306" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:104.4px;top:572.4px;">Price and costs </div><div id="a312" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:591.6px;">Average gold price received </div><div id="a314" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:591.6px;">R per kg </div><div id="a316" style="position:absolute;font-family:&apos;Arial&apos;;left:514.8px;top:591.6px;">945,983 </div><div id="a318" style="position:absolute;font-family:&apos;Arial&apos;;left:614.7px;top:591.6px;">937,509 </div><div id="a320" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:591.6px;">1%</div><div id="a323" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:609.6px;">US$ per oz </div><div id="a325" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:609.6px;">1,727 </div><div id="a327" style="position:absolute;font-family:&apos;Arial&apos;;left:629.7px;top:609.6px;">1,871 </div><div id="a329" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:708.1px;top:609.6px;">-8%</div><div id="a332" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:627.5px;">Adjusted EBITDA * </div><div id="a335" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:627.5px;">Rm </div><div id="a337" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:627.5px;">386.4 </div><div id="a339" style="position:absolute;font-family:&apos;Arial&apos;;left:629.7px;top:627.5px;">477.3 </div><div id="a341" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:627.5px;">-19%</div><div id="a345" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:645.7px;">US$m </div><div id="a347" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:538.5px;top:645.7px;">22.7</div><div id="a349" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:638.3px;top:645.7px;">30.6</div><div id="a351" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:645.7px;">-26%</div><div id="a354" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:663.6px;">Cash operating costs </div><div id="a356" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:663.6px;">R/t </div><div id="a358" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:663.6px;">133.0 </div><div id="a360" style="position:absolute;font-family:&apos;Arial&apos;;left:629.7px;top:663.6px;">133.0 </div><div id="a362" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:726.1px;top:663.6px;">-</div><div id="a365" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:681.6px;">US$/t </div><div id="a367" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:556.1px;top:681.6px;">8</div><div id="a369" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:655.9px;top:681.6px;">9</div><div id="a371" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:681.6px;">-11%</div><div id="a374" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:699.5px;">Cash operating costs </div><div id="a376" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:699.5px;">R per kg </div><div id="a378" style="position:absolute;font-family:&apos;Arial&apos;;left:514.8px;top:699.5px;">658,530 </div><div id="a380" style="position:absolute;font-family:&apos;Arial&apos;;left:614.7px;top:699.5px;">645,782 </div><div id="a382" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712.3px;top:699.5px;">2%</div><div id="a385" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:717.8px;">US$ per oz </div><div id="a387" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:717.8px;">1,202 </div><div id="a389" style="position:absolute;font-family:&apos;Arial&apos;;left:629.7px;top:717.8px;">1,289 </div><div id="a391" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:708.1px;top:717.8px;">-7%</div><div id="a394" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:735.7px;">All-in sustaining costs ** </div><div id="a398" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:735.7px;">R per kg </div><div id="a400" style="position:absolute;font-family:&apos;Arial&apos;;left:514.8px;top:735.7px;">755,201 </div><div id="a402" style="position:absolute;font-family:&apos;Arial&apos;;left:614.7px;top:735.7px;">875,782 </div><div id="a404" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:735.7px;">-14%</div><div id="a408" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:753.6px;">US$ per oz </div><div id="a411" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:753.6px;">1,378 </div><div id="a413" style="position:absolute;font-family:&apos;Arial&apos;;left:629.7px;top:753.6px;">1,748 </div><div id="a415" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:753.6px;">-21%</div><div id="a418" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:771.5px;">All-in costs ** </div><div id="a422" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:771.5px;">R per kg </div><div id="a424" style="position:absolute;font-family:&apos;Arial&apos;;left:514.8px;top:771.5px;">796,255 </div><div id="a426" style="position:absolute;font-family:&apos;Arial&apos;;left:614.7px;top:771.5px;">871,162 </div><div id="a428" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:708.1px;top:771.5px;">-9%</div><div id="a432" style="position:absolute;font-family:&apos;Arial&apos;;left:351.5px;top:788.5px;">US$ per oz </div><div id="a434" style="position:absolute;font-family:&apos;Arial&apos;;left:529.8px;top:788.5px;">1,453 </div><div id="a436" style="position:absolute;font-family:&apos;Arial&apos;;left:629.7px;top:788.5px;">1,739 </div><div id="a438" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:788.5px;">-16%</div><div id="a442" style="position:absolute;font-family:&apos;Arial&apos;;font-weight:bold;left:104.4px;top:826.9px;">Capital expenditure </div><div id="a448" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:846.1px;">Sustaining </div><div id="a450" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:846.1px;">Rm </div><div id="a452" style="position:absolute;font-family:&apos;Arial&apos;;left:527.9px;top:846.1px;">101.2 </div><div id="a454" style="position:absolute;font-family:&apos;Arial&apos;;left:628.1px;top:846.1px;">314.8 </div><div id="a456" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:846.1px;">-68%</div><div id="a460" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:864px;">US$m </div><div id="a462" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:543.6px;top:864px;">5.9</div><div id="a464" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:636.7px;top:864px;">20.2</div><div id="a466" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:700.8px;top:864px;">-71%</div><div id="a469" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:881.9px;">Non-sustaining/growth </div><div id="a473" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:881.9px;">Rm </div><div id="a475" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:536.5px;top:881.9px;">53.6</div><div id="a477" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:636.7px;top:881.9px;">16.8</div><div id="a479" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:697.9px;top:881.9px;">219%</div><div id="a482" style="position:absolute;font-family:&apos;Arial&apos;;left:351.2px;top:899.9px;">US$m </div><div id="a484" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:543.6px;top:899.9px;">3.1</div><div id="a486" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:643.8px;top:899.9px;">1.1</div><div id="a488" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:697.9px;top:899.9px;">182%</div><div id="a490" style="position:absolute;font-family:&apos;Arial&apos;;left:104.4px;top:934.4px;">Average R/US$ exchange rate </div><div id="a494" style="position:absolute;font-family:&apos;Arial&apos;;left:527.9px;top:934.4px;">17.04 </div><div id="a496" style="position:absolute;font-family:&apos;Arial&apos;;left:628.1px;top:934.4px;">15.58 </div><div id="a498" style="position:absolute;font-family:&apos;Arial&apos;;font-size:10.08px;transform:scale(1.26316,1.33333);transform-origin:left 9.2900390625px;display:inline-flex;left:712px;top:934.4px;">9%</div><div id="a502" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:100.2px;top:992.2px;">Rounding of figures may result<div style="display:inline-block;width:1.2px">&#160;</div>in computational discrepancies </div><div id="a505" style="position:absolute;font-family:&apos;Calibri&apos;;left:100.2px;top:1038.1px;">*<div style="display:inline-block;width:4.5px">&#160;</div>A</div><div id="a506" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:118.8px;top:1039.3px;">djusted earnings<div style="display:inline-block;width:4.2px">&#160;</div>before interest,<div style="display:inline-block;width:4.4px">&#160;</div>taxes, depreciation and<div style="display:inline-block;width:4.9px">&#160;</div>amortisation ("</div><div id="a507" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-weight:bold;font-style:italic;left:478.6px;top:1039.3px;">Adjusted EBITDA</div><div id="a508" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:563.1px;top:1039.3px;">") may<div style="display:inline-block;width:4.2px">&#160;</div>not be<div style="display:inline-block;width:4.5px">&#160;</div>comparable to </div><div id="a509" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:100.2px;top:1056.6px;">similarly titled measures of<div style="display:inline-block;width:1.4px">&#160;</div>other companies. Adjusted EBITDA is not<div style="display:inline-block;width:1.4px">&#160;</div>a measure of performance under<div style="display:inline-block;width:1.2px">&#160;</div>International Financial </div></div>
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<div id="a512" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:100.2px;top:60.5px;">Reporting Standards (IFRS) and should be considered in addition to,<div style="display:inline-block;width:4.5px">&#160;</div>and not as a substitute for,<div style="display:inline-block;width:4.9px">&#160;</div>other measures of<div style="display:inline-block;width:6px">&#160;</div>financial </div><div id="a547" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:100.2px;top:77.4px;">performance and liquidity. </div><div id="a552" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;left:100.2px;top:122.8px;">** </div><div id="a554" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;font-style:italic;left:114.6px;top:122.8px;">All-in cost definitions<div style="display:inline-block;width:0.6px">&#160;</div>based on the<div style="display:inline-block;width:0.9px">&#160;</div>guidance note<div style="display:inline-block;width:1.2px">&#160;</div>on non-GAAP<div style="display:inline-block;width:1px">&#160;</div>Metrics issued by<div style="display:inline-block;width:1.1px">&#160;</div>the World Gold Council<div style="display:inline-block;width:0.5px">&#160;</div>on 27 June 2013</div><div id="a597" style="position:absolute;font-family:&apos;Calibri&apos;;font-size:12.16px;left:697.6px;top:122.8px;">. </div></div>
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<div id="a599" style="position:absolute;font-family:&apos;Arial&apos;;left:76.2px;top:65.1px;">Gold production<div style="display:inline-block;width:5.3px">&#160;</div>increased by<div style="display:inline-block;width:5.7px">&#160;</div>1% from<div style="display:inline-block;width:5.4px">&#160;</div>the previous<div style="display:inline-block;width:5.5px">&#160;</div>quarter to<div style="display:inline-block;width:5.2px">&#160;</div>1,453kg primarily<div style="display:inline-block;width:5.2px">&#160;</div>due to<div style="display:inline-block;width:5.2px">&#160;</div>a 1%<div style="display:inline-block;width:5.8px">&#160;</div>increase in </div><div id="a635" style="position:absolute;font-family:&apos;Arial&apos;;left:76.2px;top:82.7px;">tonnage throughput despite yield<div style="display:inline-block;width:2.1px">&#160;</div>being 0.001g/t lower at 0.203g/t.<div style="display:inline-block;width:2.2px">&#160;</div>Gold sold decreased by 4kg to<div style="display:inline-block;width:1.7px">&#160;</div>1,442kg. </div><div id="a640" style="position:absolute;font-family:&apos;Arial&apos;;left:76.2px;top:118.2px;">As a<div style="display:inline-block;width:5.1px">&#160;</div>result of the above,<div style="display:inline-block;width:5.1px">&#160;</div>the cash operating costs<div style="display:inline-block;width:5.4px">&#160;</div>per kilogram of gold<div style="display:inline-block;width:5.2px">&#160;</div>sold increased marginally from the </div><div id="a678" style="position:absolute;font-family:&apos;Arial&apos;;left:76.2px;top:135.8px;">previous<div style="display:inline-block;width:5.2px">&#160;</div>quarter to R658,530/kg. 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