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OTHER INVESTMENTS (Tables)
 12 Months Ended
Jun. 30, 2024
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income [abstract]  
Investment in other entities
Amounts in R million
Shares held 1
% held 1
20242023
Listed investments (Fair value hierarchy Level 1):
West Wits Mining Limited ("WWM")47,812,5001.9 %7.5 7.2 
Total listed investments7.5 7.2 
Unlisted investments (Fair value hierarchy Level 3):
Rand Refinery Proprietary Limited ("Rand Refinery")44,43811.3 %166.8 156.3 
Rand Mutual Assurance Company Limited B Share Business Fund ("RMA") 2
 12,6591.3 %5.9 4.9 
Guardrisk Insurance Company Limited (Cell Captive A170) 3
 20100 %0.1 0.1 
Chamber of Mines Building Company Proprietary Limited52,965 5.7 %0.1 0.1 
Total unlisted investments172.9 161.4 
Balance at the end of the year180.4 168.6 
Fair value adjustment on equity instruments at fair value through OCI11.8 17.2 
WWM0.3 (3.5)
Rand Refinery10.5 20.2 
RMA1.0 0.5 
Dividends received on equity instruments at fair value through OCI(29.3)(78.3)
Rand Refinery(29.3)(77.4)
RMA— (0.9)
1The number and percentage of shares held remained unchanged from the prior year with the exception of WWM that issued new shares thereby diluting DRDGOLD's effective shareholding from 2.1% to 1.9%
2The "B Share Business Fund" shares relate to all the businesses of the RMA Group that do not relate to the Compensation for Occupational Injuries and Diseases Act
3The shares held entitle the holder to 100% of the residual net equity of Cell Captive A 170
Disclosure of fair value measurement of assets
Amounts in R million20242023
Balance at the beginning of the year156.3 136.1 
Fair value adjustment on equity investments at fair value through other comprehensive income10.5 20.2 
Balance at the end of the year166.8 156.3 
Key observable/unobservable inputs into the model Other key observable/unobservable inputs into the model include:
Amounts in R millionObservable/unobservable inputUnit20242023
Rand Refinery operations
Forecast average gold priceObservable inputR/kg1,209,6861,060,562
Forecast average silver priceObservable inputR/kg15,14213,460
Average South African CPIObservable input%4.5 4.5 
South African long-term government bond rateObservable input%9.92 10.51 
Terminal growth rateUnobservable input%4.5 4.5 
Weighted average cost of capitalUnobservable input%17.0 17.0 
Investment in Prestige Bullion
Discount periodUnobservable inputyears910
Cost of equityUnobservable input%17.0 17.0 
Sensitivity analysis The below table indicates the extent of sensitivity of the Rand Refinery equity value to the inputs:
InputChange in OCI, net of tax
Amounts in R million% Increase% Decrease% Increase% Decrease
Rand Refinery operations
Rand US Dollar exchange rateObservable inputs1(1)3.2(3.2)
Commodity prices (gold and silver)Observable inputs1(1)2.5(2.5)
Operating costsUnobservable inputs1(1)(2.9)2.9
Weighted average cost of capitalUnobservable inputs1(1)(3.7)3.7
Minority discountUnobservable inputs1(1)(1.2)1.2
Marketability discountUnobservable inputs1(1)(1.2)1.2
Investment in Prestige Bullion
Cost of equityUnobservable inputs1(1)(0.4)0.4
Prestige Bullion dividend forecastUnobservable inputs1(1)0.1(0.1)