DRDGOLD ploughed cash from record gold prices into its capital growth programme spending R751.8m in the September (first) quarter.

Johannesburg- and New York-listed DRDGOLD has outlined its plans to invest around R7.8-billion in its Big Five capital growth projects, two on the well-established East Rand and three on the fast-developing Far West Rand.

DRDGOLD, the Johannesburg Stock Exchange’s oldest company at 130 years old, is actively pursuing expansion opportunities across Africa, with CEO Niël Pretorius particularly keen on entering Zambia’s mining sector.

DRDGOLD expects its share price to rerate as projects it expects to transform the company progress.

JSE-listed DRDGOLD on Wednesday declared a final 2025 cash dividend double that of last year, reflecting an increase of 26% in group revenue to R7 878.2-million and an increase of 69% in group operating profit to R3 523.6 million, both mainly factors of a 31% increase in the average rand gold price received of R1 632 275/kg. The company enjoyed a greater level of stability, much of this resulting from its own endeavours and a robust gold price.

DRDGOLD made the most of the booming gold price in the year to end-June pushing operating profits 69% higher even as it funded its major transition to a longer-life operation treating higher volumes of lower-grade material. The company spent R2.2bn in capital expenditure during financial 2025 and estimates it will invest another R7.8bn in the medium-term to achieve its “Vision 2028” strategy.

SA miner DRDGOLD rewarded shareholders by doubling its annual dividend after soaring gold prices enabled the company to more than double its cash reserves. The group declared an annual dividend of 40c per share as headline earnings per share (HEPS) jumped 69% to 260.6c. A 31% rise in the average rand gold price pushed revenue up 26% year on year to R7.88bn, offsetting a 3% slip in annual gold output.

A major Johannesburg landmark – the Crown Mines complex of three huge mine dumps situated just south-east of the central business district – will start to be removed in about 4 years’ times in terms of DRDGOLD’s expansion plans. Speaking at a presentation of the group’s results for the year to end-June today DRDGOLD CEO Niel Pretorius commented the removal of the dumps would free up some hectares of “prime” land owned by DRDGOLD for redevelopment.

DRDGOLD has published its financial results for the year ended 30 June 2025, declaring a final cash dividend of 40 cents per share – double last year’s pay-out. This comes on the back of a robust gold price, higher revenue and operating profit, and a debt-free balance sheet. Joining CNBC Africa to unpack this performance is DRDGOLD CEO Niel Pretorius.

DRDGOLD has posted a glittering set of results for the year ended June 30, 2025, with revenue rising 26% to R7.88 billion. The surge was fuelled by a 31% increase in the rand gold price received, according to a voluntary trading update released on August 14.