Growing gold production swings DRDGold to profit

DRDGold‚ a tailings retreatment operation‚ swung to profit in the first nine months of its financial year as gold production grew 11% and costs shrank. DRDGold‚ which treats old mine dumps around Johannesburg to extract gold‚ reported net profit of R7.8-million in the nine months to end-March compared to a loss of R42-million in the same period a year ago.