DRDGOLD reported revenue of R2,950.6 million for the quarter ended September 30, 2026, up 31% from a year earlier. Gold production rose 10% to 1,307 kg and gold sold rose 14% to 1,324 kg; operating profit increased 42% to R1,627.4 million. Cash operating costs rose 12% to R1,300.7 million, while all-in sustaining costs increased 6% to R1,135,423 per kg. All-in costs decreased 10% to R1,562,538 per kg.
Cash and cash equivalents were R2,451.1 million as of September 30, 2026, after payment of the R1,042.5 million FY2026 final cash dividend on September 14, 2026. Free cash inflow was R725.8 million, compared with R90.6 million a year earlier, and the Group remained debt free. FY2027 production guidance is 160,000 to 170,000 ounces, with cash operating costs of approximately R1,099,000 per kg and all-in sustaining costs of R1,230,000 per kg; DRDGOLD said it remains on track to achieve its production guidance while maintaining its operating cost guidance. If current conditions prevail and barring any unforeseen events, the company is favourably positioned to consider an interim dividend in February 2027.
DRDGOLD (DRD) reported FY2026 revenue of R11,159.0 million, compared with R7,878.2 million in FY2025, and operating profit of R6,452.0 million versus R3,523.6 million. Net cash generated from operating activities was R5,675.3 million and free cash flow was R2,266.4 million. Headline earnings per share were 491.9 cents, and declared dividends were 170 cents per share, compared with 260.6 cents and 70 cents in FY2025.
Gold production was 4,839 kg versus 4,830 kg, while throughput was 25.1 million tonnes versus 25.6 million tonnes. DRDGOLD’s Vision 2028 capital programme has an approximately R10.0 billion budget, with about R5.3 billion spent to date; four of five projects were on or ahead of schedule. FY2027 production guidance is 160,000 to 170,000 ounces. Daggafontein TSF deposition resumed in July 2026; Withok TSF approvals remained pending.
DRDGOLD Limited (DRD), whose operations are in South Africa, described fiscal 2026 gold-market conditions and capacity projects. At June 30, 2026, the average spot gold price received was approximately US$4,238 per ounce, up 50% from approximately US$2,818 a year earlier; DRDGOLD said elevated prices supported revenue and profitability. The Rand traded at R16.39 per US$1.00, strengthening 8% against the Dollar from June 30, 2025.
Project milestones depend on construction progress and regulatory approvals. The DP2 upgrade is designed to double current throughput capacity to 1.2 million tonnes per month, with completion expected in the first quarter of FY2027. Phase 1 of the FWGR Regional Tailings Storage Facility is expected in the second quarter of FY2027, while beneficial occupation was deferred to the last quarter of FY2027 amid weather and approval uncertainty. Withok TSF recommissioning remains subject to approvals and successful construction; its approximately 310 million tonnes design capacity is targeted for commissioning by the end of calendar 2029. Ergo’s commissioned 60 MW solar plant and 160 MWh battery system supply operations and have reduced Eskom reliance and electricity consumption and costs.
DRDGOLD (DRD) will hold its annual general meeting remotely on November 6, 2026, at 10:00 a.m. South African Standard Time. Shareholders seeking electronic attendance, participation or voting must contact The Meeting Specialist Proprietary Limited by November 5, 2026, at 10:00 a.m. South African Standard Time. The annual report suite and audited annual financial statements for the year ended June 30, 2026, became available September 30, 2026. The financial statements were prepared under International Financial Reporting Standards and received an unmodified audit opinion from BDO South Africa Inc. DRDGOLD will file its Form 20-F on October 2, 2026, and will also file an updated Technical Report Summary for Far West Gold Recoveries Proprietary Limited; that report may be accessed on or about October 2. The annual financial statements and auditor’s report contain no modifications to the financial information and auditor’s report in the reviewed condensed consolidated statements published August 19, 2026.
DRDGOLD LTD (DRD) reports that officer Moloto Kgabo exercised 11,586 Deferred Shares on August 13, 2026, which vested under the Company’s Single Incentive Plan and were settled one-for-one into Ordinary Shares for no consideration. The same 11,586 Ordinary Shares were then sold in a pooled sale on August 31 and September 1, 2026 at an average price of $2.7545 per share, converted from ZAR 44.4764 per share. Following these transactions, Kgabo holds 62,002 Deferred Shares.
DRDGOLD LTD (DRD) reports that Chief Operating Officer Jacobus Schoeman exercised equity awards and sold shares. On August 13, 2026, 19,403 Deferred Shares previously awarded under the Company’s Single Incentive Plan vested and were settled on a one-for-one basis into Ordinary Shares for no consideration. A pooled sale on Schoeman’s behalf then disposed of 19,403 Ordinary Shares on August 31 and September 1, 2026 at an average price of $2.7545 per share, converted from South African rand. Following related activity previously reported, Schoeman holds 166,169 Deferred Shares. No Rule 10b5-1 trading plan is indicated.
DRDGOLD LTD (DRD) reported that officer Henry Gouws, Head of Production and Director of Ergo, exercised and settled 16,826 Deferred Shares into the same number of Ordinary Shares on August 13, 2026 at no cost under the company’s Single Incentive Plan, then sold 16,826 Ordinary Shares in market transactions on August 31 and September 1, 2026 at an average price of about $2.75 per share, converted from South African rand. Following these transactions, he continues to hold 144,077 Deferred Shares. No Rule 10b5-1 trading plan is indicated.
DRDGOLD LTD (DRD) reported that Dean Lindecke, General Manager Ergo Ops., had 20,060 deferred shares granted under the Company’s Single Incentive Plan vest on August 13, 2026 and settle one-for-one into Ordinary Shares for no consideration.
Following this vesting, 20,060 Ordinary Shares were sold on the reporting person’s behalf in a pooled sale conducted on August 31 and September 1, 2026 at an average price of $2.7545 per share, translated from an average sale price of ZAR 44.4764 per share. After these transactions, the reporting person held 94,415 deferred shares, with no Rule 10b5-1 trading plan reported.
DRDGOLD LTD (DRD) reported that Financial Manager FWGR Ops. Laas Lihan exercised and sold equity-based awards. On August 13, 2026, 9,029 Deferred Shares vested and were settled one-for-one into Ordinary Shares for no consideration under the Single Incentive Plan. A pooled sale then disposed of 9,029 Ordinary Shares on August 31 and September 1, 2026 at an average of $2.7545 (ZAR 44.4764) per share. No Rule 10b5-1 trading plan is reported.
DRDGOLD LTD (DRD) reports that officer Mashatola Mpho exercised 11,721 Deferred Shares on August 13, 2026, which vested under the Company’s Single Incentive Plan and were settled one-for-one into Ordinary Shares for no consideration. A subsequent pooled sale on August 31 and September 1, 2026 disposed of 5,275 Ordinary Shares, with the remaining 6,446 Ordinary Shares retained in the reporting person’s own name. Following these events, the reporting person holds 72,900 Deferred Shares; no Rule 10b5-1 trading plan is reported.