DRDGOLD Limited

Listed on Johannesburg Stock Exchange (JSE)

South African gold producer specialising in the retreatment of historic mine tailings and surface resources.

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Market Cap$1.81B

Enterprise Value$1.70B

Cash$105.02M

Debt$835.58K

Listed OnJohannesburg Stock Exchange (JSE)

Shares Outstanding--

Reporting DateJul 31, 2026

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Latest Coverage

Aug 20, 2026

DRDGOLD’s R3.5 Billion Build Moves Vision 2028 Into Commissioning

DRDGOLD generated R2.3 billion of free cash flow in FY2026 while investing R3.5 billion in Vision 2028 and ending the year with R2.8 billion of cash and no bank debt. With DP2 pouring first gold and key pipeline and tailings infrastructure coming online, the investment case now turns on whether that spending lifts sustained throughput toward the programme’s six-tonne production target without eroding unit economics.