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-----BEGIN PRIVACY-ENHANCED MESSAGE-----Proc-Type: 2001,MIC-CLEAROriginator-Name: [email protected]: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQABMIC-Info: RSA-MD5,RSA, SixukKPWJ4yXvU07Gvkz3cayV7cBvbD6rd4fDnBCyh/qTp/E0uSt/wKrgV9J+zkf EZwtpWGXIW67O84Y6jn47Q==

0001205613-05-000144.txt : 200508250001205613-05-000144.hdr.sgml : 2005082520050825104140ACCESSION NUMBER:0001205613-05-000144CONFORMED SUBMISSION TYPE:6-KPUBLIC DOCUMENT COUNT:6CONFORMED PERIOD OF REPORT:20050825FILED AS OF DATE:20050825DATE AS OF CHANGE:20050825

FILER:

COMPANY DATA:COMPANY CONFORMED NAME:DRDGOLD LTDCENTRAL INDEX KEY:0001023512STANDARD INDUSTRIAL CLASSIFICATION:GOLD & SILVER ORES [1040]IRS NUMBER:000000000FISCAL YEAR END:0630

FILING VALUES:FORM TYPE:6-KSEC ACT:1934 ActSEC FILE NUMBER:000-28800FILM NUMBER:051047575

BUSINESS ADDRESS:STREET 1:45 EMPIRE ROADSTREET 2:PARKTOWNCITY:JOHANNESBURGSTATE:T3ZIP:2193BUSINESS PHONE:27113817800

MAIL ADDRESS:STREET 1:PO BOX 390STREET 2:MARAISBURGCITY:JOHANNESBURGSTATE:T3ZIP:1700

FORMER COMPANY:FORMER CONFORMED NAME:DURBAN ROODEPOORT DEEP LTDDATE OF NAME CHANGE:19960924

6-K1drd_quarter.htm

Page 1

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549______________________FORM 6-K REPORT OF A FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For August 2005 Commission File Number 0-28800 ______________________DRDGOLD Limited EBSCO House 4299 Pendoring Avenue BlackheathRandburg, South Africa, 2195 (Address of principal executive offices)______________________Indicate by check mark whether the registrant files or will file annual reports under cover of
Form 20-F or Form 40-F. Form 20-F Form 40-F Indicate by check mark whether the registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)
under the Securities Exchange Act of 1934. Yes No If ''Yes'' is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): N/A

This report on Form 6-K shall be deemed to be incorporated by reference into the Registration Statement on Form F-3 (Registration No. 333-102800) and Registration Statement on Form F-4 (Registration No. 333-121386) of DRDGOLD Limited (the "Company") filed with the Securities and Exchange Commission on September 30, 2003 and December 17, 2004 respectively, and to be part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished. Attached to the Registrant Form 6-K filing for the month of August 2005, incorporated
by reference herein:
Exhibit99.1 Release dated August 25, 2005, entitled REPORT TO SHAREHOLDERS FOR THE SIX
MONTHS ENDED 30 JUNE 2005 99.2 Release dated August 25, 2005, entitled NEW FINANCE DIRECTOR FOR DRDGOLD
99.3 Release dated August 25, 2005, entitled STEADY POST-RESTRUCTURING RECOVERY
AT SA OPERATIONS

3SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DRDGOLD LIMITED Date: August 25, 2005 By: /s/ Themba Gwebu Name: Themba Gwebu Title: Company Secretary

4Exhibit 99.1

Report to shareholders for the six months ended30 June 2005D R D G O L D L I M I T E D2 0 0 5 F I N A N C I A L Y E A R(Formerly Durban Roodepoort Deep, Limited)
(Incorporated in the Republic of South Africa) Registration No.1895/000926/06
ARBN 086 277616 JSE trading symbol: DRD ISIN Code: ZAE 000058723
Issuer code: DUSM NASDAQ trading symbol: DROOY ASX trading symbol: DRD (DRDGOLD or the Company)KEY RESULTS SUMMARY6 months to6 months to6 months to 12 months to12 months toGroup30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Attributable gold production *Australasian operationsoz151 996 165 138 144 004 317 134 233 190kg4 7265 138 4 479 9 864 7 253South African operationsoz125 485 126 417156 202 251 902329 972 kg3 903 3 932 4 8587 835 10 263Discontinued operationsoz47 584 152 266 169 017 199 850 341 861kg1 480 4 736 5 257 6 216 10 633 Groupoz325 065443 821 469 223768 886 905 023kg10 109 13 806 14 594 23 91528 149Cash operating costsAustralasian operationsUS$ per oz254206 204 231219ZAR per kg50 889 41 103 45 085 46 289 48 641South African operationsUS$ per oz407498 431453385ZAR per kg81 575 99 590 93 035 90 598 85 453Discontinued operationsUS$ per oz665459 388 508400ZAR per kg133 275 91 814 82 894 101 70188 710GroupUS$ per oz377372 336 375344ZAR per kg75 627 74 339 72 565 75 09576 209 Gold price received (Group)US$ per oz428420 401 423391ZAR per kg85 77183 941 87 240 84 69086 788 Capital expenditure (Net Group)US$ million10.212.5 10.4 22.723.2ZAR million63.377.9 70.0 141.2160.4* Attributable Including Emperor Mines Limited (Emperor) (45.33%) and Crown Gold Recoveries (Pty) Limited (CGR) (40%)Group Results
(Unaudited) Cash operating profit up by 7% to R157.1 million R180 million capital raising Emperor investment written down to A$0.28 cents per share A$10 million convertible loan and operational support for Emperor Buffelsfontein liquidated following the loss of No. 5 shaft Improved balance sheet current ratio at 1.45 KEY FEATURES

2NOTE REGARDING FINANCIAL INFORMATIONThe condensed consolidated financial statements, Key Results
Summary and Overview are based on our financial statements for
the six months ended 30 June 2005 and for the twelve months ended
30 June 2005 prepared in accordance with South African Statements
of Generally Accepted Accounting Practice.The company will be
releasing US GAAP financial statements for the twelve months ended
30 June 2005 on or before 31 December 2005, which it will file with
the US Securities and Exchange Commission (SEC) on Form 20F.FORWARD-LOOKING STATEMENTSSome of the information in this report may contain projections or
other forward looking statements regarding future events or other
financial performance, including forward-looking statements and
information relating to DRDGOLD that are based on the beliefs of
management, as well as assumptions made by and information
currently available to management. When used in this report, the
words estimate, project, believe, anticipate, intend, expect
and similar expressions are intended to identify forward-looking
statements. Such statements reflect managements current views
with respect to future events and are subject to risks, uncertainties
and assumptions.Many factors could cause the actual results, performance or
achievements to be materially different from any future results,
performance or achievements that may be expressed or implied by
such forward-looking statements, including, among others, adverse
changes or uncertainties in general economic conditions in the markets
we serve, a drop in the gold price, a continuing strengthening of the
Rand against the Dollar, regulatory developments adverse to
DRDGOLD or difficulties in maintaining necessary licenses or other
governmental approvals, changes in DRDGOLDs competitive position,
changes in business strategy, any major disruption in production at
key facilities or adverse changes in foreign exchange rates and
various other factors.These risks include, without limitation, those described in the section
entitled Risk Factors included in our annual report for the fiscal year
ended 30 June 2004, which we filed with the SEC on 29 November
2004 on Form 20-F, as amended by the Form 20-F/A filed on 29 April
2005, and those detailed from time to time with the SEC.You should
not place undue reliance on these forward-looking statements, which
speak only as of the date thereof. We do not undertake any obligation
to publicly update or revise these forward-looking statements to reflect
events or circumstances after the date of this report or to the
occurrence of unanticipated events.OVERVIEWDear shareholder
Safety
With deep regret we report that eight of our employees died in work-
related incidents during the second half of the 2005 financial year
four related to the discontinued operations at our North West
Operations (NWO), compared with two during the first half. Our
Fatal Injury Frequency Rate (FIFR) from continuing operationsdeteriorated from 0.16 in the first half to 0.70 in the second, our Lost
Time Injury Frequency Rate (LTIFR) from 5.43 to 10.88 and our
Reportable Injury Frequency Rate (RIFR) from 2.30 to 3.95.Total operations had one less fatality in 2005 compared with 2004, but
given a decline in our total number of employees, the FIFR year on year
was unchanged at 0.25. While the RIFR for the year declined slightly
from 3.49 to 3.44, the LTIFR increased from 8.99 to 9.55.The earthquake at NWO in South Africa in March 2005 undoubtedly
skewed our performance overall but these are disappointing results,
nonetheless. In our South African operations particularly, management,
employees and their representatives are looking afresh at issues such as
underground support standards and are re-gauging the effectiveness of
current training and orientation programs designed to create greater
awareness and achieve behavioural change.Individually, some operations have achieved distinction during the year,
most notably our Blyvooruitzicht Gold Mining Company Limited
(Blyvoor) mine which won the West Rand Mine Managers
Association Safety Competition for the seventh consecutive year.PRODUCTIONThe Groups attributable production for the second half was 27% lower
than for the first at 325 065 ounces (10 109 kilograms). While this was
due mainly to the discontinuation of mining at the Buffelsfontein Gold
Mines Limited (Buffelsfontein) following the earthquake, a decline in
production from the Australasian operations for the period was also a
contributing factor.AUSTRALASIAN OPERATIONSYear on year, attributable production from the Australasian operations
was 36% higher at 317 134 ounces.This represents 56% of
DRDGOLDs total production for the year if production from
discontinued operations is excluded. In essence, the weighting of the
Australasian operations in DRDGOLDs production profile has
continued to grow.Lower gold production has reflected in higher unit costs. For the
region, cash operating unit costs in the second half were 23% higher
than in the first at US$254 per ounce. At Tolukuma they were 18%
higher at US$367 per ounce; at Porgera, 25% higher at US$208 per
ounce; and at Emperor, 35% higher at US$507 per ounce. Rising fuel
costs which have impacted on power generation, logistics and other
consumables have been a compounding common factor for all three
operations.SOUTH AFRICAN OPERATIONSAttributable production from continuing operations was less than 1%
lower in the second half at 125 485 ounces, reflecting a pleasing degree
of stabilisation resulting from the restructuring process that continued for
the whole of the 2005 financial year. Production from the these
operations, year on year, was 24% lower at 251 902 ounces due to the
restructuring.STOCK
Issued capital
296 206 048 ordinary no par value shares
5 000 000 cumulative preference shares
Total ordinary no par value shares issued and committed: 326 348 457Stock tradedJSEASXNASDAQFRANKFURTAverage volume for the 6 months per day (000)191203 082103% of issued stock traded (annualized)1722729Price High9.1A$2.10US$1.57Euro 1.18 Low4.15A$0.76US$0.30Euro 0.50 Close5.69A$1.12US$0.88Euro 0.77

CORPORATE DEVELOPMENTSWe have reported extensively in recent weeks on our two mostsignificant corporate developments during the half year: the signing of a Memorandum of Understanding (MOU) regardingthe next steps in our Black Economic Empowerment (BEE)relationship with Khumo Bathong Holdings (Pty) Limited (KBH); and our financial and management assistance package to Emperor.THE WAY FORWARDThe 2005 financial year has been one of the toughest in DRDGOLDsrecent history. It was disappointing and for a while discouraging towitness the deleterious impact of two major extraneous factors on ourplans for the Companys growth and development ambitions. Here, werefer to the Rand strength/Rand gold price weakness combination andto the devastating earthquake which precipitated our struggling NWOinto provisional liquidation.This was our 110th year in business however, and we would simply not
have survived this long had it been in our nature as a corporate entity
to simply give up. We have long characterized ourselves as the
turnaround experts, fixing or as a last resort, closing, mature gold
mining operations that the more faint-hearted had long since
abandoned. More recently weve argued that we do what we say, even
when it is unpleasant and what some people want neither to witness
nor hear.The restructuring of our South African operations was unpleasant and
tested to the extreme our relationships with many of our key
stakeholders. But we are now a whole lot more confident, not only
about these operations surviving the macro economic environment of
which they are part, but indeed, about their holding their own well into
the future.We rank among few in the South African gold mining industry to have
announced ore replacement strategies recently specifically, the No 2
Sub-Shaft Project and extensions to the surface retreatment project at
Blyvoor, and underground exploration at East Rand Proprietary Mines
Limited (ERPM) of the contiguous Sallies property. Were optimistic,
too, of further brownfields opportunities provided we continue to
manage current mine planning and costs as tightly as we have in the
2005 financial year. What better time then to extend our relationship
with our BEE partner, and get back on track as a serious player in the
South African gold mining industry for the duration.We could have hoped, given the difficulties faced by our South
African business during the year, that our Australasian interests had
not come somewhat off the boil in the second half but such is life.
As the South African operations have been restored to rights, we
have been able to redirect financial and human resources to
Australasia, building our support systems there just when they are
needed. Already at Emperors Vatukoula mine in Fiji, particularly
the difference is being felt.In summary then, we have entered the 2006 financial year in much
better shape materially and psychologically than we entered the
2005 financial year. From past events we have learned never to be
sanguine, but the 2006 financial year is at least starting on a better base.DR PASEKA NCHOLOMARK WELLESLEY-WOODNon-Executive ChairmanChief Executive Officer25 August 20053What happened to cash operating unit costs during the second halfvindicates our restructuring activity; for the South African operationsas a whole, they dropped 18% from the first half to US$407 perounce.There is little doubt that, had we not acted how we did whenwe did, the South African operations would not have survived.DISCONTINUED OPERATIONSAs has been previously reported, Buffelsfontein, a wholly owned
subsidiary of DRDGOLD went into provisional liquidation on 22 March
2005.The loss from the discontinued operations amounted to R291.1
million for the financial year ending 30 June 2005.The Company has agreed to abide by the directives issued by the
South African Department of Water Affairs and Forestry, in terms of
which the Company, Stilfontein, Harmony and AngloGold Ashanti are
to equally share the costs of the dewatering, as well as the costs of
the continued operation and maintenance of all infrastructure
associated with any aspect of management of the water impacting
upon the relevant mines/shafts of Buffelsfontein until 31 October
2005.The commitment on behalf of the Company amounts to
approximately R1.8 million per month.FINANCIALSThe Groups cash operating profit from continuing operations for thesecond half was 7% higher than in the first at R157.1 million and 3%higher year on year at R304.5 million.These results reflect steadyrecovery of our South African operations as a whole that has
followed, particularly during the second half, from the radical
restructuring we have conducted and a comparatively sound
performance overall from our Australasian operations as a whole
and from Porgera in particular.While the average US$ gold price received year on year was 8%
higher at US$423 per ounce, the ravages of Rand strength are
revealed in the average Rand gold price received more than 2%
down at R84 690 per kilogram. In the second half, the average US$
price received was almost 2% higher than in the first half at US$428
per ounce; and fortuitously, a moderate weakening in the Rand
resulted in an increase of more than 2% in the average Rand gold
price received to R85 771 per kilogram.This was still lower, though,
than the average for the 2004 financial year of R86 788.Group cash operating costs year on year were 9% higher at US$375
per ounce, the benefits of the South African restructuring becoming
apparent from the containment of the cash operating cost increase in
the second half to little more than 1% compared with the first half.
Were it not for a 23% increase in cash operating costs for the
Australasian operations as a whole, half-year on half-year, and the
residual impact of the NWOs high costs, we would have done even
better.Net operating profit from continuing operations was 34% higher atR41.2 million for the six months ending 30 June 2005 compared to theprevious six months ending 31 December 2004. The loss beforetaxation of R140 million included a loss of R127.4 million from
associates. The loss from associates represents an impairment of
DRDGOLDs 45.33% investment in Emperor down to A$0.28c per
share.Shareholders equity increased from R428.1 million to R627.1 millionand the current ratio increased from 0.84 to 1.45. During the sixmonths ending 30 June 2005 the Eskom gold for electricity contractwas closed out. Cash and cash equivalents increased to R241.2 millionfrom R143.1 million as at 31 December 2004.Your attention is drawnto the withdrawal by KPMG Inc. of the emphasis of matter as per ourinterim financial report which we filed with the United StatesSecurities and Exchange Commission on 2 June 2005.

The condensed consolidated financial statements below are prepared in accordance with South African Statements of Generally Accepted Accounting Practice (SA GAAP) and have not been audited or reviewed by our auditors.The accounting policies are, in all material respects, consistent with those used to prepare the annual financial statements for the year ended 30 June 2004.CONSOLIDATED6 months to6 months to6 months to 12 months to12 months to30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004(Unaudited)(Reviewed)*(Reviewed)*(Unaudited)(Reviewed)*Income StatementsR mR mR mR mR mContinuing operations
Gold and silver revenue570.0581.9 691.71 151.9 1 268.8Cash operating costs(412.9)(434.5)(514.6)(847.4)(972.4)Cash operating profit157.1 147.4 177.1304.5296.4Corporate administration and other expenses(39.0)(71.6)(59.9)(110.6)(158.8)Business development(8.5)(9.5)(3.5)(18.0)(6.1)Exploration costs(6.6)(4.9)(11.5)Care and maintenance costs (4.5)(6.1)(3.6)(10.6)(8.3)Cash profit from operations98.5 55.3 110.1 153.8123.2Retrenchment costs(5.6)(20.5)(5.9)(26.1)(6.2)Investment income(33.4)14.5 16.3 (18.9)124.7Interest paid(18.3)(18.5)(15.4)(36.8)(40.7)Net operating profit41.2 30.8 105.172.0201.0Rehabilitation and post closure provisions(19.8)2.7 (6.0)(17.1)(8.6)Depreciation(44.5)(66.4)(126.2)(110.9)(189.0)Profit/(loss) on financial instruments5.01.7 13.2 6.7(21.4)Movement in gold in process5.55.2 22.8 10.76.4Loss from associates**(127.4)(20.7)(88.9)(148.1)(88.9)Loss before taxation(140.0)(46.7)(80.0)(186.7)(100.5)Taxation(33.4)(36.6)(46.4)(70.0)(51.0)Deferred taxation52.4(10.1)(82.6)42.3(47.7)Loss after taxation(121.0)(93.4)(209.0)(214.4)(199.2)Profit on sale of assets/investment3.0 3.0Impairments(22.4)(22.4)Discontinued operations
Loss for the period from discontinued operations(11.4)(279.7)(447.7)(291.1)(494.8)Minority interestNet loss(132.4)(370.1)(679.1)(502.5)(716.4)Headline loss per share cents
From continuing operations(18.5)(37.8)(99.5)(55.6)(99.1) Total operations(47.3)(64.4)(252.7)(111.1)(328.3)Basic loss per share cents
From continuing operations(45.0)(36.6)(102.6)(82.0)(102.4) Total operations(49.3)(149.9)(301.2)(195.0)(330.9)Calculated on the weighted average ordinary shares issued of:268 646 022246 924 284225 438 347257 695 796216 509 843Diluted headline loss per share cents(47.3)(64.4)(252.7)(111.1)(328.3)Diluted basic loss per share cents(49.3)(149.9)(301.2)(195.0)(330.9)* Financial results have been restated to disclose discontinued operations
** Loss from associates include DRDGOLDs write down of its investment in Emperor to A$0.28 cents per shareCONDENSED CONSOLIDATED As atAs atAs at30 Jun 200531 Dec 200430 Jun 2004(Unaudited)(Reviewed)(Reviewed)Balance SheetsR mR mR mEmployment of capital
Net mining assets799.1707.4 956.1 Investments108.4213.8 92.4 Environmental trust funds42.9144.4 143.3 Other non-current assets214.6186.2 200.8Current assets399.9331.4359.0Inventories103.393.6103.5 Trade and other receivables55.494.7114.6 Cash and cash equivalents241.2143.1140.9 1 564.9 1 583.2 1 751.6 Capital employed
Shareholders equity627.1428.1564.1 Minority shareholders interest5.85.85.8 Long-term borrowings359.3300.6309.0 Derivative instruments3.79.731.8 Rehabilitation and post closure provisions151.0242.6245.4 Deferred mining and income taxes95.7127.9132.4 Provisions45.772.382.9 Current liabilities276.6396.2380.2 Trade and other payables211.9328.7321.7 Derivative instruments net15.3 Current portion of long-term borrowings64.752.258.5 1 564.9 1 583.2 1 751.6 4

CONDENSED CONSOLIDATED6 months to6 months to6 months to 12 months to12 months to30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004(Unaudited)(Reviewed)(Reviewed)(Unaudited)(Reviewed)Changes in Shareholders InterestR mR mR mR mR mShareholders interest at the beginning of the period428.1564.1 1 092.6 564.1456.1Share capital issued225.6270.3 239.2 495.9883.6 for acquisition finance and cash240.7281.9 237.4 522.6882.4 for share options exercised0.5 5.8 0.52.2 for costs(15.1)(12.1)(4.0)(27.2) for equity portion of convertible note(1.0)Movement in retained income(132.4)(370.1)(679.1)(502.5)(716.4)Currency adjustments and other movements105.8(36.2)(88.6)69.6(59.2)Shareholders interest at the end of the period627.1428.1 564.1 627.1564.1Reconciliation of headline loss
Net loss(132.4)(370.1)(679.1)(502.5)(716.4)Adjusted for:
impairment of associate and mining assets70.5214.0 109.5 284.55.2 gain on liquidation of subsidiary(65.2) (65.2) (profit)/loss on sale of investments(3.0)(3.0)0.4Headline loss(127.1)(159.1)(569.6)(286.2)(710.8)CONDENSED CONSOLIDATED6 months to6 months to6 months to 12 months to12 months to30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004(Unaudited)(Reviewed)(Reviewed)(Unaudited)(Reviewed)Cash Flow StatementsR mR mR mR mR mNet cash (out)/in flow from operations(55.2)(72.6)44.1 (127.8)(59.0)Working capital changes(10.0)8.6 (14.2)(1.4)117.9Net cash outflow from investing activities(63.6)(220.9)(105.6)(284.5)(660.8)Net cash in flow from financing activities223.7303.0 46.3 526.7477.7Increase/(decrease) in cash and cash equivalents94.918.1 (29.4)113.0(124.2)Translation adjustment3.2(15.9)24.9 (12.7)(66.7)Opening cash and cash equivalents143.1140.9 145.4 140.9331.8Closing cash and cash equivalents241.2143.1 140.9 241.2140.9Reconciliation of net cash (out)/in flow from operations
Net operating profit from continued operations41.230.8 105.1 72.0201.0Net operating (loss)/profit from discontinued operations(76.9)(51.4)2.7 (128.3)(90.5)Net operating (loss)/profit(35.7)(20.6)107.8 (56.3)110.5Adjusted for:Interest provision on convertible bond13.713.6 14.5 27.329.7Amortization of costs of convertible notes3.73.8 3.7 7.57.9Financial instruments(4.7)(5.2)(4.5)(9.9)(171.9)Unrealized foreign exchange gain3.5(12.6)(32.0)(9.1)28.0Growth in Environmental Trust Funds(3.9)(1.0)(3.7)(4.9)(7.6)Profit on sale of assets and other non-cash items3.0 4.6 3.0Interest paid(12.3)(12.3)(19.7)(24.6)(27.5)Taxation paid(19.5)(41.3)(26.6)(60.8)(28.1)Net cash (out)/in flow from operations(55.2)(72.6)44.1 (127.8)(59.0)KEY OPERATING AND FINANCIAL RESULTS (Unreviewed)Australasian operations6 months to6 months to6 months to 12 months to12 months toPorgera (20% Share of Joint Venture)30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledt000594606 646 1 200 941Yieldg/t4.865.27 4.88 5.074.87Gold producedoz92 815102 579 101 339 195 394 147 475 kg2 888 3 191 3 152 6 079 4 587 Cash operating costsUS$ per oz208166 184 186196ZAR per kg41 683 33 110 41 319 37 291 43 480 ZAR per tonne203174 202 189212Cash operating profitUS$ million20.326.3 22.9 46.631.7ZAR million126.6163.2 159.6 289.8218.5Capital expenditureUS$ million9.26.9 2.3 16.14.1ZAR million57.342.9 16.0 100.228.35

66 months to6 months to6 months to12 months to12 months toTolukuma30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledt000104107 102 211196Yieldg/t11.2411.24 13.01 11.2413.60Gold producedoz37 64738 667 42 665 76 314 85 715 kg1 1691 203 1 327 2 372 2 666 Cash operating costsUS$ per oz367312 253 346259ZAR per kg73 632 62 306 54 028 69 348 57 522 ZAR per tonne828701 703 780782Cash operating profitUS$ million3.14.1 6.1 7.210.9ZAR million19.225.4 41.4 44.675.2Capital expenditure US$ million1.12.3 4.0 3.46.0ZAR million6.914.4 27.1 21.341.36 months to6 months to6 months to 12 months to12 months toEmperor (45.33% attributable)30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledt000108105 213Yieldg/t6.197.09 6.63Gold producedoz21 53423 892 45 426 kg669744 1 413 Cash operating costsUS$ per oz507376 431ZAR per kg100 98675 208 85 957 ZAR per tonne624543 580South African operations6 months to6 months to6 months to12 months to12 months toBlyvoor30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledUndergroundt000278309 416 587831Surfacet0001 587 1 345 1 469 2 932 2 287 Totalt0001 8651 654 1 885 3 519 3 118 YieldUndergroundg/t7.597.06 6.84 7.317.42Surfaceg/t0.260.24 0.35 0.250.47Totalg/t1.361.52 1.78 1.432.33Gold producedUndergroundoz67 870 70 088 91 501 137 958198 211 kg2 1112 180 2 846 4 291 6 165 Surfaceoz13 43910 481 16 525 23 92034 883 kg418326 514 7441 085 Totaloz81 309 80 569 108 026 161 878233 094 kg2 529 2 506 3 360 5 0357 250 Cash operating costsUndergroundUS$ per oz442525 440 484387ZAR per kg88 492 104 884 94 996 96 887 85 748 ZAR per tonne672740 650 708636SurfaceUS$ per oz233321 380 272378ZAR per kg46 64164 190 82 175 54 33183 776 ZAR per tonne1216 29 1440TotalUS$ per oz407498 431 453385ZAR per kg81 575 99 590 93 035 90 598 85 453 ZAR per tonne111151 166 130199Cash operating profit/(loss)US$ million1.8(6.6)(3.6)(4.8)0.3ZAR million11.3(41.2)(24.0)(29.9)2.7Capital expenditureUS$ million(0.1)2.0 (0.1)8.8ZAR million(0.3)(0.4)13.0 (0.7)60.46 months to6 months to6 months to 12 months to12 months toCrown (40% attributable)30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledt0001 7451 807 1 975 3 552 4 011 Yieldg/t0.380.41 0.40 0.400.40Gold producedoz21 52923 895 25 232 45 424 51 982 kg670743 785 1 413 1 617 Cash operating costsUS$ per oz412379 351 395343ZAR per kg82 297 75 805 75 518 78 890 75 967 ZAR per tonne3231 30 3131

6 months to6 months to6 months to12 months to12 months toERPM (40% attributable)30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledUndergroundt0006382 114 145230Surfacet000390362 86 75287Totalt000453444 200 897317YieldUndergroundg/t8.516.92 6.07 7.585.97Surfaceg/t0.430.33 0.24 0.380.25Totalg/t1.551.54 3.57 1.554.40Gold producedUndergroundoz17 233 18 159 22 248 35 392 44 189 kg536565 692 1 101 1 374 Surfaceoz5 4143 794 696 9 208707kg168118 21 28622Totaloz22 647 21 953 22 944 44 60044 896 kg704683 713 1 387 1 396 Cash operating costsUS$ per oz411412 366 411367ZAR per kg82 196 82 382 78 789 82 287 81 543 ZAR per tonne127127 281 127359Discontinued operationsNorth West (Hartebeestfontein and 6 months to6 months to6 months to 12 months to12 months toBuffelsfontein mines)30 Jun 200531 Dec 200430 Jun 200430 Jun 200530 Jun 2004Ore milledUndergroundt000246740 799 9861 665 Surfacet000320564 94 8841 493 Totalt0005661 304 893 1 870 3 158 YieldUndergroundg/t4.685.70 6.02 5.445.58Surfaceg/t1.030.92 4.77 0.960.90Totalg/t2.613.63 5.89 3.323.37Gold producedUndergroundoz37 006 135 516 154 613 172 522298 681 kg1 151 4 215 4 809 5 366 9 290 Surfaceoz10 578 16 750 14 404 27 328 43 180 kg329521 448 8501 343 Totaloz47 584152 266 169 017 199 850 341 861 kg1 480 4 736 5 257 6 216 10 633 Cash operating costsTotalUS$ per oz665459 388 508400ZAR per kg133 275 91 814 82 894 101 701 88 710 ZAR per tonne348333 488 338299Cash operating (loss)/profitUS$ million(12.1)(6.5)1.7 (18.6)(4.4)ZAR million(75.3)(40.2)15.1 (115.5)(30.6)Capital expenditure (net)US$ million(0.1)3.4 2.1 3.34.3ZAR million(0.7)21.0 13.8 20.329.87Share Option SchemeThe following summary provides information in respect of the DRDGOLD
(1996) Share Option Scheme as at 30 June 2005:Number of% of issuedoptionscapitalIn issue12 542 4094.23Options currently vested6 507 3742.2

DIRECTORSExecutives:Independent non-executives:Group Company Secretary:MM Wellesley-Wood (Chief Executive Officer) *RP HumeT GwebuIL Murray (Chief Financial Officer)GC Campbell *(* British) (** Australian) (*** American)DJM Blackmur **Non-executives:
MP Ncholo (Non-Executive Chairman)
J Turk***For further information, contact Ilja Graulich at:Tel: (+27-11) 219-8700 Fax: (+27-11) 476-2637 e-mail: [email protected] website: http://www.drdgold.com EBSCO House 4, 299 Pendoring Avenue, Blackheath, Randburg, South Africa PO Box 390, Maraisburg, 1700, South AfricaDRD GOLD LIMITED

5 Exhibit 99.2 DRDGOLD Limited
(Formerly Durban Roodepoort Deep, Limited)
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
Share code: DRD
ISIN: ZAE000058723
ARB number: 086 277 616
(DRDGOLD OR THE COMPANY) NEW FINANCE DIRECTOR FOR DRDGOLDDRDGOLD is pleased to announce the appointment of John Sayers as the companys new Finance
Director (FD) and Chief Financial Officer (CFO) with effect from 5 September 2005. In the former capacity, he becomes an Executive Director of DRDGOLD. Sayers (59) takes over the roles of FD and CFO from Ian Murray, who has served as the companys
Finance Director since 2000. After ensuring a smooth handover to Sayers, Murray will focus on his role as DRDGOLDs Corporate Development Officer, primarily in the Australasian region. He will continue to serve as an Executive Director of DRDGOLD. Sayers brings to DRDGOLD almost 40 years of financial experience, most recently as Financial
Director of Nampak Limited (1996-2004) and, immediately prior to that, as Financial Director of Altron Limited (1989-1996). His role in DRDGOLD will be to focus on further strengthening financial systems and preparing the
Group for proposed accounting changes, such as International Financial Reporting Standards, over the next few years. Commenting on the appointment, DRDGOLD Chairman Paseka Ncholo said, We are pleased to have
secured the services of someone with Johns depth of experience and look forward to his contributing to DRDGOLDs drive to stay ahead of the challenges facing the gold mining sector, particularly in a South African context. Johannesburg
25 August 2005 Queries: South Africa
Investor and Media Relations
Ilja Graulich, DRDGOLD
+27 11 219 8707 (office)

6+27 83 604 0820 (mobile) James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile) North America
Investor and Media Relations
Barbara Cano, Breakstone & Ruth International
+1 646 452 2334 (office) Australasia
Investor and Media Relations
Paul Downie, Porter Novelli
+61 893 861 233 (office)
+61 414 947 129 (mobile) United Kingdom/Europe
Investor and Media Relations
Phil Dexter, St James's Corporate Services
+44 20 7499 3916 (office)
+44 779 863 4398

7 Exhibit 99.3

Page 1 of 3 For immediate release 498/05-jmd Steady, post-restructuring recovery at SA operations7% INCREASE IN OPERATING PROFIT; COST INCREASES CONTAINEDJohannesburg, South Africa. 25 August 2005. DRDGOLD Limited (JSE: DRD; NASDAQ:
DROOY; ASX: DRD; POM SoX: DRD) today reported a 7% increase in Group cash
operating profit to R157.1 million for the second half of FY05. DRDGOLD CEO Mark Wellesley-Wood said that this result, together with a 3% increase year
on year to R304.5 million, reflected both a steady recovery of the companys South African
operations from radical, largely Rand-induced restructuring and a comparatively sound
performance overall from its Australian operations. While past events have taught us never to be sanguine, we have entered FY06 in much
better shape materially and psychologically than we entered FY05, he said. Although the average US Dollar gold price received year on year was 8% higher at US$423
per ounce, the ravages of Rand strength were revealed in the average Rand gold price
received in FY05 more than 2% down at R84 690 per kilogram, Wellesley-Wood
commented. In the second half, the average US Dollar price received was almost 2% higher than in the
first half at US$428 per ounce and, fortuitously, a moderate weakening in the Rand resulted
in an increase of more than 2% in the average Rand gold price received to R85 771 per
kilogram.This was still lower, however, than the average for FY04 of R86 788 per kilogram. While Group cash operating costs year on year were 9% higher at US$375 per ounce, the
benefits of the African restructuring were apparent from the containment of the cash
operating cost increase in the second half to little more than 1% compared with the first half,
Wellesley-Wood said. Were it not for a 23% increase in cash operating costs for the Australasian operations as a
whole half-year on half-year, and the residual impact of the discontinued North West
Operations high costs, we would have done even better.

Page 2 of 3 Although net operating profit for the second half of FY05 was 34% higher at R41.2 million, an
impairment of R127.4 million on DRDGOLDs 45.33% investment in Emperor to A$0.28c per
share was the major contributor to a R140.0 million pre-tax loss. We could have hoped, given the difficulties faced by our South African business during the
year, that our Australasian interests had not come somewhat off the boil in the second half. However, as the South African operations have been restored to rights, we have been able
to redirect financial and human resources to Australasia, building our support systems there
just when they are needed. Specifically, we have bolstered our Brisbane office with the re-location of Michael Marriott
from South Africa as our Chief Operating Officer in Australasia, joining Divisional Director
Richard Johnson and Financial Manager Andr Labuschagne, and we have appointed
Sandra Spencer as Human Resources Manager. At Emperors Vatukoula Mine, Sean
OConnor from South Africa has become General Manager as part of the finance and
operating support package we announced recently. The difference is being felt already, Wellesley-Wood said. Shareholders equity increased to R627.1 million in the second half of FY05 compared with
R428.1 million in the first half, and the current ratio from 0.84 to 1.45. Cash and cash
equivalents increased from R143.1 million to R241.2 million. Queries:South Africa
Investor and Media Relations
Ilja Graulich, DRDGOLD
+27 11 219 8707 (office)
+27 83 604 0820 (mobile) James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile) North America
Investor and Media Relations
Barbara Cano, Breakstone Group International
+1 646 452 2334 (office) Australasia
Investor and Media Relations
Paul Downie, Porter Novelli
+61 893 861 233 (office)
+61 414 947 129 (mobile) United Kingdom/Europe
Investor and Media Relations
Phil Dexter, St James's Corporate Services
+44 20 7499 3916 (office)
+44 779 863 4398 DRDGOLD is an intermediate unhedged gold producer with mines in South Africa as well as Australasia. The companys
production profile is split equally between its highly leveraged SA operations and its low cost, cash generative offshore
mines.DRDGOLD has primary listings on the Johannesburg (JSE:DRD) and Australian (ASX:DRD) stock exchanges and
secondary listings on NASDAQ (DROOY), the London and Port Moresby stock exchanges and the Paris and Brussels
Bourses. Its shares are also traded on the regulated unofficial market of the Frankfurt Stock Exchange and the Berlin
OTC Market. For more information, please visit www.drdgold.com

Page 3 of 3 FORWARD-LOOKING STATEMENTS
Some of the information in this press release may contain projections or other forward looking statements regarding
future events or other financial performance, including forward-looking statements and information relating to us that are
based on the beliefs of our management, as well as assumptions made by and information currently available to our
management. When used in this release, the words "estimate", "project", "believe", anticipate", "intend", "expect" and
similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with
respect to future events and are subject to risks, uncertainties and assumptions.
Many factors could cause our actual results, performance or achievements to be materially different from any future
results, performance or achievements that may be expressed or implied by such forward-looking statements, including,
among others, adverse changes or uncertainties in general economic conditions in the markets we serve, a drop in the
gold price, a continuing strengthening of the Rand against the Dollar, regulatory developments adverse to us or
difficulties in maintaining necessary licenses or other governmental approvals, changes in our competitive position,
changes in business strategy, any major disruption in production at our key facilities or adverse changes in foreign
exchange rates and various other factors.
These risks include, without limitation, those described in the section entitled "Risk Factors" included in our annual
report for the fiscal year ended 30 June 2004, which we filed with the United States Securities and Exchange
Commission on 29 November 2004 on Form 20-F, as amended by the Form 20-F/A filed on 29 April 2005 and those
detailed from time to time with the United States Securities and Exchange Commission. You should not place undue
reliance on these forward-looking statements, which speak only as of the date thereof. We do not undertake any
obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date
of this report or to the occurrence of unanticipated events.

GRAPHIC2drd_quarter001n.gif

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