DRDGold's South African operations increased revenue 13 percent to R433-million for the quarter ended 30 September, the company announced on Thursday.
Gold production at its three SA mines increased 11 percent from 80 505 ounces (2504kg) to 89 157 ounces (2773kg).
Production at the company's discontinued operations in Australasia decreased by five percent from 10 562 ounces to 10 003 ounces.
Company Chief Executive John Sayers said higher revenue reflected improved production and a higher average gold price — $693 per ounce as opposed to $681 per ounce for the quarter ended June.
"After accounting for cash operating costs of R370.7-million (previous quarter R336.7-million), cash operating profit was 38 percent higher at R62.3-million," said Sayers of the three SA mines.
Blyvooruitzicht, Crown and East Rand Proprietary Mines Limited (ERPM) all contributed positively to DRDGold SA's improvement.
The company recorded a headline loss per share from total operations of 11.7 cents for the current quarter, as opposed to 10.2 cents for the quarter ended June. This was however still better than the 20.6 cents loss in September 2006.
Earlier in the second quarter, DRDGold announced the sale of its 78.72 percent interest in the Emperor mine to institutional investors for A$56-million (R340.9-million).
This drew to a close the group's "challenging — indeed, troubled — mining investment experience" in Australasia.
The cash would be used to make the SA mines more efficient, expand re-treatment operations and develop uranium exploration.
Four people were killed at the company's mines during the quarter — two at ERPM and two at Blyvooruitzicht.
The Blyvooruitzicht deaths occurred within weeks of the mine being awarded the Minister of Minerals and Energy's safety award in the deep-level, metalliferous category, for the mine with the best safety improvement.