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SAfrica power cuts hurt DRDGOLD Q3 output

Fri May 9, 2008 8:17am EDT

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JOHANNESBURG, May 9 (Reuters) - South African gold producer DRDGOLD (DRDJ.J) reported a 9 percent decline in third quarter output partly due to a power crisis in the country but profit rose on the back of a higher gold price.

DRDGOLD is South Africa's No. 4 gold producer, and refocused on its home base after selling off its Australasia assets.

Gold production from continued operations fell to 70,378 ounces in the period to end-March, due both to the negative impact of state-utility Eskom'


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