DRDGOLD Ltd
JSE:DRD
Gross Margin
DRDGOLD Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| ZA |
D
|
DRDGOLD Ltd
JSE:DRD
|
22.2B Zac |
33%
|
|
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD |
62%
|
|
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
388.8B Zac |
45%
|
|
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
159.2B Zac |
31%
|
|
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
499.1B CNY |
20%
|
|
| US |
|
Newmont Corporation
NYSE:NEM
|
65.4B USD |
54%
|
|
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
85B CAD |
66%
|
|
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
56.5B CAD |
65%
|
|
| CA |
|
Barrick Gold Corp
TSX:ABX
|
49.7B CAD |
41%
|
|
| CA |
|
Franco-Nevada Corp
TSX:FNV
|
44.3B CAD |
70%
|
|
| RU |
|
Polyus PAO
MOEX:PLZL
|
2.4T RUB |
76%
|
DRDGOLD Ltd
Glance View
In the heart of South Africa's storied mining sector, DRDGOLD Ltd. has carved out a unique niche for itself through its innovative approach to gold production. Focusing predominantly on the reclamation and reprocessing of mine tailings and waste, the company has tapped into an unconventional gold source, utilizing the residual ore that's left over after traditional mining operations. DRDGOLD's operations, centralized around the Witwatersrand Basin – one of the world's largest gold reserves – allow them to extract gold from previously discarded materials, turning what many considered waste into a lucrative enterprise. This reclamation process not only contributes to the global gold supply but also plays a critical role in environmental management by reducing the ecological footprint of mining activities. At the core of DRDGOLD's business model is its emphasis on technology and efficiency. By leveraging cutting-edge metallurgical processes and state-of-the-art recovery techniques, DRDGOLD ensures that every ounce of gold is extracted in the most cost-effective and sustainable manner. The company consistently reinvests in enhancing its operational capabilities, which helps maintain robust profit margins despite the typically lower grade of ore obtained from tailings. Furthermore, with a majority of its revenues coming from the sale of the gold extracted, DRDGOLD positions itself as a pioneer, not just in gold mining, but in the sustainable utilization of mining resources. This dual focus on profitability and sustainability has cemented its reputation as a forward-thinking player in the global extractive industry.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on DRDGOLD Ltd's most recent financial statements, the company has Gross Margin of 33.4%.
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