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The Five Shaft Way Ahead Project at Blyvoor to access the orebody between 27 and 35 level from this shaft is "ready to go" and values in the targeted areas in the shaft are "encouraging".  

Pretorius said the company once again did well at its Crown Mines in central Johannesburg where production has been stable and above 21,000 ounces in the last quarter. The company has also received notification by the department of minerals and energy that its mining right for the Top Star dump, "a fairly lucrative resource with good NPV", is now imminent. Pretorius said it could be issued within a day.

Sayers said the company has had two quarters of sustained performance and the business now had a platform for very sound growth to 400,000 ounces of production by 2011.  

DRDGold today said it was proud of the 57% increase in its cash operating profit to R364.3m ($47m) for the 2008 financial year ending 30 June. The rise in profit came as revenue increased 20% to R1,843.9m ($238m) on the back of a 29% increase in the average gold price received to R192 143/kg ($24,872).

The group recorded a net profit of R1,225.1m ($158m) for the 2008 financial year compared to the previous year's loss of R1,165m.  

The company's gold production declined by 33% to 321,432 ounces for the year as it withdrew from Australasia and restored South African operations to stability.