“Anthon Meyer, former CFO of Mintails Limited, has agreed to a two-month, interim appointment as CFO of DRDGOLD and shall be appointed to the company’s board of directors subject to the finalisation of various regulatory and administrative processes,” DRDGOLD said in a statement.

DRDGOLD is a mid-tier gold producer headquartered in South Africa, and listed on the Johannesburg and New York Stock Exchanges.

(READ MORE: DRDGOLD posts 17% rise in operating profit)


The firm, which made the announcement on Monday, also reported a 13 per cent increase in gold production for the quarter ended 30 June 2014, compared to the quarter ended 31 March 2014.

DRDGOLD added that cash operating costs were expected to be down by 6 per cent, but cash and cash equivalents had increased from 206 million rand to 210 million rand.