In South Africa, DRDGOLD has a 74% holding in DRDGOLD South African Operations (Pty) Limited (DRDGOLD SA). Of the balance, 20% is held by DRDGOLD’s black economic empowerment (BEE) partner, Khumo Gold SPV (Pty) Limited (Khumo Gold). A further 6% is held by an employee trust. With these BEE shareholdings, DRDGOLD has complied with the South African Mining Charter Scorecard’s 2014 target for BEE equity participation at operational level six years ahead of the Charter’s requirement.
DRDGOLD SA owns and operates the Blyvooruitzicht Gold Mining Company Limited (Blyvoor), the gold mining operations of East Rand Proprietary Mines Limited (ERPM) and Crown Gold Recoveries (Pty) Limited (Crown), the world’s largest operation recovering gold from disused mine dumps.
