In the media

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• 2008

DRDGold to buy remaining stake in Elsburg JV

9 December 2008

[Miningweekly] - JSE-listed DRDGold has agreed to acquire Australian-miner Mintails’ remaining 35% stake in their Elsburg joint venture (JV) for R177-million, thereby getting full management control over the operation.  

DRDGold gains as Mintails struggles

9 December 2008

[Miningmx.com] - DRDGOLD is the outright winner in the latest round of negotiations with financially-strapped partner Mintails over their joint venture to recover gold from dump material on the East Rand.  

Summit TV interview with Niel Pretorius

21 August 2008

[Summit TV] - Interview with Niel Pretorius
DRD Gold reports net profit of R154million for the year and a dividend of 10 cents per share. Niel Pretorius is incoming chief executive of DRD Gold.

DRDGOLD ready to grow again

21 August 2008

[Miningmx.com] - DRDGOLD CEO John Sayers is bowing out on a high from the marginal gold producer which has just declared a 10c a share dividend amounting to a total payout of R37.7m for its year to end-June.  

DRDGOLD to boost production to 400,000 oz

21 August 2008

[Mineweb] - DRDGOLD has reported a big jump in headline earnings per share due to high gold prices, despite a drop in output. However, the firm is expecting to ramp up production to 400,000 ounces soon.  

DRDGold reports FY profit, names Pretorius CEO-designate

21 August 2008

[Miningweekly] - JSE-listed gold producer DRDGold on Thursday reported a 33% decline in production for the year ended June 2008, to 321 432 oz, but recorded a net profit of R1,23-billion, after disposing of the company’s Australasian assets.  

DRDGold says Top Star mining right granted

21 August 2008

[Miningweekly] - DRDGold South Africa’s Crown mining operations could look forward to material from the iconic Top Star mine dump being processed at this operation, as the company received the mining right from the Department of Minerals and Energy (DME) on Thursday.  

Gold mining ‘fallen flat on its face’ as investment, says DRDGold CEO Sayers

11 June 2008

[Miningweekly] - John Sayers at Africa Mining Congress 2008
The gold-mining industry had "fallen flat on its face" as far as return of capital to shareholders was concerned, DRDGold CEO John Sayers said in Johannesburg on Tuesday.  

DRDGold says near-term projects funded, may raise capital after 2010

10 June 2008

[Miningweekly] - Midtier gold producer DRDGold would not need to raise capital until after 2010, when it completed a feasibility study on the ERPM phase two expansion, expected to cost between R6-billion and R8-billion, it said on Tuesday.  

DRDGOLD ready to grow again

10 June 2008

[Miningmx.com] - DRDGOLD would not need to raise capital until between 2010 and 2012 and only then if it decided to go ahead with the proposed ERPM 2 extension project.  

DRDGold dividend to ‘patient’ investors likely in June, says CEO Sayers

16 May 2008

[Miningweekly] - Adividend to “patient” share-holders is likely to be declared at the upcoming June year-end, says JSE-listed DRDGold CEO John Sayers.  

Summit TV interview with Niel Pretorius

9 May 2008

[Summit TV] - Interview with Niel Pretorius
Summit TV speaks to DRDGold South Africa managing director Neil Pretorius about their increased profit and the higher gold price.

DRDGold studies long-term ERPM expansion, but for now retrenchments loom

9 May 2008

[Miningweekly] - Interview with Niel Pretorius
Despite the woes experienced by JSE-listed DRDGold at its East Rand Proprietary Mines (ERPM) operation, the company remained convinced of the attractiveness of the resource, and had initiated a pre-feasibility study investigating the re-engineering of underground infrastructure at the mine, which would allow for underground expansion.  

DRDGold reports jump in third-quarter profit

9 May 2008

[Miningweekly] - Gold production from JSE-listed DRDGold fell a further 9% in the March quarter, although the record gold price achieved during the period boosted the company’s net profit by 56% to R132-million - up from R84,5-million in the December quarter.  

Moneyweb Interview: John Sayers: CEO, DRDGold

25 April 2008

View the video interview  

Ergo comes back to life

3 April 2008

[Miningmx] - ASX-LISTED junior mining company Mintails kick-started the resurrection of East Rand Gold and Uranium (Ergo) - but DRDGOLD shareholders have reaped the benefits so far.  

Ergo JV expects first gold before year-end

18 March 2008

[Mining Weekly] - The joint venture, between ASX-listed Mintails and JSE-listed DRDGold South Africa, Ergo Mining, has revitalised the Ergo tailings retreatment operation in Brakpan, and hopes to have the plant refurbished by September, and ready to commission in October, with first gold eagerly anticipated before Christmas 2008.  

DRDGold to maintain stability with Ergo gold tailings project

18 March 2008

[Mineweb] - DRDGold SA and Mintails’ joint Ergo Mining venture on the East Rand of Johannesburg will replace lost ounces at DRD’s Crown Mines as it builds up to production of 75,000 ounces annually by the middle of 2009.