Media releases

15 November 2004

Acquisition facility and issue of shares for cash

ACQUISITION FACILITY AND ISSUE OF SHARES FOR CASH


09 November 2004

JcCI Gold/CAM application for leave to appeal rejected

JHB High Court Judge Lewis Goldblatt today dismissed with costs an application by Brett Kebble’s JCI Gold and CAM for leave to appeal against an order to pay Durban Roodepoort Deep, Limited (DRDGOLD) an amount of R35.7 million, plus interest and costs, including the costs of two counsel.
27 October 2004

DRDGOLD board changes

Appointment of James Turk to its board as a Non-executive Director.
27 October 2004

Offshore operations continue to shine

DRD today reported a continued strong performance from its offshore operations for the quarter ended 30 September 2004.
21 October 2004

DRDGOLD wins R35.7 million case against JCI Gold/CAM

Johannesburg High Court Judge Lewis Goldblatt today ordered Brett Kebble’s JCI Gold and CAM to pay DRDGOLD an amount of R35.7 million, plus interest and costs, including the costs of two counsel.
08 October 2004

ERPM jobs looking more secure: CGR Chairman

Jobs of some 2 000 people employed at ERPM are looking more secure
05 October 2004

Blyvoor retrenchment process completed

DRD has announced that the retrenchment process at its Blyvooruitzicht mine, near Carletonville, South Africa, has been completed.
22 September 2004

DRD release Tolukuma social responsibility report

DRD has released the 2004 Tolukuma Gold Mine Social Responsibility Report for its 100% owned Tolukuma Gold Mine in Papua New Guinea (PNG).
10 September 2004

Blyvoor retrenchments to cost R30 million

Contrary to a report in today’s Business Day, retrenchments of up to 2 000 employees at DRD’s Blyvoor mine are expected to cost approximately R30 million.
02 September 2004

DRD proposes ‘urgent, robust measures’ to stop Blyvoor’s ‘bleed’

DRD has tabled proposals, under its Section 189 consultation process, to restore its Blyvooruitzicht (Blyvoor) gold mine near Carletonville, South Africa to profit.
27 August 2004

Notice of general meeting

General Meeting 28 September 2004


18 August 2004

DRD lists on Port Moresby Stock Exchange

DRD today listed on the Port Moresby Stock Exchange (POM SoX), reflecting the company’s growth as one of PNG’s major gold producers.
10 August 2004

DRD’s Australasian operations shine

A strong performance from DRD’s Australasian operations helped the company to a cash operating profit of US$8.0 million for the quarter ended 30 June 2004, CEO Ian Murray announced today.
05 August 2004

Eloff throws in the towel

DRD has been advised by attorneys representing its former company secretary, Maryna Eloff, that she has unilaterally withdrawn her claim of constructive dismissal against the company.
04 August 2004

DRD Chairman appointed Emperor Managing Director

The Board of Directors of Emperor Mines Limited yesterday appointed Mark Wellesley-Wood as Managing Director
26 July 2004

DRD’s offer for Emperor mines definitely closing July 30

DRD has today announced that subject only to any automatic extension required by the Australian Corporations Act, it will not extend its takeover offer for Emperor Mines Limited beyond its closing date of 30 July 2004.
14 July 2004

DRD extends final unconditional Emperor offer to 30 July

DRD today extended its offer to acquire all the shares in Emperor. The offer now closes on 30 July 2004, unless extended.
06 July 2004

DRD offer for Emperor goes unconditional

DRD today removed all conditions from its offer to acquire all the shares in Emperor Mines Limited (Emperor). The offer is now unconditional.
28 June 2004

DRD closes out last remaining hedge

DRD is pleased to announce that it will be closing out its only remaining hedge contract in line with its policy of not hedging gold production.
10 June 2004

DRD welcomes Emperor’s recommendation of final offer

Chief Executive Officer Ian Murray has welcomed a decision by a majority of the independent directors of the Emperor Mines Limited board to recommend to shareholders that they accept DRD’s final, revised offer for the company.
09 June 2004

Joint news release from Harmony and Durban Roodeport Deep

Response to LNM-dti agreement now in public domain
19 May 2004

Rawas exception dismissed

DRD today succeeded in the High Court of South Africa in having an exception relating to the Rawas Transaction dismissed.
13 May 2004

DRD rejects Emperor independent expert report

DRD has remained committed to its bid of one DRD share for five Emperor Mines Limited shares for control of the company
10 May 2004

DRD to seek Papua New Guinea listing

DRD, one of Papua New Guinea’s leading gold miners, today announced its intention to seek a listing on the country’s Port Moresby Stock Exchange.
06 May 2004

DRD extends emperor offer period

DRD announced today that it is extending the scheduled closing date of its offer for Emperor Mines Limited (Emperor) by 28 days
06 May 2004

Arbitration case awarded in DRD’s favour

The Council for Conciliation, Mediation and Arbitration (CCMA) has awarded in Durban Roodepoort Deep, Limited’s (DRD) favour following an application brought by Ms Benita Morton, DRD’s former legal advisor.
28 April 2004

DRD profit up 35%

DRD has reported a 35% increase in cash operating profit to US$19.1 million (38% in Rand terms to R130.4 million) for the quarter ended 31 March 2004.
26 April 2004

Sale of 5% interest in Porgera joint venture to MRE will not proceed

DRD regrets to advise that despite two extensions to the relevant deadline, a number of the conditions precedent for the transaction have still not been fulfilled
13 April 2004

DRD bid for emperor moves ahead

DRD's bid for Emperor Mines Limited has progressed with the dispatch to Emperor shareholders of the Bidder’s Statement, confirming the offer of one DRD share for every five of their Emperor shares.
06 April 2004

DRD takes bigger stake in goldmoney.com

DRD has increased its stake in leading internet-based gold marketing company GoldMoney.com to 14% with a further investment of US$1.8 million.


30 March 2004

Statement: R3.5 million suit against Roger Kebble

DRD’s R3.5 million suit against Roger Kebble for breaching a restraint of trade agreement was heard in the Johannesburg High Court today.
26 March 2004

Statement: DRD-JCI/CAM court case

DRD Chief Executive Officer Ian Murray said he was “unfazed” by the postponement granted to JCI and CAM in the Johannesburg High Court today (26.03.04) of proceedings by DRD against JCI and CAM for the recovery of some R40 million, including interest.
25 March 2004

Blyvoor’s “Rand-beater” task team secures outcomes-based workplace agreement with rock drill operators

An outcomes-based incentive scheme for rock drill operators at DRD’s Blyvooruitzicht Mine is the first initiative to emerge from the efforts of a multi-disciplinary task team appointed two weeks ago to “beat the R/kg gold price before it beats us”.
25 March 2004

DRD responds to court judgement

During the course of last year, Roger and Brett Kebble brought an action against DRD and Associated Intelligence Network (Pty) Ltd, claiming punitive constitutional damages arising out of alleged invasion of privacy and constitutional rights. DRD is defending the action.
15 March 2004

DRD’s Blyvoor Mine appoints stakeholder task team to help fight impact of Rand strength on margins

Durban Roodepoort Deep, Limited‘s Blyvooruitzicht Mine has appointed an eight-person task team, representative of management and organised labour, to urgently investigate the negative impact on the operation’s margins by the effect of Rand strength on costs and revenues, and to propose counter measures.
08 March 2004

Offer to shareholders of Emperor Mines Limited

1. INTRODUCTION QuestCo (Pty) Limited is authorised to announce that, in keeping with its Australasian expansion strategy, DRD will make an offer to acquire all of the outstanding shares in Emperor Mines Limited (“Emperor”). Emperor is a gold mining company listed on the Australian Stock Exchange Limited (“ASX”). Emperor’s main asset is the Vatukoula gold mine, located on the northern coast of Fiji’s largest island, Viti Levu. Emperor also has an advanced stage exploration project, Tuvatu, located on the western coast of Viti Levu.


07 March 2004

DRD announces takeover offer for Emperor Mines Ltd

Johannesburg, South Africa – 8 March 2004 – Durban Roodepoort Deep, Limited (JSE:DUR; NASDAQ:DROOY; ASX:DRD) is pleased to announce its intention to merge with Emperor Mines Limited (ASX: EMP). The proposal follows weekend discussions between the two parties. The merger will be implemented by DRD making a scrip takeover offer at a premium for all the shares it does not own in Emperor. DRD currently holds 19.78% of Emperor.


04 February 2004

DRD agrees to sell 5% interest in Porgera gold mine to MRE

DRD is pleased to announce that Orogen Minerals (Porgera) Limited, its wholly owned, Papua New Guinea registered subsidiary, which owns 20% of the Porgera Gold Mine mineral tenements (“tenements”), has concluded a transaction with local land owner, Mineral Resources Enga Limited ("MRE"), to sell a 5% direct interest of the tenements to MRE for a purchase price of US$22.521 million with an effective date of 1 January 2004.
29 January 2004

DRD scores safety hat trick

DRD has scored a safety hat trick
29 January 2004

DRD beats stronger Rand

DRD increased gold production by 20% and reduced costs by 13% to “substantially beat” the negative impact of the stronger Rand during the quarter ended 31 December 2003
29 January 2004

DRD squares up once more to Iscor

DRD said today that it would continue, together with Harmony Gold Mining, its action against iron and steel giant Iscor to secure “fair” steel prices.
26 January 2004

DRD takes strategic stake in goldmoney.com

DRD today broadened its initiatives to expand the gold market by announcing its acquisition of a strategic stake in GoldMoney.com


22 January 2004

DRD commissions low-cost Blyvooruitzicht slimes dam reclamation project

Blyvooruitzicht Mine (Blyvoor) near Carletonville has successfully commissioned a R45 million slimes dam reclamation project, expected to bring in more than 84 kg of gold a month over eight years at a cost of less than $200 an ounce.