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