A world leader in surface gold tailings retreatment

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JSE: DRD ZAR 1412.00c -4.27% 02 December 2021 at 4:42pm See detailed share price data and graphs

NYSE: DRD USD 8.83 0.00% As at 02 December 2021, 16:36pm

GOLD USD/oz 1,740.93

  ZAR/kg 887,138

Updated: December 02, 2021 at 15:18:05.

 

HC Wainwright Mining Conference

30 November 2021

DRDGOLD RELEASES ANNUAL REPORT SUITE

28 OCTOBER 2021

In this integrated report, we address the performance and sustainable value creation of Ergo Mining Proprietary Limited (Ergo) and Far West Gold Recoveries Proprietary Limited (FWGR), the reclamation operations owned and managed by DRDGOLD Limited during the financial year from 1 July 2020 to 30 June 2021.

WATER AND LAND

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    SEPTEMBER 2021
  • FWGR CONVERTS TO CLOSED CIRCUIT SLIMES MILLING FOR FINER GRIND, MORE GOLD

The Far West Gold Recoveries (FWGR) surface retreatment operation of DRDGOLD Limited, near Carletonville in South Africa’s Gauteng Province, is nearing completion of an R80 million project to convert its Driefontein No 2 Plant (DP2) to closed circuit slimes milling, the key objectives being to achieve a finer grind and thus improved gold recovery.

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FWGR CONVERTS TO CLOSED CIRCUIT SLIMES MILLING FOR FINER GRIND, MORE GOLD

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    AUGUST 2021
  • DRDGOLD’S ERGO CLEANS UP:

    SUSTAINING RECLAMATION, LIBERATING LAND FOR SUSTAINABLE USE

DRDGOLD subsidiary Ergo Mining (Pty) Limited has begun reclamation – at a R3.8 million set-up cost – of the 2.7Mt 4L25 mine dump.

This mine dump is situated within the 4A8 reclamation area, less than 5km from downtown Johannesburg’s central business district, in the vicinity of Ergo’s City Deep milling and pumping plant.

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DRDGOLD’S ERGO CLEANS UP: SUSTAINING RECLAMATION, LIBERATING LAND FOR SUSTAINABLE US

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    JULY 2021
  • DRDGOLD Limited’s Far West Gold Recoveries (FWGR) operation south-west of Johannesburg is currently retreating material reclaimed from the Driefontein No.5 dam.

The reclaimed material contains high levels of copper which competes with gold for cyanide in the leach and co-adsorbes on to activated carbon. Copper and gold is removed from the carbon and subsequently recovered together in the electro winning process.

A consequence has been that gold purity in the bullion was low due to high levels of copper. Copper in bullion incurs penalty charges of between 1 and 5% at refinery level; FWGR has been allocated 98% of its gold production with 2% lost to refining charges.

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DRDGOLD’S ERGO CLEANS UP: SUSTAINING RECLAMATION, LIBERATING LAND FOR SUSTAINABLE US

DRDGOLD's priority in dealing with COVID-19 is the health and safety of our employees.

Please visit our COVID-19 portal for further information.



ABOUT DRDGOLD

DRDGOLD is a South African gold producer and a world leader in the recovery of gold from the retreatment of surface tailings. Our network of assets is unrivalled in South Africa and, with our consolidated businesses operating as a single entity, is focused on optimising these assets in order to increase gold production.

At the end of FY2020, DRDGOLD provided jobs for 2 566 people, including 951 permanent employees. The remaining 1 615 people worked for the specialist service providers engaged by the company to provide the expertise required for tailings reclamation and tailings dam management. In FY2020, the company produced 174,385oz of gold and generated R4,185 million in revenue. Our environmental spend was R54.4 million and 66 hectares of tailings storage facilities were vegetated. At 30 June 2020, Ergo’s declared Mineral Resources was 7.79Moz (897.18Mt@0,270g/t) and Mineral Reserves 3.13Moz (310.26Mt@0,313g/t). At FWGR, Mineral Resources and Mineral Reserves of 2.60Moz (237.98Mt@0.339g/t) were declared.

Mining for Schools website

This website, developed by the Minerals Council South Africa which supports and promotes the South African mining industry, provides resources for teachers and learners to reinforce, enhance and extend learning. The content aligns with the Grade 12 Economic Geography of South Africa: Mining section of the South African Department of Basic Education's Curriculum and Assessment Policy Statement (CAPS).

More available at: www.miningforschools.co.za