A world leader in surface gold tailings retreatment
121 Mining Investment

JSE: DRD ZAR 900c 0.00% 25 January 2020 at 5:33am See detailed share price data and graphs

NYSE: DRD USD 6.13 +0.02% As at 24 January 2020, 23:02pm

GOLD USD/oz 1571.60 +0.59%

  ZAR/kg 727914.53 -0.58%

Updated:24 January 2020 at 17:01pm

 

DRDGOLD announces exercise by Sibanye-Stillwater of option to acquire additional 12% interest for approximately R1 billion

10 January 2020

DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) has announced that its 38% shareholder, Sibanye Gold Limited, trading as Sibanye-Stillwater, has exercised its option to acquire an additional 12% interest in DRDGOLD.

Full release

Media release: Production update

CEO Niël Pretorius is interviewed by CRUX Investor, December 2019

Join CEO Niël Pretorius and CFO Riaan Davel for a briefing on the results

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DRDGOLD Limited’s results for the six months ended 31 December 2019 will be released at approximately 08:00 on Wednesday, 12 February 2020 via SENS and the company’s website, www.drdgold.com


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 FY2018, DRDGOLD provided jobs for 2 304 people, including 878 permanent employees. The remaining 1 426 people worked for the specialist service providers engaged by the company to provide the expertise required for tailings reclamation and tailings dam management. In FY2018, the company produced 150 423oz of gold, generated R2 490.4 million in revenue, spent R1 452.7 million on capital projects (property, plant, equipment, surface) and 191ha of rehabilated land were lodged for clearance for redevelopment. Mineral Resources of 7.3Moz and Mineral Reserves of 3.3Moz 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