In the media

09 December 2008

DRDGOLD gains as Mintails struggles

[] - 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.
09 December 2008

DRDGOLD to buy remaining stake in Elsburg JV

[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.
21 August 2008

DRDGOLD says Top Star mining right granted

[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.
21 August 2008

DRDGOLD reports FY profit, names Pretorius CEO-designate

[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.
21 August 2008

DRDGOLD to boost production to 400,000 oz

[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.
21 August 2008

DRDGOLD ready to grow again

[] - 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.
11 June 2008

Gold mining 'fallen flat on its face' as investment, says DRDGOLD CEO Sayers

[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.
10 June 2008

DRDGOLD ready to grow again

[] - 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.
10 June 2008

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

[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.
16 May 2008

DRDGOLD dividend to 'patient' investors likely in June, says CEO Sayers

[Miningweekly] - Adividend to “patient” share-holders is likely to be declared at the upcoming June year-end, says JSE-listed DRDGOLD CEO John Sayers.
09 May 2008

DRDGOLD reports jump in third-quarter profit

[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.
09 May 2008

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

[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.
25 April 2008

Moneyweb Interview: John Sayers: CEO, DRDGOLD

View the video interview
03 April 2008

Ergo comes back to life

[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.
18 March 2008

Ergo JV expects first gold before year-end

[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.
18 March 2008

DRDGOLD to maintain stability with Ergo gold tailings project

[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.