In the media

06 December 2018

DRDGOLD has good commissioning for first phase of Far West Gold Recoveries project

DRDGOLD Ltd CEO Niel Pretorius tells Proactive Investors that the gold-tailings company commissioned its first phase of the Far West Gold Recoveries project today in West Rand, South Africa.

04 December 2018

DRDGOLD announces the advancement of the first phase of the Far West Gold Recoveries

DRDGOLD Limited has announced that, just four months into construction of Phase 1 of its Far West Gold Recoveries project, commissioning is set to start on Thursday (6 December) with the pumping of reclaimed tailings into the carbon-in-leach (CIL) circuit.

03 December 2018

DRDGold commissions Far West tailings project in SA

Bullion producer DRDGold Limited on Monday announced that commissioning is set to start this week at its Far West gold recoveries project in Gauteng with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into construction of the first phase.

03 December 2018

DRDGOLD’s Far West Gold Recoveries project due to start this week

JSE-listed gold recovery company DRDGold’s Far West Gold Recoveries project, formerly the West Rand Tailings Retreatment project, is set to start pumping reclaimed tailings into the carbon-in-leach circuit on December 6.

22 November 2018

DRDGOLD: South Africa’s largest tailings project kicks into first gear

[Mining Review] DRDGold has embarked on the first phase of what will be one of the largest tailings recovery operations in South Africa.

31 October 2018

DRDGold hoping Sibanye deal grounds ‘the Roodepoort Rocket’ effect … permanently

DRDGold CEO, Niël Pretorius, said shareholders ought to capitalise on the firm’s investment in gold tailings from Sibanye-Stillwater which were paid for in shares and that allow the precious metals company the option of buying control of DRDGold.

31 October 2018

Growth stock tag possible from Far West surface project –­ DRDGold

When it comes to the gold sector, recovering the precious metal from dumps on surface beats pursuing it in deep, dark and dangerous underground mines.

12 September 2018

DRDGold projects boost Ergo efficiency, lower costs

Three major projects completed by surface gold mining company DRDGold are expected to boost the fortunes of the company’s Ergo plant on the East Rand.

06 September 2018

DRDGold aims big with tailings

DRDGold wants to join forces with other gold mining companies to the west of Johannesburg to construct a vast tailings retreatment and area clean-up. CEO Niël Pretorius, whose company is embarking on a R300m first phase of a tailings processing project, said on Wednesday the creation of a mega tailings retreatment facility would bring cost and environmental benefits to the historical mining area.

06 September 2018

Business Day TV - DRDGOLD results

CEO of DRDGold, Neil Pretorious joined Business Day TV to elaborate more on reports that DRDGold reported operating profit for the year to end-June rose 38% to R355m from the previous year, with revenue up 6% to R2.49bn.

05 September 2018

DRDGold expecting rapid gold output from West Rand tailings project

 The high quality of the gold tailings retreatment infrastructure that surface gold mining company DRDGold has acquired on the Far West Rand in partnership with Sibanye-Stillwater is enabling the company to get into production very quickly, DRDGold CEO Niél Pretorius said on Wednesday.

05 September 2018

DRDGOLD reports operating profit increase of 38%

Shares in gold producer and recovery specialist DRDGOLD [JSE:DRDGOLD] jumped by 6% at noon on Wednesday, after it announced a year-on-year increase of 38% in operating profit to R355.2m. Total gold production was up 10% to 4 679kg, while the group grew its headline earnings per share from 0.2c in 2017 to 1.7c for the year ended June 30, 2018.

05 September 2018

DRDGold shares leap on higher-grade fillip

A 10% increase in gold production provided an important fillip for surface gold mining company DRDGold, which benefitted from high-grade sand material in the 12 months to June 30.

05 September 2018

DRDGold to hedge third of 2019 output as embarks on expansion

DRDGOLD today departed from a long-standing commitment not to hedge its gold production in acknowledgement that a transaction with Sibanye-Stillwater unveiled some 10 months ago had introduced more risk into the business.

05 September 2018

DRDGOLD operating profit up

Surface gold producer DRDGold on Wednesday reported a sharp rise in operating profit, higher gold production and a spurt of cash flow.

05 September 2018

Higher taxes take shine of DRDGold’s strong operating performance

DRDGold, a gold tailings retreatment specialist, reported an improved annual operating performance and cash flows as it continued its legal battle with the Ekurhuleni municipality over tens of millions of rand in fees charged for electricity.

29 August 2018

Higher production lifts DRDGold full-year HEPS

Dual-listed gold recovery company DRDGold expects to report earnings per share (EPS) of between 1.18c and 1.82c apiece for the financial year ended June 30, compared with earnings of 3.2c in the prior comparable period, which represents a decrease of between 43% and 63%.

13 August 2018

Can’t allow ego to stand in way of DRDGold’s future – Pretorius

“Anyone can be a CEO; you can be the CEO of your corner shop if you want to,” said Niël Pretorius who actually doesn’t sell vegetables or cigarettes, but happens to be the CEO of a surface gold retreatment company – DRDGold.

01 August 2018

All systems go for DRDGold as R396m Sibanye-Stillwater deal sealed

It was all-systems go for DRDGold which announced today it had concluded the purchase of surface gold reserves from Sibanye-Stillwater in exchange for a 38% stake in the company worth R396m.

06 April 2018

Currency woes

While the strengthening of South Africa’s rand against the dollar in recent months has been widely welcomed by many, it has somewhat dampened the outlook for exporters and mining firms reliant on a weakened currency to widen margins.

28 March 2018

DRDGold shareholders approve WRTRP deal with Sibanye-Stillwater

Dual-listed DRDGold’s shareholders on Wednesday voted in favour of all resolutions relating to the company’s proposed acquisition of certain assets at diversified miner Sibanye-Stillwater’s West Rand Tailings Retreatment Project (WRTRP).

28 March 2018

DRDGold shareholders support Sibanye-Stillwater tailings deal

The key resolutions approved were that DRDGold would issue 265 million shares to Sibanye-Stillwater in return for WRTRP which will allow DRDGold process some 78 million tonnes (Mt) of gold-bearing tailings in the first phase of the project. In return for the resources, approximately 38% of DRDGold will be handed over to Sibanye-Stillwater.

23 March 2018

How DRDGold scored another jackpot

DRDGold has hit a rare jackpot for the second time in the tailings transaction with Sibanye-Stillwater, securing good grades, water, infrastructure and a licensed deposition site while nearly doubling its gold reserves, says CE Niël Pretorius.

05 March 2018

DRDGOLD's reserves to nearly double following Sibanye-Stillwater acquisition

Niel Pretorius, chief executive of DRDGOLD Limited, discusses with Proactive's Andrew Scott the proposed deal with Sibanye-Stillwater.

23 February 2018

DRDGOLD maintains WRTRP will deliver short-term value

[Mining Review] -- Dual-listed DRDGOLD CEO, Niël Pretorius, says the proposed transaction with Sibanye-Stillwater, based on the latter’s West Rand Tailings Retreatment Project “is well within DRDGOLD’s capacity to execute, and is capable of delivering both short-term value and long-term optionality”.

19 February 2018

Watch: South African gold miners show good interim numbers

[Africa Live] -- It's reporting season for some of the gold miners in South Africa, and at least two of them are showing good interim results. Harmony Gold produced a 49 percent increase in headline earnings recently. And DRDGold was also happy with its six months performance.

16 February 2018

Watch: DRDGold is back in the black

[Business Day] -- Gold producer DRDGold released its interim on Thursday, announcing that revenue was up 6% to R1.25bn due to higher gold production and gold sales.

15 February 2018

DRDGold leaps almost 9% after declaring dividend

[Business day] -- DRDGold’s share price jumped 8.8% to R8.85 on Thursday morning after it declared a 5c interim dividend on a return to profit.

15 February 2018

Listen: Neil Pretorius radio interview

[RSG] -- DRDGold results: Neil Pretorius radio interview 

05 February 2018

DRDGold’s Pretorius to win support for Sibanye deal with cash bait

[Miningmx] -- DRDGold CEO, Niël Pretorius, will hope to persuade the firm’s shareholders that the company can generate enough cash to significantly offset the R2bn capital required to process gold-bearing tailings purchased from Sibanye-Stillwater.