In the media

25 March 2019

Gold stocks shine as investors seek refuge from global market fears

With the price of gold showing no signs of decline, gold companies are reaping the benefits.


22 March 2019

Gold surface tailings re-treater increases environmental spend

South African gold pducer DRDGold is continuing its progress on environmental initiatives having increased its environmental spend by 23% t0 R51.6-million for the 2018 of financial year.


14 February 2019

DRDGOLD touts upside of Far West Gold Recoveries project

DRDGOLD Ltd CEO Niel Pretorius tells Proactive Investors the gold tailings company is looking forward to the contribution of its Far West Gold Recoveries (FWGR) project in the second half, as it posted results for the six months to the end of December.


14 February 2019

WATCH: How power cuts rained on DRDGold’s parade

Miner DRDGold released its interim results on Wednesday, and power-related problems cut R27m from its interim revenue. The company reported a headline loss of more than R46m, operating profit plunged 54%, while revenue remained flat at R1.25bn.


13 February 2019

Eskom grid upkeep increasingly problematic – DRDGold

The quality of maintenance of the Eskom distribution infrastructure is becoming increasingly problematic, DRDGold CEO Niël Pretorius said on Wednesday.


13 February 2019

Eskom grid upkeep increasingly problematic – DRDGold

The quality of maintenance of the Eskom distribution infrastructure is becoming increasingly problematic, DRDGold CEO Niël Pretorius said on Wednesday.


13 February 2019

DRDGOLD CEO gives his views on #Eskom, future opportunities

DRDGold’s share price fell almost 4 per cent after its interim results revealed a 3 per cent decrease in gold production and operating profit down by more than half. The gold producer was also not immune to load shedding, losing approximately 49kg of gold due directly to power supply disruptions. Joining CNBC Africa for more is Niël Pretorius the CEO of DRDGold.


13 February 2019

DRDGold weighs into power crisis calling “the once mighty Eskom” its “single biggest risk”

DRDGold laid a halving of operating profit for the first half of its 2019 financial year squarely at the door of “the once mighty Eskom” which it described as its Ergo operation’s “single biggest risk” factor.


13 February 2019

DRDGold reports lower gold production due to power outages

Gold producer DRDGold said on Wednesday that it had lost around 49kg of gold production in the first half of 2019 financial year as a direct consequence of power supply disruptions.


13 February 2019

Five things making headlines in South Africa today

There’s nothing new as far as load shedding is concerned. On Wednesday, the fourth consecutive day of planned blackouts, Eskom says that it plans to continue with its stage 3 of load shedding. The reason remains the same, “high demand or urgent maintenance being performed”, but history has taught us that there could be more to this.


13 February 2019

DRDGold profit down, gold reserves up

Surface gold mining company DRDGold on Wednesday reported a 54% fall in operating profit to R102.2-million in the six months to December 31, but a major jump in mineral reserves.


13 February 2019

Electricity constraints lower DRDGold’s output

The miner flagged increased output for the 2019 financial year as its new project comes on line after a tough start to the year due to electricity disruptions


06 February 2019

Watch: CNBC Africa interview

Although there isn’t 100 per cent ideological alignment on everything, players in the mining industry take comfort from the fact that there is constructive engagement. This is according to Niël Pretorius, CEO of DRDGOLD, who spoke to CNBC Africa’s Fifi Peters at the 25th Investing in African Mining Indaba in Cape Town. They also talk about the single biggest challenge for DRDGOLD being the reliability of the power supply, and other pertinent issues like the institutional damage that had been done in the past.


05 February 2019

Watch: Business Day Television interview, parts 1 and 2

Well for most miners its becoming the case of adapt or become irrelevant. We caught up with the CEO of DRD Gold, Niël Pretorius as he talked us through how DRDGold is trying to remain relevant with its strategy in this tough operating environment.