In the media

14 October 2021

DRDGOLD environmental manager wins award

Kleynhans (65), a qualified horticulturalist, has worked for DRDGOLD for some 37 years, 27 of these in his present role. He received the NACA award in recognition of his leadership role in addressing dust challenges at DRDGOLD’s active mine tailings reclamation sites, cleared sites and tailings storage facilities (TSFs). He has led the development of cost-effective procedures for the establishment and maintenance of indigenous vegetation on active reclamation sites, cleared sites and TSFs to reduce dust and improve air quality for surrounding communities.


14 October 2021

Lifetime contributions award for DRDGOLD’s environmental manager

Kleynhans (65), a qualified horticulturalist, has worked for DRDGOLD for some 37 years, 27 of these in his present role. He received the NACA award in recognition of his leadership role in addressing dust challenges at DRDGOLD’s active mine tailings reclamation sites, cleared sites and tailings storage facilities (TSFs). He has led the development of cost-effective procedures for the establishment and maintenance of indigenous vegetation on active reclamation sites, cleared sites and TSFs to reduce dust and improve air quality for surrounding communities.


13 October 2021

NA Proactive news snapshot: Esports Entertainment, Binovi Technologies, OTC Markets Group, Essex Minerals UPDAT

DRDGOLD Limited has said its environmental manager, Louis Kleynhans, has received a Golden Award for Lifetime Contributions to the Cause for Clean Air from the Council of the National Association for Clean Air (NACA). The company noted that Kleynhans, a qualified horticulturalist, has led the development of cost-effective procedures for the establishment and maintenance of indigenous vegetation on active reclamation sites, cleared sites and TSFs to reduce dust and improve air quality for surrounding communities.


24 September 2021

DRDGOLD's Far West Gold Recoveries project

DRDGOLD's acquisition of Sibanye-Stillwater's (Sibanye's) West Rand Tailings Retreatment Project assets was finalised on July 31, 2018. Following the successul implementation of the transaction between the two companies, Sibanye owned 38.05% of the issued share capital DRDGOLD.


14 September 2021

DRDGold’s Pretorius highlights rising importance of ESG for miners

Gold producer DRDGold CEO Niël Pretorius told investment firm CX Investments in an interview that investors were becoming more supportive of projects that may not necessarily have vast economic upside, but that will deliver in terms of environmental or social value-add.


13 September 2021

Niël Pretorius, CEO, DRDGOLD Ltd (DRDGOLD; JSE, NYSE: DRD). DRDGOLD Discusses Being a World Leader in the Recovery of Gold from the Retreatment of Surface Tailings in South Africa

We spoke with Niël Pretorius, who is the CEO of DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD)DRDGOLD is a South African gold producer and a world leader in the recovery of gold from the retreatment of surface tailings.


13 September 2021

DRDGold nears completion of project to achieve better recoveries at FWGR

NYSE- and JSE-listed DRDGold says a project to convert the Driefontein 2 Plant (DP2) at the Far West Gold Recoveries (FWGR) surface retreatment operation, in Gauteng, to closed-circuit milling, is nearing completion.
26 August 2021

WATCH: How DRDGold more than doubled earnings

A stronger average gold price, higher production and increased sales helped DRDGold more than double its annual headline earnings. The tailings treatment company has also lifted its final dividend by 14% to 40c. Alishia Seckam spoke to CEO Niël Pretorius for more detail.


26 August 2021

DRDGold operating profit rises to R2.2bn, thanks to strong gold price

“It’s year on year; remember that we’re coming out of a Covid year, so there was always going to be a slight increase if you just ran the business according to its capacity. And then if you were to compare volume throughput this year to previous years, then our volume throughput has actually been exceptionally good, but the plants have been predictable. They have been really well managed by our operating personnel, so we managed to get the tonnes in the mill. That’s key to a big-volume operation like ours,” said Niel Pretorius. 


26 August 2021

DRDGold pays its 14th consecutive dividend on higher gold prices

DRDGOLD, which mines old gold dumps around Johannesburg, yesterday said that it expected slightly lower production and higher operating costs in 2022 as it declared its 14th consecutive financial year of dividends during the year ended June 2021 on higher gold prices and sales. DRDGold, which operates Ergo and the Far West Gold Recoveries (FWGR), declared a final dividend of 40 cents per share, with group operating profit increasing by 39 percent to R2.2 billion.


25 August 2021

Fourteen years and counting as DRDGold declares final dividend

DRDGold, one of the world’s largest gold tailings retreatment companies, has declared a final dividend for the 14th consecutive year as strong gold prices pushed the group’s profit skyward. At the release of its results for the year ended June 30, DRDGold declared a dividend of 40cs per share for the year.


25 August 2021

DRDGold maintains dividend pay-out, records strong full-year performance

Headline earnings were 127% higher year-on-year at R1.4-billion, compared with headline earnings of R634.5-million in the comparative period. “By producing and selling more gold at a substantially higher average rand gold price and containing working cost increases reasonably well, we recorded a much higher operating profit.”


25 August 2021

DRDGOLD declares 40 cents per share final dividend

This is the 14th consecutive financial year of DRDGOLD declaring dividends. The company achieved 99% of the upper limit of its production guidance and exceeded its cash operating cost guidance of R535 000/kg by just 1%. At year-end, the company remained debt-free. Of DRDGOLD’s 2021 financial year, CEO Niël Pretorius says: “By producing and selling more gold at a substantially higher average Rand gold price and containing working cost increases reasonably well, we recorded a much higher operating profit.”


25 August 2021

Cash-flush DRDGold looks to go green

Cash-flush DRDGold delivered returns to shareholders through a 14th consecutive final dividend on Wednesday, but the gold tailing retreatment company is also preserving funds to embark on green energy projects in the year ahead. DRDGold executives described the year ended in June 2021 as “magic” for the company, which reaped the benefits of a high rand gold price and a strong production performance.


25 August 2021

Fourteen years and counting as DRDGold declares final dividend

DRDGold, one of the world’s largest gold tailings retreatment companies, has declared a final dividend for the 14th consecutive year as strong gold prices pushed the group’s profit skyward. At the release of its results for the year ended June 30, DRDGold declared a dividend of 40cs per share for the year.


25 August 2021

DRDGold sees future in battery metals

"By producing and selling more gold at a substantially higher average rand gold price and containing working cost increases reasonably well, we recorded a much higher operating profit," DRDGold CEO Niel Pretorius said. The company operates the Far West Gold Recoveries, west of Johannesburg, and the Ergo operations in Brakpan which consist of surface recoveries and metallurgical processes.


25 August 2021

DRDGold maintains dividend pay-out, records strong full-year performance

Headline earnings were 127% higher year-on-year at R1.4-billion, compared with headline earnings of R634.5-million in the comparative period. “By producing and selling more gold at a substantially higher average rand gold price and containing working cost increases reasonably well, we recorded a much higher operating profit.”


25 August 2021

DRDGOLD declares 40 cents per share final dividend

This is the 14th consecutive financial year of DRDGOLD declaring dividends. The company achieved 99% of the upper limit of its production guidance and exceeded its cash operating cost guidance of R535 000/kg by just 1%. At year-end, the company remained debt-free. Of DRDGOLD’s 2021 financial year, CEO Niël Pretorius says: “By producing and selling more gold at a substantially higher average Rand gold price and containing working cost increases reasonably well, we recorded a much higher operating profit.”


23 August 2021

South Africa’s DRD GOLD predicts that revenue will double in 2021

DRDGOLD (JSE, NYSE: DRD), South Africa’s gold producer and global leader in gold recovery from surface tailling reprocessing has earnings per share (“EPS”) and headline earnings per share (“HEPS”). We announced today that it will be 160.1 cents. EPS and HEPS for the year ended June 30, 2020 were 82.5 cents and 82.4 cents, respectively, while 176.5 cents for the year ended June 30, 2021 increased by 94% to 114%. was.


18 August 2021

South Africa's DRDGOLD anticipates earnings to double in 2021

DRDGOLD (JSE, NYSE: DRD), a South African gold producer and a world leader in the recovery of gold from the retreatment of surface tailings, announced today that it expects earnings per share ("EPS") and headline earnings per share ("HEPS") of between 160.1 cents and 176.5 cents for the year ended 30 June 2021 compared to EPS and HEPS of 82.5 cents and 82.4 cents for the year ended 30 June 2020, respectively, being an increase of between 94% and 114%.


18 August 2021

DRDGOLD to post doubling in share earnings but Eskom charges make presence felt

DRDGOLD expects to report a doubling in share earnings when it reports full year numbers for the 12 months ended June.


18 August 2021

Timothy Cumming chosen to chair DRDGold after a search of six months

DRDGOLD yesterday identified Timothy Cumming as its new chairperson after a six-month search.


18 August 2021

South Africa's DRDGOLD anticipates earnings to double in 2021

(Kitco News) - DRDGOLD (JSE, NYSE: DRD), a South African gold producer and a world leader in the recovery of gold from the retreatment of surface tailings, announced today that it expects earnings per share ("EPS") and headline earnings per share ("HEPS") of between 160.1 cents and 176.5 cents for the year ended 30 June 2021 compared to EPS and HEPS of 82.5 cents and 82.4 cents for the year ended 30 June 2020, respectively, being an increase of between 94% and 114%.
18 August 2021

DRDGold’s full-year earnings benefit from higher price, recoveries

Gold miner DRDGold, which is finalising its financial results for the year ended June 30, reports that its earnings per share (EPS) and headline earnings per share (HEPS) are likely to be between R16.01 and R17.65, which will be a year-on-year increase of between 94% and 114%.
18 August 2021

Rise in precious metal prices lifts DRDGold

Revenue is expected to rise 26% to R5.27bn in the year to end-June, with the group benefiting from higher prices and sales volumes


17 August 2021

DRDGOLD LIMITED – Change to the board of directors – appointment of chairman and change to nominations committee

DRDGOLD shareholders (“Shareholders”) are referred to the announcement published on SENS on Tuesday, 26 January 2021, wherein Shareholders were advised that Mr Geoffrey Campbell’s tenure as a director and chairman of the board of directors of the Company (“Board”) would come to an end with effect from 1 December 2021.


17 August 2021

DRDGold appoints Timothy Cumming as new chair

Cash-flush DRDGold, one of the world’s largest gold tailings retreatment companies, has named board member Timothy Cumming to replace board chair Geoffrey Campbell with effect from the beginning of December.


06 August 2021

DRDGOLD says its Ergo Mining subsidiary has begun reclamation of the 2.7-million-ton 4L25 mine dump

Besides sustaining City Deep’s production for longer, 4L25’s reclamation forms part of the extensive land rehabilitation programme, DRDGOLD is executing under its “rolling back gold mining’s environmental legacy” banner. The partially reclaimed dump will now be removed completely to liberate some 37 hectares of land for rehabilitation and sustainable land use, the company said.


06 August 2021

DRDGold continues Ergo clean-up, starts reclamation at mine dump

The reclamation of this dump was integral to sustaining production at Ergo and would free up a considerable land patch, DRDGold said in a statement on August 5. The dump is within the 4A8 reclamation area, less than 5 km from Johannesburg’s central business district, near Ergo’s City Deep milling and pumping plant.


29 July 2021

Risk Management is an ESG imperative

There is a close correlation between sustainable development and environmental, social and governance (ESG) concerns, says South African gold producer DRDGOLD CEO Niël Pretorius


15 July 2021

DRDGOLD says copper elution circuit at its Far West Gold Recoveries expects additional 1.2kg to 1.8kg of gold per month

DRDGOLD Limited reports that the new copper elution circuit at its Far West Gold Recoveries (FWGR) surface retreatment operation southwest of Johannesburg, is expected to deliver an additional 1.2 kilograms (kg) to 1.8kg of gold per month. The company said the additional gold would otherwise have been lost to refining charges. 


14 July 2021

Copper comes a cropper at DRDGold’s Far West

A new R12-million copper elution circuit at DRDGold’s Far West Gold Recoveries (FWGR) surface retreatment operation is expected to deliver an additional 1.2 kg to 1.8 kg of gold a month that would otherwise have been lost to refining charges. FWGR, south-west of Johannesburg, is currently retreating material reclaimed from the Driefontein No.5 dam. The material reclaimed contains high levels of copper which competes with gold and co-adsorbs on to activated carbon. Copper and gold are removed from the carbon and subsequently recovered together in the electrowinning process.


29 April 2021

DRDGOLD's Far West Gold Recoveries project

DRDGOLD's acquisition of Sibanye-Stillwater's (Sibanye's) West Rand Tailings Retreatment Project assets was finalised on July 31, 2018. Following the successful implementation of the transaction between the two companies, Sibanye owned 38.05% of the issued share capital of DRDGOLD.


16 February 2021

Cash-flush DRDGold plans ‘bold’ growth

The company, which is majority owned by Sibanye-Stillwater, a major platinum group metals (PGM) and gold producer, had cash of R2.17bn compared with R1.7bn at the end of its 2020 financial year in June. The level of cash and the outlook for the gold price coupled with being debt-free has positioned DRDGold to take a “bolder view” of its plans to expand its Far West Gold Recoveries operations near Carletonville, said CEO Niël Pretorius.


16 February 2021

SA Govt. ideology standing in the way of DRDGOLD’s massive growth plans, warns CEO

Said Pretorius: “The business is performing in a very stable way. It has good prospects and it will continue to pay dividends for as long as we are able to maintain this model”. But he stressed future expansions would remain in line with management’s current conservative strategy and would be dependent on both movements in the gold price and political and regulatory developments within South Africa which affected the country’s attraction as an investment destination. 


16 February 2021

DRDGold profit leaps on increase in gold price

Okay, volume throughput was still satisfactory; we are happy with the volumes that we managed to get. We are mining a very low-grade resource, though. And, if you multiply everything by north of two million tonnes per month – our production cycle – a difference in the third decimal could have a 10/15/20 kg difference at the end of that period. So, it’s by and large the head grade that went into the plant. I’m happy that our metallurgical efficiency and plant setup, but those were under control. Plus, we are under. [1:56]. It’s really a function of the quality of the ore body, and it comes, and it goes. There are some of the higher-grade types that have been mined out, but on the whole, it is something that does come and go.


16 February 2021

Environmental rehabilitation: Watch this space as DRDGold doubles operating profit

Asked during an online results presentation if this business model could be extended elsewhere, or if the company had considered this, CEO Niel Pretorius responded: “We look at operations from time to time, we don’t have anything worth mentioning at this stage on the radar just yet, but we certainly are not closing our minds to anything.  “We do believe that the shortcut to some of the operations outside of South Africa would be through our group association with Sibanye-Stillwater.”


16 February 2021

DRDGold flies sky high on numbers never seen before

“We’ve never seen numbers like this. I mean the cash operating profit was R1.4-billion and earnings R950-million. These are numbers over a six-month period. It’s really been a period where a lot of things went right for us,” DRDGold CEO Niël Pretorius told Mining Weekly in a Zoom interview on Tuesday after the Johannesburg- and New York-listed company reported 129%-higher headline earnings a share. (Also watch attached Creamer Media video.) 


16 February 2021

DRDGold declares 60%-higher dividend on soaring earnings

JOHANNESBURG (miningweekly.com) – Surface gold recovery company DRDGold has declared an interim cash dividend on soaring six-month earnings.


05 January 2021

A rocky year for almost every firm on the JSE, except the mining companies

Covid-19 took its toll on global economies and SA’s in particular – that much can be seen in the performance of SA’s blue-chip banking, retail and industrial stocks, which were hammered. Those that recover and thrive will be the companies with the strongest balance sheets and best management.