Media releases
18 January 2010
Extension of cautionary announcement
Shareholders are referred to the announcement dated 2 December 2009 relating to the sale of a 60% interest in DRDGOLD SAs wholly owned Blyvoor, to Aurora for a consideration of R296.2 million with effect from 1 December 2009.04 November 2002
DRD responds to Oxfam statement
An embargoed Oxfam media release alleging mercury pollution by Durban Roodepoort Deep, Limited’s Tolukuma Gold Mine in Papua New Guinea, scheduled for release on Monday, 4 November 2002, has been brought to the company’s attention. In the interests of transpare ncy, the company has decided to break the embargo and issue the full Oxfam release (attached), together with the company’s response.04 November 2002
DRD convertible note issue: media release
Durban Roodepoort Deep, Limited (DRD) has successfully raised US$60 million, primarily to fund growth, through the issue of four year 6% Senior Convertible Notes, mainly to investors in North America and Europe, Chairman and Chief Executive Officer Mark Wellesley-Wood announced today (4.11.02).10 October 2002
DRD, Khumo Bathong JV secure ERPM in curtain-raiser charter transaction
In a "curtain-raiser" to the South African Mining Charter released yesterday, Crown Gold Recoveries (Crown) – a black economic empowerment (BEE) joint venture between Durban Roodepoort Deep, Limited (DRD) and Khumo Bathong Holdings (Pty) Limited (KBH), announced today (Thursday, 10 October, 2002) that it has secured an agreement to purchase East Rand Proprietary Mines Limited (ERPM) for R90 million.08 July 2002
DRD completes hedge book close out
Durban Roodepoort Deep, Limited (DRD) has confirmed that it has closed out its full revenue hedge book, as promised to the market.24 June 2002
DRD obtains High Court approval for validation of RAWAS shares
An application by Durban Roodepoort Deep, Limited (DRD) to the South African High Court to validate the allotment and issue of 8 252 056 DRD ordinary shares has been successful.17 June 2002
DRD moves into top 40 on JSE
Durban Roodepoort Deep (DRD) is to be included in the Top 40 index of the new series of FTSE/JSE indices that are to be launched on 24 June 2002. The share will have a 100% weighting and a ranking of 30 in the index. DRD’s move from the mid-cap index to the Top 40 index follows the sharp increase in its share price in the last year. Its new ranking is based on the share’s market capitalisation as at 7 June, which amounted to R8.5 billion (at a share price of R50). This is compared to R770 million in July 2001.10 June 2002
Durban Roodepoort Deep seeks full listing on the ASX
Durban Roodepoort Deep, Limited (DRD), South Africa’s fourth largest gold mining company, announced today that it intends to seek full listing on the Australian Stock Exchange, subject to the grant of the necessary waivers from the ASX Listing Rules and confirmation on other administrative matters.07 June 2002
DRD takes legal action to get back misappropriated funds
Durban Roodepoort Deep, Limited (DRD) has issued proceedings in the Supreme Court of Western Australia against a number of individuals and companies for the recovery of misappropriated funds, Chairman and Chief Executive Officer Mark Wellesley-Wood told a special meeting of shareholders in Johannesburg today (Friday, 7 June, 2002).31 May 2002
DRD denies reports of mine closure, production cuts
Durban Roodepoort Deep, Limited Chairman and Chief Executive Officer Mark Wellesley-Wood has strongly denied reports which began circulating yesterday that the company was "set to lose over 40% of its refined gold production this year due to the exhaustion of a mine".23 May 2002
DRD accelerates hedge close out
Durban Roodepoort Deep, Limited (DRD) has announced the placement of 10.0 million new shares to raise approximately $40 million, $35 million of which will be used to accelerate the close out of the company’s hedge book positions.09 May 2002
Blyvoor safety award “shows what we can do,” says DRD Chairman
Durban Roodepoort Deep Limited, whose North West Operations have been in the news in recent weeks due to deteriorating safety performance, announced today (9.5.02) that its Blyvooruitzicht (Blyvoor) Mine near Carletonville has won one of the gold mining sector’s most important safety competitions for the fourth year in succession.20 March 2002
Board appointments and corporate developments following a meeting of the DRD board
At a meeting of the board of Durban Roodepoort Deep, Limited today (20 March 2002), the board has confirmed:- Chairman and CEO, Mark Wellesley Wood has been granted a work permit by the relevant South African government authorities which will enable him to travel unrestricted to and from South Africa and to conduct business on behalf of the company in an executive capacity.
12 March 2002
New Blyvoor profit share scheme means lowest paid workers can earn up to 55% more
Durban Roodepoort Deep, Limited has announced a new profit sharing scheme at its Blyvooruitzicht Mine near Carletonville that will give the mine's lowest paid workers the opportunity to boost their earnings by 55%.06 March 2002
Unanimous support for DRD’s Wellesley-Wood
At a special meeting of the Board of Durban Roodepoort Deep, Limited yesterday (5.3.02), Mark Wellesley-Wood received the directors’ unanimous support to continue in his capacity as the company’s Chairman and Chief Executive Officer.04 March 2002
Ordinary shares issued in connection with RAWAS transaction
I refer to my Chairman’s Statement accompanying the Financial Statements for the year ended June 30 2001 in which I undertook to keep shareholders informed of progress on the above matter.04 March 2002
DRD suspends Roger Kebble as Executive Director
Durban Roodepoort Deep, Limited (DRD) this morning (04.03.02) suspended Executive Deputy Chairman Roger Kebble from his executive functions with immediate effect.03 March 2002
DRD responds to media report of CEO’s deportation
Contrary to a report in today’s City Press newspaper (3.3.02), Durban Roodepoort Deep, Limited’s Chairman and Chief Executive Officer, Mark Wellesley-Wood, has not been served with deportation orders and ordered out of South Africa.13 February 2002
DRD Black Empowerment SENS
The Board of Directors of DRD is pleased to announce that DRD has reached agreement with KBH, the mining company led by Dr Paseka Ncholo, and The Industrial Development Corporation of South Africa Limited (“the IDC”)