Media releases

07 December 2012

DRDGOLD and TCTA agree terms on acid mine drainage

DRDGOLD announced today that three of its subsidiary companies – collectively the Ergo Group – have entered into heads of agreement with Trans-Caledon Tunnel Authority (TCTA), aimed at laying a foundation for a self-sustainable solution to acid mine drainage (AMD) in the Central Witwatersrand Basin

03 December 2012

Results of the annual general meeting

DRDGOLD shareholders are advised that at the annual general meeting of Shareholders held on Friday, 30 November 2012, all the ordinary and special resolutions as set out in the notice of AGM dated 17 September 2012, were approved by the requisite majority of Shareholders present.

06 November 2012

Dealings in securities by directors and company secretary: acceptance of offer to repurchase share options

In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed regarding the acceptance on 05 November 2012 of the offer made by DRDGOLD to its directors, company secretary and directors of its major subsidiary to repurchase vested share options in terms of clause 5.10 of the DRDGOLD (1996) Share Option Scheme.

25 October 2012

51% Increase in operating profit

Johannesburg, South Africa. 25 October 2012. DRDGOLD Limited announced a 51% increase in operating profit from its continuing operation, Ergo, to R173.7 million for the quarter ended 30 September 2012, resulting from an increase in gold production, well contained costs and a higher Rand gold price received.

28 August 2012

Ergo delivers: increase of 53% in operating profit, 259% in HEPS

DRDGOLD Limited has reported a 53% increase in operating profit to R622.2 million from its continuing Ergo operation for the year to 30 June 2012, leading to a 259% increase in headline earnings per share from continuing operations to 61 South African cents.
03 July 2012

DRDGOLD restructures to consolidate surface retreatment operations

DRDGOLD Limited has announced a change in its group structure, consolidating all of its surface retreatment operations.
02 July 2012

DRDGOLD to raise R111 million for new flotation-grind plant

DRDGOLD Limited announced today that the Johannesburg Stock Exchange has granted it a listing in terms of its Domestic Medium-Term Note Programme. The programme provides for the issue of loan notes totalling R111 million.
27 June 2012

DRDGOLD returns funds to shareholders with second share repurchase

DRDGOLD Limited announced today that it has completed an on-market repurchase of 4.4 million DRDGOLD ordinary shares at an average price of R5.67 per share for a total consideration of approximately R25 million.
25 May 2012

Competition Commission approves Blyvoor transaction

DRDGOLD Limited and Village Main Reef Limited announced today that the South African Competition Commission has given its unconditional approval for the transaction in terms of which DRDGOLD will dispose its entire interest in Blyvooruitzicht Gold Mining Company Limited (Blyvoor) to a wholly-owned operating subsidiary of Village.
23 May 2012

DRDGOLD responds to Acid Mine Drainage controversy

DRDGOLD CEO Niël Pretorius has responded to reports about Advocate Johnny de Lange's comments during a parliamentary committee briefing yesterday on the Acid Mine Drainage issue.
10 May 2012

Update in respect of conditions precedent to the sale agreement in respect of the disposal of DRDGOLD's entire interest in Blyvooruitzicht Gold Mining Company Limited ("Blyvoor") to Village Main Reef Limited ("Village")

DRDGOLD shareholders are referred to the announcement published on the Securities Exchange News Service of the JSE Limited on 13 February 2012 and in the financial press on 14 February 2012.

26 April 2012

Ergo production improvement continues; next chapter of growth gets under way

DRDGOLD Limited today reported a 3% increase in gold production to 34 947oz from its newly consolidated Ergo and Crown surface retreatment operations for the quarter ended 31 March 2012, resulting in an operating profit of R162.2 million.

14 February 2012

DRDGOLD doubles cash inflow from operations; plans for further ergo expansion

Johannesburg, South Africa. 14 February 2012. DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) has reported a 107% increase in cash inflow from operations and substantially higher net profit and headline earnings for the quarter ended 31 December 2011. Gold production was steady and costs marginally lower.

13 February 2012

DRDGOLD, Village enter into Blyvoor sale of shares and claims agreement

Johannesburg, South Africa. 13 February 2012. DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) announced today that it has entered into a sale of shares and claims agreement with Village Main Reef Limited (Village) in respect of DRDGOLD's 74% interest in Blyvooruitzicht Gold Mining Company Limited (Blyvoor).

06 February 2012

Blyvoor gives notice of Section 189 (3) process to consider employee reductions

DRDGOLD shareholders are advised that, following a recommendation from the Board of Directors of its 74%-owned Blyvooruitzicht Gold Mining Company Limited (“Blyvoor”), it has resolved to suspend all further mining at Blyvoor’s low-grade Number 4 and 6 Shafts with immediate effect.