Media releases
03 December 2018
Far West Gold Recoveries, phase 1: early-stage commissioning in progress
DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) 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.
31 October 2018
DRDGOLD upbeat about Far West Gold Recoveries commercial success
DRDGOLD Limited says it believes the commercial success of its new Far West Gold Recoveries project may lift the company’s profile in the investment domain, positioning it for growth and evolving its share into a “growth” stock.
31 October 2018
Operating update for Q1 FY2019, ended 30 September 2018
DRDGOLD Limited, in an operating update for the first quarter of the 2019 financial year (FY2019) ended 30 September 2018 released today, reported gold production of 1 169kg from throughput of 6 249 000t at an average grade of 0.187g/t.
05 September 2018
Upbeat about prospects for FY2019
DRDGOLD announces higher production, operating profit, heps in FY2018
DRDGOLD Limited today reported a year-on-year increase of 38% in operating profit to R355.2 million.
29 August 2018
DRDGOLD expects rise in headline earnings per share due to higher gold production
DRDGOLD Limited in a trading statement and production update released today, says it expects to report headline earnings of between 1.53 and 1.87 cents per share for the financial year ended 30 June 2018 (FY2018).
01 August 2018
Acquisition of WRTRP from Sibanye-Stillwater completed
DRDGOLD Limited announced today that its acquisition from Sibanye-Stillwater of its West Rand Tailings Retreatment Project (WRTRP) assets has been completed.
29 May 2018
Euronext Access Paris market: Termination of listing of DRDGOLD securities
DRDGOLD shareholders are advised that a formal application, in accordance with Article 7.1 of the Euronext Access Rules, has been made to the authorities of the Euronext Access Paris market (“Euronext”) for the voluntary termination of the listing of DRDGOLD securities on Euronext (“Termination”). The Termination will become effective from 30 May 2018.
28 March 2018
WRTRP acquisition approved by DRDGOLD shareholders
DRDGOLD Limited has announced that, at a general meeting today, shareholders voted in favour of all resolutions relating to the company’s proposed acquisition of certain of Sibanye-Stillwater’s West Rand Tailings Retreatment Project (WRTRP) assets.
15 February 2018
DRDGOLD reports 27% increase in operating profit, reflecting 11% rise in gold production
DRDGOLD has reported a 27% increase in operating profit to R219.9 million and declared an interim dividend of five cents per share for the first six months of FY2018, ended 31 December 2017.
15 February 2018
DRDGOLD provides update on plans for Sibanye-Stillwater’s West Rand Tailings Retreatment Project
DRDGOLD CEO Niël Pretorius says the proposed transaction with Sibanye-Stillwater, based on the latter’s West Rand Tailings Retreatment Project (WRTRP) “is well within DRDGOLD’s capacity to execute, and is capable of delivering both short-term value and long-term optionality”.
12 February 2018
Electricity dispute with Ekurhuleni municipality: interim payment of R126 million to be made
DRDGOLD Limited, in a stock exchange announcement today, says thatan estimated payment of R126 million its subsidiary, Ergo Mining Proprietary Limited (Ergo) is to make to Ekurhuleni Metropolitan Municipality (EMM) to ensure continued electricity supply to Ergo will reduce DRDGOLD’s cash balance of R295 million as at 31 December 2017.
12 February 2018
Interim payment to Ekurhuleni metropolitan council
In December 2014 DRDGOLD’s subsidiary, Ergo Mining Proprietary Limited, instituted motion proceedings in the High Court of South Africa against the Ekurhuleni Metropolitan Council and Eskom for an order declaring.
08 February 2018
Proposed transaction with Sibanye-Stillwater gets competition authorities approval
DRDGOLD Limited announced today that South Africa’s Competition Authorities yesterday approved the company’s proposed transaction with Sibanye-Stillwater.
08 February 2018
Competition authorities approval in respect of the proposed transaction
Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the announcement published by DRDGOLD on SENS on Wednesday, 22 November 2017.
06 February 2018
Forecast financial information and pro forma financial information in relation to the proposed transaction and withdrawal of cautionary
Unless otherwise indicated, capitalised words and terms contained in this announcement shall bear the same meanings ascribed thereto in the announcement published by DRDGOLD on SENS on Wednesday, 22 November 2017.
06 February 2018
DRDGOLD releases forecast and pro forma financial information for WRTRP acquisition
DRDGOLD, in a further announcement to the market today regarding its proposed acquisition of Sibanye-Stillwater’s West Rand Tailings Retreatment Project (WRTRP), forecasts profit of R229.4 million from the WRTRP for the 12 months ending 31 December 2019.
01 February 2018
DRDGOLD trading statement and production update: increase in EPS, HPS
DRDGOLD, in a trading statement and production update released today, states that it expects to report earnings per share (EPS) of between 14.16 cents and 14.64 cents per share (cps) for the six months ended 31 December 2018, compared with 0.6 cps for the same period in FY2017.
01 February 2018
Trading statement and production update for the six months ended 31 December 2017
In terms of paragraph 3.4(b) of the Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that, with a reasonable degree of certainty, the financial results for the current reporting period will differ by at least 20% from the financial results of the previous corresponding period.
18 January 2018
Extension of circular posting date
Shareholders are hereby advised that the JSE Limited has granted DRDGOLD an extension in relation to the posting date of the Circular relating to the Proposed Transaction until 28 February 2018.