Tailings retreatment specialist DRDGold, whose share price more than doubled in 2019, reported a 69% surge in revenue during its half-year to end-December, mostly due to the effect of a full year of production from a new project.

FIRST production from Far West Gold Recoveries (FWGR) was a major contributor to DRDGOLD’s first six months of its 2020 financial year after gold retreatment company said today it would report a share earnings turnaround of up to 56 cents.

DRDGold's new majority shareholder Sibanye-Stillwater has platinum-bearing tailings that the retreatment specialist wants to process

Sibanye-stillwater, a 38 per cent shareholder in DRDgold, has exercised its option to acquire an additional 12 per cent interest in the company. The mining giant now has a majority stake of just over 50 per cent in DRDGold. Neil Pretorius, CEO of DRDgold joins CNBC Africa for more.

Sibanye-Stillwater spends R1bn to increase its ownership of SA’s leading mine dumps reprocessing company

SIBANYE-Stillwater has extended its stake in DRDGold to 50.1% in terms of an option agreement signed in 2017.

Sibanye-Stillwater [JSE: SGL] has acquired a majority shareholding in DRDGold, in a deal the company described as creating an industry-leading surface mining partnership.

JSE-listed gold miner Sibanye-Stillwater has exercised its option to subscribe for additional ordinary shares in surface gold miner DRDGold, increasing its shareholding to 50.1%, from 38.05% previously.

JOHANNESBURG (Reuters) - South African gold producer Sibanye-Stillwater has exercised an option to acquire an additional 12% interest in DRDGOLD, bringing its total stake to 50.1%, the smaller miner announced on Friday.

JSE- and NYSE-listed surface gold miner DRDGold produced just over 3 037 kg of gold in the six months ended December 31.