Tailings retreatment major DRDGOLD has undertaken several high-impact initiatives to stabilise operations, enhance recovery and secure energy supply. These projects include renewable-energy development and integration, as well as the development of new tailings storage facilities (TSFs).
Tailings retreatment company DRDGOLD is entering the next phase of its operational development – Ergo 2, ramping up tailings reprocessing and concentration of higher volumes as opposed to the higher yields of its first phase – Ergo 1, reports DRDGOLD CEO Niël Pretorius.
Riaan Davel is transitioning from CFO to a consulting role, with Henriette Hooijer taking over as CFO effective February 1, 2026, after working together for 20 years (9 at DRDGOLD)
The transformation of South Africa's gold mining sector represents a fundamental shift from traditional extraction methods toward comprehensive environmental stewardship.
DRDGOLD, a Johannesburg-based gold producer with a market capitalization exceeding $2 billion, has maintained an unbroken 18-year dividend payment record while operating a unique business model that extracts gold from mine tailings, processing 100,000-155,000 ounces annually from two main operations without ever borrowing to fund distributions.
At the recent 2025 Finance Indaba, DRDGold’s finance leaders revealed how their Workiva modernisation project turned reporting chaos into clarity – saving days of work, enhancing accuracy and turning accountants into strategic business partners.
DRDGOLD is in early-stage planning to expand internationally by establishing partnerships with miners interested in mining tailings.
DRDGold’s expansion plans have gained momentum after a cash windfall from record gold prices freed up capital in the three months to end-September.
There’s no stopping the gold price as it continues to rise, extending its record high to R73,362.99 per ounce. It seems that all that glitters is gold as South African gold miner DRDGold reports a marginal revenue increase of 2% for the first quarter of FY2026 (Q1 FY2026) ended 30 September 2025.
The high gold price has increased liquidity and cash generated by DRDGOLD in the three months to the end of September, the first quarter of the 2026 financial year of this Johannesburg- and New York-listed surface gold mining company.
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DRDGOLD results for the year ended 30 June 2026 19 August 2026 (PDF - 10.3MB)
Results for the year ended 30 June 2026 (PDF - 4.2MB)
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