In compliance with Rule 3.59 of the JSE Limited Listings Requirements, DRDGOLD is pleased to announce that, with effect from Friday 14 December 2007, Tandiwe Njobe has been appointed as an Independent Non-Executive Director of the Company.
DRDGOLD Limited has announced that, in terms of an order granted by the Labour Court to the company’s Blyvooruitzicht gold mine today, mine workers will be allowed to return to the underground working areas at the Nos 4, 5 and 6 shafts.
DRDGOLD Limited can confirm that, following the death of an employee in a rockburst at Blyvoor)on Friday, the Department of Minerals and Energy has issued a notice in terms of Section 54 of the Mine Health and Safety Act.
Shareholders are referred to the announcement released on 18 September 2007 by Emperor, the 78.7% held subsidiary of DRDGOLD, relating to the proposed merger between Emperor and Intrepid Mine. In terms of the Emperor merger, Emperor shareholders will be offered 1 Intrepid share for every 4.25 Emperor shares held.
DRDGOLD CEO John Sayers says the company’s stronger balance sheet – a consequence of the ‘substantially completed’ balance sheet restructuring of its Australasian interests – ‘provides impetus’ for growth in South Africa.
DRDGOLD SA, jointly owned by DRDGOLD (74%), Khumo Gold SPV (20%) and an employee empowerment trust (6%), today announced ‘encouraging’ results from a recently completed drilling programme to define the uranium (U308) resource in its Blyvooruitzicht (Blyvoor) operation’s slime dam material.
DRDGOLD SA, jointly owned by DRDGOLD (74%), Khumo Gold SPV (20%) and an employee empowerment trust (6%), today announced a 150% increase in total resources at its East Rand Proprietary Mines Limited (ERPM) operation at Boksburg.
The world’s biggest operation recovering gold from disused mine dumps, Crown Gold Recoveries (Pty) Limited (CGR), has begun reclaiming the 7.64 million-ton 3/L/2 mine dump south of Johannesburg’s central business district (CBD) to recover an estimated 115 000 ounces of gold.
Emperor announced today that an extraordinary general meeting of shareholders will be held in the coming weeks to consider, inter alia, a number of proposals relating to the sale of its interest in the Porgera Joint Venture in Papua New Guinea, and to confirm the appointment of two Board members.
Further to the announcements dated 12 April 2007 and 10 May 2007 regarding the conditional agreement for the disposal by Emperor, Emperor has now announced that it intends to return A$0.05 per Emperor share to Emperor shareholders by way of a capital return.
DRDGOLD and Mintails Limited today announced the formation of a new joint venture between Mintails SA, a wholly owned subsidiary of Mintails Limited, and DRDGOLD South African Operations, which is 74% held by DRDGOLD with the balance being held by its BEE partners, Khumo Gold SPV and an employee trust.
Mintails and DRDGOLD Limited announced today that they had reached agreement on the formation of a joint venture company to explore, evaluate and potentially mine gold and uranium in the Western Rand Goldfield of South Africa's Witwatersrand Basin.
DRDGOLD CEO John Sayers said today that sign-off on the sale of 78.9%-owned Emperor’s stake in the Porgera Joint Venture in Papua New Guinea (PNG) to Barrick Gold Corporation would contribute towards a “good foundation” for DRDGOLD going forward.
DRDGOLD Limited has announced that workers at DRDGOLD SA’s Blyvooruitzicht mine near Carletonville, who embarked on illegal strike action for the second time in two weeks at the start of the night shift on Tuesday, 27 February 2007, returned to work at the start of the night shift last night, 28 February 2007.
DRDGOLD Limited announced today that the management of its subsidiary, Blyvooruitzicht mine near Carletonville, has started a disciplinary process against striking employees who began an illegal work stoppage at the beginning of the night shift on Tuesday, 13 February 2007.
DRDGOLD South African Operations (Pty) Limited CEO Niel Pretorius said tonight (Wednesday, 31 January 2007) that the company's wholly owned Blyvooruitzicht (Blyvoor) gold mining operation near Carletonville, South Africa, was "not for sale".
DRDGOLD Limited received a Nasdaq Staff Deficiency Letter on 22 January 2007 indicating that the company fails to comply with the MINIMUM BID PRICE Requirement(s) for continued listing set forth in Marketplace Rule 4320 (e) (2) (E) (ii).