Johannesburg, South Africa. 22 October 2007. DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) can confirm that, following the death of an employee in a rockburst at Blyvooruitzicht Gold Mine (Blyvoor) on Friday, the Department of Minerals and Energy (DME) has issued a notice in terms of Section 54 of the Mine Health and Safety Act (the notice).
The notice instructs that:
In view of the fact that the notice was served before the Principal Inspector had considered the circumstances of Friday’s incident, DRDGOLD has requested the DME to withdraw the notice with respect to all stope areas with the exception of the stope area affected.
The notice follows the award to Blyvoor of the Minister of Minerals and Energy’s Safety Award for the greatest safety improvement in the ultra-deep gold and platinum category over the past three years.
DRDGOLD has expressed its disappointment at the refusal of the National Union of Mineworkers (NUM) to participate in a safety audit at Blyvoor on Saturday morning, following Friday’s incident.
South Africa
James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile)
North America
Investor and Media Relations
Barbara Cano, Breakstone Group International
+1 646 452 2334 (office)
United Kingdom/Europe
Investor and Media Relations
Phil Dexter, St James's Corporate Services
+44 20 7499 3916 (office)
+44 779 863 4398 (mobile)
For more information, please visit www.drdgold.com
Many factors could cause the actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, adverse changes or uncertainties in general economic conditions in the markets we serve, a drop in the gold price, a continuing strengthening of the rand against the dollar, regulatory developments adverse to DRDGOLD or difficulties in maintaining necessary licences or other governmental approvals, changes in DRDGOLD's competitive position, changes in business strategy, any major disruption in production at key facilities or adverse changes in foreign exchange rates and various other factors.
These risks include, without limitation, those described in the section entitled "Risk Factors" included in our annual report for the fiscal year ended 30 June 2006, which we filed with the United States Securities and Exchange Commission on 22 December 2006 on Form 20-F. You should not place undue reliance on these forward-looking statements, which speak only as of the date thereof. We do not undertake any obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date of this report or to the occurrence of unanticipated events.
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