DRDGOLD and Aurora announced today that they have signed a Heads of Agreement relating to an offer in terms of which Aurora will acquire a 60% interest in Blyvoor for R296.2 million with effect from 1 December 2009.
DRDGOLD and Aurora announced today that Aurora has made, and DRDGOLD has accepted, a firm offer to acquire a 60% interest in DRDGOLD SAs wholly owned Blyvoor.
DRDGOLD Limited last night rejected a public announcement made earlier in the day by trade union Solidarity that the company intends to retrench 1 300 employees at its 74%-owned Blyvooruitzicht gold mine near Carletonville.
DRDGOLD Limited announced today that the High Court of South Africa has approved its application for a judicial management order over the companys 74%-owned Blyvoor operation.
In a bid to save its 74%-owned Blyvoor mine from liquidation DRDGOLD Limited intends applying to the High Court of South Africa for a judicial management order over the struggling operation.
DRDGOLD Limited announced today that a wage-related strike by some 3 900 employees in the National Union of Mineworkers recognition unit at the Blyvooruitzicht Gold Mining Limited operation is over.
DRDGOLD Limited announced today that a wage-related strike by some 500 employees in the National Union of Mineworkers recognition unit at the Crown Gold Recoveries surface retreatment operations, have returned to work.
DRDGOLD said today that wage-related strike action by a total of 4 400 employees in the National Union of Mineworkers recognition units at the Blyvooruitzicht Gold Mining Company Limited and Crown Gold Recoveries Limited operations, which are held by the companys 74%-owned subsidiary, DRDGOLD South African Operations Limited, has entered its third week.
DRDGOLD and Harmony Gold Mining Company Limited announced today that they have withdrawn their excessive pricing complaint against ArcelorMittal South Africa Limited.
The Mintails board has advised DRDGOLD that it has rejected the offer to acquire all of its South African business assets, excluding its interest in West Wits Mining Limited.
DRDGOLD Limited has announced that ASX-listed Mintails has conditionally accepted an offer by DRDGOLD to acquire all of Mintails South African business assets except its interest in underground explorer West Wits Mining Limited (WWI).
The company is pleased to announce that, at the general meeting held yesterday to consider the acquisition by the DRDGOLD group of the 50% interest held by the Mintails group in the Elsburg Gold Mining Joint Venture, all the resolutions were passed by the requisite majorities of votes.
DRDGOLD today reported a 65% increase in operating profit to R94.3 million and a 30% rise in headline earnings per share to 13.6 South African cents for the quarter ended 31 December 2008.
DRDGOLD wishes to advise that underground operations at the No 5 shaft of the Blyvooruitzicht mine held by DRDGOLD South African Operations (Pty) Limited resumed at the start of the night shift on Thursday 22 January 2009.
Consultations in terms of Section 189A of the Labour Relations Act regarding the future of employees affected by the placing on care and maintenance of the underground operations of the Boksburg-based ERPM mine of DRDGOLD SA have been concluded.
Work is under way to bring to surface some 167 underground workers who are currently safe in rescue bays at the No 5 Shaft of DRDGOLD South African Operations (Pty) Limited’s Blyvooruitzicht gold mine near Carletonville
DRDGOLD is pleased to report that all 167 employees at the No 5 shaft, Blyvooruitzicht Gold Mine, near Carletonville, have been safely brought to surface
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