Media releases

2011

DRDGOLD Limited today announced the pending transfer of the listing of its common stock from the NASDAQ Global Select Market (NASDAQ) to the New York Stock Exchange (NYSE).

DRDGOLD announced today that the business rescue practitioner appointed to oversee business rescue proceedings in respect of its 74%-owned subsidiary, Blyvooruitzicht Gold Mining Company Limited, has terminated the business rescue proceedings with effect from 10 November 2011.

DRDGOLD and Village announced today that DRDGOLD has received and accepted an expression of interest (EOI) from Village for the acquisition of DRDGOLD’s entire interest in and claims against Blyvoor for R150 million.

DRDGOLD shareholders (Shareholders) are advised that the Company has entered into negotiations which, if successfully concluded, may have a material effect on the price of the Companys securities.

DRDGOLD today announced an increase of 82% in operating profit to R202.5 million and of 150% in headline earnings per share (HEPS) to 20 South African cents for the quarter ended 30 September 2011 compared with the previous quarter.

DRDGOLD announced today that it has commissioned 44 kilometres of its 50-kilometre Crown/Ergo pipeline project, successfully linking Crown’s City Deep plant south of Johannesburg with the Elsburg tailings complex pump station at Boksburg, and thus with Ergo’s Brakpan retreatment plant

A provisional order is granted extending the First Applicant's business rescue proceedings in terms of Section 132(3) of the Companies Act 71 of 2008 to 2nd December 2011.

DRDGOLD Limited announced today that Blyvoor has reached a three-year wage settlement with the National Union of Mineworkers (NUM) and the United Association of South Africa (UASA).

Shareholders are advised that the audited annual financial statements for the 12 months ended 30 June 2011 as contained in the annual report were distributed to shareholders on 30 September 2011.

DRDGOLD announced today that the Business Rescue Practitioner overseeing business rescue proceedings at Blyvoor has given notice of Blyvoors intention to enter a 60-day consensus-seeking process in terms of Section 189 (3) of the Labour Relations Act with the National Union of Mineworkers and UASA The Union, to consider reducing employee numbers by approximately 500 people.

DRDGOLD Limited regrets to announce that five employees have been injured following a seismic event underground at the No 5 Shaft of the company’s 74%-owned Blyvooruitzicht Mine near Carletonville.

DRDGOLD Limited today reported a 76% increase in operating profit to R477.0 million for the year ended 30 June 2011.

DRDGOLD Limited announced today that the operating profit of its surface retreatment circuit, Ergo, leapt 250% to R158.5 million for the year ended 30 June 2011, reflecting higher gold production, lower costs and a higher average Rand gold price received.

DRDGOLD Limited has announced that its 74%-owned subsidiary, Blyvoor, has been granted an extension by the Southern Gauteng High Court of South Africa until 1 November 2011 to publish a business rescue plan.

Johannesburg, South Africa. 15 July 2011. DRDGOLD Limited (DRDGOLD; JSE: DRD; NASDAQ: DROOY) announced today that it expects its group gold production for the year ended 30 June 2011 (FY2011) to be about 10% higher than in the previous year, at around 265 200oz.

DRDGOLD shareholders are advised that the Companys distressed operating subsidiary, Blyvooruitzicht Gold Mining Company Limited has accepted an offer of assistance from AngloGold Ashanti Limited.

DRDGOLD Limited announced today that its distressed operating subsidiary, Blyvooruitzicht Gold Mining Company Limited has accepted an offer of assistance, which is subject to the finalisation of a definitive agreement, from AngloGold Ashanti Limited.

Resolution and Sworn Statement in terms of section 129 (3) (a) of the Companies Act, 2008 regarding the Business Rescue Proceedings commenced by Blyvooruitzicht Gold Mining Company Limited on 23 June 2011.

DRDGOLD shareholders are advised that a general meeting of Shareholders will be held at Quadrum Office Park, Building 1, 50 Constantia Boulevard, Constantia Kloof Ext 28, Roodepoort, 1709 on Friday, 29 July 2011 at 09:00 (South African time) to transact business relating to the Companies Act, No. 71 of 2008 (as amended), as stated in the notice of general meeting which was posted to Shareholders on Thursday, 30 June 2011.

Johannesburg, South Africa. 23 June 2011. DRDGOLD Limited (DRDGOLD; JSE: DRD; NASDAQ: DROOY) announced today that its Board of Directors has decided to suspend financial assistance to DRDGOLD’s 74%-owned subsidiary, Blyvooruitzicht Gold Mining Company Limited (Blyvoor).

Johannesburg, South Africa. 19 April, 2011. DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) today reported a 42% increase in net profit to R59.1 million and a 44% increase in headline earnings per share to 12.5 South African cents for the quarter ended 31 March 2011.

Johannesburg, South Africa, 6 April 2011: DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) announced today that it expects its Group gold production for the quarter ended 31 March 2011 to be about 3% lower than in the previous quarter, at around 67 400oz. Cash operating unit costs are expected to be about 6% higher, a consequence of lower gold production.

Johannesburg, South Africa. Friday, 18 March 2011 (15:30). DRDGOLD Limited said this afternoon that the latest reconciliation of casualty figures from this mornings bus accident at its Blyvooruitzicht mine near Carletonville indicate that 26 injured people were taken to various hospitals in the region.

"I am deeply saddened by our colleagues' deaths as a result of this mornings bus accident at our Blyvooruitzicht mine."

Johannesburg, South Africa. Friday, 18 March 2011. DRDGOLD Limited confirms with regret that an employee injured in this mornings bus accident at its Blyvooruitzicht mine near Carletonville has died, soon after admission to hospital.

DRDGOLD Limited has announced a 118% increase in operating profit to R151.5 million for the quarter ended 31 December 2010, reflecting higher gold production, an improved Rand gold price received and lower costs.

DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) today released the following announcement by its Board of Directors

Johannesburg, South Africa, 21 January 2011: DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) announced today that it expects Group gold production for the quarter ended 31 December 2010 to be about 6% higher than in the previous quarter at around 69 400oz, due to steady performance at the Crown and Ergo surface retreatment operations and an improved performance at the Blyvoor underground operation.

Johannesburg, South Africa, 14 January 2011: DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY) has announced a change in its group structure in order to better distinguish between its surface retreatment and underground operations.

IN THIS SECTION

Denver Gold Forum 2024 [cover]

121 Mining Investment Dubai 19 November 2024 (PDF - 6.8 MB)

IN THE MEDIA

LATEST NEWS

COOKIES: This site uses cookies to enhance your website experience. See our privacy policy for further details.