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DRDGOLD (DROOY)
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SA union seeks interdict against DRDGold
Mining Weekly  Nov 17  Comment 
South African trade union Solidarity has lodged an application with the Labour Court for an urgent interdict against JSE-listed gold producer DRDGold. This came after the gold miner refused several applications by Solidarity to be involved in the...
Bottom Feeding - DRDGOLD
Gold Versus Paper  Nov 16  Comment 
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DRDGold approves R8m to accelerate production at ErgoGold
Mining Weekly  Nov 12  Comment 
South African gold producer DRDGold had approved capital expenditure of R8-million to bring forward the commissioning of a second pipeline feed from the Elsburg tailings complex to the ErgoGold plant, in order to accelerate production. CEO Niel...
DRDGold shares fall as Blyvoor goes into judicial management
Mining Weekly  Nov 11  Comment 
The shares of DRDGold fell as the application for the judicial management of its Blyvooruitzicht gold mine was granted in the South Gauteng High Court. DRDGold CEO Niel Pretorius told Mining Weekly Online that the court had still to appoint a...
DRDGold drops by 19%
Resource Investor  Nov 10  Comment 
The S.A. rand’s 26% rally against the dollar this year is crimping local companies’ export earnings, prompting businesses to demand that the government intervenes.
DRDGold to apply for Blyvoor's judicial management
Mining Weekly  Nov 9  Comment 
JSE- and Nasdaq-listed gold miner DRDGold would on Tuesday bring a semi-urgent application to the South Gauteng High Court to have its loss-making Blyvooruitzicht gold mine placed under judicial management, the company said on Monday. DRDGold CEO...
DRDGOLD to seek judicial order for struggling mine
Reuters  Nov 9  Comment 
South African miner DRDGOLD said on Monday it would seek a high court order to place its troubled Blyvoor mine under judicial management to save it from liquidation.
DRDGold plunges to R63m Q1 loss in ‘conspiracy of challenges'
Mining Weekly  Oct 22  Comment 
JSE-and Nasdaq-listed gold miner DRDGold has plunged into a R63,3-million net loss in a September quarter of seismicity, labour and currency hardships. "There was almost a conspiracy of challenges in the last few months," DRDGold CEO Niel...
S.Africa's DRDGOLD output dips on strike, damage
Reuters  Oct 22  Comment 
South African miner DRDGOLD said on Thursday gold output fell 1 percent in the three months to September 2009 mainly due to a strike, and damage caused by earth tremors at one of its mines.
DRD gold reports 1% increase in production
Resource Investor  Oct 22  Comment 
An increase in gold from surface sources offset the impact of lower underground production, JSE-listed miner DRDGold said on Thursday.
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Paul Raman
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DROOY AT A GLANCE
 
 
 
 
 
 
 
 

DRDGOLD Limited (DROOY) is an unhedged gold producing company with operations in South Africa and Australasia. In South Africa, DRDGOLD has an 74% interest in DRDGOLD South African Operations (Pty) Limited (DRDGOLD SA), the balance of which is held by its Black Economic Empowerment (BEE) partner, Khumo Gold SPV (Pty) Limited (Khumo Gold). DRDGOLD SA wholly owns and operates the Blyvooruitzicht Gold Mining Company Limited (Blyvoor) and East Rand Proprietary Mines Limited (ERPM) gold mining operations and the Crown Gold Recoveries (Pty) Limited (Crown) surface re-treatment operation. In Australasia, DRDGOLD has a 78.9% interest in Emperor Mines Limited (Emperor Mines), which owns and operates the Tolukuma gold mine in Papua New Guinea (PNG) and the Vatukoula gold mine in Fiji. Emperor Mines also had a 20% stake in the Porgera Joint Venture in PNG, managed by Barrick Gold Corporation.

DRDGOLD's total attributable resource base was 47.645 million ounces (Moz) and its total attributable reserves were 8.833 Moz. Of the total attributable resources, 85% were in South Africa and the balance in Australasia while 76% of total attributable reserves were in South Africa and the balance in Australasia.




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