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WIKI ANALYSISDRDGOLD 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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