A world leader in surface gold tailings retreatment  

JSE: DRD ZAR 384c 0.00% 01 October 2014 at 5:07am

NYSE: DRD USD 3.40 -5.03% 30 September 2014 at 4:01pm See detailed share price data and graphs

GOLD USD/oz 1208.70 -0.52%   ZAR/kg 440119.06 0.52% 30 September 2014 at 23:42pm

Advisory: Results for the first quarter FY2015

DRDGOLD Limited’s results for the first quarter of FY2015, the period ended 30 September 2014, will be released at or around 08:00 South African time on Friday, 24 October 2014 via SENS and the company’s website.

A results briefing with a simultaneous webcast will be held on Friday 24 October 2014.

 
 

ABOUT DRDGOLD

DRDGOLD Limited (DRDGOLD) is a mid-tier, unhedged gold producer focused on consolidating its position as a world leader in the recovery of gold through the retreatment of surface tailings by extracting as much gold as possible from its 11Moz surface resource.

In FY2013 the company provided jobs for 2 752 people, including 1 012 employees. The remaining 1 740 people worked for the specialist service providers engaged by the company to provide the expertise required for tailings reclamation and tailings dam management.

Ergo

Ergo

Ergo was established to recover and treat the 186Mt Elsburg resource on the eastern Witwatersrand. An extensive, inter-connected pipe network including a bespoke 62km pipeline has been established to enable tailings on the central and western Witwatersrand to be brought to account in an efficient and cost-effective operation.

 
Exploration

Exploration

DRDGOLD currently has interests in two exploration projects. Both are for sale:

ERPM Extensions 1 and 2: this 21Moz resource is owned by East Rand Proprietary Mines Limited (ERPM). The operation is on care and maintenance and is for sale.

Chizim Gold: DRDGOLD has placed its 49% interest in a greenfields exploration project in Zimbabwe on the market.

EBDA

EBDA [logo]

EBDA, the Ergo Business Development Academy, was established by Ergo Mining (Pty) Limited to equip South Africans to pioneer enterprise development and, in doing so, to help uplift their communities. DRDGOLD has contributed R34.6 million towards EBDA to date, making it the company’s most significant local economic development project. Some 2 500 people have received training at EBDA and, in FY2013, 539 community members benefited from EBDA training programmes.