Profile

DRDGOLD Limited (DRDGOLD) is a medium-sized, unhedged gold producer with investments in South Africa and Australasia. Incontrovertibly bullish about its product, the company has recently concluded extensive refocusing of its gold interests in both geographical zones.

In South Africa, DRDGOLD has an 85% 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 has a 20% stake in the Porgera Joint Venture in PNG, managed by Barrick Gold Corporation.

In the 2006 financial year (FY06), DRDGOLD SA contributed some 315 976 ounces (oz) – some 60% – of DRDGOLD’s total attributable gold production of 527 401 oz, and Emperor Mines 211 425 oz, or 40%. At 30 June 2006 DRDGOLD’s total attributable resource base was 47.645 million ounces (Moz) and its total attributable reserves were 8.833 Moz. Some 40.637 Moz of total attributable resources, or 85%, were in South Africa and the balance in Australasia. Some 6.682 Moz of total attributable reserves, or 76%, were in South Africa and the balance in Australasia.

The company is well positioned operationally and in terms of its growth strategy to benefit from the strengthening of the gold price, and thus, to continue to deliver value to all of its shareholders.

DRDGOLD has a primary listing on the JSE Limited (JSE) and secondary listings on the NASDAQ Capital Market (NASDAQ) and the London Stock Exchange.