DRDGOLD announced today that three of its subsidiary companies – collectively the Ergo Group – have entered into heads of agreement with Trans-Caledon Tunnel Authority (TCTA), aimed at laying a foundation for a self-sustainable solution to acid mine drainage (AMD) in the Central Witwatersrand Basin
DRDGOLD shareholders are advised that at the annual general meeting of Shareholders held on Friday, 30 November 2012, all the ordinary and special resolutions as set out in the notice of AGM dated 17 September 2012, were approved by the requisite majority of Shareholders present.
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed regarding the acceptance on 05 November 2012 of the offer made by DRDGOLD to its directors, company secretary and directors of its major subsidiary to repurchase vested share options in terms of clause 5.10 of the DRDGOLD (1996) Share Option Scheme.
Johannesburg, South Africa. 25 October 2012. DRDGOLD Limited announced a 51% increase in operating profit from its continuing operation, Ergo, to R173.7 million for the quarter ended 30 September 2012, resulting from an increase in gold production, well contained costs and a higher Rand gold price received.
DRDGOLD shareholders are referred to the announcement published on the Securities Exchange News Service of the JSE Limited on 13 February 2012 and in the financial press on 14 February 2012.
DRDGOLD Limited today reported a 3% increase in gold production to 34 947oz from its newly consolidated Ergo and Crown surface retreatment operations for the quarter ended 31 March 2012, resulting in an operating profit of R162.2 million.
Johannesburg, South Africa. 14 February 2012. DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) has reported a 107% increase in cash inflow from operations and substantially higher net profit and headline earnings for the quarter ended 31 December 2011. Gold production was steady and costs marginally lower.
Johannesburg, South Africa. 13 February 2012. DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) announced today that it has entered into a sale of shares and claims agreement with Village Main Reef Limited (Village) in respect of DRDGOLD's 74% interest in Blyvooruitzicht Gold Mining Company Limited (Blyvoor).
DRDGOLD shareholders are advised that, following a recommendation from the Board of Directors of its 74%-owned Blyvooruitzicht Gold Mining Company Limited (“Blyvoor”), it has resolved to suspend all further mining at Blyvoor’s low-grade Number 4 and 6 Shafts with immediate effect.