[Miningmx.com] - DRDGOLD is the outright winner in the latest round of negotiations with financially-strapped partner Mintails over their joint venture to recover gold from dump material on the East Rand.
[Miningweekly] - JSE-listed DRDGOLD has agreed to acquire Australian-miner Mintails’ remaining 35% stake in their Elsburg joint venture (JV) for R177-million, thereby getting full management control over the operation.
[Miningweekly] - DRDGOLD South Africa’s Crown mining operations could look forward to material from the iconic Top Star mine dump being processed at this operation, as the company received the mining right from the Department of Minerals and Energy (DME) on Thursday.
[Miningweekly] - JSE-listed gold producer DRDGOLD on Thursday reported a 33% decline in production for the year ended June 2008, to 321 432 oz, but recorded a net profit of R1,23-billion, after disposing of the company’s Australasian assets.
[Mineweb] - DRDGOLD has reported a big jump in headline earnings per share due to high gold prices, despite a drop in output. However, the firm is expecting to ramp up production to 400,000 ounces soon.
[Miningmx.com] - DRDGOLD CEO John Sayers is bowing out on a high from the marginal gold producer which has just declared a 10c a share dividend amounting to a total payout of R37.7m for its year to end-June.
[Miningweekly] - John Sayers at Africa Mining Congress 2008The gold-mining industry had "fallen flat on its face" as far as return of capital to shareholders was concerned, DRDGOLD CEO John Sayers said in Johannesburg on Tuesday.
[Miningmx.com] - DRDGOLD would not need to raise capital until between 2010 and 2012 and only then if it decided to go ahead with the proposed ERPM 2 extension project.
[Miningweekly] - Midtier gold producer DRDGOLD would not need to raise capital until after 2010, when it completed a feasibility study on the ERPM phase two expansion, expected to cost between R6-billion and R8-billion, it said on Tuesday.
[Miningweekly] - Adividend to “patient” share-holders is likely to be declared at the upcoming June year-end, says JSE-listed DRDGOLD CEO John Sayers.
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