The report was compiled by Dr John Lake, who has held the positions of Dean of Education at Curtin University, Director of Development at Bond University and Executive Director of the Australian-American Fulbright Commission. He is a former teacher at the Port Moresby Teachers College in PNG.
Presenting the report on Monday this week to PNG Mining Minister the Hon Sam Akoitai, DRD Group Divisional Director: Australasia Richard Johnson said it would improve the general understanding of the mine’s activities and DRD’s commitment to sustainability.
The report provides details on the mine’s operations, with specific reference to:
“Tolukuma has made tremendous progress over the past two years,” Johnson said.
“Once a loss-making mine suffering from low staff morale and poor community relationships, Tolukuma now delivers consistent production and has vastly improved levels of communication with all of the parties interested in or affected by its operations.
“We recognise that, in our work in the field of social responsibility, preparation of the mine for closure and for a sustainable future for local landowners and communities are important bases.
“Maintaining close and active relationships with stakeholders through effective communication is critical to the process. We hope that this report proves to be an effective communications medium and evidence of our clear intention to remain a committed and responsible member of the PNG mining community.”
James Duncan, Russell & Associates
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Susan Borinelli, Breakstone & Ruth International
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Investor and Media Relations
Paul Downie, Porter Novelli
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Investor and Media Relations
Phil Dexter, St James's Corporate Services
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For more information, please visit www.drd.co.za or www.durbans.com
Some of the information in this voluntary release may contain projections or other forward looking statements regarding future events or other future financial performance, including statements regarding the production performance at the South African operations, and DRD's ability to diversify its assets and grow outside South Africa. We wish to caution you that these forward-looking statements are not guarantees or predictions of future performance, and involve known or unknown risks, uncertainties and other factors, many of which are beyond our control and which may cause actual events or results to differ materially from these expressed in the statements contained in this release.
Factors that could cause or contribute to such differences are discussed in the sections entitled 'Risk Factors' included in our annual report on Form 20-F for the fiscal year ended 30 June 2003, which we filed with the United States Securities and Exchange Commission on 30 December 2003 and is available on the SEC's website at www.sec.gov. We undertake no obligation to publicly update or release results of any of these projections or forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected results