Media releases

Craig Barnes resigns as Executive Director and CFO

DRDGOLD Limited has announced the resignation of Craig Barnes as an executive director and Chief Financial Officer of the company with effect from 1 January 2014.

Johannesburg, South Africa. 30 September 2013. DRDGOLD Limited (DRDGOLD; JSE, NYSE: DRD) has announced the resignation of Craig Barnes as an executive director and Chief Financial Officer (CFO) of the company with effect from 1 January 2014.

This follows Barnes’ decision to relocate to Australia.

Barnes was appointed to DRDGOLD’s Finance Department as Group Financial Accountant in 2004. In 2006, he was promoted to CFO of Ergo Mining Operations (Pty) Ltd (formerly DRDGOLD South African Operations (Pty) Ltd). In 2008, he was promoted to the position of CFO for DRDGOLD.

Commenting on behalf of DRDGOLD’s Board and management, Chief Executive Officer Niël Pretorius said: “Craig has served DRDGOLD with distinction, playing a key role in the successful transformation of the company from marginal underground miner to a tailings re-mining business.

”We wish to express our gratitude to him for his contribution to the company over the years, and to extend our best wishes to him and his family for the future”.


South Africa & North America

James Duncan, Russell and Associates
+27 11 880 3924 (office)
+27 (0) 79 336 4010 (mobile)

United Kingdom/Europe
Investor and Media Relations
Phil Dexter, St James’s Corporate Services
+44 (0) 20 7796 8644 (office)
+44 (0) 779 863 4398 (mobile)

For more information, please visit


Many factors could cause the actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, adverse changes or uncertainties in general economic conditions in the markets we serve, a drop in the gold price, a sustained strengthening of the Rand against the Dollar, regulatory developments adverse to DRDGOLD or difficulties in maintaining necessary licenses or other governmental approvals, changes in DRDGOLD’s competitive position, changes in business strategy, any major disruption in production at key facilities or adverse changes in foreign exchange rates and various other factors. These risks include, without limitation, those described in the section entitled “Risk Factors” included in our annual report for the fiscal year ended 30 June 2012, which we filed with the United States Securities and Exchange Commission on 26 October 2012 on Form 20-F. You should not place undue reliance on these forward-looking statements, which speak only as of the date thereof. We do not undertake any obligation to publicly update or revise these forward-looking statements to reflect events or circumstances after the date of this report or to the occurrence of unanticipated events. Any forward-looking statement included in this report have not been reviewed and reported on by DRDGOLD’s auditors.

COOKIES: This site uses cookies to enhance your website experience. See our privacy policy for further details.