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DRDGold projects boost Ergo efficiency, lower costs

By: Martin Creamer     12th September 2018 Three major projects completed by surface gold mining company DRDGold are expected to boost the fortunes of the company’s Ergo plant on the East Rand. The three projects made up the bulk of the company’s capital spend of R125.9-million in the 12 months to June 30. 

DRDGold thumbs nose at lower gold price as output ups earnings

By: Martin Creamer     1st February 2018 Gold tailings retreatment specialist DRDGold is set to report higher earnings on higher production that cocked a snook at the lower gold price in the six months to December 31. Earnings a share are poised to be between 14.16c and 14.64c for the six months ended December 31, compared with 0.6c for... 

Sibanye share price rises on gold tailings deal with DRDGold

By: Martin Creamer     22nd November 2017 The share price of Sibanye-Stillwater rose quickly and sharply on Wednesday on the news that the precious metals company had moved to create an industry-leading surface mining partnership with gold tailings retreatment company DRDGold. The proposed transaction, which saw the share price of... 

Gold tailings retreatment an attractive proposition in current environment

By: Mia Breytenbach     14th October 2016 The strong performance of the rand gold price, increasingly lower ore grades mined in deeper underground mining operations and higher labour and electricity costs are underscoring the attractiveness of, and accelerating, gold tailings retreatment operations in South Africa, states gold miner... 

DRDGold posts higher H1 profit, output 

By: Ilan Solomons     16th February 2016 Despite incurring a 15% increase in total cash operating costs for the six months ended December 31, surface gold miner DRDGold achieved a 1% increase in operating profit to R165.9-million, compared with the R164.1-million recorded for the six months to December 2014. Speaking at a presentation... 

Surface gold miner DRDGold posts 9% operating profit rise, boosts dividend

By: Martin Creamer     23rd August 2013 Dump-retreatment gold miner DRDGold, which achieved a 9% rise in operating profit in the 12 months to end June, has increased its dividend by 180%. The operating profit of the JSE- and NYSE-listed company, which produced 146 381 oz of gold – 8% more than last year – rose to R679.3-million.  

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