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For the 38.05% attributable portion (as at 31 December 2019) of the DRDGOLD current surface tailings operations includes the ERGO and FWGR operations, the company was reliant on external competent persons as follows: For the ERGO Mineral Resources the Competent Person designated in terms of SAMREC is Mr M Mudau, MSc Eng, Pr. Sci. Nat., the ...

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 Sibanye lift 3.65% to a 59c-higher R18.73 a share by early afternoon and the share …

Richtersveld community lesand grinding mill pricegal representative Henk Smith was exuberant following last week's Constitutional Court ruling which recognised the community's right to lay claim to Alexkor's land and mineral rights. Smith told Mining Weekly that the judgment, which gave the Northern Cape community a right to land restitution, as well as entitlement to mineral rights ...

Employers' role in helping workers buffer Covid-19's impact on their financial security Major retail moves at Shoprite, Massmart and Woolworths Market Watcher: retail news from Massmart, Woolies and ZAR X suspension Old Mutual Zimbabwe sets sights on solar projects to light up thousands of homes Recommendation of 3.5% increase in municipal ...

JSE- and NYSE-listed gold miner DRDGold on Tuesday reported that an armed gang had gained entry to its Ergo plant, in Brakpan, South Africa, on Monday evening. The gang escaped with a quantity of calcine concentrate, which is estimated to contain up to 17 kg of gold.

By: Matthew Hill 20th August 2008 Miner DRDGold on Wednesday said that part of its joint venture (JV) with Australia's Mintails, Ergo, contained resources of 1,7-million ounces of gold, 14,9 ...

Mining Without Blyvoor DRD is a gold factory The sale alters the South African gold miners risk profile and enables it to focus on improving grades and volumes.

2012, Ergo acquired the mining assets and certain liabilities of Crown and all the surface assets and liabilities of ERPM as part of the restructuring of our surface operations. Also as part of this restructuring, Ergo acquired DRDGOLD's 35% interest in ErgoGold for R200 million.

Surface gold mining company DRDGold announced on Thursday that work had resumed at reduced levels at the tailings miner's Ergo operation on the …

DRDGold submitted that its Western Basin involvement (West Wits Mining) was smaller than its Central Basin one. In 2006 a business trust had been established, together with Mintails, to seek a solution to acid mine drainage and the Water Utilities Company had worked on directives from the then Department of Water Affairs and Forestry.

DRDGOLD CEO Niël Pretorius commented: "Full ownership of Ergo is a major step in our strategic shift towards lower-risk, lower-cost, higher-margin gold production from surface sources, providing a key, logistical platform for substantial future growth through exploitation of synergies with our Crown surface operation."

epc village main reef gold mining company. Jun 26 2015Village Main Reef is an investment company in mining and resource operations The company has interests mainly in gold and other commodities Village Main Reef did have a listing on the Johannesburg Stock Exchange until it was acquired Full name Village Main Reef Limited Short name N/A Ticker N/A Sector N/A Five top facts about Village ...

DRDGOLD Ltd. (NYSE:DRD) F4Q 2013 Earnings Call August 23, 2013, 9:00 am ET Executives Niël Pretorius - Chief Executive Officer, Executive Director Craig Barnes - …

July 1, 2012, Ergo Mining acquired the mining assets and certain liabilities of Crown and all the surface assets and liabilities of ERPM as part of the restructuring of our surface operations. Also as part of this restructuring, Ergo Mining acquired DRDGOLD's 35% interest in ErgoGold for R200 million.

DRDGOLD says its Ergo Mining subsidiary has begun reclamation of the 2.7-million-ton 4L25 mine dump. Besides sustaining City Deep's production for longer, 4L25's reclamation forms part of the extensive land rehabilitation programme, DRDGOLD is executing under its "rolling back gold mining's environmental legacy" banner.

DRDGOLD subsidiary Ergo Mining (Pty) Limited has begun reclamation – at a R3.8 million set-up cost – of the 2.7Mt 4L25 mine dump. This mine dump is situated within the 4A8 reclamation area, less than 5km from downtown Johannesburg's central business district, in …

JSE- and NYSE-listed gold producer DRDGold's shares on the JSE rose by more than 10% on Thursday morning after it announced an anticipated 69% year-on-year increase in revenue for the six months ended December 31. In a trading update, the company also said it expected to report earnings a share of between 47.78c and 49.22c for the six months under review, compared with the …

The owned project sits on a 27 sq km exploration licence containing a 17 sq km mining licence DRDGOLD glitters with vast reserves in its …

DRDGold's production decreased by 5% quarter-on-quarter in the second quarter ended December 31, primarily as a result of an 8% drop in tonnage throughput. The …

The combination of Ergo and FWGR helped DRDGold increase its group revenue by 11% to R2.7-billion – R2.5-billion of which came from the Ergo operation, and R184.6-million from FWGR, even though ...

DRDGold says its Covid-19 infection rate has been low, and the 50-bed quarantine facility established at its Ergo mine is presently vacant. DRDGold doesn't have any bank debt, the company added. Its results will be published on September 1. DRDGold's share price has jumped almost 200% since the start of the year.

Findings from the Database (December 2020) In December 2020, we launched our Lawsuits Database which includes all lawsuits we have profiled to date. These case profiles are but a small sample of the numerous lawsuits brought against companies in an effort …

By: Simone Liedtke 5th August 2021 Dual-listed DRDGold subsidiary Ergo Mining has begun reclamation – at a R3.8-million set-up cost – of the 2.7-million-tonne 4L25 mine dump. The reclamation ...

DRDGold showcased the true nature of so-called marginal gold mines this week, when it reported a ten-fold increase in profits in the year to the end …

The project will add about 100,000 ounces of gold to Sibanye's production, or 6.3% of its total forecast for 2016 at a cost of about $476 an ounce, compared with the company's $908 cost of ...

DRDGOLD Limited (NYSE:DRD) Q4 2014 Earnings Conference Call September 2, 2014 4:30 AM ET. Executives. Niel Pretorius - CEO. Analysts. Adrian Hammond - Standard Bank. Niel Pretorius. Good morning ...

DRDGOLD SA also wholly owns Ergo Mining (Pty) Limited, or the Ergo JV, and it owns 65% of the Elsburg Gold Mining Joint Venture, or ErgoGold, with DRDGOLD holding the remaining 35%. DRDGOLD is also a 50% partner in an early-stage gold exploration project …

On July 1, 2012, Crown sold its mining assets, mining and prospecting rights and certain liabilities to Ergo in exchange for shares in Ergo as part of the restructuring of our surface operations.

Dual-listed DRDGold has declared a final dividend of 40c apiece for the financial year ended June 30. Speaking to Mining Weekly on August 25, CEO Niël Pretorius acclaimed that it …

DRDGold – Pretorius said that although DRDGold is the oldest listed company on the JSE, it took a modern approach to mining focused on the retreatment of surface dumps. Operating the refurbished Ergo plant bought from AngloGold Ashanti, DRDGold's recent deal with Sibanye Stillwater saw DRDGold double its gold reserves to 6 million ounces.

[Mining Weekly] -- JSE-listed DRDGOLD expects to report a 900% to 1 033% improvement in headline earnings a share to between 2.4c and 2.8c for the six months ended December 31. 08 February 2016 DRDGOLD to post interim share earnings lift