Cash-flush DRDGold plans ‘bold’ growth
The tailings retreatment specialist nearly triples interim profit as gold prices soar
16 February 2021 - 09:06
DRDGold, a tailings retreatment specialist heartened by a surge in the rand gold price, is prepared to take a “bold” approach in growing its footprint west of Johannesburg.
JSE-listed DRDGold, one of the world’s largest gold tailings retreatment companies, acquired 250-million tonnes of tailings, which is the material coming out of a gold processing plant, from Sibanye-Stillwater in exchange for shares, making the latter its dominant shareholder...
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