How DRDGold became SA’s best gold stock
There’s money in muck, especially if it’s PGM — platinum group muck. DRDGold's tie-in with Sibanye-Stillwater could open the way to it
25 May 2023 - 05:00
DRDGold has been kicking around for nearly as long as Joburg has had a mining sector. Only De Beers ranks older, according to CEO Niël Pretorius. The good news for shareholders is that plans are afoot to extend its run for many more years.
Pretorius tells the FM that no formal discussions have taken place, but there is “money to be made” in remining the 82Mt of platinum group metal (PGM) dumps owned by Sibanye-Stillwater, its 50.1% shareholder. ..
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