DRDGOLD (NYSE:DRD) - Gold Windfall Funds R10bn 'Vision 2028' Growth Drive

DRDGOLD’s FWGR expansion advances Vision 2028, combining new processing capacity, infrastructure and resources to transform future growth.

DRDGold expects full-year earnings to rise by as much as 95% after higher gold prices and better-than-expected production.

JOHANNESBURG (miningweekly.com) – The centrepiece of the R10-billion five-project Vision 2028 of DRDGOLD is the mammoth regional tailings storage facility (RTSF) at Far West Gold Recoveries surface retreatment operation, near Carletonville, in South Africa’s Gauteng province.

What if mining could reduce environmental liabilities by rebuilding functional ecosystems?
asks Jaco Schoeman.

Recovering gold from legacy tailings storage facilities (TSFs) and restoring land are not separate objectives, but outcomes of the same activity, says gold tailings reminer DRDGOLD CEO Niël Pretorius, affirming that surface tailings retreatment is the cornerstone of the company’s model, in which historic mine waste is re-entered into the productive economy, effectively funding its own remediation.

Mining waste dumps has never looked so good, with DRDGold’s operating margins at a record 53% thanks to the triumphant gold price. But is this as good as it gets?

The miner reported a doubling of headline earnings per share for the six months to end-December

Mining experts say multiyear wage deals, including DRDGold’s agreement with NUM, will stabilise operations and prevent industrial action.

Wage negotiations at Johannesburg- and New York-listed DRDGOLD’s Ergo Mining operations have been finalised, following the conclusion of a single wage agreement with organised labour, the company confirms in a statement