Company Interviews

DRDGOLD (DRD) - Super High Margin Gold Tailings


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DRDGOLD Ltd. engages in the business of retreatment of surface gold. It operates through the following segments: Ergo, FWGR, and Other Reconciling Items. The Ergo segment treats slime dams and sand dumps to the south of Johannesburg's central business district as well as the East and Central Rand goldfields. The FWGR segment focuses on the slime dams in the West Rand goldfields. The company was founded on February 16, 1895, and is headquartered in Rosebank, South Africa.

The company pioneered mining methods in South Africa. Pretorius states the company has now come full-circle and is focusing exclusively on the recycling and re-mining of tailings, both around the Johannesburg area and now, more recently, the Carletonville area. DRDGOLD attempts to provide a unique combination of processing extremely high volumes of material and nano-extraction methods.

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Company InterviewsBy Crux Investor

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