DRDGOLD (DRD) - Steady South African Gold Producer, Leverage to Au Price
Interview with Niël Pretorius, CEO of DRDGOLD Ltd. (NYSE:DRD) DRDGOLD has transitioned completely from deep level underground mining to the large-scale retreatment of mine dumps and tailings dams. We have developed over time both the skillset and the systems that enable us to do this profitably and sustainably. The removal of remnant mining residues not only restores the environment, but also frees up previously sterilised land for sustainable land use. In addition, the quality of life of those living in close proximity of these installations is enhanced because of the removal of sources of airborne dust and effluent. The relationship with Sibanye-Stillwater holds promise for further expansion and similar unlocking of value in terms of non-core surface assets in their portfolio, including the possibility to expand into other minerals, such as PGMs.
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