DRDGOLD and Sibanye-Stillwater completed a transaction in August 2018 whereby Sibanye-Stillwater traded selected assets from its West Rand Tailings Retreatment Project (WRTRP) – subsequently renamed Far West Gold Recoveries (FWGR) – for a 38.05% shareholding in DRDGOLD. In January 2020, Sibanye-Stillwater increased its holding in DRDGOLD from a 38.05% to 50.1% equity interest which secured the majority shareholding.
1 Sibanye Gold Limited trading as Sibanye-Stillwater
2 Includes shareholding by subsidiary, EMO, of 1.1% and shareholding by directors of the Company of 0.09%%. Such shareholding is classified as non-public
Ergo was previously owned by Ergo Mining Operations (Proprietary) Limited (EMO). EMO was 74% owned by DRDGOLD Limited and 26% by our Broad Based Black Economic Empowerment (BBBEE) partners – Khumo Gold SPV Proprietary Limited (Khumo) and the DRDSA Empowerment Trust. In FY2015, an agreement was entered into with our BBBEE partners entailing a roll-up of shareholding which included the substitution of their 26% shareholding in EMO for a 8.1% and 2.4% shareholding in DRDGOLD Limited respectively. At 30 June 2021, Khumo and the DRDSA Empowerment Trust held nil shares in DRDGOLD.
Swiss Mining Institute (SMI) European Mining Investment 24 May 2023 (PDF - 4.54MB)
Results for the six months ended 31 December 2022 (PDF - 0.36 MB)
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