Resources Watch

This week: DRDGold lifts output from its consolidated surface operations. The cost of Wesizwe’s new platinum mine will rise to R12-billion. And, ultrafiltration technology will be used at a new water treatment plant in Sierra Leone.

DRDGold lifts output from consolidated surface operations

South African gold miner DRDGold said the consolidation of its Crown and Ergo circuits improved operating efficiencies and enhanced its competitive advantage to access and treat tailings material in the Johannesburg area. The company on Thursday...

Cultural change and systems redesign for gold producer

Future successes in deep-level mining will depend on the ability of miners to complete safe, predictable and productive shifts, says JSE-listed Village Main Reef COO Dalubuhle Ncube.

Resources Watch

This week: Government-enforced stoppages deny Amplats 109 000 nonfatal ounces. DRDGold looks forward to being a ‘gold factory’. And, expected strong fundamentals augur well for Rockwell Diamonds’ future growth.

DRDGold looks forward to being ‘gold factory’

The owner of the world’s biggest “gold factory”, the JSE-listed DRDGold – which has made its final move from risky deep-level mining to the thriving business of recycling dumps on surface – is introducing new technology that will wring...

DRDGold shuts two Blyvoor shafts, may cut 1 800 jobs

JSE-listed DRDGold has suspended all mining at its 74%-owned Blyvooruitzicht Gold Mining’s (Blyvoor’s) low-grade No 4 and No 6 shafts, affecting up to 1 800 employees. This follows the shafts’ lack of response to business rescue turnaround...

Blyvooruitzicht mine, South Africa

An underground mine, situated in the Witwatersrand.

Village misses December quarter guidance

JSE-listed gold producer Village Main Reef on Monday reported that it missed its expected gold production target for the December quarter by 705 oz, producing 44 627 oz of gold. The miner also produced 1 356 oz less gold than in the preceding...

Village may buy DRD’s Blyvoor gold mine for R1

Bernard Swanepoel’s Village may buy JSE-listed DRDGold’s Blyvooruitzicht gold mine for R1 in cash and R150-million in shares. JSE-listed Village also bought Consolidated Murchison for R1 last year.

DRDGold says Crown–Ergo pipeline now 88% complete

Gold producer DRDGold reported, in late October, that it was 88% complete with its Crown/Ergo pipeline, which will link Crown’s City Deep plant, south of Johannesburg, to its Elsburg tailings complex pump station, in Boksburg, and through to...

Village may buy DRD’s Blyvoor gold mine for R1

Bernard Swanepoel’s Village may buy JSE-listed DRDGold’s Blyvooruitzicht gold mine for R1 in cash and R150-million in shares. JSE-listed Village also bought Consolidated Murchison for R1 last year.

Gold One says not bidding for Blyvoor

JSE- and ASX-listed Gold One confirmed on Tuesday that it was not bidding for the Blyvooruitzicht (Blyvoor) mine, which South African gold producer DRDGold wants to sell. DRDGold CEO Niël Pretorius said last week that DRDGold had received four...