East Rand Proprietary Mine
Projects Update
ErgoGold phase 1 and 2, South Africa
Phase 2 of the project started in October 2010, with the installation of the Crown to Ergo pipeline, as well as the required pump stations.
By: Sheila Barradas
4th February 2011
GOLD
Surface gold saves day for recovering DRDGold
JSE-listed DRDGold's new focus on surface production is putting the company on the road to recovery and has enabled it to report a cash-operating profit. DRDGold described as its next natural progression the possibility of becoming involved in...By: Martin Creamer
29th January 2010
GOLD
Costs poised to lower as DRDGold ramps up surface mining, mothballs ERPM
One of the biggest challenges facing gold-mining companies in South Africa is to contain costs while increasing production in the face of lagging local output and a cutback on credit. Although most of South Africa’s decline in production in...By: Jonathan Faurie
29th May 2009
CREDIT CRUNCH
Costs poised to lower as DRDGold ramps up surface mining, mothballs ERPM
One of the biggest challenges facing gold mining companies in South Africa is to contain costs while increasing production in the face of lagging local output and a cutback on credit.
By: Jonathan Faurie
29th May 2009
GOLD
CRG target of 1Moz of gold by 2012 revised down
In light of current global financial difficulties, LSE- and JSE-listed Central Rand Gold (CRG) has re-evaluated its initial one- million-ounce-a-year gold target for 2012, first envisaged at its initial public offering (IPO) in 2007.
CRG CEO...
By: Loni Prinsloo
22nd May 2009
gold
Target of million ounces of gold by 2012 revised down
In light of current global financial difficulties, LSE- and JSE-listed Central Rand Gold (CRG) has re-evaluated its initial one-million oz/y gold target for 2012, first envisaged at its initial public offering in 2007.
By: Loni Prinsloo
22nd May 2009
MINING & ENVIRONMENT
Acid mine drainage single most significant threat to SA’s environment
Environmentalists have termed acid mine drainage (AMD) the single most significant threat to South Africa’s environment and this is being driven home by the AMD problems being experienced at the East Rand operations of provisionally liquidated...8th May 2009
ENVIRONMENTAL PROTECTION
Acid mine drainage single most significant threat to South Africa’s environment
Environmentalists have termed acid mine drainage (AMD) as the single most significant threat to South Africa’s environment. In the past, these and other concerns about AMD were in effect ignored by the major stakeholders of the country’s...
8th May 2009
GOLD
DRDGold rejects NUM claims of ERPM profits, govt assistance
South African gold producer DRDGold on Thursday denied that it had received R100-million in government assistance, while it had recorded a profit of over R320-million in the current financial year. This followed claims by the National Union of...By: Chanel de Bruyn
13th November 2008
PROTEST ACTION
Union plans protest over DRDGold's ERPM suspension
South Africa’s National Union of Mineworkers (NUM) said that 2 000 of its members would march to the Department of Labour in Boksburg on Thursday “to demand government intervention at DRDGold’s East Rand Proprietary Mine (ERPM)”. On...12th November 2008
DRDGOLD
Old ERPM underground gold mine facing uncertain future
JSE-listed gold-mining company DRDGold is “seriously deliberating” the future of its troubled East Rand Proprietary Mine (ERPM), the underground operations of which may be put on care-and-maintenance.By: Martin Creamer
31st October 2008
Daily Podcast
Daily podcast – October 24, 2008
In today's podcast: DRDGold is "seriously deliberating" the future of its troubled East Rand Proprietary Mine and, Harmony Gold and Pamodzi Resources Fund have agreed to reduce the price of the Cooke uranium and gold asset transaction to...
24th October 2008
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