Proactive Investors - Run By Investors For Investors

DRDGOLD's reserves to nearly double following Sibanye-Stillwater acquisition

Niel Pretorius, chief executive of DRDGOLD Limited, discusses with Proactive's Andrew Scott the proposed deal with Sibanye-Stillwater.

Towards the end of last year DRDGOLD announced its intention to acquire some of the assets at Sibanye-Stillwater’s West Rand Tailings Retreatment Project for about 38 percent of DRDGold - there's also the option for them to up their stake to just over 50% after 24 months.

Pretorius says move would see a boost of around 92 percent to their gold reserves.

Meet MaxCyte, Primary Health Properties PLC, Scancell Holdings PLC and PCF Group Plc at our event, London , 25 April 2019. Register here »
View full DRD profile View Profile

DRDGOLD Limited Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use