DRDGold Limited

Published : August 27th, 2013

Latest Headlines and New Issue Alert: Mackenzie forgoes part of bonus as BHP cuts back incentives an

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This newsletter contains the most recent articles posted on the Mining Journal website as well as the Headlines from today's issue and a selection of articles that show current industry thinking.

To read the entire issue online, visit the Mining Journal Latest Issue page.

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LATEST NEWS | Tuesday, August 27, 2013
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Andrew Mackenzie

Mackenzie forgoes part of bonus as BHP cuts back incentives

BHP Billiton�s (BHPB) chief executive Andrew Mackenzie gave up part of his sign-on bonus, deeming it excessive, as the company cut incentive pay across the board. Full story...

BHP Billiton | Coal | Iron Ore | Australasia |


DRDGold

DRDGold posts mixed results and ups dividend

South Africa-based DRDGold Ltd has posted a 74% slide in net profit for the year ending June 30, despite recording higher production and an increase in the average rand price of gold for the period. Full story...

DRD Gold | Village Main Reef Gold Mining | Gold | Southern Africa |


Los Pumas project

Southern Hemisphere gets EIS approval for Los Pumas manganese project

Southern Hemisphere Mining received approval for the environmental impact statement (EIS) at its Los Pumas manganese project in north Chile. Full story...

Southern Hemisphere Mining | Industrial Minerals | Latin America |

 

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The Yilgarn South region

Gold Fields to buy three of Barrick�s Australian mines

Gold Fields Ltd agreed to acquire three of Barrick Gold Corp�s mines for US$300 million in a deal that will see the South Africa-headquartered gold producer shift more of its output from Africa to Australia. Full story...

Gold Fields | Barrick Gold Corp | Gold | Australasia |


OKK Coking plant

New World to discuss covenants with lenders

European coal producer New World Resources plc (NWR) said it would not be able to meet its banking covenants and planned to enter discussions with its lenders to negotiate a solution. Full story...

New World Resources | Coal | Europe |


Mayoko iron-ore project in the Republic of Congo

Exxaro awaits Mayoko mining convention

Exxaro Resources Ltd said the delay in finalising a mining convention for the Mayoko iron-ore project with the Republic of Congo government will impact the planned ramp-up and operational readiness of the mine.Full story....

Exxaro Coal | Iron Ore | West Africa |

 


THIS WEEK'S MINING JOURNAL HEADLINES

ABG�s new CEO, Bradley Gordon

African Barrick replaces chief executive

After three years in charge, African Barrick Gold plc (ABG) said chief executive (CEO) Greg Hawkins had resigned to �pursue other opportunities� and has been replaced by Australian mining engineer Bradley Gordon Full story...

This week: 23/8/13

A round up of this week in Finance news, Production news and statistics Full story...

Glencore Xstrata takes US$8.5bn write-down but talks up savings

Glencore Xstrata plc posted a US$8.9 billion loss in the first half of this year after taking a US$8.5 billion write-down on assets, mainly related to its acquisition of Xstrata three months ago Full story...

Formosa invests in Aussie magnetite project

Taiwan�s largest private company, Formosa Plastics Group, agreed to invest US$1.15 billion into Fortescue Metals Group Ltd�s (FMG) Iron Bridge magnetite project in Western Australia Full story...

Amplats to cut 6,900 jobs as talks wrap up

The world�s largest platinum producer, Anglo American Platinum plc (Amplats), said it would lay off up to 6,900 employees after concluding its restructuring consultations, which began in February Full story...

BHPB pledges US$2.6billion towards Jansen potash project

BHP Billiton (BHPB) pledged to spend US$2.6 billion over the next four years to develop its Jansen project in Saskatchewan, Canada, into potentially the world�s largest potash mine Full story...
 


LATEST SUPPLEMENT

MJ Funding Supplement 07/13

MJ Funding Supplement 07/13Now is not a good time to be a junior explorer in the mining sector. The funding crisis is likely to push a number of juniors out of business as the finance squeeze for exploration gains momentum

Read the supplement online

The london skyline at night

 

Is the industry in crisis? A lender�s perspective

The shake-up of the industry is a good thing, as hopefully what we are going to see is a return to a bit more discipline Full story...

Meeting the equity gap

Equity markets went into serious decline in 2012, according to figures released by Ernst & Young earlier this year, with the opportunity for initial public offerings (IPOs) �practically closed on anything other than highly dilutive terms�. Full story...

Reshaping the mining industry

Standard & Poors predicted a difficult year ahead for the mining industry in 2013 and to date the prediction has proved uncomfortably accurate Full story...

 

Read the supplement online




COMMENT

My last fracking comment

Hydraulic fracturing, or fracking, was big news in the UK this week, about four decades after the technique was first used in the country.

Cuadrilla Resources Ltd�s exploration drilling at Balcombe, a village in West Sussex, south England, has been the focus of the attention. Cuadrilla started test drilling at Balcombe this month, triggering anti-fracking protests from around a thousand demonstrators concerned about the potential environmental and seismic impact. Full story...

Full Comment Archive

Julie Crust
 


REPORTS

Miner's right: The beauty of thinking small

Limiting the scope of a project in the early stages could result in big payoffs Full story...

Full Reports Archive

Lines 1 to 5 at Citic Pacific Mining Ltd�s Sino Iron project

Investing in Africa: Missed opportunities

Have governments in Africa overplayed their hand? Full story...

Full Reports Archive

Exploration drilling at Ivanplats Ltd�s Kamoa copper project in the DRC

Resource taxation: Mining taxation trends

Governments need to work with industry for a better balance Full story...

Full Reports Archive

 The Oyu Tolgoi copper-gold mine in Mongolia

Indonesia: Power struggle

A regulatory analysis of generating Indonesian mine-mouth power Full story...

Full Reports Archive

A worker walks over stockpiles of coal at the PT Exploitasi Energi Indonesia operations

Uranium: Ripe for recovery

Growing optimism in the equity markets is a forerunner of recovery in the uranium industry Full story...

Full Reports Archive

 Equipment at Paladin�s Langer Heinrich mine in Namibia
 


PROFESSIONAL PLACEMENTS

Professional PlacementsOpportunities for Mining Hydrogeologists and Geochemists worldwide

Invest in your career by joining the world�s leading provider of water services for the mining industry (updated July 23).


Professional PlacementsProfessional Placements: Editor of Mining Journal - Aspermont Media

The Mining Journal, based in London, is seeking an Editor


Professional PlacementsProfessional Placements: Mine Superintendent - Boliden

Boliden Tara Mines, based in Ireland, is seeking a Mine Superintendent for their Mine Department


To advertise your recruitment needs, please contact Tom Peck or Naomi Spence




EVENTS UPDATE
MJIS: Gold & Precious Metals Day
September 6, 2013, London, UK
MJIS

Euromining
September 11-12, 2013, Tampere Exhibition and Sports Centre, Tampere, Finland
Euromining

Toronto Resource Investment Conference
September 12-13, 2013, Sheraton Centre Toronto, Canada
TRIC

Mine Closure 2013
September 14-22, 2013, Eden Project Cornwall, UK
Mine Closure 2013

Precious Metals Summit Colorado
September 18-20, 2013, Park Hyatt Beaver Creek, Colorado, US
Precious Metals Summit

Denver Gold Forum
September 22-25, 2013, Hyatt Regency, Denver, USA
Denver Gold Forum

LME Metals Seminar
October 7, 2013, LME, London
LME Metals Seminar

Indonesia Investment Summit Hong Kong 2013
October 21-24, 2013, Conrad, Hong Kong
Indonesia Investment Summit

Fennoscandian Exploration & Mining
October 29-31, 2013, Levi, Finland
FEM 2013

Mines and Money Australia
October 29 - November 1, 2013, Conrad, Hong Kong
Mines and Money Australia

Mongolia Investment Summit Hong Kong 2013
November 18-20, 2013, Four Seasons Hotel, Hong Kong
Mongolia Investment Summit

Mines and Money London 2013
December 1-5, 2013, Business Design Centre, London
Mines & Money London

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weir Minerals
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� Mining journal 2013, all rights reserved.
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Data and Statistics for these countries : Australia | Canada | Chile | Finland | Hong Kong | Indonesia | Ireland | Mongolia | South Africa | All
Gold and Silver Prices for these countries : Australia | Canada | Chile | Finland | Hong Kong | Indonesia | Ireland | Mongolia | South Africa | All

DRDGold Limited

PRODUCER
CODE : DROOY
ISIN : US26152H3012
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DRDGold is a gold producing company based in South africa.

DRDGold holds various exploration projects in South Africa.

Its main assets in production are CROWN, ERPM, EAST RAND - ERGO, BLYVOORUITZICHT and CGR in South Africa.

DRDGold is listed in France, in Germany, in South Africa, in United Kingdom and in United States of America. Its market capitalisation is US$ 141.1 millions as of today (€ 103.4 millions).

Its stock quote reached its lowest recent point on December 30, 2005 at US$ 0.30, and its highest recent level on April 11, 2008 at US$ 9.97.

DRDGold has 37 918 000 shares outstanding.

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In the News and Medias of DRDGold Limited
12/4/2018DRDGOLD begins first phase of Far West tailings project
3/28/2018DRDGold okays Sibanye-Stillwater $110 million-assets exchang...
2/8/2018Sibanye-Stillwater $108 million-move on DRDGold OK'd
Annual reports of DRDGold Limited
ADVISORY: DRDGOLD website update: 2013 annual report suite n...
2008 Annual Report
Financials of DRDGold Limited
2/20/2011Report to shareholders for the quarter and six months ended...
Project news of DRDGold Limited
4/18/2016Production update, Q3 FY2016
Corporate news of DRDGold Limited
2/11/2014alertUser-Agent: CodeIgniter
12/4/2013alertUser-Agent: CodeIgniter
10/28/2013alertUser-Agent: CodeIgniter
10/22/2013alert - Results for the quarter ended 30 September 2013
10/16/2013alert - Confirmation of salient dates of the annual general ...
10/10/2013alert: Two-year wage settlement ends DRDGOLD strike
10/8/2013alert - Management refuses NUM’s eleventh-hour wage negotiat...
9/30/2013alert - Craig Barnes resigns as Executive Director and CFO
9/26/2013FY2014 Results invitation : 22 October 2013
9/26/2013FY2014 Results invitationUser-Agent: CodeIgniter
8/27/2013Latest Headlines and New Issue Alert: Mackenzie forgoes part...
8/23/2013alert - 9% increase in operating profit, 11% rise in HEPS in...
7/2/2013alertUser-Agent: CodeIgniter
4/17/2013alertUser-Agent: CodeIgniter
3/15/2013alertUser-Agent: CodeIgniter
9/30/2011WEBSITE ALERT : DRDGOLD
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NASDAQ (DROOY)
3.72-5.82%
NASDAQ
US$ 3.72
12/19 16:04 -0.230
-5.82%
Prev close Open
3.95 3.66
Low High
3.66 3.82
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  3.72 -%
Volume 1 month var.
292,846 -%
Produces Gold
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