DRDGOLD LIMITED - R23 million Ergo plant upgrade to increase treatment capacity: Feasibility study completed
DRD04 DRD 201502100001A
R23 million Ergo plant upgrade to increase treatment capacity: Feasibility study completed
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
Interest Rate Issuer code: DRDI
ISIN: ZAE000058723
Issuer code: DUSM
NYSE trading symbol: DRD
(“DRDGOLD”)
R23 MILLION ERGO PLANT UPGRADE TO INCREASE TREATMENT CAPACITY: FEASIBILITY STUDY COMPLETED
DRDGOLD shareholders are advised that a feasibility study has been completed for a
R23 million upgrade of its Ergo plant to effect an increase in treatment capacity by
300 000 tonnes per month (tpm) to a total of 2.1 million tpm.
The feasibility study envisages refurbishment and re-commissioning of five tanks within the Ergo
plant’s existing carbon in leach circuit, initially in order to treat the 21 million tonne Van Dyk
tailings dam resource.
The project would be funded from additional internal cash flows from the retreatment of the Van
Dyk dam and breaks even at a gold price of R384 000 per kilogram.
The project is expected to be completed by September 2015.
Roodepoort
10 February 2015
Sponsor and Debt Sponsor
One Capital
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