| Tue 17 Jan 2006, 9:57 | | Drdgold Limited - Drdgold South African Operatio |
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DRD
DRDD
Drdgold Limited - Drdgold South African Operations (Proprietary)
Limited ("Drdgold SA") board appointments and Drdgold executive
appointment
DRDGOLD Limited
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
Share code: DRD
ISIN: ZAE000058723
ARB number: 086 277 616
Nasdaq trading symbol: DROOY
("DRDGOLD" or "the company")
DRDGOLD SOUTH AFRICAN OPERATIONS (PROPRIETARY) LIMITED ("DRDGOLD
SA") BOARD APPOINTMENTS AND DRDGOLD EXECUTIVE APPOINTMENT
1. DRDGOLD SA BOARD APPOINTMENTS
DRDGOLD has announced the appointment of a Board of Directors
for its recently constituted, 85%-owned subsidiary, DRDGOLD
SA.
The Board of DRDGOLD SA comprises: Dr Paseka Ncholo (Executive
Chairman), Louis Lamsley (Chief Operating Officer), Mark
Wellesley-Wood, John Sayers, Niel Pretorius and Andrew Weir.
Mr Lamsley (57) was previously Regional General Manager of
DRDGOLD"s South African operations.
Mr Wellesley-Wood (54) is the Chief Executive Officer of
DRDGOLD, Mr Sayers (59) is the Chief Financial Officer of
DRDGOLD, Mr Pretorius (38) is the Group Legal Counsel and
General Manager Corporate Services of DRDGOLD and Mr Weir (41)
is the General Manager: Human Resources of DRDGOLD.
Dr Ncholo (42), whose appointment as Executive Chairman of
DRDGOLD SA was announced recently, is Chairman of Khumo
Bathong Holdings (Proprietary) Limited ("KBH") and the former
Non-Executive Chairman of DRDGOLD. KBH holds the balance (15%)
of the shares in DRDGOLD SA.
Senior management appointments within DRDGOLD SA have also
been announced:
- Ben Nyirenda (42), previously Regional Projects Manager
for DRDGOLD"s South African Operations, has been appointed
Head of New Business for DRDGOLD SA; and
- Charles Symons (51), previously Operations Manager for the
Crown surface operations of Crown Gold Recoveries
(Proprietary) Limited ("CGR"), has been appointed Regional
General Manager of CGR. CGR, comprising ERPM and the Crown
surface operations, was previously a 60:40 joint venture
between DRDGOLD and KBH. CGR is now wholly owned by
DRDGOLD SA.
2. DRDGOLD EXECUTIVE APPOINTMENT
DRDGOLD has announced the appointment of Ilja Graulich (33) as
Strategic Development Officer for DRDGOLD, reporting to the
CEO, Mr Wellesley-Wood. Mr Graulich will retain his current
responsibilities as General Manager: Investor Relations for
DRDGOLD.
Johannesburg
17 January 2006
Biographies:
Dr Paseka Ncholo (PhD) is Executive Chairman of DRDGOLD SA and of
KBH. Admitted as an advocate of the High Court of South Africa in
1994, he is a former Director-General of the Department of Public
Service and Administration in the South African Government and the
former Non-Executive Chairman of DRDGOLD.
Louis Charles Lamsley (NTD (Metalliferous Mining), Mine Manager"s
Certificate) was appointed Regional General Manager of DRDGOLD"s SA
operations in April 2005. Mr Lamsley has experience in the South
African gold mining industry spanning more than 30 years.
John Sayers (CA (SA and England), BSc Hons) was appointed Chief
Financial Officer and Financial Director of DRDGOLD in September
2005. Previously Financial Director of Allied Electronics
Corporation Limited from 1989 to 1996 and of Nampak Limited from
1996 to 2004, Mr Sayers has more than 40 years" financial
management experience.
Mark Michael Wellesley-Wood (BSc Mining, CEng) was appointed Non-
Executive Chairman of DRDGOLD in May 2000 and Chairman and Chief
Executive Officer in November 2000. He resigned as Chief Executive
Officer and was appointed Executive Chairman on 19 December 2003.
He resumed his role as Chief Executive Officer following Dr
Ncholo"s appointment as Non-Executive Chairman. Mr Wellesley-Wood
is a director of Emperor Mines Limited.
Daniel Johannes (Niel) Pretorius (BProc LLB) was appointed Group
Legal Counsel of DRDGOLD in February 2004. A director of Rand
Refinery Limited, he has 12 years" experience in the mining
industry.
Andrew Norman Weir (BSoc Sci) was appointed General Manager: Human
Resources of DRDGOLD in April 2005. Mr Weir, who also holds an
advanced diploma in labour law and an MDP, has 17 years" experience
in the mining industry.
Charles Methley Symons (BCom, MBL) was appointed Operations Manager
of CGR"s surface operations in 1997. He has extensive experience in
gold metallurgy, spanning more than 30 years.
Hurwa Benard (Ben) Nyirenda (BSc (Hons) MSc, MBA, BEng (Hons) Pr
Eng, Mine Manager"s Certificate) has 25 years" experience in the
mining industry, in both the gold and diamond sectors. Educated in
Malawi, England and South Africa, Mr Nyirenda joined DRDGOLD in May
2004 as a Production Manager. He also has experience in the
financial management and consulting fields.
Ilja David Graulich (MBA) was appointed General Manager: Investor
Relations for DRDGOLD in February 2003. He has extensive experience
in mining and financial journalism. He is a director of Net-Gold
Services Limited and of G.M. Network Limited (GoldMoney.com) and an
alternate Director of Rand Refinery Limited.
Date: 17/01/2006 09:57:21 AM Produced by the JSE SENS Department
