| Mon 30 Jan 2006, 8:00 | | DRDGOLD - Report on activities for the second quar |
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DRD
DRDD
DRDGOLD - Report on activities for the second quarter ended 31 December 2005 of
the 2006 financial year
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ARB number 086 277 616
JSE trading symbol: DRD
ISIN Code: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
ASX trading symbol: DRD
("DRDGOLD" or "the company")
REPORT ON ACTIVITIES FOR THE SECOND QUARTER ENDED 31 DECEMBER 2005
OF THE 2006 FINANCIAL YEAR
GROUP RESULTS (Unaudited)
KEY FEATURES
- Porgera West Wall recovery on track
- Production improves at Tolukuma - further high grade zones
identified
- At Emperor, significant new mineralisation on Philip Shaft"s lower
levels
- Blyvoor reduces tonnage from high-risks areas; wins top safety
award for the eighth time
KEY RESULTS SUMMARY
GROUP Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
Attributable gold
production(*)
Australasian
operations oz 59 140 67 920 (13) 127 060 87 751
kg 1 841 2 113 (13) 3 954 2 731
South African
operations oz 71 407 67 710 5 139 117 59 832
kg 2 221 2 106 5 4 327 1 861
Discontinued
operations oz - - - - 75 714
kg - - - - 2 355
Group oz 130 547 135 630 (4) 266 177 223 297
kg 4 062 4 219 (4) 8 281 6 947
Gold price
Received US$/oz 497 446 11 472 433
ZAR/kg 104 366 93 559 12 99 083 84 843
* Attributable - Including Emperor Mines Limited ("Emperor") (45.33%) and Crown
Gold Recoveries (Pty) Limited ("CGR")(100%)as from 1 December 2005 (previously
40%)
STOCK
ISSUED CAPITAL
308 086 126 ordinary no par value shares
5 000 000 cumulative preference shares
Total ordinary no par value shares issued and committed: 341 994 830
STOCK TRADED JSE ASX NASDAQ FRANKFURT
Avg. volume for the quarter
per day (000) 396 12 3 098 90
% of issued stock traded
(annualised) 34% 1% 262% 8%
Price - High R10.80 A$2.16 US$1.55 Euro 1.29
- Low R 7.00 A$1.70 US$1.21 Euro 1.04
- Close R 9.30 A$2.08 US$1.44 Euro 1.22
SAFETY
With deep regret we record the deaths of two employees, both at Emperor, during
the quarter under review. Sharveen Prasad and Sireli Mansawa died in separate
fall-of-ground related incidents, the causes of which are being investigated by
management and the Fijian authorities. Emperor recorded improvements in both its
Lost Time Injury Frequency Rate ("LTIFR") and Disabling Injury Frequency Rate
("DIFR") during the quarter. Tolukuma Gold Mines Limited ("Tolukuma") and
Porgera maintained satisfactory safety performances.
The South African operations had a fatality-free quarter. However, all three
recorded deteriorations in LTIFR"s and DIFR"s, requiring a refocus of effort on
specific operational safety initiatives.
Blyvooruitzicht Gold Mining Company Limited ("Blyvoor") has won the Association
of West Rand Mines Inter-Mine Safety Competition for the eighth year in
succession with an LTIFR for 2005 of 8.579. Its nearest competitor scored
10.676.
PRODUCTION
Group gold production was 4% lower at 130 547 ounces ("oz"). This reflects a
13% decline in attributable gold production from the Australasian operations to
59 140 oz, due to lower output from both Porgera and Emperor, reasons for which
are provided in the operation-by-operation commentaries below. Gold production
from the South African operations rose by 5% to 71 407 oz, reflecting an
increase in attributable production from the East Rand Proprietary Mines Limited
("ERPM") and Crown surface operations of CGR from 40% to 100% for December 2005,
following incorporation of CGR into DRDGOLD South Africa Operations (Pty)
Limited ("DRDSA"), 85% owned by DRDGOLD and 15% owned by Khumo Bathong Holdings
(Pty) Limited ("KBH").
Australasian operations
Porgera Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
(20% of the Joint
Venture)
Ore milled t"000 270 281 (4) 551 318
Yield g/t 3.83 4.80 (20) 4.33 5.32
Gold produced oz 33 218 43 395 (23) 76 613 54 417
kg 1 034 1 350 (23) 2 384 1 693
Attributable gold production was 23% lower at 33 218 oz, reflecting a 4% decline
in ore milled to 270 000 tonnes ("t") and a 20% decline in yield to 3.83 grams
per tonne ("g/t").
Lower throughput arose mainly from a seven-day power outage, while lower yield
was due to less mining from the Stage Four open pit and higher tonnage treated
from lower grade stockpiles. Yield is expected to improve with increased mining
from the Stage Five open pit.
Good progress has been made on the West Wall cutback. Both tonnage moved and
costs were better than planned and the project is currently 25% completed.
On-mine exploration currently involves drilling of the Far North Zone, Romane
East and Cubby Zones, Porgera Deep Minex and Stage Six. Some 5 235 metres ("m")
have been drilled in Stage Six; this component is now 50% complete and results
to date are promising.
Tolukuma Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
Ore milled t"000 54 47 15 101 55
Yield g/t 9.52 9.40 1 9.47 10.85
Gold produced oz 16 524 14 199 16 30 723 19 183
kg 514 442 16 956 597
Gold production increased by 16% to 16 524 oz, reflecting a 15% improvement in
ore milled to 54 000 t and a 1% increase in yield to 9.52 g/t. Higher
throughput and yield have resulted from better control of underground water
through improved pumping efficiencies, a focus on development leading to
increased mining face available, and a reduction in lower grade tonnage sourced
from old gold areas.
Emperor Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
*(45.33% attributable)
Ore milled t"000 50 54 (7) 104 67
Yield g/t 5.86 5.94 (1) 5.90 6.58
Gold produced oz 9 398 10 326 (9) 19 724 14 151
kg 293 321 (9) 614 441
Gold production was 9% lower at 9 398 oz due to a 7% decrease in ore milled to
50 000 t. Yield was 1% lower at 5.86 g/t.
At the Emperor Decline section, tonnage matched that of the previous quarter but
yield was lower than expected. Increased development is expected to improve the
future yield profile. At the Smith Shaft section, a major fall of ground and
deteriorating ground conditions were experienced in the high grade 1700 MNE area
and a major dyke intersected in the 2123 MAT long walls. Consequently, stoping
in both areas has been suspended and for the next six months will be limited to
the MNE 17 level area.
At the R1/Cayzer section, tonnage improved but yield was lower due to fewer
tonnes mined from the high grade Kava footwall area. In the March quarter de-
watering of the 17 and 18 levels will be expedited in order to develop and mine
high grade resources in the Caldera area. At the Philip Shaft section,
development and holing of the 1800 Prince decline has been prioritised, in order
both to improve environmental conditions and facilitate high-speed development
of the Prince area for future production. This and other essential measures to
improve infrastructure - in particular, hot water pumping, tramming and hoisting
controls and maintenance facilities - contributed to lower production.
The Me Caka ("Do It") Process to improve worker morale continued during the
quarter. Absenteeism declined further, from 10% to 7%.
South African operations
Blyvoor Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
Area mined m2 000 33 35 (6) 68 32
Development m 579 729 (21) 1 308 258
Face length m 1 193 1 228 (3) 1 210 1 268
Stoping width cm 106 109 3 107 107
Ore milled
Underground t"000 152 173 (12) 325 129
Surface t"000 914 873 5 1 787 768
Total t"000 1 066 1 046 2 2 112 897
Yield
Underground g/t 6.18 6.23 (1) 6.20 7.49
Surface g/t 0.32 0.33 (3) 0.32 0.27
Total g/t 1.15 1.30 (12) 1.23 1.31
Gold produced
Underground oz 30 190 34 626 (13) 64 816 31 057
kg 939 1 077 (13) 2 016 966
Surface oz 9 292 9 196 1 18 488 6 623
kg 289 286 1 575 206
Total oz 39 482 43 822 (10) 83 304 37 680
kg 1 228 1 363 (10) 2 591 1 172
A 10% decline in total gold production to 39 482 oz reflected a 13% decline in
underground gold production to 30 190 oz. Surface gold production rose by 1% to
9 292 oz.
Lower underground gold production resulted both from a 12% decline in
underground ore milled to 152 000 t and a 1% decline in underground yield to
6.18 g/t. This arose from a planned reduction in mining from the high-grade B5A
area in the interests of employee safety, following increased levels of
seismicity related to geological features.
In terms of a new mine plan, which shall be reported on in more detail at the
time of the release of the Company"s full interim results on 23 February, mining
will be increased from the No.4 Shaft and lower-grade No. 6 Shaft areas,
starting during the March 2006 quarter. Overall underground production is
scheduled to increase to 70 000 t per month by the September 2006 quarter.
Crown Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
100% attributable
from 1 Dec 2005
(Previously 40%)
Ore milled t"000 1 255 894 40 2 149 894
Yield g/t 0.41 0.43 (4) 0.42 0.40
Gold produced oz 16 635 12 288 35 28 923 11 613
kg 517 382 35 899 361
Crown"s results for the quarter under review are not directly comparable with
those of the previous quarter, owing to the re-absorption of its holding
company, CGR into DRDSA as a wholly owned subsidiary with effect from 1 December
2005. For the months of October and November 2005, Crown results were 40%
attributable to DRDGOLD, and for December 2005, 100%.
While attributable gold production was 35% higher at 16 635 oz, gold production
for the operation as a whole was 8% lower at 28 164 oz, reflecting a 6% decline
in throughput to 2 103 000 t. Yield was virtually unchanged. A thickener
breakdown at the Knights plant and, in particular, the failure of pipelines into
and from the Crown plant contributed to lower throughput. The thickener was
repaired during the quarter and the pipeline maintenance programme revised.
Two mills in the process of being installed at the Knights plant are scheduled
for commissioning during the June quarter.
A non-binding letter of intent has been concluded with AngloGold-Ashanti Limited
for the acquisition of the Top Star dump in Selby, Johannesburg and a public
participation process initiated pursuant to securing the necessary regulatory
permissions for recovery operations to begin. The dump is estimated to contain
5.1 million t of material at an average grade of 0.780 g/t.
ERPM Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
100% attributable
from 1 Dec 2005
(previously 40%)
Area mined m2 # 000 16 18 (11) 34 16
Development # m 413 336 23 749 108
Face length # m 723 698 4 710 683
Stoping width #cm 132 133 1 133 133
Ore milled
Underground t"000 42 34 24 76 35
Surface t"000 381 206 85 587 210
Total t"000 423 240 76 663 245
Yield
Underground g/t 7.81 7.88 (1) 7.88 7.27
Surface g/t 0.39 0.43 (9) 0.41 0.36
Total g/t 1.13 1.50 (25) 1.26 1.34
Gold produced
Underground oz 10 545 8 719 22 19 264 8 032
kg 328 271 22 599 250
Surface oz 4 745 2 881 65 7 626 2 507
kg 148 90 65 238 78
Total oz 15 290 11 600 32 26 890 10 539
kg 476 361 32 837 328
# Represents total operation.
ERPM"s results for the quarter under review are not directly comparable with
those of the previous quarter, owing to the re-absorption of its holding
company, CGR, into DRDSA as a wholly owned subsidiary with effect from 1
December, 2005. For the months of October and November 2005, ERPM results were
40% attributable to DRDGOLD, and for December 2005, 100%.
While total gold production attributable to DRDGold was 32% higher, at 15 290
oz, total gold production from the operation was 9% lower at 26 460 ounces.
Attributable underground gold production was 22% higher at 10 545 oz, but 15%
lower for the underground operation as a whole at 18 551 ounces. Attributable
surface gold production was 65% higher at 4 745 oz and 10% higher for the
surface operation as a whole at 7 909 ounces.
Attributable ore milled from underground was 24% higher at 42 000 t but 17%
lower for the underground operation as a whole at 71 000 t due to a number of
events during the quarter that collectively accounted for the loss of 20
production shifts:
Two main vent fans failed at the Far East Vertical ("FEV") shaft. These have
been repaired.
A section of the FEV decline excavation collapsed during the current
refurbishment project. The project, nevertheless, is on track for completion
during the March quarter.
A pump failure on 68 level resulted in flooding that blocked ventilation flow. A
two-year pumping upgrade project, currently in Phase 1, is expected to obviate
such mishaps in future.
There was industrial action resulting both from wage negotiations and Cosatu"s
stayaway call.
The Christmas break extended from 23 December to 2 January. Five production
shifts lost during this period, however, were worked in during the September
quarter.
Underground yield for the operation as a whole was 3% higher at 8.13 g/t,
reflecting higher grade stoping established on the other side of geological
discontinuities successfully negotiated during the previous quarter, as well as
less waste dilution.
Attributable surface ore milled was 85% higher at 381 000 t and 21% higher for
the surface operation as a whole at 625 000 t. This arose from improved plant
availability resulting from equipment upgrades and improved maintenance
procedures.
Discontinued operations
North West Quarter Quarter % 6 mnths to Quarter
Dec 2005 Sep 2005 Change Dec 2005 Dec 2004
(Hartebeestfontein
and Buffelsfontein
mines)
Area mined m2 000 - - - - 81
Development. m - - - - 10 442
Face length m - - - - 2 871
Stoping width cm - - - - 121
Ore milled
Underground t"000 - - - - 344
Surface t"000 - - - - 394
Total t"000 - - - - 738
Yield
Underground g/t - - - - 5.87
Surface g/t - - - - 0.85
Total g/t - - - - 3.19
Gold produced
Underground oz - - - - 64 944
kg - - - - 2 020
Surface oz - - - - 10 770
kg - - - - 335
Total oz - - - - 75 714
kg - - - - 2 355
EXPLORATION - TOLUKUMA
As part of a comprehensive regional appraisal of the company"s exploration
tenements, a review has also been conducted of the mine based exploration within
the mining lease. This review identified numerous drill targets within the
immediate mine area based on structural connectivity, alteration and vein
paragenesis. Six of these targets have been tested from surface at shallow depth
and the presence of target structures has been confirmed, however, economic
intersections have only been encountered in the Gufinis Vein. Most targets still
await to be tested by underground drilling, particularly the highest ranked
targets on the Tolukuma, Tolimi and Gulbadi Deeps Veins. Preliminary drilling of
these structures has been followed up by sampling of most of the known veins
within the mine area to analyse the vein characterisation at different
elevations within the epithermal system at Tolukuma. This will be followed by
further drilling of specific targets determined from improved knowledge of the
controls to mineralisation.
Exploration in the coming period will focus on the high grade Gulbadi Red
anomaly situated approximately 250m south of current workings and which remains
open to the south. The envelope of mineralisation is currently defined by six
drill intersections over a strike length of approximately 150m. Values up to
57.2 g/t over a width of 2.9m have been intersected in underground drill holes.
This target is prospective as it is consistent with the projected southerly
plunge of the mineralisation of the veins currently being mined. The orientation
of this structure, when related to the sinistral movement of the Tolukuma fault,
is considered favourable for a zone of significant dilation. Other factors which
support the southern end of the fault being prospective are the results of
studies on fluid inclusion and fluid flow modeling.
A further target to be drill tested in the quarter is a footwall splay to the
south which parallels the Banana Vein and from which trench sampling has
intersected good grades. This structure will be tested by several drill holes.
Recent surface reconnaissance work has identified several other potentially
mineralised structures to the north of the Banana Vein but west of the Tolukuma
Fault which opens up the potential in the Davidson Volcanics west of the current
mine workings. Further work and drilling is planned.
Further, exploration emphasis is being given to surface work on the southern
extension of the Tolukuma Fault between Gulbadi Red and towards the Kunda
prospect. It is planned that this area will be extensively trenched mapped and
augur sampled, to locate the numerous veins in the region. This exploration will
further define the structural architecture of the southern portion of the
Tolukuma fault and help in defining drill targets.
Another target area for additional exploration work in the near future is the
Kunda prospect, approximately 1km south of the current southerly extent of the
underground workings, where in the past there has been limited trenching and
drilling. This work has partially defined the southerly extent of the Tolukuma
vein and has intersected some very encouraging grades over a 300m strike length.
This area is also considered highly prospective for the addition of a
significant new resource.
Surface Drilling
Gufinis and Tolukuma North. Two holes were completed at Gufinis and Tolukuma
North area with both holes intersecting the Gufinis and Tolukuma structures. All
holes drilled at this target have intersected this structure with grade.
Gulbadi Far North Intersections. These holes were drilled to test the lateral
and down dip extension of previous intersections. Results confirm there is
mineralisation present.
Banana Creek. Two holes were drilled to test the down dip extension of the
Banana Vein. One hole was terminated short of target and the other returned
assays of <1g/t.
Zine Gulbadi Corridor South. Four shallow holes were completed in the period.
The presence of the Zine structure was confirmed close to surface with no
significant results.
Zine South. Geochemical data from underground samples suggest that the 1 500m RL
appears to be the top boundary of a possible ore zone. Surface mapping and
sampling of outcropping structures and additional trenching is on-going in this
area to identify targets to be drilled.
Underground Drilling
The LMA90 completed drilling of 695.1m, testing structures to the east of the
current underground workings. Only one result returned values of interest, with
3m at 4.32g/t Au on the Zine structure. Access to the LMA90 drill platforms was
limited during the quarter.
Diamond Drilling Summary
During this quarter a total of 4 936.5m were drilled from 26 drill holes
compared to 4 778.5m from 29 drill holes in the last quarter. A total of 194
half-drill core samples were analysed at the Tolukuma laboratory, compared to
770 in the last quarter.
PAPUA NEW GUINEA ("PNG") Regional Programme
The company maintains eleven Exploration Licences ("EL") covering 9 114km2.
Seven tenements are granted, namely EL"s 683, 1297, 1379, 1284, 1271, 1352 and
1366 with four tenements, EL 580, 894, 1264 and 1327 awaiting renewal.
At the end of July 2005, work started on the PNG Regional Exploration Program,
utilising the services of Brisbane based consulting company, Mining Associates
("MA"). The work is three fold:
- To set-up a Regional Exploration office in Port Moresby, with all the
regional exploration data from the mine. From this office, all regional
exploration, direction, support and advice is to be given by MA and seconded
mine staff;
- MA providing specialist technical expertise to synthesise existing work,
develop it further, and to prioritise and rank targets. Work includes assembling
high quality "industry standard" data packages and the setting up and
development of exploration work programs with associated budgets; and
- To set in place exploration and management systems and procedures, and
provide training and development to local staff towards attaining a sustainable
exploration base and team.
The outcome of this work program will be identification and prioritisation of
prospects and targets and the establishment of the company"s significant
exploration program going forward. This program may be undertaken both directly
by the company and in partnership with suitable joint venture partners.
The initial phase of work was the setting-up of the Regional Exploration Office,
following cataloguing and filing of information at mine site, before it was
moved to Port Moresby. Suitable infrastructure (office facilities, computers and
software) has been established, allowing the new office to run independently of
the mine site exploration office. Review work started on the Central Tenements,
which is near completion, whilst the North East Tenements review is still
ongoing.
Interpretative work for the review is also utilising recent remote sensing
images and improved understanding of deposit systems since the 1980"s to re-
evaluate and better develop the prospects. Approximately 20 valid prospects at
varying stages of exploration testing have been identified, of which, several
are considered very significant. Reconnaissance work was undertaken during the
quarter over the Kalaepe/Kone Prospect area in EL 1284 and also the Ipi River
Prospect in EL 1352 to provide geological confirmation and information for
extensive field work in the coming quarters.
The aim in the next quarter is to complete the review by further upgrading of
prospects and to comprehensively rank prospects based on current evaluations.
Detailed data packages are to be completed including recommendations for
prioritised and targeted field programs.
Australia: Daylesford
The current status of the Daylesford Tenements, in Victoria, is that the
Renewal application is in process for EL3431, and a mining lease application,
ML5453, within EL3431 has been applied for.
The application for MLA5453 has been advertised locally, as part of the
application.
EXPLORATION-EMPEROR
During the quarter, a number if significant drill intersections were made at
Decline, Smith and Philip. A new zone of potential high grade shatter material
was also identified at Philip.
Decline drilling focused on orebodies adjacent to current mining areas. No
drilling testing of 166N was undertaken as footwall development is in progress.
Infill drilling on 166N, thereafter, is expected to produce encouraging results
down-dip from current workings. Most drill holes tested the 370/Vunivalu dyke
swarm as infill holes following up on previous intersections and sampling. Some
encouraging values were intersected as shown below:
Hole Id From(m) To(m) Width(m) Grade(g/t) Structure
EU-10-388 11.65 13.40 1.64 35.28 370/V-Valu FWDK#2
EU-12-217 10.41 12.26 1.41 9.01 370/V-Valu DK #1
At Smith, three holes targeting Matanagata flatmake and its hangingwall splits
intersected significant grades in the Matanagata North East area:
Hole Id From(m) To(m) Width(m) Grade(g/t) Structure
EU-17-397 22.35 24.05 1.29 17.95 MNE FM
34.95 35.10 0.13 59.75 HW SPLIT
EU-15-141 18.92 20.02 0.66 11.74 MAT FM
EU-17-394 27.82 28.70 0.39 15.47 MNE FM
At Philip, excellent results bolstered the previously identified 15L Prince
William Bonanza Telluride Pocket. Recent intersections include PU-14-073A with
0.37m at 117.3 g/t and PU-14-076 with 0.27m at 26.41 g/t. Both intersections
include visible telluride mineralisation. Elsewhere at Philip, drilling on 14L
Prince William HWS/1500 Split also intersected high grade values with visible
telluride. Here, PU-13-162 intersected 0.33m at 26.2g/t with minor visible
telluride. Another recent hole intersected strong flatmake mineralisation.
Results are pending.
Hole Id From(m) To(m) Width(m) Grade(g/t) Structure
PU-14-073A 46.84 47.30 0.37 117.30 PW
PU-14-076 54.81 55.23 0.27 26.40 PW
PU-13-162 25.31 25.75 0.33 26.00 PW 1500 SPLIT
Significant potential for new mineralisation was identified in the footwall of
the Prince William flatmake, previously interpreted as a structure that
terminates the Vatukoula gold mineralisation. Recent work shows that strong
mineralisation continues into the footwall of Prince William structure and has
been identified along the 16L Footwall Access. Here, a number of previously
mined structures were neglected despite significant face channel sample results
which include:
2.50m @ 31.84 g/t - Mara
0.70m @ 64.26 g/t - Prince William FW
1.15m @ 20.33 g/t - 4890 Dyke
1.60m @ 487.5 g/t - Prince William/4890 Intersection
The highest priority target at Philip currently is the Brewster 4-Ways target
where recent interpretation shows a structural convergence point where 4 known
mineralised structures (Prince-Dolphin, Prince William, 260E and Brewster Fault
Zone) all intersect. Nearby intersections (shown Below) in conjunction with the
recent fluid flow model indicate good potential for a large high-grade
mineralized shatter zone.
Hole Id From(m) To(m) Width(m) Grade(g/t) Structure
MA-508 708.90 710.70 1.74 52.55 Dolphin
MA-708 698.10 698.67 0.53 217.00 Prince
MA-522 766.42 766.52 0.09 52.55 PW
MARK WELLESLEY-WOOD
Chief Executive Officer
30 January 2006
INVESTOR INFORMATION
DIRECTORS - (*British)(**Australian)(***American)
Executives:
MM Wellesley-Wood (Chief Executive Officer)*
JWC Sayers (Chief Financial Officer)
Non-executives:
J Turk ***
Independent non-executives:
DJM Blackmur**
GC Campbell* (Non-Executive Chairman)
RP Hume
Group Company Secretary:
TJ Gwebu
INVESTOR RELATIONS
For further information, contact Ilja Graulich at:
Tel: (+27-11) 219-8700, Fax: (+27-11) 482-4641,
e-mail: ilja.graulich@za.drdgold.com,
website: http://www.drdgold.com
Ebsco House 4,
299 Pendoring Avenue,
Blackheath,
Randburg,
South Africa.
PO Box 390,
Maraisburg, 1700,
South Africa.
Date: 30/01/2006 08:00:26 AM Produced by the JSE SENS Department
