DRD - DRDGOLD - Military Presence At Vatukoula Min
DRD
DRDD
DRD - DRDGOLD - Military Presence At Vatukoula Mine
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
ARBN 086 277 616
JSE trading symbol: DRD
ISIN Code: ZAE000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
("DRDGOLD" or "the Company")
MILITARY PRESENCE AT VATUKOULA MINE
DRDGOLD draws attention to an announcement by Emperor Mines Limited ("Emperor")
this morning that over the weekend of 7/8 January 2007, members of the military
forces of Fiji, claiming to be acting under orders from senior commanders in
Suva, entered parts of the Vatukoula gold mine, operated by Emperor Gold Mining
Company, a subsidiary of Emperor.
Employees reported that soldiers arrived at the mine just before 9:00pm and
after identifying themselves and demanding keys, entered company property and
occupied parts of the mine complex, claiming they were under orders to secure
the mine. Management of the mine have said they are today attempting to contact
the military leadership in Suva requesting an explanation for these events.
However, Emperor reported that the situation was calm and there has been no
aggression. All staff and employees of Vatukoula Mine have been advised not to
attend work until the situation has been clarified.
DRDGOLD, through its wholly owned subsidiary, DRD (Offshore) Limited, holds
78.72% of the issued shares of Emperor which is listed on the Australian Stock
Exchange. Emperor owns 20% of the Porgera Joint Venture which is operated by the
majority shareholder Barrick Gold Corporation.
09 January 2007
Johannesburg
Date: 09/01/2007 11:30:01 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.