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Drdgold
Gold in Roodepoort

www.drd.co.za
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Remember you found this company at Infoisinfo +27 82 892 805?

Address

Building 1 50 Constantia Boulevard Constantia Kloof Ext 28. Roodepoort. Gauteng. 1709
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What you should know about Drdgold

Management in Roodepoort, Mining in Roodepoort

DRDGOLD Limited has reported a 53% increase in operating profit to R622.2 million from its continuing Ergo operation for the year to 30 June 2012, leading to a 259% increase in headline earnings per share from continuing operations to 61 South African cents.

All operations are consolidated into one operating entity, Ergo Mining Proprietary Limited (Ergo). The agreement provided Khumo with an 8.1% interest and the Trust with a 2.4% interest in DRDGOLD. The directors are fully aware that they are the custodians of corporate governance in the organisation and this is reflected in the way they execute their fiduciary duties, which is with diligence, integrity and honour. DRDGOLD’s board of directors continues to ensure that the principles of good corporate governance as recognised and practised throughout the world are upheld and implemented. All the directors are fully aware that they are the custodians of corporate governance in the organisation and this is reflected in the way they execute their fiduciary duties, which is with diligence, integrity and honour. An employee wellness programme has also been implemented providing employees with 24/7 access to a free information and counselling service. DRDGOLD considers its human capital as its most important asset and key to the sustainability of the business in the longer term. More information on governance can be found in the Governance report of the Integrated Report King III is a codified body of principles which is intended to serve as a guideline for the enhancement of high standards of corporate governance. DRDGOLD has in place the systems and controls to promote discipline, transparency, accountability, responsibility and fairness for the protection of the interests of shareholders, employees and the communities in which it operates. DRDGOLD has a proud history and its undisputed 19th century origins can be traced back to the frenzied prospecting and business activities that followed the discovery of gold in Johannesburg in the mid-1880s. Achieving this requires bold decisions, such as our decision to dispose of our last underground assets, thereby allowing us to focus on surface gold reclamation. We conduct our business to be profitable, but more importantly, to create value in the longer-term. We aim to add economic value over a sustained period, rather than a hit-and-run approach, which could potentially enrich fewer people for a shorter period. We seek to achieve this by using integrated thinking in our decisions to deploy resources and capital. We actively seek synergies between the financial, human, social, natural and manufactured aspects of our business as we create value for all our stakeholders in the short-, medium-, and longer-term. We generate cash (financial capital) through the sale of our product (doré bars) and we use this to develop our people (human capital) and our infrastructure (manufactured capital) as well as to reward our providers of capital (shareholders). By developing our people, we ensure that our workforce is trained and motivated to reach production targets, to ensure extraction efficiencies and to maintain and develop our technology and infrastructure. We have invested in innovative technology and implemented projects to address extraction efficiencies, energy saving and the use of potable water (natural capital) which results in cost savings (financial capital) and an improved environmental footprint. We communicate with and invest in our communities (social capital) and address the issues that are of concern to them. We do this partly because these neighbourhoods accommodate our workforce, but also because it is the right thing to do.
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