DRDGOLD Limited

Ticker: DRD
Current Price: $22.89
% Daily Change: -2.18%
Volume (1,000s): 157.38
Average Volume (1,000s): 328.66
Market Cap (M): $1,978.07
1/2/2024 Price: $8.89
Change Since Inception: 157.48%
Contact Information

Constantia Office Park
Ground Floor Cnr 14th Ave & Hendrik Potgieter Rd Cycad House, Bldg 17, Weltevreden Park
Johannesburg, 1709
South Africa

About DRDGOLD Limited

Headquartered in Johannesburg, South Africa, DRDGOLD Limited (NYSE: DRD) is a pioneer in recovering gold from surface mine tailings. Founded in 1895, this subsidiary of Sibanye-Stillwater has transitioned from traditional deep-level mining to a specialized recycling operation. By retreating historic waste dumps, the company extracts gold and silver bullion while reclaiming toxic land for redevelopment.

The company operates through two primary divisions: Ergo on the East Rand and Far West Gold Recoveries (FWGR) on the West Rand. Through these segments, DRDGOLD processes millions of tonnes of waste monthly. This specialized process uses high-pressure water monitors to slurry old dumps and carbon-in-pulp technology to extract metal, completely bypassing the risks of underground shaft mining.

At a time when competitors are digging miles into the earth, DRDGOLD is spending billions to not dig a single new hole. In July 2026, the firm hit a major milestone in its Vision 2028 expansion when its newly upgraded Driefontein 2 (DP2) plant poured its first gold. This represents a critical step in a R10-billion self-funded project to scale monthly processing throughput to three million tonnes. Supported by a debt-free balance sheet and strong gold prices, DRDGOLD is proving that turning old waste dumps into new ounces is both highly profitable and environmentally transformative.

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