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DRDGOLD Ltd (DRD)

DRD on New York Consolidated

8.38USD
27 Jul 2016
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Latest Key Developments (Source: Significant Developments)

DRDGOLD Ltd - S.Africa court to decide on silicosis class action against gold sector - Reuters
Sunday, 11 Oct 2015 08:00pm EDT 

DRDGOLD Ltd:A South African court on Monday began two weeks of hearings to determine if gold miners suffering from debilitating lung diseases they say they contracted at work can proceed with a class action lawsuit against the industry - RTRS.The industry is opposed to the lawsuit proceeding as a class action, which would enable plaintiffs to join forces as a "class" as opposed to thousands of individual cases - RTRS.Working deep underground for years without proper protection, countless South African miners inhaled silica dust from gold-bearing rocks and later contracted silicosis - RTRS.A disease which causes shortness of breath, a persistent cough and chest pains, it makes people highly susceptible to tuberculosis, which kills - RTRS."If the court certifies the class, the lawsuit will proceed as the largest ever class action law-suit in the coun-try and on the continent," the Legal Resources Centre, a human rights group which has joined the case, said in a statement on Monday - RTRS.Attorney Richard Spoor, whose legal battle against a South African asbestos-mining company led to a $100 million settlement in 2003, told Reuters he had signed up more than 30,000 former miners and their dependants for the lawsuit - RTRS.Another law firm, Abra-hams Kiewitz, has also joined the suit, which targets AngloGold Ashanti, Harmony Gold, Sibanye Gold, Gold Fields, Anglo American, DRDGold, & African Rainbow Minerals - RTRS.  Full Article

DrdGold Ltd declares final dividend
Thursday, 3 Sep 2015 02:24am EDT 

DrdGold Ltd:Says that it has declared a final dividend of 10 South African cents per share for the year ended June 30, 2015.  Full Article

DrdGold Ltd gives H1 2015 production and operating profit outlook
Wednesday, 21 Jan 2015 06:30am EST 

DrdGold Ltd:Expects an increase in gold production of the order of 6 pct for H1 2015 compared with H1 2014.Says operating profit for H1 2015 is likely to be around 5 pct higher, in line with the increase in gold production for the same period.  Full Article

DrdGold Ltd appoints Chief Financial Officer
Friday, 12 Dec 2014 05:00am EST 

DrdGold Ltd:Says that Riaan Davel has accepted the post of Chief Financial Officer with effect from Jan. 1, 2015.Riaan Davel will replace Anthon Meyer who was appointed acting CFO in July 2014, pending the appointment of a permanent CFO.  Full Article

DrdGold Ltd declares final dividend
Tuesday, 2 Sep 2014 02:00am EDT 

DrdGold Ltd:Declares a final dividend of 2 South African (SA) cents per ordinary share for the year ended June 30.Record date Nov. 14.Payment date Nov. 17.  Full Article