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Mining Capital

DRDGOLD's reserves to nearly double following Sibanye-Stillwater acquisition

Niel Pretorius, chief executive of DRDGOLD Limited, discusses with Proactive's Andrew Scott the proposed deal with Sibanye-Stillwater.

Towards the end of last year DRDGOLD announced its intention to acquire some of the assets at Sibanye-Stillwater’s West Rand Tailings Retreatment Project for about 38 percent of DRDGold - there's also the option for them to up their stake to just over 50% after 24 months.

Pretorius says move would see a boost of around 92 percent to their gold reserves.


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