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In August 2018 a transaction between DRDGOLD and Sibanye-Stillwater was completed, whereby Sibanye-Stillwater traded selected assets from its WRTRP project (now DRDGOLD Far West Gold Recoveries – FWGR) for a 38.05% shareholding in DRDGOLD. The transaction increased DRDGOLD’s gold Mineral Reserves at the time by ~90%, from 2.99Moz to 5.71Moz.

Ergo Mining (Pty) Ltd (Ergo) (100% DRDGOLD Ltd owned) is a South African gold producer, recovering gold from the retreatment of historic gold mine surface tailings facilities. Ergo operates near Johannesburg, and owns various plants and TSFs in the Central and East Rand:

  • The Ergo plant, and its associated TSFs are located 70km east of Johannesburg in the Gauteng province and is accessed via the N17 Johannesburg-Springs highway, near Benoni and Brakpan
  • The Crown operations are situated on the outskirts of Johannesburg and consist of the City Deep (Germiston), Crown Mines (3Cs) and Knights areas. Access to the Crown Mines is via Xavier Road on the M1 Johannesburg-Kimberley-Bloemfontein highway. Access to City Deep is via the Heidelberg Road on the M2 Johannesburg-Germiston highway. Knights is located at Stanley and Knights Road, Germiston, off the R29 Main Reef Road

FWGR is situated in the West Rand of the Gauteng province, 30km south of Johannesburg in the vicinity of Randfontein, Westonaria, Fochville and Carletonville. The FWGR includes historical TSFs with a total area of 412ha, and includes the Driefontein 1 and 2 gold plants.

DRDGOLD intends to develop the selected assets into a large scale (1.2Mtpm), long life (20 years) operation to reclaim gold through a phased approach. Phase one has already commenced, and the first tailings were pumped from the Driefontein TSF assets in December 2018.


ERGO LOCALITY
ERGO location

FAR WEST GOLD RECOVERIES LOCALITY
Far west Gold Recoveries lolity