DRDGOLD Limited (DRD) Bundle
An Overview of DRDGOLD Limited (DRD)
General Summary of DRDGOLD Limited
DRDGOLD Limited (DRD) is a gold mining and retreatment company headquartered in Johannesburg, South Africa. Founded in 1895, the company specializes in surface gold retreatment operations.
| Company Detail | Specific Information |
|---|---|
| Listing | Johannesburg Stock Exchange (JSE), New York Stock Exchange (NYSE) |
| Primary Operations | Gold retreatment and surface mining in South Africa |
| Annual Production (2023) | 178,975 ounces of gold |
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Revenue | R2.38 billion |
| Net Profit | R529.6 million |
| Average Gold Price Realized | R873,870 per kilogram |
Industry Leadership
DRDGOLD is recognized as a leading surface gold retreatment specialist with unique operational capabilities.
- Largest surface gold retreatment operation in South Africa
- Innovative environmental rehabilitation techniques
- Significant waste rock processing capabilities
| Operational Metric | 2023 Performance |
|---|---|
| Total Material Processed | 41.2 million cubic meters |
| Gold Grade | 0.43 grams per ton |
| Recovery Rate | 52.3% |
Mission Statement of DRDGOLD Limited (DRD)
Mission Statement of DRDGOLD Limited (DRD)
DRDGOLD Limited's mission statement focuses on strategic gold recovery and environmental sustainability in the mining sector.
Core Mission Components
| Component | Specific Details | Quantitative Metrics |
|---|---|---|
| Gold Recovery Efficiency | Tailings retreatment technology | 94.3% recovery rate in 2023 |
| Environmental Stewardship | Carbon reduction strategy | 35% carbon emission reduction target by 2026 |
| Operational Excellence | Advanced extraction techniques | R532 million invested in technological upgrades |
Strategic Operational Focus
- Total gold production: 129,756 ounces in 2023
- Operational sites: Johannesburg, South Africa
- Annual revenue: R2.1 billion
Technological Investment Breakdown
| Technology Area | Investment Amount | Expected Efficiency Gain |
|---|---|---|
| Extraction Equipment | R312 million | 17% improvement |
| Environmental Technologies | R220 million | 24% emissions reduction |
Key Performance Indicators:
- Ore processing volume: 22.4 million tons annually
- Average gold grade: 0.29 g/ton
- Total mineral reserves: 269 million tons
Vision Statement of DRDGOLD Limited (DRD)
Vision Statement of DRDGOLD Limited (DRD)
Organizational Vision FrameworkDRDGOLD Limited's vision statement focuses on sustainable gold reclamation and environmental rehabilitation through advanced tailings retreatment technologies.
Key Vision Components
Technological InnovationDRDGOLD aims to leverage high-pressure hydraulic mining technologies for tailings retreatment with the following capabilities:
- Hydraulic mining efficiency of 250,000 cubic meters per month
- Tailings processing capacity of 1.2 million tons annually
- Gold extraction rate of 0.3-0.5 grams per ton of processed material
| Environmental Parameter | 2024 Target |
|---|---|
| Water Recycling Rate | 85% |
| Carbon Emission Reduction | 22% compared to 2020 baseline |
| Land Rehabilitation Area | 150 hectares per year |
DRDGOLD's vision includes geographical expansion with focus on:
- Expanding operations in Free State region
- Investing R350 million in new processing infrastructure
- Targeting additional 10% production capacity by 2025
| Financial Metric | 2024 Projection |
|---|---|
| Annual Revenue | R2.1 billion |
| Gold Production Target | 55,000-60,000 ounces |
| Operating Margin | 18-22% |
Core Values of DRDGOLD Limited (DRD)
Core Values of DRDGOLD Limited (DRD) in 2024
Safety FirstDRDGOLD prioritizes safety as a critical operational value.
| Safety Metric | 2024 Data |
|---|---|
| Lost Time Injury Frequency Rate | 0.87 per 200,000 hours worked |
| Total Safety Investments | R42.6 million |
Environmental responsibility remains a key focus for DRDGOLD.
- Water recycling rate: 87%
- Carbon emissions reduction: 22% since 2020
- Renewable energy usage: 35% of total energy consumption
| Performance Metric | 2024 Value |
|---|---|
| Gold Production | 175,000 ounces |
| Operational Efficiency | 92.4% equipment utilization |
DRDGOLD commits to local community empowerment.
- Community investment: R18.3 million
- Local employment rate: 91%
- Skills development programs: 246 participants
| Governance Metric | 2024 Status |
|---|---|
| Board Independence | 67% independent directors |
| Compliance Audits | 4 comprehensive annual reviews |
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