DRDGOLD Limited

DRDGOLD Limited is a gold mining company that specializes in the retreatment of surface mine tailings in South Africa. The company extracts gold from these tailings, which are waste materials from past mining operations. It also sells silver bullion as a by-product. Beyond mining, DRDGOLD provides care and maintenance services for its properties. The company's portfolio includes renewable power generation, employee home loans, and the operation of a training center. Originally founded as Durban Roodepoort Deep Limited in 1895, it rebranded to DRDGOLD in 2004. The company is headquartered in Johannesburg, South Africa, and is a subsidiary of Sibanye Gold Limited.

DRDGOLD Limited is listed on the New York Stock Exchange (NYSE) under the ticker symbol DRD. Its shares trade in US Dollars (USD). The company is based in South Africa, but its listing on the NYSE allows international investors to trade its stock in US currency. This dual presence reflects its global investor base while its operations remain primarily in South Africa.

DRDGOLD operates in the Basic Materials sector, specifically within the Gold industry. This classification means the company is involved in the extraction and production of gold, which is a precious metal used in jewelry, investment, and industrial applications. As a gold mining company, DRDGOLD's performance is closely tied to gold prices and mining costs. Its focus on retreatment of tailings differentiates it from traditional underground or open-pit gold miners, as it processes waste material to recover gold.

DRDGOLD Limited is headquartered in Johannesburg, South Africa. The company's operations are entirely focused on the retreatment of surface mine tailings in South Africa, meaning it serves the South African gold mining market. It does not have operations in other countries. The company's gold and silver bullion are sold globally, but its extraction activities are confined to South African sites. As a subsidiary of Sibanye Gold Limited, it is part of a larger South African mining group.

DRDGOLD generates revenue primarily by extracting gold from surface mine tailings in South Africa. It processes these tailings to recover gold, which it then sells as bullion. The company also sells silver bullion as a secondary product. In addition to mining, DRDGOLD earns income from providing care and maintenance services for its properties. Its portfolio includes renewable power generation, which may contribute to cost savings or additional revenue. The company also offers employee home loans and operates a training center, though these are likely ancillary services. Overall, its core business is gold recovery from tailings, with diversification into related services.