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    market news

    DRDGold Considers Uranium Add-On

    Investing News Network
    Aug. 29, 2012 09:41AM PST
    Energy Investing

    Mining Weekly reported DRDGold (NYSE:DRD) is mulling a uranium add-on to its gold recovery plant at Ergo.

    Mining Weekly reported DRDGold (NYSE:DRD) is mulling a uranium add-on to its gold recovery plant at Ergo.

    As quoted in the market news:

    DRDGold CEO Niël Pretorius tells Mining Weekly Online in a video interview (see attached) that the board has also given the company its approval to explore expansion possibilities into other reclamation/recovery domains beyond gold.

    He was speaking after DRDGold reported a 53% increase in operating profit in the year to June 30, off a 36% gold-price increase and spurted R207-million free cash flow.

    Click here to read the full Mining Weekly report. 

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