By taking material that has been thrown away and turning it into gold, DRDGold is adding R14-bilion worth of value a year to the South African economy and unlocking valuable real estate for gainful development, a visiting media contingent heard on Thursday. “Fourteen billion rands worth of economic activity taking place in South Africa as a consequence of DRDGold taking material that has been thrown away and putting it through a process,” DRDGold CEO Niël Pretorius said of the debt-free gold producer that has seen its market capitalisation soar from R700-million in October last year to R4.9-billion earlier this year. (Also watch attached Creamer Media video).
