DRDGOLD LTD
No SEC Form 4 filings for $DRD in the last 30 days.
DRDGold says it is awaiting South African government approvals for water use licences and “beneficial occupation” for its RTSF tailings dam to complete its Vision 2028 R10bn expansion. RTSF is needed before summer rains to start commissioning. Analysts at HC Wainwright cite permit delays as key execution risk; Hannam & Partners cut its target to R76 from R79. DRDGold guided 140,000-150,000 oz for gold.
DRDGold said it is awaiting South African government approvals for water use licences and for beneficial occupation of the RTSF tailings dam to complete its Vision 2028 R10bn expansion. The RTSF project near Carletonville is linked to increased processing capacity at Far West Gold Recoveries. Analysts at HC Wainwright and Hannam & Partners cited permit delays and adjusted targets, with DRDGold guiding 140,000 to 150,000 oz gold and a year-end catalyst due in August.
DRDGold said it is awaiting multiple permits, including two water use licences and government approval for “beneficial occupation” of the RTSF tailings dam, before completing its Vision 2028 R10bn expansion. The plan targets 25% higher annual gold output to 200,000 oz. Analysts at HC Wainwright and Hannam & Partners cite execution and permit delays; Hannam cut its target to R76 from R79.
Over the past 7 days, alphai's AI scored 1 news story mentioning DRD (DRDGOLD LTD). Coverage has skewed bearish: 0 bullish, 0 neutral, and 1 bearish.
Permitting and weather-driven commissioning timing are the key near-term risk to Vision 2028 execution and 2027-2029 production ramp.
Permitting and weather-driven commissioning timing are the key near-term risk to DRDGold’s Vision 2028 production ramp and 2027-2029 output expectations.
Permitting and commissioning timing risk is the key near-term driver for DRDGold’s 2027-2029 production profile and cash generation path.
DRDGOLD’s CFO said the timing of the company’s R10bn Vision 2028 expansion is favorable as DRDGOLD’s market cap rose to about R30bn from R13bn in 2024 and the gold price moved to about R2.1m/kg from R1.2m/kg. DRDGOLD has spent just over R5bn and plans further capital through FY2029, including RTSF (R3.4bn) and DP2 (R1.9bn).
Capex commitment supports a longer-duration growth narrative in gold retreatment, but the piece provides no financial guidance or timeline beyond project rollout.
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DRDGold says it is awaiting South African government approvals for water use licences and “beneficial occupation” for its RTSF tailings dam to complete its Vision 2028 R10bn expansion. RTSF is needed before summer rains to start commissioning. Analysts at HC Wainwright cite permit delays as key execution risk; Hannam & Partners cut its target to R76 from R79. DRDGold guided 140,000-150,000 oz for gold.
6 min readDRDGold said it is awaiting South African government approvals for water use licences and for beneficial occupation of the RTSF tailings dam to complete its Vision 2028 R10bn expansion. The RTSF project near Carletonville is linked to increased processing capacity at Far West Gold Recoveries. Analysts at HC Wainwright and Hannam & Partners cited permit delays and adjusted targets, with DRDGold guiding 140,000 to 150,000 oz gold and a year-end catalyst due in August.
4 min readDRDGold said it is awaiting multiple permits, including two water use licences and government approval for “beneficial occupation” of the RTSF tailings dam, before completing its Vision 2028 R10bn expansion. The plan targets 25% higher annual gold output to 200,000 oz. Analysts at HC Wainwright and Hannam & Partners cite execution and permit delays; Hannam cut its target to R76 from R79.
7 min readDRDGOLD’s CFO said the timing of the company’s R10bn Vision 2028 expansion is favorable as DRDGOLD’s market cap rose to about R30bn from R13bn in 2024 and the gold price moved to about R2.1m/kg from R1.2m/kg. DRDGOLD has spent just over R5bn and plans further capital through FY2029, including RTSF (R3.4bn) and DP2 (R1.9bn).
7 min readIn a radio interview, Engineering News editor Martin Creamer says DRDGOLD will spend about R10 billion on five gold-from-waste projects, including sites at Ergo and on the Far West Rand. He also cites Sibanye-Stillwater’s R964 million capital plan for the K4 platinum group metals shaft at Marikana, adding 48 years of mine life. Mintek is also highlighted for expanded mineral research.
6 min readA US company, Alcoa, agreed to buy Hillside Aluminium Smelter in KwaZulu-Natal and acquire South32’s aluminium assets in South Africa, Australia and Brazil, aiming to focus on aluminium. Separately, South Africa’s DRDGOLD plans to spend R8bn to grow its gold-from-mine-waste business by 40%, targeting 6 tonnes of gold by 2028.
4 min readDRDGOLD Limited (NYSE:DRD) experienced a 20.9% decline in short interest during December, totaling 493,968 shares by month-end, representing about 0.6% of its shares outstanding. The stock traded up 1.0% to $36.23 on Friday, nearing its one-year high, with analysts maintaining a "Moderate Buy" consensus rating and a $36.25 target price. Institutional investors have actively traded DRD shares, with significant new positions and increased holdings reported by various hedge funds.
4 min readDRDGOLD's debt-free growth and Gold Fields' global expansion reveal two divergent paths to gold-sector strength and sustainability.
4 min readDRD's improved gold recovery yield lifted production and earnings in Q1 FY2026, showcasing its operational strength amid rising costs.
3 min readU.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 200 points during the session as Wall Street shrugged off credit concerns that battered bank stocks recently. Wall Street analysts make new stock picks on a daily basis.
3 min read
