12/03/2018 | Press release | Distributed by Public on 12/03/2018 03:35
3 December 2018
DRD: DRDGOLD LIMITED - Far West Gold Recoveries, phase 1: early-stage commissioning in progress
DRD: DRDGOLD LIMITED - Far West Gold Recoveries, phase 1: early-stage commissioning in progress Far West Gold Recoveries, phase 1: early-stage commissioning in progress DRDGOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1895/000926/06) JSE share code: DRD ISIN: ZAE000058723 NYSE trading symbol: DRD ('DRDGOLD' or the 'Company') FAR WEST GOLD RECOVERIES, PHASE 1: EARLY-STAGE COMMISSIONING IN PROGRESS DRDGOLD is pleased to advise shareholders that the commissioning of the Far West Gold Recoveries project, previously the West Rand Tailings Retreatment Project is set to start on 6 December 2018 with the pumping of reclaimed tailings into the carbon-in-leach circuit, just four months into the construction of Phase 1. Far West Gold Recoveries was acquired from Sibanye Gold Limited, trading as Sibanye-Stillwater, at the end of July 2018. DRDGOLD´s CEO, Niël Pretorius, commented: 'The project is on track to achieve full production of 500 000tpm from Phase 1 in the first quarter of 2019.' As part of early-stage commissioning, face has been established at the Driefontein 5 tailings dam reclamation site, from which pumping of reclaimed tailings through a new 2km pipeline to the Driefontein 2 plant is set to begin. A parallel pipeline to return water from the plant to the reclamation site has been completed. Work to upgrade the plant´s retreatment capacity is well advanced, with carbon loading - also part of the overall commissioning process - set to begin immediately. An 8km pipeline to transport retreated tailings from the plant for cyclone deposition on the Driefontein 4 tailings dam and a parallel return water pipeline from the deposition site to the plant have also been completed. Johannesburg 3 December 2018 Sponsor One Capital Date: 03/12/2018 11:22:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.