Fundamental Review for DRDGOLD Ltd.

0 Comments | M2 Presswire, December, 2006

M2 PRESSWIRE-11 December 2006-Small Cap News: Fundamental Review for DRDGOLD Ltd.(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:11122006 DRDGOLD, (NASDAQ:DROOY) formerly Durban Roodepoort Deep, roots deep for profits. The gold mining and refining company has been mining west of Johannesburg since 1895.

DRDGOLD produces about 400,000 ounces of gold annually, and it has more than 5 million ounces in ore reserves. It pursues ultra-deep mining at depths of almost 2.5 miles. DRDGOLD focuses on three main projects in South Africa: the Blyvoor Section, the ERPM Section, and the Crown Section. Recent growth for the company has come through its operations in Papua New Guinea, where it owns the Tolukuma gold mine and has a 20 joint venture stake in the Porgera mine. DRDGOLD...

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