CAPITAL MARKETS

DRD takes stake in Emperor

ROBERT Friedland's Ivanhoe Mines has exited Emperor Mines' share registry and been replaced by Durban Roodepoort Deep in an on-market deal worth around $11 million.

Michael Quinn
DRD takes stake in Emperor

The 1.1 million ounce per year South African miner will hold 13.7% of Emperor - and take two board seats - which is currently expanding its Fijian Vatukoula underground mine to around 180,000oz per annum....

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