CAPITAL MARKETS

DRD puts mines on notice

SOUTH Africa’s trouble-prone DRDgold, the old Durban Roodepoort Deeps, has lurched into its next crisis with the announcement of plans to mothball all of the mines in the North West Province if they fail to meet financial targets.

Tim Treadgold
DRD puts mines on notice

DRD, like all South African miners, has been hit hard by the rising value of the country’s currency, the rand. The company said in a statement that it was acutely aware of the issues and if mines failed...

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