Established in 1895 as Durban Roodepoort Deep, Limited to exploit the world’s richest known gold deposit, South Africa’s Witwatersrand Basin, DRDGOLD Limited has withstood the test of time and numerous challenges to its survival. Renamed in 2004 to reflect its gold focus, DRDGOLD has come to be characterised by dynamism, drive and an independent spirit that has seen it become a significant owner, operator and investor in gold mines in Australasia as well as South Africa. DRDGOLD remains firmly based in South Africa, recently signing a Memorandum of Understanding (MOU) regarding a second Black Economic Empowerment (BEE) transaction with its BEE partner of three years, Khumo Bathong Holdings (Pty) Limited (KBH). In terms of this, KBH will acquire 15% of DRDGOLD’s South African interests, and an option to lead a broad based BEE consortium in the acquisition of a further 11%.