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GROWTH STRATEGY: DRDGold bets R10bn on bigger tailings business as Vision 2028 reaches critical construction milestones

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# DRDGold Invests R10 Billion in Tailings Expansion Under Vision 2028 Strategy

DRDGold is investing R10 billion in a major expansion of its tailings retreatment business as part of its Vision 2028 strategic plan. Rather than pursuing traditional gold mining through new excavation, the company is scaling up operations focused on extracting gold from historical mine dumps and tailings, a process it has refined over several decades. The project has reached critical construction milestones as the capital investment programme progresses.

The Vision 2028 initiative represents a significant commitment to DRDGold's core competency in tailings retreatment. This approach involves processing existing mine waste to recover additional gold that was not extracted during initial mining operations. By expanding this business segment rather than opening new mines, DRDGold is pursuing what appears to be a more sustainable and efficient growth strategy within the South African mining sector.

The substantial capital allocation underscores the company's confidence in the profitability and scalability of tailings operations. With construction milestones being reached, DRDGold is advancing toward increased production capacity that the Vision 2028 plan is designed to deliver by 2028.

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Read the full story at the source Daily Maverick (ZA) · ZA