DRDGold Limited

Johannesburg, South Africa

DRDGold is one of South Africa's most significant gold mining companies, primarily focusing on the extraction of gold from tailings. The company operates mainly in the Witwatersrand region where it processes gold-bearing material to maximize production and minimize environmental impact.

CCI Score

15.28

April 18

Latest Event

DRDGOLD Self-Assessment for Responsible Gold Mining Principles

DRDGOLD has initiated a self-assessment process to align its operations with the World Gold Council's Responsible Gold Mining Principles. The company aims to evaluate and enhance its internal systems and processes, ensuring transparency and accountability in its ESG practices, with an independent assurance report planned for 2026.

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SABOTEUR

DRDGold Limited is currently rated as a Saboteur.

+10 to +24 CCI Score

Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

JUN

28

2024

DRDGOLD Self-Assessment for Responsible Gold Mining Principles
55.35

DRDGOLD has initiated a self-assessment process to align its operations with the World Gold Council's Responsible Gold Mining Principles. The company aims to evaluate and enhance its internal systems and processes, ensuring transparency and accountability in its ESG practices, with an independent assurance report planned for 2026.
+60

Business Practices and Ethical Responsibility

April 18

DRDGOLD's move to conduct a self-assessment using the Responsible Gold Mining Principles demonstrates a commitment to responsible business practices. This proactive approach to ESG transparency and the planned independent assurance review are positive steps toward ethical governance and accountability, thereby reducing the risk of corporate complicity in exploitative practices.

DRDGOLD assessing its alignment with Responsible Gold Mining Principles
JAN

01

2024

DRDGold Accused of Procedurally Unfair Retrenchment Process
-52.70

Trade union Solidarity has accused DRDGold of a 'skewed' application of the Labour Relations Act, claiming that the company failed to properly consult with affected workers in its Section 189 retrenchment process at the Blyvoor mine.
-60

Labor Relations and Human Rights Practices

April 18

The article details that trade union Solidarity alleges DRDGold did not follow the legally mandated consultation process for retrenchments, a key violation of fair labor practices. This procedural unfairness diminishes worker rights and fosters an environment that undermines equitable labor relations, reflecting negatively in the anti-fascist framework.

DRDGold accused of 'skewed' labour law
DEC

01

2023

DRDGOLD Sustainable Mining and Community Development Initiative
67.49

DRDGOLD Limited has made a strategic shift towards sustainable mining by diversifying into the recovery of battery metals and PGMs, incorporating advanced automated processes and renewable energy projects. The company has also invested heavily in community development and socio-economic programs, aligning its operations with circular economy principles and reducing environmental impact.
+80

Business Practices and Ethical Responsibility

April 18

DRDGOLD's transition to sustainable practices, including multi-commodity reprocessing, investment in green energy, and significant community development initiatives, demonstrates a strong commitment to ethical business practices that benefit marginalized communities and the environment.

DRDGold Pioneers Sustainable Mining Revolution in South Africa
+75

Technology and Services Impact

April 18

DRDGOLD's adoption of advanced automated mining technology and implementation of renewable energy projects showcases its commitment to reducing environmental impact and enhancing operational efficiency, reflecting a positive technological advancement that aligns with sustainable practices.

DRDGold Pioneers Sustainable Mining Revolution in South Africa
OCT

02

2023

DRDGold Declines Lung Disease Class Action Settlement
-42.83

DRDGold chose not to join a R5bn out-of-court settlement aimed at compensating gold mineworkers suffering from lung ailments, setting the stage for prolonged litigation and raising concerns over its commitment to worker rights.
-50

Labor Relations and Human Rights Practices

April 18

By opting out of a significant class action settlement intended to compensate gold mineworkers affected by lung diseases, DRDGold appears to neglect its responsibility to uphold labor rights. This decision may undermine efforts to secure fair treatment and compensation for affected workers, signaling a negative stance on ethical labor practices.

DRDGold opts out of lung disease class action settlement
MAR

31

2023

DRDGold CEO Criticizes State Electricity Monopoly
32.57

DRDGold CEO Niël Pretorius publicly lambasted the government's electricity monopoly and inefficiencies at state owned entities like Eskom and Transnet. He pointed out the corruption and neglect hindering the transition to reliable renewable power, and noted the company's progress on its own solar plant to mitigate power supply risks.
+40

Executive Political Engagement

April 18

The CEO's outspoken criticism of the state's monopolistic control over electricity and his call for decentralization indicate an instance of active executive political engagement. His stance challenges centralized, inefficient state practices and aligns with a push towards diversified and more accountable energy generation, reflecting a positive anti-authoritarian inclination.

DRDGold CEO lambastes SA's power supply tardiness
JAN

01

2023

DRDGold CEO Criticizes State-Owned Power Monopoly
31.79

DRDGold CEO Niël Pretorius publicly condemned the inefficiencies of state-owned power entities such as Eskom and Transnet, alleging that neglect, corruption, and elements within the ruling party are obstructing efforts to decentralise and privatise electricity supply in South Africa.
+40

Executive Political Engagement

April 18

The CEO’s public denunciation of state-controlled electricity provision highlights his willingness to engage in executive political activity that challenges established monopolies and calls for greater decentralisation and accountability. This act supports progressive anti-corruption and decentralisation efforts, although it may also align with corporate interests in regulatory change.

DRDGold CEO lambastes SA’s power supply tardiness