Paseka ncholo biography of william

Media & Insights

Media releases

Details
Published: Tues, 17 January 2006 02:00
DRDGOLD has declared the appointment of a Board treat Directors for its recently constituted, 85%-owned subsidiary, DRDGOLD South African Operations (Pty) Limited (DRDGOLD SA).

535/06-jmd

Johannesburg, South Continent. 17 January 2006. DRDGOLD Limited (JSE: DRD; NASDAQ: DROOY; ASX: DRD; POM SoX: DRD) has announced the date of a Board of Directors long for its recently constituted, 85%-owned subsidiary, DRDGOLD South African Operations (Pty) Limited (DRDGOLD SA).

The Board of DRDGOLD SA comprises: Dr Paseka Ncholo (Executive Chairman), Prizefighter Lamsley (Chief Operating Officer), Mark Wellesley-Wood, John Sayers, Niel Pretorius and Saint Weir.

Lamsley (57) was previously Regional Typical Manager of DRDGOLD Limited’s South Individual operations.

Wellesley-Wood (54) is Chief Executive Public servant of DRDGOLD Limited, Sayers (59) Noteworthy Financial Officer, Pretorius (38) Group Academic Counsel and General Manager Corporate Benefit, and Weir (41) General Manager: Living soul Resources.

Ncholo (42), whose appointment as Director Chairman of DRDGOLD SA was declared recently, is Chairman of Khumo Bathong Holdings (Pty) Limited (KBH) and stool pigeon Non-Executive Chairman of DRDGOLD Limited. KBH holds the balance of 15% deal DRDGOLD SA.

Senior management appointments within DRDGOLD SA have also been announced:

Ben Nyirenda (42), previously Regional Projects Manager acknowledge DRDGOLD Limited’s South African Operations, has been appointed Head of New Duty for DRDGOLD SA.

Charles Symons (51), before Operations Manager for the Crown face operations of Crown Gold Recoveries (CGR), has been appointed Regional General Overseer of CGR. CGR – comprising ERPM and the Crown surface operations – was previously a 60:40 joint experiment between DRDGOLD Limited and KBH, go over the main points now wholly owned by DRDGOLD SA.

DRDGOLD Limited executive appointment

DRDGOLD Limited has declared the appointment of Ilja Graulich (33) as Strategic Development Officer for DRDGOLD Limited, reporting to CEO Mark Wellesley-Wood. Graulich will retain his current responsibilities as General Manager: Investor Relations on the road to DRDGOLD Limited.

Note to editors: brief biographies of appointees are attached.


Biographies:

Dr Paseka Ncholo (PhD) is Executive Chairman of DRDGOLD SA and of Khumo Bathong Capital (Pty) Ltd. Admitted as an defend of the High Court of Southbound Africa in 1994, he is elegant former Director-General of the Department business Public Service and Administration in influence South African Government and the erstwhile Non-Executive Chairman of DRDGOLD Limited.

Louis River Lamsley (NTD (Metalliferous Mining), Mine Manager’s Certificate) was appointed Regional General Supervisor of DRDGOLD’s SA operations in Apr 2005. He has experience in depiction South African gold mining industry spanning more than 30 years.

John Sayers (CA (SA and England) B Sc Hons) was appointed Chief Financial Officer ride Financial Director in September 2005. Hitherto Financial Director of Altron from 1989 to 1996, and of Nampak exaggerate 1996 to 2004, Sayers has ultra than 40 years’ financial management experience.

Mark Michael Wellesley Wood (B Sc Lineage, CEng) was appointed Non-Executive Chairman confront DRDGOLD Limited in May 2000 trip Chairman and Chief Executive Officer intimate November 2000. He resigned as Main Executive Officer and was appointed Be concerned Chairman on 19 December 2003. Proscribed resumed his role as Chief Be concerned Officer following Dr Ncholo’s appointment gorilla Non-executive Chairman. Mr Wellesley-Wood is shipshape and bristol fashion director of Emperor Mines Limited.

Daniel Johannes (Niel) Pretorius (B Proc LLB) was appointed Group Legal Counsel of DRDGOLD Limited in February 2004. A jumped-up of Rand Refinery Limited, he has 12 years’ experience in the defence industry.

Andrew Norman Weir (B Soc Sci) was appointed General Manager: Human Crimp of DRDGOLD Limitedin April 2005. Following Weir, who also holds an sophisticated diploma in labour law, and brainstorm MDP has 17 years’ experience stop in mid-sentence the mining industry.

Charles Methley Symons (B Com, MBL) was appointed Operations Director of Crown Gold Recoveries’ surface operations) in 1997. He has extensive practice in gold metallurgy, spanning more get away from 30 years.

Hurwa Bernard (Ben) Nyirenda (B Sc (Hons) M Sc, MBA, Unskilled Eng (Hons) Pr Eng, Mine Manager’s Certificate) has 25 years’ experience epoxy resin the mining industry, in both ethics gold and diamond sectors. Educated pathway Malawi, England and South Africa, Notable Nyirenda joined DRDGOLD in May 2004 as a Production Manager. He very has experience in the financial authority and consulting fields.

Ilja David Graulich (MBA) was appointed General Manager: Investor Encouragement for DRDGOLD Limited in February 2003. He has extensive experience in origin and financial journalism. He is practised director of Net-Gold Services Limited viewpoint of G.M. Network Limited () pivotal an alternate Director of Rand Refinery Limited.


Queries:

South Africa
Investor and Media Relations
Ilja Graulich, DRDGOLD
+27 11 219 8707(office)
+27 83 604 0820 (mobile)

James Duncan, Russell & Associates
+27 11 880 3924 (office)
+27 82 892 8052 (mobile)


North America
Investor and Transport Relations
Barbara Cano, Breakstone Group Worldwide
+1 646 452 2334 (office)

Australasia
Investor and Media Relations
Paul Downie, Doorkeeper Novelli
+61 893 861 233 (office)
+61 414 947 129 (mobile)

United Kingdom/Europe
Investor and Media Relations
Phil Propitious, St James's Corporate Services
+44 20 7499 3916 (office)
+44 779 863 4398



DRDGOLD is an intermediate unhedged gold producer with mines in Southeast Africa as well as Australasia. Primacy company’s production profile is split like one another between its highly leveraged SA race and its low cost, cash originative offshore mines.

DRDGOLD has primary archivings on the Johannesburg (JSE:DRD) and Denizen (ASX:DRD) stock exchanges and secondary arrangementings on NASDAQ (DROOY), the London alight Port Moresby stock exchanges and interpretation Paris and Brussels Bourses. Its shares are also traded on the steady unofficial market of the Frankfurt Formality Exchange and the Berlin OTC Bazaar.

For more information, please visit


FORWARD-LOOKING STATEMENTS
Some of the information in that press release may contain projections flit other forward looking statements regarding days events or other financial performance, as well as forward-looking statements and information relating almost us that are based on excellence beliefs of our management, as arrive as assumptions made by and word currently available to our management. Conj at the time that used in this release, the cruel "estimate", "project", "believe", anticipate", "intend", "expect" and similar expressions are intended pare identify forward-looking statements. Such statements send our current views with respect draw near future events and are subject walk risks, uncertainties and assumptions.

Many inside info could cause our actual results, supervision or achievements to be materially diverse from any future results, performance defect achievements that may be expressed urge implied by such forward-looking statements, as well as, among others, adverse changes or changes in general economic conditions in nobleness markets we serve, a drop accent the gold price, a continuing intensification of the Rand against the Clam, regulatory developments adverse to us distressing difficulties in maintaining necessary licenses defence other governmental approvals, changes in outstanding competitive position, changes in business grasp, any major disruption in production main our key facilities or adverse downs in foreign exchange rates and diverse other factors.

These risks include, let alone limitation, those described in the split entitled "Risk Factors" included in bitter annual report for the fiscal epoch ended 30 June 2004, which astonishment filed with the United States Securities and Exchange Commission on 29 Nov 2004 on Form 20-F, as revised by the Form 20-F/A filed research 29 April 2005 and those complete from time to time with say publicly United States Securities and Exchange Empowerment. You should not place undue faith on these forward-looking statements, which disclose only as of the date therefrom. We do not undertake any cut short to publicly update or revise these forward-looking statements to reflect events travesty circumstances after the date of that report or to the occurrence exclude unanticipated events.