6-K 1 drd_blyvoor.htm Page 1
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM 6-K
REPORT OF A FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For November 2009
Commission File Number 0-28800
______________________
DRDGOLD Limited
EBSCO House 4
299 Pendoring Avenue
Blackheath
Randburg, South Africa, 2195
(Address of principal executive offices)
______________________
Indicate by check mark whether the registrant files or will file annual reports under cover of Form
20-F or Form 40-F.
Form 20-F
Form 40-F

Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes
No

If ''Yes'' is marked, indicate below the file number assigned to the registrant in connection with Rule
12g3-2(b): N/A
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Attached to the Registrant Form 6-K filing for the month of November 2009, incorporated
by reference herein:
Exhibit
99.1     Release dated November 9, 2009, entitled “BLYVOORUITZICHT GOLD MINING
COMPANY LIMITED (”BLYVOOR”) RESCUE BID: DRDGOLD TO SEEK JUDICIAL
MANAGEMENT ORDER”.
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
DRDGOLD LIMITED

Date: November 10, 2009
By:  /s/ Themba Gwebu
Name: Themba Gwebu
Title:    Company Secretary
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Exhibit 99.1
DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
ISIN: ZAE 000058723
Issuer code: DUSM
Nasdaq trading symbol: DROOY
(“DRDGOLD” or “the company”)
BLYVOORUITZICHT GOLD MINING COMPANY LIMITED (”BLYVOOR”) RESCUE BID:
DRDGOLD TO SEEK JUDICIAL MANAGEMENT ORDER
DRDGOLD has announced that – in a bid to save its 74%- owned Blyvoor mine from liquidation –
it intends applying to the High Court of South Africa for a judicial management order over the
struggling operation.
DRDGOLD CEO, Niël Pretorius, said today that the application, in terms of the provisions of
Section 427 of the South African Companies Act, had been prompted by Blyvoor’s inability to
continue to sustain losses which had now reached R27 million a month.
“Restructuring at Blyvoor flowing from the recent consultation process in terms of Section 189A of
the Labour Relations Act is not delivering the expected turnaround as rapidly as we had hoped, and
the mine is also finding it very hard to shake off the effects of the recent four-week strike; we now
need a rescue plan that holds real promise of saving Blyvoor from insolvency,” Pretorius said.
“Judicial management is the only appropriate course of action for us to take in the face of the
combined negative impact of circumstances beyond the control of the board of directors and
management.”
These circumstances, which had seen Blyvoor plummet into sustained losses from ‘a period of
handsome profits’ which lasted until April this year, included:
the 16% drop in the average Rand gold price received between 1 April 2009 and 30
September 2009 due to the strengthening of the Rand against the US Dollar;
extensive damage caused during May 2009 to higher-grade underground production areas at
No 5 Shaft by seismic activity, restoration of which is expected to take until March 2010 to
complete;
power utility Eskom’s higher winter tariffs, compounded by a 32% price increase effective
from 1 July 2009, and the likelihood of further increases in coming months; and
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the wage strike by the National Union of Mineworkers, which resulted in the loss of 8 000
ounces of production worth R60 million.
“In terms of a judicial management order, the court appoints a judicial manager who has a wide
range of powers at his/her disposal to take such actions he/she deems necessary to save the
business,” Pretorius said.
These could, for example, include giving certain creditors temporary preference over others and
agreeing compromises with creditors without the risk of committing an act of insolvency and
thereby exposing the mine to liquidation.
DRDGOLD envisaged Blyvoor remaining under judicial management until after access to the
seismicity-damaged, higher-grade areas at No 5 Shaft had been regained, Pretorius said.
“In addition to the R75 million we have committed to saving Blyvoor over the past three months,
we will provide the judicial manager with whatever assistance he/she may require to obtain
additional ‘rescue finance’ from appropriate institutions, such as the Industrial Development
Corporation.”
Randburg
09 November 2009
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