| Business Summary | | Durban
Roodepoort
Deep,
Limited
is
an
independent
South
African-based
gold
mining
company
established
in
1895.
Gold
is
the
Company's
main
product
and
its
principal
activities
are
deep-level
gold
mining
and
surface
retreatment.
At
June
30,
2000
(year-end),
the
Company's
business
had
a
resource
base
of
1.3
billion
tonnes
containing
91
million
ounces
of
gold
and
reserves
of
210
million
tonnes
containing
15.9
million
ounces
of
proved
and
probable
gold.
Underground
reserves
comprise
12.6
million
ounces
of
gold.
The
Company's
current
annual
production
is
1.1
million
ounces.
The
Company's
mining
operations
are
conducted
in
the
following
Sections:
Blyvoor,
Buffels,
Crown,
Durban
Deep,
Harties,
West
Wits,
and
Dome. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Durban
Roodepoort
Deep
Ltd.
is
a
gold
exploration
and
mining
company
which
has
mines
located
throughout
southern
Africa
as
well
as
Australia.
The
company
extracts
gold
and
refines
it
into
bullion.
For
the
fiscal
year
ended
6/30/00,
revenues
increased
11%
to
$177.7
million.
Net
loss
applicable
to
Comm.
fell
53%
to
$11
million.
Revenues
reflect
increased
gold
production
due
to
the
continuous
acquisition
of
Companies.
Lower
loss
reflects
higher
margins
due
to
reduced
costs
per
unit. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | M. Wellesley-Wood | Chairman | Michael Prinsloo | CEO,
Director | I. Murray | CFO,
Director | V. Hoops | Director
of HR, Director |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|