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Friday, 17th March 2006 (4499 views)

Shares in South Africa-based gold mining firm DRDGold have been suspended on the Australian bourse for a failure to provide audited half year accounts.

However, the country's fourth largest gold company was quick to point out to Mining Weekly that this would not bar it from the other stock exchanges on which it was listed.

DRDGold has already provided an unaudited financial breakdown for the half year and said it aimed to have the Australian suspension lifted within weeks.

Earlier this month the company was upbeat about the possibility of near-mine prospecting in the Australasian region, while the loss of a bid in Sudan did not prevent it from looking elsewhere in Africa.

Botswana, Mozambique and the Democratic Republic of Congo were all mentioned.

 

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