Day 2 of Mining Indaba underway
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This year the Mining Indaba takes place under the main theme, "Championing Africa's sustainable economic growth" and while on the subject of sustainable growth, miner DRDGold has undertaken to hedge a third of its output this year as it embarks on expansion plans and with a R300 million loan already secured, in terms of the capex needed for phase one and two of those plans, some analysts are warning that it could get to R4 billion but CEO, Niël Pretorius doesn't seem to agree...