OroTree will not exercise right to acquire ERPM mining infrastructure assets

Dual-listed DRDGold on Wednesday announced that Malaysian exploration company OroTree had elected not to exercise an option to acquire the mining infrastructure assets to access the deep underground ounces of  the East Rand Proprietary Mines (ERPM) gold mine in Boksburg. OroTree, which acquired the mining rights and prospecting right in February, had until June 30 to exercise the option to acquire the infrastructure assets.