Key features for the year

Highlights of the year

Solid operational performance that delivered sound economic benefits
Significant investment in capital development with good progress achieved toward growth goals
Extensive job creation, directly and indirectly
Further improvement in safety performance statistics
Record number of employees on ART
Mineral rights conversions for Marula, Leeuwkop and Impala (post year-end) achieved, signifying acceptance by the DME of the company’s Social and Labour Plans and Environmental Management Plans for these operations
Good progress on transformation – HDSA and women in mining statistics improved
Appointment of a group safety, health and environmental executive, a position created for the first time
Admission again into the JSE SRI index and submission of the group’s response to the Carbon Disclosure Project
Establishment of the Impala Bafokeng Trust (IBT), with the first joint projects having been funded during the year

Regrettably 12 employees lost their lives
Worsening socio-political situation in Zimbabwe, delaying further investment and expansion, hampering operational performance and causing hardship for employees
Significant power shortages which resulted, in the short term, in lost production and will, in the longer term, delay expansions
Delays in environmental permitting owing to the lack of capacity in regulatory structures
High levels of turnover, exacerbated by artisanal skills shortages

Eliminating accidents at work and progressing towards our goal of zero harm
Ongoing implementation of appropriate measures to prevent NIHL and TB
Continued proactive management of HIV and AIDS, and the continued roll-out of ART, to minimise the impact on individuals, the company and the community as a whole
Managing costs in a high inflationary environment
Attainment of all necessary environmental permits