Transformation Trust

The Group established a Transformation Trust in 2011 with the aim of improving the quality of life of local communities around the mine through local economic development, job creation and socio-economic development. In addition to our Social and Labour Plan (‘SLP’) obligations, Barber ton Mines will provide some ZAR5.6 million seed funding into the Trust for a range of developmental projects. The Trust is also being offered as a vehicle to suppliers to Barber ton Mines for socio-economic and enterprise development projects.The Trust became fully functional from July 2012 and the first invoices were sent to suppliers during October 2012, which will continue on a quarterly basis.The Trust has been structured so that the contributions of suppliers will count towards their BBBEE Scorecards. The Trust has brought its project por tfolio in line with the Integrated Development Plan of the Umjindi Local Municipality for implementation in the 2012/2013 financial year.

Farmers working in the fields