The board is committed to responsibility, accountability, fairness and transparency through its ethical leadership.

We review our corporate governance practices regularly and have adopted King IV™ as the recognised corporate governance code to ensure that we act in the best interest of our stakeholders, comply with applicable laws and regulations and quickly adapt to changes in our regulatory environment.

Governance Report

Acts and Codes

South Africa (Corporate)

  • South African Companies Act 71 of 2008 – applicable to South African entities
  • JSE Listings Requirements
  • King IV™
  • Labour Relations Act of 1995

United Kingdom (Corporate)

  • Companies Act 2006
  • AIM
  • The UK Corporate Governance Code
  • The Bribery Act 2010

Minerals and Energy (South Africa)

  • Minerals and Petroleum Resources Act of 2008
  • National Energy Act of 2008
  • Precious Metals Act of 2005
  • Broad-based socio-economic empowerment charter for the mining and minerals industry 2018

Safety, Health And Environment (South Africa)

  • Mine Health and Safety Act of 1996
  • Occupational Health and Safety Act of 1993
  • Compensation for Occupational Injuries and Diseases Act of 1993
  • National Environmental Management Act of 1998 and amendments
  • National Water Act of 1998
  • National Nuclear Regulator Act of 1999
  • National Environmental Waste Act 59 of 2008
  • Air Quality Amendment Act 20 of 2004

The board is ultimately responsible for the group’s governance structure and framework and is supported by its four sub-committees.

Governance Framework
Board composition
Board Activities
Business Model