Good corporate governance is central to our vision of creating sustainable value for all our stakeholders.
OUR STRATEGIC INITIATIVES:
Committed to responsible, ethical governance
Our corporate governance framework provides strategic direction for the Group, supports our licence to operate and ensures our compliance with the highest legal, ethical and industry standards.
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 interests of our stakeholders and comply with all applicable laws and regulations.
To ensure the long-term sustainability of our business, our governance framework actively shapes our corporate citizenship role, and we invest in our relationships with our host communities to seek their ongoing approval, support and participation.
Find out how we’re Mining for a future
Discover why sustainability is important for Pan African Resources.
Pan African Resources is a King IV-compliant company, dedicated to delivering the highest value to our stakeholders through excellent corporate governance.
Every year, we commission independent audits of:
- Carbon tax emissions
- Tailings storage facilities
- Mineral tenure compliance
- SLP implementation
- Environmental management system compliance
- Water-use licences
Illegal Mining & Crime Prevention
High levels of illegal mining, especially at Barberton Mines pose significant safety and security risk, and negatively affects our gold production.
In response, Pan has implemented a multi-layered strategic and operational approach to combat illegal activities, in coordination with relevant law enforcement authorities. We have expanded our efforts to include community-based crime prevention initiatives, introduced CCTV networks on our operations, as well as dedicated significant resources to sealing off old mine shafts. These investments have already enabled us to target high-risk areas more effectively
Acts and Codes
Pan African Resources subscribes to the following relevant 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
- 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
Read more about our ESG projects:
Renewable energy fuels Pan African’s journey towards more sustainable mining
Renewable energy fuels Pan African’s journey towards more sustainable mining Among South Africa’s many natural endowments, it is blessed with abundant solar energy – a free and inexhaustible resource that can provide renewable
Passionate about the plight of our rhinos
Passionate about the plight of our rhinos South Africa is at the centre of the battlefield of rhino conservation. 451 rhinos were killed in 2021 alone, and the Kruger National Park has
Barberton Blueberries scores big on its first harvest
Barberton Blueberries scores big on its first harvest For Pan African’s Barberton Mines operations and for members of host communities in Barberton, our blueberry farm’s inaugural harvest in 2022 left a very sweet