LOW COST LOW IMPACT
This is how we Mine for a Future.
Sustainable mining isn’t just corporate responsibility.
It’s also good business practice.
Our AISC of US$1,173/oz. places us amongst the most profitable miners in Africa.
With key assets such as Evander Mines increasing production by 116% in 2021, the Group achieved record gold production of over 108,000 oz., exceeding previous guidance for the year, and is on track to produce approximately 200,000 oz. for the 2022 FY.
Profit after tax
Our most recent strategic acquisitions of the Mintails and Blyvoor tailings storage facilities provide significant potential in adding to the Group’s low-cost mineral portfolio.
The first part of the Mintails DFS will be completed in April 2022, and we look forward to sharing these results with our investors.
New tailings retreatment acquisitions
Our search for new sustainable, high-quality gold reserves sees the Group chart new territories, and boldly redefine our frontiers.
Exploration of a 1 100 km2 area in north-east Sudan begins in the second quarter of 2022 on the back of promising sampling and due diligence studies.
Expanding our footprint into Africa
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PAR Begins Exploration in Sudan
Ongoing safety initiatives and interventions and a Group-wide culture embracing the highest levels of operational safety have seen an overall reduction in all reportable accident rates, and improvements in both the Group’s LTIFR and RIFR.
A Zero-Harm approach to safety
5 million fatality free shifts
70% reduction in RIFR at Barberton Mines
A Blueprint for Sustainable Mining
Through collaboration and partnerships with specialists in community, conservation and sustainability initiatives for the benefit of all stakeholders
In March 2022, we celebrated the commissioning of our 10 MW solar PV plant. Producing clean power is central to our environmental objectives of combatting climate change, protecting our biodiversity, and creating a circular economy across the value chain.
Responsible stewardship; ongoing investments in our communities; and a commitment to good governance and the highest levels of safety is just the way we do business.
This is how we go Beyond Compliance.
Environmental, Social and Governance
Latest ESG Milestones