Skip to content skip to secondary navigation

ANNUAL INTEGRATED REPORT 2014

KEY FEATURES F2014

 
 
 
 
 
 
 
 
 
 

One million
fatality-free shifts

achieved at Zondereinde and Booysendal operations

Average number employed (including contractors) 8 788 people

 

Zondereinde smelter successfully recommissioned

R2.9 million CSI spend

Total group capex of R891.1 million

R1 billion funds successfully raised

Booysendal ramp-up on track

Mineral resources of 195.04Moz

R750 million revenue lost as a result of 11-week strike at Zondereinde

Power factor correction equipment saves between 1.3 million and R2 million


Chairman’s statement

You will appreciate that the past financial year presented us with a number of direct and indirect challenges, to which my colleagues rose, and which they handled admirably.

Lazarus Zim | Read statement

Financial director’s review

The higher revenues were achieved despite the challenging conditions of mining in South Africa which included a three week rock drill operator strike at the Zondereinde mine in April 2013.

Ayanda Khumalo | Read review

Chief executive’s review

My first review to shareholders and stakeholders comes after having had a fair period to establish that this company, its people and its assets, are in good shape.

Paul Dunne | Read review

Scope of this report

In this 2014 financial year, Northam has adopted an integrated approach to reporting, which seeks to present to stakeholders a holistic overview of the company’s financial and non-financial performance for the period 1 July 2013 to 30 June 2014, incorporating the recommendations of the International Integrated Reporting Council (IIRC) and the Global Reporting Initiative (GRI) fourth generation (G4) guidelines. Read Scope