1、INTEGRATED ANNUAL REPORTfor the year ended 30 June MINING FOR A FUTUREThe following tools will assist you throughout this report:For further reading on our website at performance measures(APMs)APMs are reconciled on pages 236 to 243.The following icons and colours are used to show connectivity betwe
2、en sections:CAPITALSFinancial capital Manufactured capital Intellectual capital Human capitalSocial and relationship capital Natural capitalThese capitals are outlined on pages 6 and 7.STAKEHOLDERSProviders of capitalCustomersSuppliersEmployees and unionsCommunitiesGovernment and regulatory bodiesCo
3、llaboration partnersThe environmentFor more information about these relationships,refer to pages 39 to 44.MATERIAL MATTERSExecutionValue-accretive growthProduction costGeological sustainabilityAvailability of reliable infrastructureCultureHealth,safety and securitySkillsRegulatory complianceSocietal
4、/community cohesionClimate changeEnvironmental impactFor a description of each of these matters,refer to pages 26 and 27.REPORT NAVIGATIONAbout this reportIFCOUR BUSINESS AND STRATEGYAbout Pan African4Investment case6Value-creation timeline14Our long-term sustainability16Our strategy and value-creat
5、ion process18Our strategic initiatives and objectives20Our performance against our strategic objectives22Our value-creating business model24Our material matters26Our primary risks and opportunities28Our key stakeholder relationships39Our operating environment45Chairmans statement49PERFORMANCE REVIEW
6、Five-year overview54Chief executive officers review56Financial directors review64Operational performance review70Operational production80Financial capital82Manufactured capital86 Abridged Mineral Resources and Mineral Reserves report90ENVIRONMENTAL,SOCIAL AND CORPORATE GOVERNANCEIntellectual capital