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  • JSE: R48.39 +1.13%
  • NYSE: $3.26 -0.31%
  • GOLD: $1 470/oz +0.03
  • GOLD: R683 527/kg +3.38%
  • ZAR:USD R14.46 -0.24%
  • Updated at 01:12am , 13 Dec 2019 by ProfileData

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A case for investment

FY19 Performance


    1.44Moz (FY18: 1.22Moz) 17%


    R26.9bn (FY18: 20.5bn) 32%


    R6 588m (FY18: R5 356m) 23%

  • headline earnings per share

    204 SA cents (FY18: 171 SA cents) 19%


  • FY16

    • SA operations stabilised at 1Moz
    • Hedging strategy introduced
    • Debt repaid
    • FY19 target of 1.5Moz
  • FY17

    • Hidden Valley acquired, recapitalised
    • Safer, more stable, predictable production delivered
  • FY18

    • Moab Khotsong acquired, integrated
    • Hidden Valley re-investment completed
    • SA operations momentum maintained
  • FY19

    • Moab Khotsong, Hidden Valley boost production, cash flow
    • 1.45Moz delivered in line with production guidance
  • FY20+

    • Permit, fund, build Golpu
    • Increase margin from current operations
    • Evaluate organic, M&A opportunities

Where we operate

South Africa

Our nine underground operations are located within the world-renowned Witwatersrand Basin. We also own the Kalgold open-pit mine on the Kraaipan Greenstone Belt as well as several surface treatment operations.

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Papua New Guinea

We operate Hidden Valley, an open-pit gold and silver mine in the Morobe Province where we also hold a 50% stake in the Wafi-Golpu copper-gold project, a joint venture with Newcrest Mining Limited.

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A responsible operator

The principles of sustainable development are embedded in our business strategy and decision making. Sustainable development is covered by the fourth pillar of our strategy – responsible stewardship.