Sourcing goods and services from stakeholders in our upstream supply chain creates shared value for our business and host communities. Through responsible
procurement and targeted supplier development initiatives, we contribute to local economic growth and strengthen community partnerships, while enhancing
the financial and operational resilience of our business.
Governance and oversight
Strong governance underpins the successful implementation of our procurement and supplier development initiatives.
In conjunction with the relevant board committees, the transformational and supply chain executive provides oversight of our South African operations, and our chief operating officer for Australasian operations. This allows for responsibilities to be clearly defined and embedded across all levels of the business, promoting accountability and transparency
We prioritise transparent reporting on outcomes and challenges, enabling accountability and driving continuous improvement. We use a performance monitoring system that provides clear metrics to assess progress and guide ongoing improvements, tracking procurement spend, assessing supplier performance and, in future, measuring progress against selected targets.
Our internal controls include regular internal and external audits of our procurement and supplier development activities to validate our reported performance and confirm the impact of our initiatives through quarterly compliance reviews and performance audits.
We conduct thorough supplier vetting and due diligence to uphold the integrity of our supply chain. In South Africa, this includes formal onboarding procedures and verification of B-BBEE credentials and ownership structures. These checks help us maintain credibility and support our transformation objectives. In Australia and Papua New Guinea, we screen suppliers for risks related to modern slavery, regulatory non-compliance, and unethical business practices, including any history of legal or enforcement action.
Our procurement framework is underpinned by consistent principles across the business, while allowing for variations to reflect country-specific regulatory requirements and agreement-based obligations. We align our procurement and ESD frameworks with South Africa’s transformation goals and ESG principles. We regularly review this policy to keep it relevant, responsive to legislative changes and consistent with our evolving business environment.
Related policies
FY25 performance
Total SA discretionary spend
R19.9bn
Total SA preferential procurement spend
R16.3bn
SA Compliance spend
R19bn
tOTAL pROCUREMENT SpenD in PNG
R2.5bn
pROCUREMENT SpenD with PNG land-owner companies
R654m
pROCUREMENT SpenD in Morobe Province
R1 092m
tOTAL Procurement spend In australia
R1bn
pROCUREMENT SpenD wITH First Nations Kalkadoon-owned businesses
R2.4m
Strategy: Building a sustainable supply chain
We are committed to building a sustainable supply chain that delivers positive impact beyond the life-of-mine. This enables us to contribute to local economies, support community resilience, build long-term partnerships and promote inclusive participation across our supply chain.
Delivering against our regulatory obligations and stakeholder agreement commitments
We aim to fully comply with our regulatory and agreement-based commitments. This includes aligning procurement and supplier development initiatives with the intent and provisions of these frameworks to support inclusive economic growth and empowerment.
In South Africa, our supplier code of conduct governs supplier interactions, enforcing zero tolerance for fronting, fraud or any non-compliance with transformation objectives. Suppliers must comply with this code, reinforcing our non-negotiable ethical standards, and with health, safety and environmental (HSE) regulations to enable responsible sourcing and promote operational safety. We use service level agreements (SLAs) to clearly define expectations for supplier support to build supplier capacity and readiness. In Papua New Guinea and Australia, we require our suppliers to be registered, insured and fully compliant with anti-bribery and corruption, anti-money-laundering and any current sanctions laws.
Backing diverse and local businesses
Our procurement framework identifies key areas where we can make the greatest impact, particularly in inclusive procurement, employment and enterprise development. We offer financial and non-financial support to the development of diverse businesses, while fulfilling our regulatory and agreement-based commitments.
We also aim to integrate local suppliers from our host communities into our core business operations. We identify prospective local suppliers and work closely with them to build the capacity needed to meet industry standards and for them to participate in our supply chain.
Partnering and collaborating with stakeholders
As suppliers of precious metals, we seek to uphold the principles of responsible sourcing, transparency, and environmental and social responsibility so that our role in the global precious metals supply chain reflects the expectations of our stakeholders and the standards of responsible business conduct.
We actively collaborate with industry bodies, development agencies and government-led initiatives. By leveraging public and private partnerships, we aim to expand the reach and effectiveness of our supplier development efforts and increase our local spend.
Explore related Case studies
Further information
Additional performance-related discussions and data may be found in these publications.