INTEGRATED ANNUAL REPORT 2019

ARM PLATINUM


Key features for F2019

Improved Rand PGM basket price.

Significant decline in the nickel price towards year end.

Decision to scale down Nkomati Mine concluded.

Unit production cost increases.

Material matters

  • Economic and operational sustainability of Nkomati Mine.
  • Grade decline at Two Rivers Mine
  • Operational performance at Modikwa Mine.
  • Declining safety performance at Modikwa Mine
  • Impact of Nkomati Mine scale-down on employees and contractors.
  • Managing stakeholder impacts of Nkomati Mine scale-down
  • Community unrest, particularly in the Eastern Limb.

Structure

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