DOCSLIB.ORG

Amandelbult | Operating at 50%, Ramp up to 85%

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Amandelbult | Operating at 50%, Ramp up to 85% ANGLO AMERICAN PLATINUM 2020 Interim Results Presentation BUILDING THE BUSINESS FOR THE FUTURE, BEYOND CURRENT HEADWINDS CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared by Anglo American Anglo American Platinum’s actual results, performance or from publicly available third party sources. Platinum Limited (“Anglo American Platinum”) and comprises the achievements to differ materially from those in the forward-looking As such it presents the views of those third parties, but may not written materials/slides for a presentation concerning Anglo American statements include, among others, levels of actual production during necessarily correspond to the views held by Anglo American Platinum. any period, levels of global demand and commodity market prices, Platinum. By attending this presentation and/or reviewing the slides you agree mineral resource exploration and development capabilities, recovery to be bound by the following conditions. rates and other operational capabilities, the availability of mining and processing equipment, the ability to produce and transport products This presentation is for information purposes only and does not profitably, the impact of foreign currency exchange rates on market No Investment Advice constitute an offer to sell or the solicitation of an offer to buy shares in prices and operating costs, the availability of sufficient credit, the Anglo American Platinum. Further, it does not constitute a effects of inflation, political uncertainty and economic conditions in This presentation has been prepared without reference to your recommendation by Anglo American Platinum or any other party to relevant areas of the world, the actions of competitors, activities by particular investment objectives, financial situation, taxation position sell or buy shares in Anglo American Platinum or any other governmental authorities such as changes in taxation or safety, and particular needs. It is important that you view this presentation in securities. All written or oral forward-looking statements attributable health, environmental or other types of regulations in the countries its entirety. If you are in any doubt in relation to these matters, you to Anglo American Platinum or persons acting on their behalf are where Anglo American Platinum operates, conflicts over land and should consult your stockbroker, bank manager, solicitor, accountant, qualified in their entirety by these cautionary statements. resource ownership rights and such other risk factors identified in taxation adviser or other independent financial adviser (where Anglo American Platinum’s most recent Integrated Report. applicable, as authorised in South Africa, under the Financial Advisory and Intermediary Services Act 37 Forward-looking statements should, therefore, be construed in light of of 2002). Forward-Looking Statements such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak This presentation includes forward-looking statements. only as of the date of this presentation. All statements, other than statements of historical facts included in Alternative performance measures this presentation, including, without limitation, those regarding Anglo American Platinum’s financial position, business, acquisition and Anglo American Platinum expressly disclaims any obligation or Throughout this presentation a range of financial and non-financial divestment strategy, plans and objectives of management for future undertaking (except as required by applicable law, the Listings measures are used to assess our performance, including a number operations (including development plans and objectives relating to Requirements of the securities exchange of the JSE Limited in South of the financial measures that are not defined under international Anglo American Platinum’s products, production forecasts and, Africa and any other applicable regulations) to release publicly any financial reporting standards (IFRS), which are termed ‘alternative reserve and resource positions), are forward-looking statements. By updates or revisions to any forward-looking statement contained performance measures’ (APMs). Management uses these measures their nature, such forward-looking statements involve known and herein to reflect any change in Anglo American Platinum’s to monitor Anglo American Platinum’s financial performance unknown risks, uncertainties and other factors which may cause the expectations with regard thereto or any change in events, conditions alongside IFRS measures because they help illustrate the underlying actual results, performance or achievements of Anglo American or circumstances on which any such statement is based. financial performance and position of Anglo American Platinum. Platinum, or industry results, to be materially different from any future These APMs should be considered in addition to, and not as a results, performance or achievements expressed or implied by such Nothing in this presentation should be interpreted to mean that future substitute for, or as superior to, measures of financial performance, forward-looking statements. earnings per share of Anglo American Platinum will necessarily financial position or cash flows reported in accordance with IFRS. match or exceed its historical published earnings per share. APMs are not uniformly defined by all companies, including those in Such forward-looking statements are based on numerous Anglo American Platinum’s industry. Accordingly, it may not be assumptions regarding Anglo American Platinum’s present and future comparable with similarly titled measures and disclosures by other business strategies and the environment in which Anglo American Certain statistical and other information about companies. Platinum will operate in the future. Important factors that could cause Anglo American Platinum included in this presentation is sourced Interim Results July 2020 2 2020 INTERIM RESULTS AGENDA . Supporting stakeholders Natascha Viljoen Operational performance Natascha Viljoen . Financials Craig Miller . PGM market review Natascha Viljoen 1 Positioning the business for the future Natascha Viljoen . Outlook and guidance Natascha Viljoen Interim Results July 2020 3 RESILIENT BUSINESS DESPITE HEADWINDS Safety performance Health and well-being Community support - Covid-19 Fatalities Protecting livelihoods Investment in communities zero R1.2bn R55m at managed operations in unproductive labour costs to support employees Robust PGM fundamentals Strong balance sheet Industry leading returns USD basket price up Net cash position H1 2020 dividend 56% R11.3bn R2.8bn rand basket price up 80% after paying R11.1 billion in dividends R10.23 per share per PGM ounce sold Interim Results July 2020 4 SUPPORTING STAKEHOLDERS 5 ELIMINATION OF FATALITIES REMAINS THE FOCUS (1) Fatalities & total recordable case injury frequency rate (TRCFR) Fatalities in H1 2020 9 5 8 zero 4.52 4.5 at own managed operations 7 6 4 6 Fatality free days 3.5 5 620 4 3.00 3 at own managed operations since 19 October 2018 3 2.50 2.5 2 2.24 2 Improved safety indicators 2 1 zero zero 2.24 0 1.5 (1) 2017 2018 2019 H1 2020 TRCFR down 50% since 2017 Interim Results July 2020 6 DEVELOPING OUR COVID-19 RESPONSE SUPPORT WHERE IT IS NEEDED MOST Prevent Respond Recover Operating protocols Employee and Safe and healthy community support operations Physical & mental health Workforce & Education, healthcare community testing and livelihoods Interim Results July 2020 7 SUPPORTING COMMUNITIES THROUGH COVID-19 24,000 100,000 77 53,000 4.6m food parcels delivered face masks donated clinics supported provided access reach – through to water education awareness campaigns Commitment to reshaping relationships with communities Interim Results July 2020 8 OPERATIONAL PERFORMANCE 9 CHALLENGING H1 | COVID-19 & ACP HEADWINDS Operational performance H1 2020 production Lost PGM production PGM production decreased Impacted by Due to Covid-19 25% Covid-19 ~585,000 Refined production (2) H1 2020 refined production All-in-sustaining cost (3) PGM production decreased Impacted by AISC per platinum ounce sold 49% ACP repairs $(480) Including tolling decreased 46% against a realised platinum price of $857 Interim Results July 2020 10 MOGALAKWENA | OPERATING AT 100% Total PGM Production (’000 ounces) Impact of COVID-19 (‘000 ounces) PGM production decrease 8% 8% 610 impact from COVID-19 560 COVID-19 70 losses 63 303 Production level 278 281 258 100% at the end of June 307 282 All-in-sustaining cost 258 239 $(594) H1 2019 H1 2020 H1 2019 H1 2020 per platinum ounce sold Platinum Palladium Other PGMs & Gold Q1 Q2 Covid-19 losses Interim Results July 2020 11 AMANDELBULT | OPERATING AT 50%, RAMP UP TO 85% Total PGM Production (’000 ounces) 2020 Ramp-up schedule (% vs 2019) PGM production decrease 48% 48% 422 85% impact from COVID-19 75% 108 Production level COVID-19 losses 50% 99 50% 56 at the end of June, increasing to 85% by the end of 2020 51 215 218 All-in-sustaining cost 111 $(176) H1 2019 H1 2020 June 2020 Q3 2020 Q4 2020 per platinum ounce sold Platinum Palladium Other PGMs & Gold Interim Results July 2020 12 MOTOTOLO | OPERATING AT 90% Total PGM Production (’000 ounces) Impact of COVID-19 (‘000 ounces) PGM production decrease 24% 24% 107 impact from COVID-19 27 82 COVID-19 Production level losses 21 30 50 90% 20 23 at the end of June, increasing to 100% in July 50 58 61 All-in-sustaining cost 38 $(320) H1 2019 H1 2020 H1 2019 H1 2020 per platinum ounce sold Platinum Palladium Other
Load more

Recommended publications
  • Integrated Annual Report 2020
    ANGLO AMERICAN PLATINUM LIMITED INTEGRATED ANNUAL REPORT 2020 REPORT ANNUAL INTEGRATED Integrated annual report 2020 Anglo American Platinum Limited Purpose: re-imagining mining to improve people’s lives We are grounded in our purpose to re-imagine mining to improve people’s lives. We are transforming the very nature of mining for a safer, cleaner, smarter future. We are using more precise technologies, less energy and less water; we are reducing our physical footprint for every ounce of PGM and base metal we produce. We are combining smart innovation with the utmost consideration for our people, their families, local communities, our customers, and the world at large – to better connect precious resources in the ground to all of us who need and value them. Our focus is on our four strategic priorities to deliver the next phase of value creation for stakeholders. – Stimulate new markets and leverage new capabilities – Embed anti-fragility across our business – Maximise value from our core – Be a leader in ESG Refers to other pages in this report Supporting documentation on the website Full annual financial statements (AFS) Full Ore Reserves and Mineral Resources report Environmental, social and governance (ESG) report Notice of annual general meeting www.angloamericanplatinum.com/investors/annual-reporting/2020 Contents 1 Our report 4 Strategy, PGM markets and 99 Our economic contribution in Zimbabwe business model in 2020 1 Approach to reporting 101 Mining and concentrator operations review 2 Reporting principles 38 Strategic priorities
    [Show full text]
  • Franklin Gold and Precious Metals Fund August 31, 2021
    FTIF - Franklin Gold and Precious Metals Fund August 31, 2021 FTIF - Franklin Gold and Precious August 31, 2021 Metals Fund Portfolio Holdings The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio holdings data of over-the-counter derivative investments such as Credit Default Swaps, Interest Rate Swaps or other Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete portfolio data can be found in the semi- and annual financial statements of the fund. Security Security Shares/ Market % of Coupon Maturity Identifier Name Positions Held Value TNA Rate Date BK9M4K4 ADVENTUS MINING CORP 1,950,000 $1,360,069 0.32% N/A N/A 008474108 AGNICO EAGLE MINES LTD 23,000 $1,322,960 0.32% N/A N/A 011532108 ALAMOS GOLD INC 1,138,800 $8,996,520 2.15% N/A N/A 011532108 ALAMOS GOLD INC 486,071 $3,837,098 0.92% N/A N/A 6761000 ANGLO AMERICAN PLATINUM LTD 44,900 $5,092,029 1.22% N/A N/A 035128206 ANGLOGOLD ASHANTI LTD 327,620 $5,595,749 1.34% N/A N/A 6565655
    [Show full text]
  • Audited Annual Financial Statements 2020
    ANGLO AMERICAN PLATINUM LIMITED AUDITED ANNUAL FINANCIAL2020 STATEMENTS Audited annual financial statements 2020 Anglo American Platinum Limited Purpose: re-imagining mining to improve people’s lives We are grounded in our purpose to re-imagine mining to improve people’s lives. We are transforming the very nature of mining for a safer, cleaner, smarter future. We are using more precise technologies, less energy and less water; we are reducing our physical footprint for every ounce of PGM and base metal we produce. We are combining smart innovation with the utmost consideration for our people, their families, local communities, our customers, and the world at large – to better connect precious resources in the ground to all of us who need and value them. Our focus is on our four strategic priorities to deliver the next phase of value creation for stakeholders. – Stimulate new markets and leverage new capabilities – Embed anti-fragility across our business – Maximise value from our core – Be a leader in ESG Supporting documentation on the website Full Ore Reserves and Mineral Resources report Environmental, social and governance (ESG) report Integrated report www.angloamericanplatinum.com/investors/annual-reporting/2020 Contents 1 Compliance and assurance 3 Annexures 2 Directors’ responsibilities and approval of the annual financial 60 Annexures statements 3 Chief executive officer and the finance officer responsibility statement 4 Anglo American Platinum Limited’s annual financial 3 Company secretary’s certificate statements 4 Independent
    [Show full text]
  • “Toward Integrated Operations in the Mining and Metals Industry”
    “Toward Integrated Operations in the Mining and Metals Industry” Laura Mottola, Flow Partners, President and CEO Ezequiel Muñoz, Codelco, Director Safety and Business Continuity, TICA Management Alberto Caneo, Codelco, Head of Unit, Automation Dept., TICA Management Héctor Cerda, Codelco, Head of Emerging Technologies Department, TICA Management Ricardo Aguilera, Barrick, Regional Technological Projects and Innovation Manager Dylan Bennett, Teck, Head of Operational Technology, Chile, IS+T Sergio Silva, FMI, Regional MIS Manager Gustavo Arriagada, Anglo American, Senior Business Improvement Advisor Fernando Romero, Anglo American, Operational Technologies and Systems Manager Confidentiality of the presentation All information contained in this document is of a confidential nature and as such is protected. For that reason, it can only be used by the people who directly participated in the Automining 2014 event and who necessarily require having access to its contents. The improper use, duplication and revelation of this information to third parties, without prior written authorisation from the author companies will entitle them, separately and jointly, to initiate the applicable legal actions and to pursue any compensatory action established by current law in the Republic of Chile. Therefore, any recipient of this information must watch over compliance with this obligation, providing all the safeguards necessary for that purpose. If authorisation is required for other, non-commercial purposes, that authorisation must be separately requested from all the authors, making due reference to the name of the document, date, event and company, and the names of all the authors. From where did this collaboration initiative arise? “Global mining Researchers OTM’s collaboration on Regulators OEM’s solutions to common industry problems, needs and technology Mining Companies Service through standards, Providers guidelines and best Standards Organizations practices” ISO, IEEE, SAE ….
    [Show full text]
  • Country by Country Reporting
    COUNTRY BY COUNTRY REPORTING PUBLICATION REPORT 2018 (REVISED) Anglo American is a leading global mining company We take a responsible approach to the management of taxes, As we strive to deliver attractive and sustainable returns to our with a world class portfolio of mining and processing supporting active and constructive engagement with our stakeholders shareholders, we are acutely aware of the potential value creation we operations and undeveloped resources. We provide to deliver long-term sustainable value. Our approach to tax is based can offer to our diverse range of stakeholders. Through our business on three key pillars: responsibility, compliance and transparency. activities – employing people, paying taxes to, and collecting taxes the metals and minerals to meet the growing consumer We are proud of our open and transparent approach to tax reporting. on behalf of, governments, and procuring from host communities – driven demands of the world’s developed and maturing In addition to our mandatory disclosure obligations, we are committed we make a significant and positive contribution to the jurisdictions in economies. And we do so in a way that not only to furthering our involvement in voluntary compliance initiatives, such which we operate. Beyond our direct mining activities, we create and generates sustainable returns for our shareholders, as the Tax Transparency Code (developed by the Board of Taxation in sustain jobs, build infrastructure, support education and help improve but also strives to make a real and lasting positive Australia), the Responsible Tax Principles (developed by the B Team), healthcare for employees and local communities. By re-imagining contribution to society.
    [Show full text]
  • Environmental, Social and Governance Report 2020
    Environmental, social and governance report 2020 Anglo American Platinum Limited Purpose: re-imagining mining to improve people’s lives We are grounded in our purpose to re-imagine mining to improve people’s lives. We are transforming the very nature of mining for a safer, cleaner, smarter future. We are using more precise technologies, less energy and less water; we are reducing our physical footprint for every ounce of PGM and base metal we produce. We are combining smart innovation with the utmost consideration for our people, their families, local communities, our customers, and the world at large – to better connect precious resources in the ground to all of us who need and value them. Our focus is on our four strategic priorities to deliver the next phase of value creation for stakeholders. – Stimulate new markets and leverage new capabilities – Embed anti-fragility across our business – Maximise value from our core – Be a leader in environmental, social and governance (ESG) Refers to other pages in this report. Supporting documentation on the website Integrated annual report Annual financial statements (AFS) Ore Reserves and Mineral Resources report Notice of annual general meeting www.angloamericanplatinum.com/investors/annual-reporting/2020 Contents 1 Our business 53 Non-mineral waste 4 Governance 1 About this report 59 Product stewardship 144 Leadership and governance 2 Good governance underpins our strategy 61 Air quality 159 Audit and risk committee report 3 Business strategy 64 Mine closure and rehabilitation 164 Social, ethics
    [Show full text]
  • Strategy Update
    STRATEGY UPDATE 22 February 2021 1 CAUTIONARY STATEMENT Disclaimer: This presentation has been prepared by Anglo or achievements to differ materially from those in the forward- Certain statistical and other information about American Platinum Limited (“Anglo American Platinum”) and looking statements include, among others, levels of actual Anglo American Platinum included in this presentation is sourced comprises the written materials/slides for a presentation concerning production during any period, levels of global demand and from publicly available third party sources. Anglo American Platinum. commodity market prices, mineral resource exploration and As such it presents the views of those third parties, but may not By attending this presentation and/or reviewing the slides you agree development capabilities, recovery rates and other operational necessarily correspond to the views held by Anglo American to be bound by the following conditions. capabilities, the availability of mining and processing equipment, the Platinum. ability to produce and transport products profitably, the impact of This presentation is for information purposes only and does not foreign currency exchange rates on market prices and operating No Investment Advice constitute an offer to sell or the solicitation of an offer to buy shares costs, the availability of sufficient credit, the effects of inflation, in Anglo American Platinum. Further, it does not constitute a political uncertainty and economic conditions in relevant areas of This presentation has been prepared without reference to your recommendation by Anglo American Platinum or any other party to the world, the actions of competitors, activities by governmental particular investment objectives, financial situation, taxation position sell or buy shares in Anglo American Platinum or any other authorities such as changes in taxation or safety, health, and particular needs.
    [Show full text]
  • Ore Reserves and Mineral Resources Report 2020
    ANGLO AMERICAN PLATINUM LIMITED ORE RESERVES AND MINERAL RESOURCES REPORT2020 Ore Reserves and Mineral Resources Report 2020 Anglo American Platinum Limited Purpose: re-imagining mining to improve people’s lives We are grounded in our purpose to re-imagine mining to improve people’s lives. We are transforming the very nature of mining for a safer, cleaner, smarter future. We are using more precise technologies, less energy and less water; we are reducing our physical footprint for every ounce of PGM and base metal we produce. We are combining smart innovation with the utmost consideration for our people, their families, local communities, our customers, and the world at large – to better connect precious resources in the ground to all of us who need and value them. Our focus is on our four strategic priorities to deliver the next phase of valve creation for stakeholders. – Stimulate new markets and leverage new capabilities – Embed anti-fragility across our business – Maximise value from our core – A leader in ESG Refers to other pages in this report Supporting documentation on the website Integrated report Full annual financial statements (AFS) Environmental, social and governance (ESG) report www.angloamericanplatinum.com/investors/annual-reporting/2020 Contents 1 Our approach to reporting 40 Estimates and reconciliation – managed operations 2 Operational footprint 40 Mogalakwena Mine (100%) 4 Ore Reserves and Mineral Resources 46 Amandelbult Complex (100%) 4 Lead Competent Person’s statement 46 Tumela Mine (100%) 13 External auditor’s
    [Show full text]
  • Notice of Annual General Meeting 2021
    Notice of annual general meeting 2021 Anglo American Platinum Limited Purpose: re-imagining mining to improve people’s lives We are grounded in our purpose to re-imagine mining to improve people’s lives. We are transforming the very nature of mining for a safer, cleaner, smarter future. We are using more precise technologies, less energy and less water, we are reducing our physical footprint for every ounce of PGM and Base metal we produce. We are combining smart innovation with the utmost consideration for our people, their families, local communities, our customers, and the world at large – to better connect precious resources in the ground to all of us who need and value them. Inspired by our purpose, we are finding ways to use PGMs to create a better future for society, and this purpose guides us as we continue delivery of the strategy. Our strategy is guided by our purpose, driven by our values and will create value for all our stakeholders. The next phase of our strategy will reshape our business into one that is more agile and future fit. We have structured our strategy around four key actions to achieve our purpose and ambitions for all stakeholders: – Maximise value from our core – Embed anti-fragility across our business – A leader in ESG – Stimulate new markets and leverage new capabilities Supporting documentation on the website Integrated annual report Full Ore Reserves and Mineral Resources report Environmental, social and governance (ESG) report Audited annual financial statements www.angloamericanplatinum.com/investors/annual-reporting/2020 Contents 1 Notice of annual general meeting 2 Remuneration report 3 Abridged financial statements The preparation of the group’s audited results and the summarised consolidated financial statements for the year ended 31 December 2020 were supervised by the finance director, Mr CW Miller CA(SA) and have been audited in compliance with the Companies Act No 71 of 2008.
    [Show full text]
  • Ore Reserves and Mineral Resources Report 2020 Re-Imagining Mining to Improve People’S Lives
    Ore Reserves and Mineral Resources Report 2020 Re-imagining mining to improve people’s lives Mining has a smarter, safer future. Using more precise technologies, less energy and less water, we are reducing our physical footprint for every ounce, carat and kilogram of precious metal or mineral. We are combining smart innovation with the utmost consideration for our people, their families, local communities, our customers and the world at large – to better connect precious resources in the ground to all of us who need and value them. And we are working together to develop better jobs, better education and better businesses, building brighter and healthier futures around our operations in our host countries and ultimately for billions of people around the world who depend on our products every day. Contents Integrated Annual 01 Introduction Our reporting suite Report 2020 02 Locations at a glance You can find this report and others, including 04 Feature: Woodsmith Project the Integrated Annual Report and the Sustainability Report, on our corporate website. Integrated Annual Report 2020 Ore Reserves and Mineral Resources Summary For more information, see: 06 Estimated Ore Reserves www.angloamerican.com/investors/ 08 Estimated Mineral Resources annual-reporting Ore Reserve and Mineral Resource estimates 10 Diamonds FutureSmart Mining™ 16 Copper In order to deliver on our purpose we are 20 Platinum Group Metals changing the way we mine through smart innovation across technology, digitalisation 25 Iron Ore and sustainability. 28 Coal To discover
    [Show full text]
  • Focused on Delivery
    ANGLO AMERICAN PLC ANNUAL REPORT 2013 ANNUAL REPORT 2013 FOCUSED ON DELIVERY FOCUSED ON DELIVERY Other sources of information In a world where people want to build a better life for themselves and their families, but where resources are limited, Anglo American seeks to generate sustainable value from a country’s mineral resources for the You can find this report benefit of its people. and additional information about Anglo American on We will deliver an attractive and differentiated value our corporate website. proposition to our shareholders, business partners Although we have chosen not to produce and other stakeholders by having the right assets and an ‘integrated report’, technical expertise, the right people working with our we have included a comprehensive overview partners, and a commitment to responsible mining that of our non-financial performance in this report. will support us in delivering the products that make More detailed information our world work. on our sustainability performance is provided in our Sustainable We are focused on delivering our targeted returns to Development Report. shareholders while creating value for all our partners This can be found on and stakeholders. our corporate website. For more information, visit www.angloamerican.com/ reportingcentre PERFORMANCE HIGHLIGHTS CONTENTS FINANCIAL PERFORMANCE UNDERLYING Strategic report OPERATING PROFIT 02 Chairman’s statement 04 At a glance 2009 (2012: $6.3 bn) 06 Marketplace 0 0 08 Chief Executive’s statement 2010 12 Why mining matters 25 $6.6 bn 14 Our strategy
    [Show full text]
  • Re-Imagining Mining to Improve People's Lives
    ANGLO AMERICAN PLATINUM LIMITED ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2019 RE-IMAGINING MINING TO IMPROVE PEOPLE’S LIVES PURPOSE: RE-IMAGINING MINING TO IMPROVE PEOPLE’S LIVES Amid ongoing challenges in the global mining industry, Anglo American Platinum (Amplats) has proven its resilience and ability to manage change through a focused strategy that is unlocking our full potential and positioning our group for a sustainable future. At the same time, we understand that our future is inextricably linked to the wellbeing of all our stakeholders. Our strategic focus is on value – and we are intent on creating that value across our capitals as we re-imagine our industry and our world. BUILDING ON DECADES OF LEADERSHIP In this time of rapid, powerful change, the world belongs to those who can redefi ne it and – in mining – today’s pioneers are tomorrow’s winners. As part of the Anglo American plc group, our innovation-led approach to sustainable mining is encapsulated in FutureSmart Mining™, which applies innovative thinking and technological advances to address mining’s major challenges. FutureSmart Mining is a trademark of Anglo American plc and its rights are reserved. Refers to other pages in this report. SUPPORTING DOCUMENTATION ON THE WEBSITE Annual fi nancial statements (AFS) Ore Reserves and Mineral Resources report Integrated report Notice of Annual General Meeting www.angloamericanplatinum.com/investors/annual-reporting/2019 CONTENTS 1 Our business 3 Social 4 Governance 1 About this report 70 Pillar: safety and health 134 Our
    [Show full text]