Integrated Annual Report 2014
Menu
AT A GLANCE THE IMPLATS GROUP GROUP PERFORMANCE
OPERATIONAL REVIEW GOVERNANCE AND REMUNERATION SUMMARY CONSOLIDATED ANNUAL FINANCIAL STATEMENTS
SHAREHOLDER INFORMATION AND ADMINISTRATION OTHER LINKS Report selector
X

Shareholder information and administration
Glossary of terms and acronyms

A, B, C, D or E levels   Paterson job grading levels  
ABET   Adult Basic Education and Training  
Aids   Acquired immune deficiency syndrome  
AMCU   The Association of Mineworkers and Construction Union  
ART   Antiretroviral therapy, provided for the treatment of HIV and Aids (excluding State and private medical aid) 
BEE   Black economic empowerment  
CCMA   Commission for Conciliation, Mediation and Arbitration  
CO2   Carbon dioxide  
dB   Decibels. Unit of measurement for sound  
DMR   Department of Mineral Resources, South Africa  
EIA   Environmental Impact Assessment  
EMP   Environmental Management Programme  
ESOP   Employee Share Ownership Programme  
Executive director   Is employed by the Company and is involved in the day-to-day running of the organisation  
FIFR   A rate expressed per million man-hours of any Impala employee, contractor or contractor employee or visitor who is involved in an incident whilst performing his duties at work and who sustains terminal injuries shall constitute a fatal accident. Any road-related fatal incident where the Company is in full control of the vehicle, the driver and conditions related to the road injury of an employee shall constitute a fatal incident. A fatal injury may occur when an employee is incapacitated for a period of time prior to expiration, thus requiring a revision of injury status from lost-time injury to a fatality  
GJ   Gigajoules. Unit of measure for energy  
GRI   Global Reporting Initiative  
HDSA   Historically disadvantaged South African  
HIV   Human immuno-deficiency virus  
HSE   Health, Safety and Environment  
IBT   Impala Bafokeng Trust, socio-economic development vehicle jointly funded by Implats and RBH  
Impala Platinum   Impala Platinum Limited, comprising the Rustenburg operations and the Refineries in Springs  
Implats   Impala Platinum Holdings Limited  
Independent directors   Directors who apart from receiving directors' remuneration do not have any other material pecuniary relationship or transactions with the Company, its management or its subsidiaries, which in the judgement of the board may affect their independence  
IRS   Impala Refining Services  
ISO   International Organisation for Standardisation  
JORC Code   The 2004 Australasian Code for Reporting of Mineral Resources and Ore Reserves. This was updated and reissued as the JORC Code 2012  
LED   Local Economic Development  
Local community   Communities that are directly impacted on by our mining operations and are on or near the mine lease area  
Lost-time   A work-related injury resulting in the employee being unable to attend work at his/her place of work, performing his/her assigned duties, on the next calendar day (whether a scheduled work day or not) after the day of the injury. If the appointed medical professional advises that the injured person is unable to attend work on the next calendar day after the injury, regardless of the injured person's next roster shift, a lost-time injury is deemed to have occurred  
LTIFR   Number of lost-time injuries expressed as a rate per million man-hours worked  
Marula   Marula Platinum Proprietary Limited  
Materiality and material issues   Issues of materiality are those aspects that may have a significant impact on the organisation's reputation and may carry a financial and/or legal cost. These aspects are identified internally through the risk process and externally through ad hoc or routine engagements with a range of stakeholders  
Mimosa   Mimosa Platinum (Private) Limited  
Mining Charter   Broad-based Socio-Economic Empowerment Charter for the South African Mining Industry  
MPRDA   Mineral and Petroleum Resources Development Act, 28 of 2002, which came into effect in South Africa on 11 May 2004  
Medical Treatment Cases (MTCs)  A Medical Treatment Case is defined as a one-time treatment and subsequent observation of minor injuries by an appointed medical professional. Such minor injuries may include treatment by the application of bandages, antiseptic, ointment, irrigation of the eye to remove non-embedded foreign objects or the removal of foreign objects from the wound. MTCs never involve a loss of one or more calendar days after the injury, regardless of the injured person's next rostered shift or where the injured is unable to perform one or more of their routine functions normally connected with their work due to a restriction applied by an appointed medical professional  
MW   Megawatt, a measure of electric power  
NIHL   Noise-induced hearing loss  
Non-executive director   A director who is not involved in the day-to-day running of the organisation but is a nominee director of a material shareholder  
NOx   Oxides of nitrogen  
NUM   National Union of Mineworkers, South Africa  
PGE   Platinum group elements  
PGI   Platinum Guild International  
PGMs   Platinum group metals being the metals derived from PGE  
Platinum Rules   Set of key safety rules  
PTA   Purified Terephthalic Acid  
RBH   Royal Bafokeng Holdings Proprietary Limited  
RBN   Royal Bafokeng Nation  

RIFR  

Reportable or serious injury frequency rate.  
A reportable injury is an injury which results in:

(a) the death of the employee;

(b) an injury, to any employee, likely to be fatal;

(c) unconsciousness, incapacitation from heatstroke or heat exhaustion, oxygen deficiency, the inhalation of fumes or poisonous gas, or electric short or electric burning accidents of or by any employee and which is not reportable in terms of paragraph (d), or as required by the Occupational Health and Safety Act where applicable;

(d) an injury which either incapacitates the injured employee from performing that employee's normal occupation for a period totalling 14 days or more, or which causes the injured employee to suffer the loss of a joint, or a part of a joint, or sustain a permanent disability  

Restricted Work Injuries (RWI)  A Restricted Work Injury is a work-related injury which results in the employee being able to return to his or her permanently assigned workplace, to perform his or her permanently assigned work on the next calendar day, but where the injured is unable to perform one or more of their routine functions normally connected with their work due to a restriction applied by an appointed medical professional  
SIFR   Number of serious injuries expressed as a rate per million man-hours worked  
SLP   Social and Labour Plan  
SMMEs   Small, medium and micro enterprises  
SO2   Sulphur dioxide  
TB   Pulmonary tuberculosis, which in South Africa is considered an occupational illness when it is associated with the presence of dust in the workplace  
Traditional council leadership   Elected/appointed members of a community according to customs and practices. The tenure of these leaders differ among communities. The chief King/Kgoshi/Kgosi or inKhosi is the head of the Traditional council leadership and the chairman of the council  
VCT   Voluntary counselling and testing, in respect of HIV and Aids  
WIM   Women in Mining, being all females including foreign nationals who are involved in core business activities of mining  
4E   Platinum, palladium, rhodium and gold  
6E   Platinum, palladium, rhodium, ruthenium, iridium and gold