Integrated Annual Report 2014
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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
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THE YEAR IN PERSPECTIVE - SALIENT EVENTS

In May 2014 Zimplats committed to a first stage refurbishment of the existing Selous-based base metal refinery to partially process Zimplats matte

MOUSE OVER INTERACTIVE
TIMELINE FOR MORE DETAIL
2014
    • 23 January 2014
      AMCU strike begins
      AMCU takes its members out on a protected strike at the three major platinum producers in Rustenburg. Non-striking workers are put on paid leave in order to ensure their safety and to protect the assets of the Company. Only essential and emergency services were maintained for the duration of the strike
    • 25 February 2014
      Marula achieves two million fatality-free shifts
    • 27 March 2014
      AMCU march to Implats’ head office to deliver a memorandum
      Terence Goodlace responds saying that while the Company was amenable to consider structural changes to the labour system, these could only be achieved over time through a carefully considered labour compact that not only considered the disposable income of workers, but also their socioeconomic well-being and the mining communities that are impacted by mining, as well as the profitability/sustainability of these operations
    • May 2014
      Primary beneficiation within Zimbabwe
      Zimplats commits to a first stage refurbishment of the existing Selous-based base metal refinery to partially process Zimplats matte
    • 24 June 2014
      Wage settlement agreement reached with AMCU
      Impala and AMCU conclude a three-year wage settlement agreement for the Rustenburg operation bringing an end to the five-month industry-wide strike in which employees forfeited approximately R1.9 billion and Impala forfeited revenue of approximately R7.2 billion. Employees return to work on 25 June 2014
    • June 2014
      Implats continues to invest in housing
      The second development in Implats’ housing programme, Platinum Village, was initiated in Rustenburg in 2012 and during 2014 we completed Phase 1 (R140 million) to build 557 out of a planned 2 420 houses
    • July 2014
      Underground collapse of Bimha mine at Zimplats
      The rapid deterioration of ground conditions caused by the Mutambara Shear fault line that transgresses through half of the mining area at Bimha mine leads to the temporary quarantining of the mining footprint. Estimates are that overall production will be negatively affected by some 70 000 platinum ounces in 2015
2013
    • 3 July 2013
      New recognition agreement with AMCU
      Impala signs a new recognition agreement with AMCU laying the foundation to advance the election of shop stewards for wage negotiations and to progress the health, safety and environmental agreement
    • July 2013
      Framework Agreement for a Sustainable Mining Industry in South Africa
      The main stakeholders with the exception of AMCU agree to work cohesively together to bring about lasting change and to reposition the industry as a key contributor to the economy and job creation
    • 18 August 2013
      Impala 4 Shaft achieves one million fatality-free shifts
    • 18 August 2013
      Underground fire at 12 North Shaft
    • 28 August 2013
      Impala 11 Shaft achieves one million fatality-free shifts
    • 24 October 2013
      Certificate of non-resolution issued by the CCMA to AMCU
      Despite ongoing mediation facilitated by the CCMA between the Company and AMCU as part of the annual wage negotiation, the parties remained deadlocked and the CCMA issued a certificate of non-resolution allowing the union to call a protected strike subject to a 48 hour notice period
    • 24 November 2013
      Impala 14 Shaft achieves two million fatality-free shifts
    • November 2013
      Eskom requests consumers to cut power usage
      Following severe constraints on the power network, Eskom implements emergency measures to protect the grid
    • December 2013
      Safety remains Implats’ key priority
      Full implementation of nets and bolts on both the UG2 and Merensky horizons at Impala Rustenburg is completed at a cost of ±R200 million per annum (R21 per tonne). An increased focus on leading indicators and actions is implemented during the year

 

 

 

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