Résumé 
Chairman’s report

The year in a nutshell

The continued combination of tough market, operating, economic and social conditions has rightly spurred Implats towards a fundamental review of aspects of our business model and in the nature of our relationships. Implats has adopted a “lower for longer” view to navigate the difficult period where PGM prices remain low in the near term. This resulted in a detailed strategic review which was conducted and communicated to the market in February 2015, with the aim of positioning the Group strategically to conserve cash in the near term, while at the same time restoring operational performance and profitability.

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“We remain totally committed to zero harm and the need to preserve jobs in this current cyclical downturn.

Implats’ Performance 

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  • - Our workforce
  • - Skills and training
  • - Social, ethics, transformation and remuneration practices
  • - Contractors

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  • - Operational protability
  • - Operating cash flow
  • - Capital investment
  • - Equity funding
  • - Debt funding Processes

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  • - Mining rights, reserves and resources
  • - Plant, property and equipment
  • - Infrastructure
  • - Utilities

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  • - Ethics and human rights
  • - Employee relations
  • - Organised labour
  • - Community relations
  • - Social investment
  • - Suppliers, customers and shareholders

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  • - Knowledge and procedures
  • - Risk and accounting systems
  • - R&D and IP
  • - Geological models
  • - Beneciation systems
  • - People, HR, governance and safety systems

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  • - Natural resources (land, air, water and biodiversity)
  • - Mineral reserves and resources

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