| Sales |
(Rm) |
3 673 |
3 669 |
2 867 |
2 335 |
2 274 |
| Platinum |
|
2 018 |
2 254 |
1 931 |
1 557 |
1 477 |
| Palladium |
|
774 |
713 |
533 |
383 |
365 |
| Rhodium |
|
326 |
286 |
234 |
221 |
290 |
| Nickel |
|
84 |
81 |
69 |
75 |
64 |
| Other |
|
471 |
335 |
100 |
99 |
78 |
| Cost of sales |
(Rm) |
(2 657) |
(2 587) |
(2 233) |
(1 827) |
(1 651) |
| Mining operations |
|
(1 714) |
(1 657) |
(1 581) |
(1 357) |
(1 172) |
| Concentrating operations |
|
(359) |
(345) |
(314) |
(264) |
(225) |
| Treatment charges |
|
(25) |
(22) |
(18) |
(18) |
(15) |
| Chrome cost |
|
(231) |
(188) |
– |
– |
– |
| Depreciation |
|
(398) |
(416) |
(372) |
(276) |
(249) |
| (Decrease)/increase in metal inventories |
|
70 |
41 |
52 |
88 |
10 |
| Gross profit |
(Rm) |
1 016 |
1 082 |
634 |
508 |
623 |
| Royalty expense |
(Rm) |
(159) |
(142) |
(92) |
(43) |
(11) |
| Gross margin |
(%) |
27.7 |
29.5 |
22.1 |
21.8 |
27.4 |
| Profit/(loss) for the year |
(Rm) |
593 |
681 |
361 |
296 |
415 |
| 49% attributable to Implats |
(Rm) |
267 |
306 |
163 |
133 |
185 |
| Intercompany adjustment* |
(Rm) |
23 |
(33) |
(7) |
(26) |
46 |
| Share of profit in Implats Group |
(Rm) |
290 |
273 |
156 |
107 |
231 |
| Sales volumes in concentrate |
|
|
|
|
|
|
| Platinum |
(’000oz) |
172.6 |
172.8 |
161.8 |
148.6 |
145.5 |
| Palladium |
(’000oz) |
101.2 |
101.5 |
98.3 |
88.7 |
83.7 |
| Rhodium |
(’000oz) |
30.5 |
30.6 |
28.5 |
25.2 |
24.2 |
| Nickel |
(t) |
581 |
567 |
548 |
596 |
442 |
| Prices achieved in concentrate |
|
|
|
|
|
|
| Platinum |
(US$/oz) |
1 021 |
1 258 |
1 358 |
1 361 |
1 461 |
| Palladium |
(US$/oz) |
668 |
678 |
615 |
561 |
629 |
| Rhodium |
(US$/oz) |
934 |
899 |
931 |
1 141 |
1 717 |
| Nickel |
(US$/t) |
12 691 |
13 830 |
14 284 |
16 414 |
21 010 |
| Exchange rate achieved |
(R/US$) |
10.98 |
10.26 |
8.79 |
7.70 |
6.95 |
| Production |
|
|
|
|
|
|
| Tonnes milled ex-mine |
(’000t) |
3 362 |
3 279 |
3 172 |
3 103 |
2 950 |
| Headgrade (6E) |
(g/t) |
3.98 |
4.01 |
4.02 |
3.86 |
3.94 |
| Platinum in concentrate |
(’000oz) |
173.5 |
175.1 |
162.2 |
149.9 |
145.3 |
| Palladium in concentrate |
(’000oz) |
102.0 |
102.7 |
98.6 |
89.5 |
84.1 |
| Rhodium in concentrate |
(’000oz) |
30.6 |
31.0 |
28.7 |
25.5 |
24.6 |
| Nickel in concentrate |
(t) |
584 |
566 |
555 |
595 |
444 |
| PGM in concentrate |
(’000oz) |
372.6 |
374.7 |
350.4 |
320.1 |
307.2 |
| Cost |
|
|
|
|
|
|
| Total cost |
(Rm) |
2 073 |
2 002 |
1 895 |
1 621 |
1 397 |
| |
(US$m) |
182 |
193 |
215 |
209 |
199 |
| Cost per tonne milled |
(R/t) |
617 |
611 |
597 |
522 |
474 |
| |
(US$/t) |
54 |
59 |
68 |
67 |
67 |
| Cost per PGM ounce in concentrate |
(R/oz) |
5 564 |
5 343 |
5 408 |
5 064 |
4 548 |
| |
(US$/oz) |
487 |
515 |
613 |
654 |
647 |
| Cost per platinum ounce in concentrate |
(R/oz) |
11 948 |
11 433 |
11 683 |
10 814 |
9 615 |
| |
(US$/oz) |
1 047 |
1 103 |
1 325 |
1 396 |
1 367 |
| Cost net of revenue received for other metals |
(R/oz) |
3 741 |
4 426 |
5 912 |
5 624 |
4 129 |
| |
(US$/oz) |
328 |
427 |
670 |
726 |
587 |
| Capital expenditure |
(Rm) |
275 |
319 |
489 |
467 |
280 |
| |
(US$m) |
24 |
31 |
55 |
60 |
40 |
| Labour including capital |
|
|
|
|
|
|
| Own employees |
(no) |
2 404 |
2 350 |
2 410 |
779 |
756 |
| Contractors |
(no) |
879 |
1 066 |
1 296 |
2 735 |
2 537 |
| Labour efficiency |
|
|
|
|
|
|
| Tonnes milled per employee costed** |
(t/man/annum) |
1 029 |
988 |
921 |
941 |
993 |
Integrated
Mineral resource
Sustainable
Implats Annual
