This report forms part of a suite of reports (see below) which provide a combined and holistic account of the group’s operational, financial and economic, social and environmental performance, as well as governance, during the period under review. Where appropriate, and to provide context, historical information has been provided. Targets and projections have also been made where these support an understanding of the strategy of the business and should not be interpreted as forward-looking statements.
The report covers the primary operations owned and managed by the group, namely the Sishen, Thabazimbi and Kolomela mines. Production at the Kolomela mine started during the year under review.
Indicate any restatements during the year.
In compiling these reports, the Report on Governance for South Africa 2009 (King III) adopted.
The annual financial statements have been prepared in accordance with: International Financial Reporting Standards (IFRS); the South African Companies Act, 61 of 1973 (as amended); and the Listings Requirements of the JSE Limited (JSE). Kumba’s Mineral Resources and Ore Reserves are reported in accordance with the South African Code for Reporting of Exploration Results, Mineral Reserves.