Our Values [icons]

Our Values

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In the
spotlight

We strive to be the beacon of pride for our people, our communities, our stakeholders and our shareholders

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COVID-19

South Deep's position on the Coronavirus pandemic

Ensuring the health and safety of our employees is our first priority

South Deep is fully supportive of the measures announced by President Cyril Ramaphosa to prevent the spread of the coronavirus, and the efforts by government to manage this unprecedented crisis.

While South Deep, like any other South African business, finds itself in a very challenging situation, we recognise that we have a broader responsibility to make a positive contribution to combat this pandemic.

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CASE STUDY - SOUTH DEEP TRUSTS

Philani Community Development Centre

The Philani Community Development Centre was established in 2001 as a community-based organisation. Founder, Phyllis Malope, started the centre to provide upliftment in the community of Zuurbekom, particularly to the youth who were often found sitting on the pavements.

“The South Deep Community Trust supports Philani beneficiaries to gain skills, knowledge on trade, governance and business management, and provides support to them with tools to start their businesses independently.”

Phyllis Malope, Philani Community Development Centre Founder and Executive Director

Case study [icons]
Case study [icons]
CASE STUDY – SOUTH DEEP COMMUNITY DEVELOPMENT

Zimele Poultry Farm

In 2017, South Deep funded and facilitated the establishment of the Zimele Poultry Farm, a community development project. It is co-owned by eight local community members. The farm sells thousands of chickens to hawkers and the public, playing an important role in stimulating the local economy. Farm employees have also received business training as a result of the project.

“Our knowledge has grown, and we have planned to increase our capacity. We look forward to expanding and employing more people from the community.”

Stanley Mtjanda, Zimele Poultry Farm director

RESULTS
Q1 2020

HIGHLIGHTS

South Deep placed on care and maintenance from 27 March 2020 to 19 April 2020 due to COVID-19 lockdown

Restart of operations on 20 April 2020 in line with DMRE regulations

Basic income and fixed allowances of all employees covered (R93 million during the quarter)

R22 million paid to SMME contractors and service providers

R15 million donated to the Solidarity Fund by South Deep

Production losses due to COVID-19 lockdown expected to amount to 1,000kg

“As people and as a business, we at South Deep are not immune to the impact of the coronavirus.”

Martin Preece [photo]

Martin Preece

EVP: South Africa

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OPPORTUNITIES

TO WORK AT SOUTH DEEP

About South Deep

South Deep Gold Mine is a world-class bulk mechanised mining operation located in the Witwatersrand Basin, near Westonaria 50km south-west of Johannesburg, South Africa’s commercial capital.

The mine has been built to extract one of the largest known gold deposits in the world and boasts a mineral reserve of 38 million ounces. This is equivalent to almost 100,000 gold bullion bars.

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OUR Q1 PERFORMANCE

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Engaged, well-compensated workforce primarily drawn from community

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41% improvement in amount of gold produced

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Significant reduction in all-in-costs per kilogram of gold produced

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80% of technology programmes delivered according to 2020 business plan

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More metres developed per rig, better quality mining

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Double destressing advancement per rig

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Backfill volume increased by 76%

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Improved drill rig reliability