Our Business Model
Delivery on our strategy involves optimising and balancing the use of scarce capital resource inputs to enhance positive outcomes and impacts (value created and preserved), and to minimise the negative (value eroded). This also entails ensuring that the required capital resources are available for future, sustained value creation.
Our primary business activity is the exploration for, development and operation of gold orebodies to transform these into economic and social value.
Access to cost-efficient capital is vital to fund our business, sustain operations, ensure future growth, and to pay for the use of other capital inputs necessary to our business. Our main sources of funding are operational flow, debt and credit facilities plus equity.
The conduct of our business and delivery on our strategy depends on the skills and knowledge, productivity, behaviour and well-being of employees. Effective talent management enables our company to better navigate a volatile macroeconomic environment in order to achieve our strategic objective.
Efficient conduct of our business relies on the development and maintenance of our mining operations and related infrastructure and equipment.
Stakeholders include communities, governments, NGOs, and investor, among others. Relationships with many of our stakeholders support our license to operate, and must be based on trust and transparency. These relationships also help protect our reputation, and enable us to deliver on our strategy.
An ethical, performance-based culture, solid governance framework and efficient management systems, including enterprise risk management, are vital in facilitating delivery on our business strategy. Underpinning these is innovation and technology to enhance and optimise efficiencies and outcomes.
