A Brief History
- The Mines, situated in the South African province of Mpumalanga originated in the 1880s after Fred and Henry Barber and their cousin, Graham, discovered gold in the region.
- In July 1884, the gold commissioner, David Wilson, laid claim to the reef and named the town Barberton.
- In 1885, Edwin Bray discovered the Golden Quarry (also referred to as the Edwin Bray tunnel), along with the first gold nugget. This led to the first gold production in 1886.
- The mines that today make up the Barberton Mines complex have been operating for over 100 years and include Sheba Mine, Fairview Mine and New Consort Mine.
Our Purpose
Is to exploit mineral deposits in a manner that creates value for our stakeholders and for the betterment of society in a sustainable manner.
Our Vision
Is to continue to build and grow a mid-tier precious metals producer that delivers on this purpose.
Our Strategy
Our growth strategy is executed by identifying and exploiting mining opportunities that create stakeholder value by driving growth in our Mineral Reserve and Resource base, production, earnings and cash flows in a margin accretive manner, and by capturing the full precious metals mining value chain by focusing on:
- low-cost base
- growth in Mineral Reserve base and profitable production
- positive impact on earnings in a sustainable manner
- maximising recovered grade and production tonnes
- high margins.
We encourage an entrepreneurial culture that fosters consistent value accretion for stakeholders by first identifying and then executing into opportunities within our business and operations. This culture further contributes to sourcing new investments, organically or acquisitively, thereby bolstering our portfolio of mining assets.
Company Values:
Action and delivery-
- We act with urgency to achieve desired outcomes within the ambit of accepted regulatory safe risk and commercial parameters.
- We act pro-actively by thinking and acting ahead of anticipated events, this means using foresight and then taking careful, thoughtful steps to chose the appropriate path.
Integrity-
We adhere to moral and ethical principles.
Integrity is achieved by:-
- Apologising without justification
- Being genuine – speaking up for what we believe in
- Aligning behaviour with values – living the values
- Acting ethically
- Being honest in interaction
- Focussing on doing the right thing
- Being consistent in everything we do
- Interacting with emotional intelligence
Courageous Conversations-
We are committed to authentic, honest and frank conversations in all matters.
Courageous conversations are achieved through:-
- Inviting dissent and divergent views
- Speaking the unspeakable and valuing different truths
- In context respect – hating what a person stands for without hating them
Care-
We treat all our stakeholders with fairness, empathy, respect and dignity
Innovation-
We constantly challenge the status quo with the intent of finding more efficient or cost effective ways to achieve the organisation’s purpose and objectives
Attitude-
We foster a positive and optimistic disposition in order to seek possibilities and unleash the collective genius of the organisation.
Resilience-
We counter adversity by turning a negative experience into a positive one.
The defining characteristics of resilience are:-
- Coolly accepting the harsh realities we encounter in life
- Finding meaning in terrible times
- Having an uncanny ability to improvise and making due with whatever is at hand
Ownership-
We act as owners of our business by being responsible and accountable in our actions at all times and with an entrepreneurial and commercial mindset
Excellence-
We relentlessly pursue continuous improvement in both our organisation’s results and the manner in which they are achieved
Team Work-
We work together in a collaborative and disciplined manner toward a common goal and the attainment of the business objectives.