Environment

We recognise the growing risks associated with climate change and the responsibility we have to assess, mitigate, and adapt to its impacts. To strengthen resilience, we are integrating climate considerations into key operational and management plans. This includes enhancing emergency preparedness for extreme weather, updating health and safety protocols for climate risks, ensuring infrastructure design accounts for flood and heat risks, and strengthening environmental monitoring systems. Our Rehabilitation and Closure Plan is also being updated to incorporate long-term climate adaptation measures.

By embedding climate risk management into our governance and operational strategies, we aim to proactively mitigate impacts, safeguard employees and infrastructure, and contribute to sustainable, long-term value creation for all stakeholders.

Solar power at Blanket Mine supplies approximately 20% of the total electricity requirements per day, substantially reducing our use of generators to provide back-up when grid power has failed, during the night and/or during inclement weather when solar is less effective.

Demonstrating our strategic approach to investment, we sold the solar plant in 2024 retaining the exclusive energy off-take agreement. This has allowed us to realise a net profit thereby strengthening our cash position and enabling us to redeploy capital towards our core gold mining and expansion operations whilst at the same time maintaining a renewable energy supply.

Responsible energy management is fundamental to achieving operational efficiency and advancing our environmental stewardship commitments. Mining operations inherently require substantial energy, making our energy consumption the primary contributor to our greenhouse gas emissions footprint. Our strategy, therefore, integrates energy efficiency, renewable energy use, and emission reduction measures into daily operations, ensuring long-term resilience.