ANNUAL REPORT 2001 - Anglo Platinum

Chairman’s Statement (continued)procedures and training. Complementing OTTOcertification is targeted for end-2004. Of all thethe scale of this human tragedy and theis the roll-out across the Group of a behaviour-environmental interventions currently beingwork that remains to combat it, not just650600550500450400350300Average monthlymarket prices(Platinum US$/oz)9798990001based initiative, which focuses on unsafe acts,the primary cause of more than 90% ofincidents. It is pleasing to report that steadyimprovements were made: the fatal injuryfrequency rate dropped from 0,04 to 0,03 andthe lost-time injury frequency rate fell from 3,8to 2,5 per 200 000 man hours during 2001.Much work remains to achieve the target of afatality-free Anglo Platinum; it is with deep regretthat I report 22 fatalities at the operations during2001, compared with 23 in 2000 and my sympathiesare extended to the bereaved. Each fatalaccident is met with heartfelt sorrow at the deathof a fellow employee and management’s resolveto stamp out unsafe practices and conditionsand facilitate safe behaviour remains steadfast.SUSTAINABLE DEVELOPMENTThe definition of sustainable development isvariously interpreted. The ability of society tomeet its needs today without compromising theability of future generations to provide for theirown needs underpins Anglo Platinum’s effortsto create an enduring industry that adds moreto society’s wealth than it takes away.Anglo Platinum continued with its implementationof ISO14001 environmental standardsundertaken, the most significant is theconstruction of the Anglo Platinum ConvertingProcess (ACP) plant, the commissioning ofwhich will start in the second quarter of 2002.This plant will reduce sulphur dioxideemissions from 130 to less than 20 tons per dayat a capital cost of R1,6 billion.The Corporate Social Investment programmeaccelerated during 2001 and will do so again in2002. In particular, the new mining project areason the Eastern Limb of the Bushveld Complex, agenerally depressed region of South Africa withpoverty and high unemployment, will receive thebenefits of Anglo Platinum’s and its partners’expenditures on education, health, welfare,development and job creation. Special attentionwill be given to emergent local small and mediumenterprises, which will be assisted via focusedprocurement and outsourcing programmes.Increased expenditure is also earmarked for theGroup’s established operations in the North Westand Limpopo (formerly “Northern”) Provinces.Anglo Platinum’s HIV/AIDS programme is oneof energetic and constructive engagement withemployees and the communities within whichit operates. Prevalence rates vary widely acrossthe Group’s operations, but are estimated toby Anglo Platinum but by all affectedstakeholders in the region as a whole,there remains a 78% majority thathas not contracted HIV. To ensurethe long-term sustainability ofour business, the programmewill therefore focus on keepinguninfected employees wellthrough awareness campaignsand on voluntary counsellingand testing linked towellness programmes forthose infected with the virus.HUMAN RESOURCESThe Group has long recognised thatmastery of its future will rely uponattracting, recruiting, developing andretaining quality employees. In pursuit ofits strategic growth objectives, AngloPlatinum’s Human Resource Developmentprogramme, employment equity plans,AIDS/HIV endeavours and educationefforts continue to be closely reviewed andco-ordinated. In this way, the staffing ofcurrent and future operations will proceedrationally, optimally and smoothly, despitethe formidable recruitment and trainingand practices during 2001 and Group-wideaverage around 22%. Without detracting fromchallenges that remain.6