Miner als C ouncil primary capital inputs emplo y ed in deliv ering v alue Human capital T he nec es sary kno wledge and skills t o fulfl the Miner als C ouncil s manda t e ar e vital Expertise in the felds of ec onomics emplo yment r ela tions tr ansf orma tion oc cupa tional saf ety and health en vir onmental s t e w ar dship skills de v elopment junior and emer ging mining modernisa tion c ommunity r ela tions and the legal and r egula t ory fr ame w ork among others Int ernally the nec es sary fnancial and adminis tr a tiv e e xpertise supports deliv ery on our s tr a t egic goals Social and r ela tionship capital Engagement and c ollabor a tion with v arious s tak eholders underpin much of wha t w e do In addition t o our members w e engage with a wide r ange of s tak eholders fr om the South A frican go v ernment minis t ers and go v ernment departments t o unions nongo v ernmental or ganisa tions NGOs mining and laboursending c ommunities in v es t ors in and analy s ts of the South A frican mining sect or parliament and political parties as w ell as the media Int ellectual capital Allied t o human capital this enc ompas ses our body of ins titutional kno wledge on the South A frican mining indus try r ela t ed t echnology and the v arious c ons tituent parts of this indus try Pr omotion of miningr ela t ed r esear ch de v elopment and inno v a tion RDI initia tiv es Na tur al capital W hile not a signifcant input f or the Miner als C ouncil itself na tur al capital is vital t o the mining indus try which e xtr acts metals and miner als fr om identifed or e bodies and which in turn b y its v ery na tur e impacts the na tur al en vir onment Car e and s t e w ar dship of the en vir onment is of major socio ec onomic importanc e and w e c ollabor a t e with members t o ensur e tha t bes t pr actic e is applied in their en vir onmental management pr actic es Financial capital Our funding is pr edominantly b y f ees fr om members f or our adv ocac y and other w ork t o addr es s mining indus try c onc erns and risks identifed V AL UE CREA TED IN 20 19 01 02 03 04 05 S tr a t egic goals F or the Miner als C ouncil F or the mining indus try 01 C ontinued t o driv e the pr omotion of ethical leadership and good go v ernanc e both int ernally and e xt ernally V aluable engagement with members member c ompanies ar e r epr esent ed a t senior le v el on either the Boar d or in the se v en leadership f orums L ed and f acilita t ed an engagement with the t op fv e busines s as socia tions As socia tion f or Sa vings and In v es tment South A frica A SIS A Banking As socia tion South A frica BA S A Busines s Unity South A frica BUS A Busines s L eadership South A frica BLS A Miner als C ouncil and soon t o include the Black Busines s C ouncil a t the end of 20 19 t o ensur e a mor e as sertiv e r ole f or or ganised busines s in 20 20 04 Pr omot ed z er o harm and ef ectiv e tr ansf orma tion and w ork ed a t r educing the indus try s en vir onmental f ootprint 05 Ensur ed the c ontinued impr o v ement in the c ommunica tion perf ormanc e of the Miner als C ouncil with a f ocus on r aising the bar Ensur ed the implementa tion of a modernised or ganisa tional s tructur e aligned t o the s tr a t egic plan Implement ed a c ompr ehensiv e p e r f o r m a n c e management s y s t em Ran t h e r e g i o n a l ofc e in Emalahleni t o i m p r o v e c o or dina tion and enc our age c o l l a b o r a t i o n with mining c ommunities a n d municipalities and t o shar e bes t pr actic e Es tablished c ommodity and r egion specifc leadership f orums t o impr o v e perf ormanc e of s tructur es and t o de v elop c ommodity s tr a t egies 01 Pla y ed a ma t erial r ole in shaping and managing the pr oc es ses dealing with major legac y is sues T he Membership C ompact signed b y all members c ontinued as a s tr ong guide t o r esponsible beha viour 03 02 04 R epr esent ed the mining sect or a t a multiplicity of c onf er enc es and in v es t or meetings such as the Pr esidential Job a n d In v es tment C onf er enc es t o driv e a positiv e r ef orm agenda f or the indus try and t o engage the in v es tment c ommunity r a tings agencies and multila t er als S ta y ed the c ourse and implement ed the Boar d appr o v ed s tr a t egy t o challenge the pr oblema tic pr o visions in the Mining Chart er 20 18 T he judicial r e vie w applica tion w as launched in Mar ch 02 Pr o vided subs tantial input t o NERS A on the f ourth Multi Y ear Pric e Det ermina tion MYPD4 and pla y ed a k e y r ole in enc our aging NERS A t o moder a t e the pric e incr eases gr ant ed t o Esk om Pr o vided ma t erial inputs on tax is sues including the carbon tax and demons tr a t ed the lar ge impact in phase 2 03 Implement ed Boar dappr o v ed s tr a t egy t o es tablish r egional ofc es with a ne w ofc e es tablished in the Northern Cape F ocus points ha v e been t o enc our age c ollabor a tion on SLPs t o impr o v e c ommunity de v elopment impacts 04 C ontinued t o be a k e y ca taly s t t o impr o v e saf ety and health in the mining sect or 20 19 w as the saf es t y ear in the 130 y ear r ec or ded his t ory of the South A frican mining indus try with a 3 7 r eduction in f a talities t o 51 people v ersus 81 in 20 18 P age 5 MINERALS C OUNCIL SOUTH AFRICA INTEGRA TED ANNU AL REVIEW 20 19