In another challenging year, our operations further improved their safety performance, reducing the group LTIFR by 13%. The total recordable injury frequency rate improved by 10%. Regrettably, this performance was marred by the loss of a contractor employee in the first half of the financial year.
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Our strategic objectives can only be delivered with the foresight, dedication and hard work of our employees. The company competes in a small talent pool for a limited set of skills in the global and South African mining industries.
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Tonnes milled at Two Rivers Mine were 3% higher compared to F2022
Production and sales volumes at Two Rivers impacted by the fatality and grade challenges
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World-class safety performance
Robust free cash flow generation
Completion of the Black Rock and Gloria projects
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Extracting optimal value from the Mineral Resources and Mineral Reserves in our portfolio is fully aligned to ARM’s purpose of delivering competitive returns and creating sustainable value for all our shareholders through its strategic pillars
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