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Board committees

The Board is supported by the following committees. All committees, including the Board, fulfilled their responsibilities in accordance with their terms of reference. Below is a summary of each committee and its membership.

Audit Committee

  • Keith Rayner (Chairman)
  • Savannah Danson
  • Rick Menell
  • Nkosemntu Nika
  • Susan van der Merwe
  • Tim Cumming

Ensures financial sustainability of the Group by monitoring and reviewing financial controls and procedures, as well as the effectiveness and integrity of internal audit and control systems. Appoints independent, external auditor. Oversees regulatory and legislative compliance.

Risk Committee

  • Rick Menell (Chairman)
  • Barry Davison,
  • Neal Froneman
  • Tim Cumming
  • Keith Rayner
  • Susan van der Merwe

Ensures sustainability of the Group by evaluating and overseeing implementation of efficient risk management processes and controls to identify, monitor and mitigate risks and to act on opportunities identified.

Nominating and Governance Committee

  • Sello Moloko (Chairman)
  • Barry Davison
  • Rick Menell
  • Nkosemntu Nika
  • Jerry Vilakazi
  • Susan van der Merwe

Develops our approach to matters relating to corporate governance and makes recommendations to the Board on all such matters, while keeping abreast of best practice. Monitors and evaluates effectiveness and composition of the Board and its committees while planning for director and senior executive succession planning.

Remuneration Committee

  • Tim Cumming (Chairman)
  • Savannah Danson
  • Barry Davison
  • Sello Moloko
  • Nkosemntu Nika
  • Keith Rayner

Ensures payment of fair rewards to attract, retain and motivate executive management with the skills and experience necessary to support and sustain the company and its strategy, and evaluates performance in relation to reward.

Safety, Health Committee

  • Barry Davison (Chairman)
  • Savannah Danson,
  • Neal Froneman
  • Rick Menell
  • Sello Moloko
  • Susan van der Merwe

Ensures adherence to occupational health and safety laws, regulations and external standards, reviews relevant policy and monitors performance of related key indicators so as to minimise mining-related accidents and their impacts.

Social and Ethics Committee

  • Jerry Vilakazi (Chairman)
  • Tim Cumming
  • Barry Davison
  • Rick Menell
  • Sello Moloko
  • Nkosemntu Nika
  • Keith Rayner

Supports and assists the Board in ensuring compliance with best practice recommendations relating to the ethical conduct of our stakeholder engagement. Oversees and monitors anti-corruption policy and performance, the company’s standing as a responsible corporate citizen particularly in relation to the Code of Ethics. Monitors compliance in terms of UNGC.