Palabora Mining Company - Vision, Mission and Objectives

Our Vision

A leader in the mining industry through our performance

Our Mission

To safely and profitable extract and convert minerals and metal from the Palabora ore body

Objectives

Create a Strong Enterprise
  • High performance culture
  • Profitable long term plan
Optimise Operations
  • Be a production benchmark
  • Be a third quartile cost producer
  • Plan and execute the plan
  • Improve continuously


Resource for Success
  • Develop future leaders
  • Attract and retain the best talent at all levels
  • Ensure zero harm
Sustainable Long Life
  • Make the right strategic choices
  • Drive Life of Mine extension projects (Lift2, Magnetite)
  • Earn the support of the community
  • Preserve the environment


Values

Integrity
  • Be who you say you are
  • Be honest
Courage
  • Choosing to confront fear, risk and uncertainty
Accountability
  • Assume responsibility for actions, decisions and outcomes
Caring
  • Treat others as you would like to be treated
Teamwork
  • Working with others towards a common goal


Behavious

  • What you say is true
  • Do what you say
  • Communicate openly and honestly
  • Stand up for what you believe
  • Make the difficult decisions
  • Seize opportunities
  • Deliver on promises
  • Take responsibility
  • Empower others to be accountable
  • No blame
  • Treat others with respect and dignity
  • Show concern and empathy for others
  • Be fair and firm
  • Listen actively
  • Accept differences
  • Collaborate with others
  • Integrate teams
  • Collective interest ahead of personal
  • Collaborate with others
  • Integrate teams
  • Collective interest ahead of personal interest


How we make a difference

While Palabora has its own directorship and management, it is also governed by high level strategic policies from Palabora Mining Company, the major shareholder, that provide context and guidance for Palabora's strategic planning, management and operating practices.

Palabora also operates within Palabora Copper (Pty) Limited guidelines on human rights, corporate governance and business ethics.

Palabora is committed to providing a safe and healthy work environment, ensuring sound environmental management, and supplying good quality products and services. This is achieved with continual improvement of business practices and prevention of pollution as well as complying with relevant legislation, regulations and other requirements, and ensuring an enlightened workforce. Palabora's environmental impacts, i.e. sulphur dioxide and dust emissions, water consumption and effluent, mineral and non-mineral waste, energy consumption, associated greenhouse gas emissions and cultural heritage, will be managed ensuring responsible land stewardship and sustainable development. To achieve this Palabora will:

  • Conduct its operations with due regard to South African legislation, standards and other requirements relevant to the business in terms of safety, health and environment (SHE).
  • Train and hold employees and contractors accountable for performance within their areas of responsibility pertaining to safety, health and potential environmental impacts, ensuring high quality products and services.
  • Manage risk by implementing systems to identify, assess, monitor and control standards, and by reviewing performance. These are to be documented, maintained and audited, and certification is to be retained where applicable.
  • Seek continual improvement through a framework of setting and reviewing SHE objectives and targets, and assessing and reporting SHE performance.
  • Provide a structure and responsibility to facilitate effective SHE management, to contribute effectively to the Company's business.
  • Communicate this policy to employees, contractors and visitors to ensure their understanding of their obligations in respect of this policy.
  • Maintain open communication with all stakeholders including employees, contractors, communities, and government and non-government organisations on SHE issues and contribute to the development of sound legislation.
  • Protect the environment (both the natural systems on site as well as the responsible consumption of natural resources) and prevent pollution in which the activities are conducted, and restore the environment to an acceptable end land use when disturbance cannot be avoided, ensuring sustainable biodiversity.
  • Maintain a plan for eventual closure of Palabora's operation including management of social and environmental impacts, estimates of closure costs and financial provision, and consultation and co-operation with local communities and other stakeholders.
PALABORA COPPER (PTY) LIMITED
Phalaborwa, Limpopo , South Africa
T: +27 (0)15 780 2911
PO Box 65, 1 Copper Road, 1389
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