GLOSSARY OF TERMS AND ACRONYMS

ABET: Adult Basic Education and Training, aimed at improving literacy levels and providing learners with nationally recognised qualifications
AIDS: Acquired Immune Deficiency Syndrome, a disease of the immune system caused by HIV infection. HIV & AIDS pose serious challenges for the government and the industry, as South Africa is one the countries worst affected by the Pandemic
ART: Anti-retroviral therapy, treatment of retroviruses especially HIV, usually involving a cocktail of drugs
BEE: Black Economic Empowerment, a socioeconomic policy that contributes to the economic transformation of the country and increases the number of HDSAs (historically disadvantaged South Africans) participating in the economy
CDM: The Clean Development Mechanism is an arrangement under the Kyoto Protocol allowing industrialised countries with a GHG reduction commitment to invest in projects that reduce emissions in developing countries as an alternative to more expensive emission reductions in their own countries
CDP: Carbon Disclosure Project is an independent not-for-profit organisation which acts as an intermediary between shareholders and corporations on all climate change related issues, providing primary climate change data from the world’s largest corporations, to the global market place
CSI: Corporate social investment
DMR: Department of Mineral Resources
DoL: Department of Labour, South Africa
DOT: Directly observed treatment
DSM: Demand side management
DTI: Department of Trade and Industry
DWA: Department of Water Affairs, South Africa
EETF: Employee Empowerment Trust Fund
EMP: Environmental Management Plan
EMS: Environmental Management System
ESG: Environmental, social and governance
ETFs: Exchange traded funds
FIIR: Fatal injury incidence rate per 200 000 man hours worked
GHG: Greenhouse gas
GRI: Global Reporting Initiative is a multi-stakeholder governed institution collaborating to provide the global standards in sustainability reporting. These standards set out the principles and indicators that organisations can use to measure and report their economic, environmental, and social performance
HDP: Historically disadvantaged persons
HDSAs: Historically disadvantaged South Africans, all persons and groups who have been previously discriminated against on the basis of race, gender and disability. Defined by the MPRDA
HIRA: Hazard Identification and Risk Assessment
HIV: Human Immunodeficiency Virus which causes AIDS by infecting the helper T cells of the immune system. The HIV virus is transmitted through blood or bodily secretions
IDP: Integrated development plans provided for by the Local Government Municipal Systems Act. (NO. 32 of 2000)
ILO: International Labour Organisation
IPA: International Platinum Association
ISO: Published in 1996 by the International Organisation for 14001 Environmental Standardisation, it specifies the actual requirements for an environmental management system (EMS)
JSE: JSE Limited, formerly known as the JSE Securities Exchange South Africa
King III: King III is the abbreviated name for the King Report on Corporate Governance for South Africa published in 2010 in South Africa
KPI: Key performance indicator
LED: Local economic development
LRA: Labour Relations Act 66 of 1995, South Africa
LSE: London Stock Exchange
LTIIR: Lost Time Injury Incidence Rate measured per 200 000 man hours worked
Mining Charter: The Broad-Based Social-Economic Empowerment Charter for the South African Mining Industry. The goal of the charter is to bring about an industry that reflects the promise of a non racial South Africa
MHSA: Mine Health and Safety Act 29 of 1996
MPRDA: Minerals and Petroleum Resources Development Act 28 0f 2002
MQA: Mining Qualifications Authority, a Sector Education Training Authority for the Mining and Minerals Sector. Its mission is to facilitate and promote human resources development in the sector
NGOs: Non-governmental organisations
NIHL: Noise induced hearing loss
NUM: National Union of Mineworkers, the largest collective bargaining agent representing workers in the mining, energy and construction industries in South Africa
PGM: Platinum group metals, including copper, nickel, palladium, rhodium and gold
PPE: Personal protective equipment
OLD: Occupational lung disease
RIIR: Reportable Injury Incidence Rate: injuries resulting in 14 or more days absence from work per 200 000 man hours worked
ROM: Run of mine
SETA: Mining Sector Education Training Authority, South Africa
SLPs: Social and labour plans aimed at promoting employment and advancement of the social and economic welfare of all South Africans whilst ensuring economic growth and socioeconomic development. Stipulated in the MPRDA
SRI: Socially responsible investment index of the JSE
STIs: Sexually transmitted infections
TB: Pulmonary tuberculosis
TSF: Tailings storage facility
VCT: Voluntary counselling and testing, a programme aimed at encouraging voluntary HIV testing in order for individuals to know their status
VRT: Virgin rock temperature