Integrated Annual Review 2012 Annual Financial Report 2012 Mineral Resources and Mineral Reserves Regional overview  
 

7.2.1 Shared value: Local employment

In 2012, our contribution in terms of salaries, benefits (including housing, training, healthcare, etc.) and the payment of dividends to employees amounted to US$1.08 billion. Given that most of our total workforce are either nationals or Historically Disadvantaged South Africans (HDSAs) (p134), the country-level impact of this contribution is obvious.

Ghana, Peru and South Africa share a key challenge in the form of unemployment and underemployment. This is a key driver behind our cross- Group emphasis on employing – where operationally and commercially viable – nationals, HDSAs and local community members (p134). In addition, this approach:

  • Has an important longer-term impact in terms of enhancing local skills pools, building local capacity and fostering international employment standards wherever we operate
  • Contributes to broader development in the communities in which we operate, due to the indirect economic impact generated through the purchase of goods and services by employees and their dependants

However, local labour pools are not always of sufficient breadth or depth to offer the specialised skills required for our increasingly sophisticated operations. To address this, we also place significant focus on supporting the training and education of local people outside the workplace (p146 147). We also carry out a range of activities to promote alternative income-generating opportunities through our Socio- Economic Development (SED) initiatives (p145), as well as preferential procurement (p144).

Examples of our local employment strategy in practice include the following:

Ghana: As well as adhering to national quotas around the employment of nationals (p131), both our Damang and Tarkwa mines cross-check new vacancies against a skills and qualification database of local community members, who are selected by each mine’s Employment Committee (chaired by local chiefs). In addition, both mines (and their contractors) proactively fill unskilled positions from local communities, who are identified by local chiefs in co-operation with our Community Affairs teams (p149).

Peru: Our Cerro Corona mine employs 519 local community members (the majority of whom have been subject to ongoing, targeted training and development) compared to an original commitment to employ 150 local people. We estimate that approximately 20% of the local economically active population are either Cerro Corona employees or contractors.

South Africa: We are subject to the Mining Charter and relevant legislation around Black Economic Empowerment (BEE) (for further details see p134).