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Commitments
 12 Months Ended
Dec. 31, 2023
Disclosure of information about commitments [abstract]  
Commitments Commitments
United States Dollar
Figures in millions unless otherwise stated
2023
2022
Capital expenditure
Contracted for1
161.6
78.1
1Contracted for capital expenditure of US$161.6 million (2022: US$78.1 million) includes US$115.2 million (2022: US$31.6 million) for Salares Norte.
Lease contracts
United States Dollar
Lease contracts1
Figures in millions unless otherwise stated
Undiscounted
lease
liabilities2
Non-lease
elements3
Fully variable
lease
payments4
Total
2023
– within one year
100.7
165.9
572.4
839.0
– later than one and not later than five
years
245.3
348.8
1,556.8
2,150.9
– later than five years
203.0
182.2
995.0
1,380.2
549.0
696.9
3,124.2
4,370.1
2022
– within one year
84.8
232.4
537.7
854.9
– later than one and not later than five
years
232.3
178.8
1,313.7
1,724.8
– later than five years
195.1
107.8
1,014.0
1,316.9
512.2
519.0
2,865.4
3,896.6
1No leases were entered into during 2023 or 2022 for which the use of the assets has not yet commenced at year-end.
2The undiscounted lease liabilities relate to the gross cash flows used to determine the lease liabilities in terms of IFRS 16 Leases and will not agree
to the leases recognised in note 36.
3The non-lease elements are the amounts in the lease contracts relating mainly to contractor mining and power purchase agreements that are not
accounted for as part of the lease liabilities.
4These are the total commitments per lease contracts relating mainly to contractor mining and power purchase agreements where the payments
have been determined to be fully variable, as a result no lease liability has been recorded. Included in these amounts are payment for non-lease
elements of the arrangement.
Guarantees
The Group provides environmental obligation guarantees and other guarantees with respect to its South African,
Peruvian, Ghanaian and Australian operations. These guarantees amounted to US$221.0 million at 31 December
2023 (2022: US$213.6 million) (refer note 28.1).