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RESULTS FROM OPERATING ACTIVITIES (Tables)
 12 Months Ended
Jun. 30, 2025
Analysis of income and expense [abstract]  
Cost of Sales
Amounts in R million
Note
2025
2024
2023
Cost of sales
(4,747.7)
(4,429.9)
(3,911.0)
Operating costs1 (a)
(4,404.6)
(4,206.0)
(3,711.4)
Movement in gold in process and finished inventories - Gold
Bullion
18.1
34.9
10.8
Depreciation
9
(459.2)
(270.4)
(217.5)
Change in estimate of environmental rehabilitation
11
98.0
11.6
7.1
1 Includes R47 million electricity wheeling credit.
(a) The most significant components of operating costs
include:
Consumable stores
(1,376.0)
(1,303.3)
(1,199.9)
Labour including short term incentives
(747.2)
(734.9)
(663.4)
Electricity
(544.0)
(586.1)
(544.4)
Specialist service providers
(876.2)
(851.7)
(633.9)
Machine hire
(156.3)
(198.4)
(152.3)
Security expenses
(198.5)
(167.2)
(153.6)
Water
(45.1)
(32.5)
(61.8)
Related Party Transactions
Amounts in R million
2025
2024
2023
Services rendered by related parties and included in operating costs:
Supply of water and electricity1
122.0
114.5
79.2
Gold smelting and related charges1
16.6
22.5
21.1
Other charges1
0.3
0.3
0.3
Gold refining and related charges2
8.4
7.6
7.2
147.3
144.9
107.8
1 Paid to Sibanye-Stillwater by FWGR.
2 Paid to Rand Refinery by Ergo.
Administration Expenses and Other Costs
Amounts in R million
Note
2025
2024
2023
Included in administration expenses and other costs are the following1:
Corporate salaries and short term incentives
(90.1)
(89.3)
(79.0)
Share-based payment expense
19.1
(30.1)
(26.4)
(22.0)
Information technology costs
(21.9)
(14.8)
(10.4)
Exploration expenses
(9.2)
(6.8)
(4.6)
Other costs and administration expenses
(62.5)
(62.0)
(56.9)
(213.8)
(199.3)
(172.9)
1Other costs and administration expenses have been disaggregated to enhance transparency.