v3.26.3
OPERATING SEGMENTS (Details) - ZAR (R)
R in Millions
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Disclosure of operating segments [line items]      
Revenue (External) R 11,159.0 R 7,878.2 R 6,239.7
Cash operating costs (4,712.4) (4,372.7) (4,193.3)
Movement in gold in process and finished inventories – Gold Bullion 5.4 18.1 34.9
Segment operating profit 6,452.0 3,523.6 2,081.3
Additions to property, plant and equipment (3,736.9) (2,200.0) (3,113.9)
Segment operating profit 6,452.0 3,523.6 2,081.3
Depreciation (477.2) (459.2) (270.4)
Change in estimate of environmental rehabilitation recognised in profit or loss 13.1 98.0 11.6
Ongoing rehabilitation expenditure (19.7) (19.2) (16.1)
Care and maintenance (0.2) 0.8 2.5
Other operating costs (232.7) (213.8) (199.3)
Other income 9.4 0.0 2.0
Loss on disposal of subsidiary (4.8) 0.0 0.0
Administration expenses and other costs 2.9 13.5 0.9
Finance expense (100.0) (73.4) (76.4)
Current tax (496.2) 0.0 (99.7)
Deferred tax (1,130.8) (824.4) (388.5)
Profit for the year [1] 4,255.5 2,242.7 1,328.7
Reconciliation of cost of sales to cash operating costs      
Cost of sales (5,193.9) (4,747.7) (4,429.9)
Depreciation 477.2 459.2 270.4
Change in estimate of environmental rehabilitation provision recognised in profit or loss (13.1) (98.0) (11.6)
Movement in gold in process and finished
inventories – Gold Bullion (5.4) (18.1) (34.9)
Ongoing rehabilitation expenditure 19.7 19.2 16.1
Care and maintenance 0.2 (0.8) (2.5)
Other operating costs 232.7 213.8 199.3
Cash operating costs (4,712.4) (4,372.7) (4,193.3)
(a) Most significant components of other operating costs within cost of sales include:      
Consumable stores 1,512.4 1,376.0 1,303.3
Labour including short term incentives 767.8 747.2 734.9
Electricity 516.0 544.0 586.1
Specialist service providers 1,021.5 876.2 851.7
Machine hire 173.4 156.3 198.4
Security expenses 216.8 198.5 167.2
Water 42.7 45.1 32.5
Finance income 245.5 223.8 280.8
Operating segments | Ergo      
Disclosure of operating segments [line items]      
Revenue (External) 8,080.0 5,671.5 4,524.9
Cash operating costs (3,968.8) (3,699.2) (3,571.0)
Movement in gold in process and finished inventories – Gold Bullion 15.5 9.8 37.5
Segment operating profit 4,126.7 1,982.1 991.4
Additions to property, plant and equipment (999.6) (605.7) (2,354.6)
Segment operating profit 4,126.7 1,982.1 991.4
Depreciation (341.0) (326.5) (138.7)
Change in estimate of environmental rehabilitation recognised in profit or loss 20.8 92.8 11.1
Ongoing rehabilitation expenditure (16.4) (16.3) (13.0)
Care and maintenance 0.0 0.0 0.0
Other operating costs (35.8) (19.6) (10.6)
Other income 8.9   0.6
Loss on disposal of subsidiary (4.8)    
Administration expenses and other costs 2.9 13.5 0.9
Finance expense (75.0) (51.6) (60.9)
Current tax (485.3)   5.4
Deferred tax (418.7) (405.6) (205.1)
Profit for the year 2,828.7 1,294.9 632.9
Reconciliation of cost of sales to cash operating costs      
Cost of sales (4,292.8) (3,952.9) (3,673.2)
Depreciation 341.0 326.5 138.7
Change in estimate of environmental rehabilitation provision recognised in profit or loss (20.8) (92.8) (11.1)
Movement in gold in process and finished
inventories – Gold Bullion (15.5) (9.8) (37.5)
Ongoing rehabilitation expenditure 16.4 16.3 13.0
Care and maintenance 0.0 0.0 0.0
Other operating costs 35.8 19.6 10.6
Cash operating costs (3,968.8) (3,699.2) (3,571.0)
(a) Most significant components of other operating costs within cost of sales include:      
Consumable stores (1,265.8) (1,151.4) (1,087.4)
Labour including short term incentives (638.9) (625.9) (621.4)
Electricity (380.9) (422.9) (472.7)
Specialist service providers (977.1) (833.0) (812.1)
Machine hire (147.9) (136.3) (173.2)
Security expenses (176.5) (162.2) (137.8)
Water (39.8) (41.3) (30.8)
Finance income 52.2 53.1 51.8
Operating segments | FWGR      
Disclosure of operating segments [line items]      
Revenue (External) 3,079.0 2,206.7 1,714.8
Cash operating costs (743.6) (673.5) (622.3)
Movement in gold in process and finished inventories – Gold Bullion (10.1) 8.3 (2.6)
Segment operating profit 2,325.3 1,541.5 1,089.9
Additions to property, plant and equipment (2,735.8) (1,593.1) (756.6)
Segment operating profit 2,325.3 1,541.5 1,089.9
Depreciation (133.0) (130.2) (129.5)
Change in estimate of environmental rehabilitation recognised in profit or loss 0.0 0.0 0.2
Ongoing rehabilitation expenditure (2.5) (2.6) (2.1)
Care and maintenance 0.0 0.0 0.0
Other operating costs (2.9) (8.3) (5.5)
Other income 0.0   1.3
Loss on disposal of subsidiary 0.0    
Administration expenses and other costs 0.0 0.0 0.0
Finance expense (15.0) (11.7) (11.7)
Current tax 0.0   (92.5)
Deferred tax (697.6) (426.9) (183.7)
Profit for the year 1,533.2 1,013.9 720.3
Reconciliation of cost of sales to cash operating costs      
Cost of sales (889.2) (798.0) (756.3)
Depreciation 133.0 130.2 129.5
Change in estimate of environmental rehabilitation provision recognised in profit or loss 0.0 0.0 (0.2)
Movement in gold in process and finished
inventories – Gold Bullion 10.1 (8.3) 2.6
Ongoing rehabilitation expenditure 2.5 2.6 2.1
Care and maintenance 0.0 0.0 0.0
Other operating costs 2.9 8.3 5.5
Cash operating costs (743.6) (673.5) (622.3)
(a) Most significant components of other operating costs within cost of sales include:      
Consumable stores (246.6) (224.6) (215.9)
Labour including short term incentives (128.9) (121.3) (113.5)
Electricity (135.1) (121.1) (113.4)
Specialist service providers (44.4) (43.2) (39.6)
Machine hire (25.5) (20.0) (25.2)
Security expenses (40.3) (36.3) (29.4)
Water (2.9) (3.8) (1.7)
Finance income 58.9 52.1 53.9
Other reconciling items      
Disclosure of operating segments [line items]      
Revenue (External) 0.0 0.0 0.0
Cash operating costs 0.0 0.0 0.0
Movement in gold in process and finished inventories – Gold Bullion 0.0 0.0 0.0
Segment operating profit 0.0 0.0 0.0
Additions to property, plant and equipment (1.5) (1.2) (2.7)
Segment operating profit 0.0 0.0 0.0
Depreciation (3.2) (2.5) (2.2)
Change in estimate of environmental rehabilitation recognised in profit or loss (7.7) 5.2 0.3
Ongoing rehabilitation expenditure (0.8) (0.3) (1.0)
Care and maintenance (0.2) 0.8 2.5
Other operating costs (194.0) (185.9) (183.2)
Other income 0.5   0.1
Loss on disposal of subsidiary 0.0    
Administration expenses and other costs 0.0 0.0 0.0
Finance expense (10.0) (10.1) (3.8)
Current tax (10.9)   (12.6)
Deferred tax (14.5) 8.1 0.3
Profit for the year (106.4) (66.1) (24.5)
Reconciliation of cost of sales to cash operating costs      
Cost of sales (11.9) 3.2 (0.4)
Depreciation 3.2 2.5 2.2
Change in estimate of environmental rehabilitation provision recognised in profit or loss 7.7 (5.2) (0.3)
Movement in gold in process and finished
inventories – Gold Bullion 0.0 0.0 0.0
Ongoing rehabilitation expenditure 0.8 0.3 1.0
Care and maintenance 0.2 (0.8) (2.5)
Other operating costs 194.0 185.9 183.2
Cash operating costs 0.0 0.0 0.0
(a) Most significant components of other operating costs within cost of sales include:      
Consumable stores 0.0 0.0 0.0
Labour including short term incentives 0.0 0.0 0.0
Electricity 0.0 0.0 0.0
Specialist service providers 0.0 0.0 0.0
Machine hire 0.0 0.0 0.0
Security expenses 0.0 0.0 0.0
Water 0.0 0.0 0.0
Finance income R 134.4 R 118.6 R 175.1
[1] 2025: Included in profit for the year and total comprehensive income for the year is a loss from subsidiary held for sale of R2.1 million. Of this loss,
R1.0 million is attributable to non-controlling interest (“NCI”).