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The Company has a direct and indirect economic impact on society and on the GLC in particular. We aim to maximise the positive in both these spheres. In terms of our direct economic impacts, this means investing in the sustainability of our operations, growing our portfolio of high quality assets and ensuring a high return on investment for our shareholders. In terms of our indirect economic impacts, we strive to make a positive contribution by meeting the social development needs in the GLC, and promoting sustainable economic development.
Our position on the management of economic impacts is aligned to the International Council on Mining and Metals (ICMM): Resources and Economic Position Paper that recognises the potential of the mining industry to play a part in broader economic development and poverty reduction.
Our economic and operational performance
In 2010 we have improved our economic and financial performance as South Africa and the world begin to show signs of recovery after the global economic downturn. In 2010 we report net cash distributed of US$945 million.
Our total platinum sales reported for 2010 was 706,274 oz, compared to 682,955 oz in 2009. Our platinum group metal sales was 1,325,390 oz, a year-on-year increase of 56,472 oz. A comparison with our net cash generated, net cash flows and net cash distributed for the last five years is reported under the Key Performance Indicators
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