115 ANNUAL REPORT 2025 28. COMMITMENTS (CONTINUED) (b) Mineral tenement lease commitments The Company has commercial leases over the tenements in which the mining operations are located. These tenement leases have a life of between six months and twenty-one years. In order to maintain current rights to explore and mine the tenements, the Group is required to perform minimum exploration work to meet the expenditure requirements specified by the relevant state governing body. 2025 $000 2024 $000 Mineral tenement leases: - Within one year 7,844 5,119 - After one year but not more than five years 28,852 19,193 - After more than five years 28,047 18,289 64,743 42,601 29. CONTINGENT ASSETS AND LIABILITIES Bank guarantees and rental deposits The Group has a number of bank guarantees and rental deposits in favour of various government authorities and service providers. These primarily relate to office leases and environmental and rehabilitation bonds at the various projects. The total amount of these guarantees at the reporting date is $2,391,105 (2024: $1,649,443). The bank guarantees are fully secured by term deposits. 30. AUDITOR’S REMUNERATION 2025 $000 2024 $000 Amounts received or due and receivable by Deloitte (Australia)1 for: Fees for auditing the statutory financial report of the parent covering the group and auditing the statutory financial reports of any controlled entities 530 307 Fees for assurance services that are required by legislation to be provided by the auditor - Special review – 110 Fees for other assurance and agreed upon procedures services and other legislation or contractual arrangements where there is discretion as to whether the service is provided by the auditor or another firm. 87 242 Fees for other services: - Tax compliance and others 54 86 Total auditor’s remuneration 671 745 1 FY2024 balances represent fee to previous auditor, Ernst & Young.
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