2011	2010
		R'000	R'000
13.	Long-term borrowings
	Preference shares
	Balance at beginning of prior year:
	452 “A” redeemable cumulative variable rate preference shares of 1 cent each issued by Main Street 350 (Proprietary) Limited to SBSA to finance the acquisition of Assore shares by the Bokamoso Trust, issued at a premium of R99 999,99 per share	–	45 200
	Redemption of 452 shares at issue value	–	(45 200)
	Balance at end of year	–	–
	Long-term portion of finance lease liabilities
	Finance lease liabilities over vehicles with a carrying amount of R1,9 million (2010: R5,7 million) repayable in varying monthly instalments over 12 months (2010: 24 months) which bear interest at 1,28% (2010: 1,28%) below the prime overdraft rate	2 359	6 345
	Less: Repayable within one year included in short-term borrowings (refer note 18)	(2 359)	(3 612)
		–	2 733

	The finance leases relate to mining vehicles and there are no terms of renewal or purchase options included in the agreements concerned.
	Interest payable and repayment terms
			Total borrowings at year-end	Repayable during the years ending 30 June
			2011	2012	2013
			R’000	R’000	R’000
	2011
	Secured
	– finance lease liabilities		–	–	–
	2010
	Secured
	– finance lease liabilities		6 345	3 612	2 733
		2011		2010
			Present		Present
		Minimum	value of	Minimum	value of
		payments	payments	payments	payments
		R’000	R’000	R’000	R’000
	Repayable – within one year	2 423	2 359	3 612	3 612
	– after one year but not more than five years	–	–	4 282	2 733
	Total minimum lease payments	2 423	2 359	7 894	6 345
	Less: Finance charges	64	–	1 549	–
	Present value of minimum lease payments (as above)	2 359	2 359	6 345	6 345