African Rainbow Minerals Ltd - Company Profile
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Business Description
African Rainbow Minerals Ltd (ARM) is a diversified mining and minerals company. It mines and beneficiates chrome ore, iron ore, manganese ore, platinum group metals (PGMs), copper, nickel, and coal. It holds interest in the gold mining project through Harmony Gold Mining Co Ltd.
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Business Segments
Overview
Manages Goedgevonden (GGV) and Participating Coal Business (PCB) mines. Hold 51% interest in Goedgevonden (GGV) mine and 20% interest in Participating Coal Business (PCB). Also holds 49% interest in Glencore Holdings South Africa(Pty) Ltd.
Performance
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Overview
Includes strategic services and exploration, gold operations and corporate and other.
Performance
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Overview
Owns 50% interest in ferrous mining projects through the partnership with Assmang Proprietary Ltd. Assmang operates two divisions: Iron Ore and Manganese. Iron Ore division operates Beeshoek and the Khumani open pit mines in Northern Cape. Manganese division manages the Nchwaning mine, Gloria underground mines, Cato Ridge works, Machadodorp works, cato ridge alloys (Pty) Ltd and Sakura Ferroalloys Sdn Bhd.
Performance
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Overview
Owns 83% interest in ARM Mining Consortium, 54% interest in two rivers, 100% interest in Nkomati and ARM Bokoni Mining Consortium.
Performance
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