African Rainbow Minerals Ltd - Company Profile
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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. The company also produces manganese and chrome alloys and holds interest in the gold mining project through Harmony Gold Mining Co Ltd. Major businesses of ARM include ARM Platinum, ARM Ferrous, ARM Coal, ARM Strategic Services and Exploration and Harmony. The company has operational presence in the Northern Cape, Limpopo, Mpumalanga, and KwaZuluNatal provinces in South Africa, and Sarawak province in Malaysia. It mainly focuses on long-life, low unit cost operations. ARM is headquartered in Johannesburg, Gauteng, South Africa.
African Rainbow Minerals Ltd premium industry data and analytics
Products and Services
Products |
---|
Manganese |
Iron Ore |
Platinum |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In April, the company signed an agreement to acquire a 15% stake in Surge Copper. |
2024 | Stake Sale | In February, the company sold an additional stake to Allan Gray Proprietary Limited. |
2023 | Contracts/Agreements | In November, the company signed an agreement to acquire a 50% stake in Nkomati mine. |
Competitor Comparison
Key Parameters | African Rainbow Minerals Ltd | Impala Platinum Holdings Ltd | AngloGold Ashanti plc | Northam Platinum Holdings Ltd | Exxaro Resources Ltd |
---|---|---|---|---|---|
Headquarters | South Africa | South Africa | United Kingdom | South Africa | South Africa |
City | Sandton | Johannesburg | Staines-Upon-Thames | Johannesburg | Centurion |
No. of Employees | 13,477 | 67,973 | 32,594 | 21,539 | 6,745 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Patrice Motsepe | Chairman | Executive Board | 2004 | 61 |
Phillip Tobias | Director; Chief Executive Officer | Executive Board | 2023 | - |
Thando Mkatshana | Director; Chief Executive: ARM Platinum | Executive Board | 2017 | 54 |
Tsundzukani Mhlanga | Director; Director - Finance | Executive Board | 2020 | 41 |
Alyson D’Oyley | Secretary | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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