African Rainbow Minerals Limited · Sandton, Gauteng South Africa · (Johannesburg: ARI)
Company Description
Phone: +27-11-779-1300
Fax: +27-11-779-1312
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This link will open in a new window African Rainbow Minerals (ARM) develops and operates mines in South Africa in the ferrous metals, platinum group metals, coal, and gold sectors. The mining company has a 50% holding in Assmang Limited, which mines ferrous metals including iron ore, manganese, and chrome ore. Formerly Anglovaal Mining, African Rainbow operates the Modikwa and Two Rivers platinum mines, among others. The company's Nkomati mine produces nickel and copper. In 2004 the company sold its Avgold Limited subsidiary to Harmony Gold Mining and now holds a 16% stake in Harmony. Two years later Harmony acquired ARM's stake in Village Main Reef GoldMining. To read the full description, subscribe now.
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Key African Rainbow Minerals Limited Financials
| Company Type | Public - Johannesburg: ARI Headquarters |
| Fiscal Year-End | June |
African Rainbow Minerals Limited Executives
31 executives listed for African Rainbow Minerals Limited's Sandton, Gauteng location.
| Title | Name & Bio | Contact |
| Chairman | Patrice Motsepe | |
| CEO and Director | André Wilkens | |
| CFO and Director | Michael Arnold |
Competition
Competitive Landscape for African Rainbow Minerals Limited
Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.Top African Rainbow Minerals Limited Competitors
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