AFRICAN RAINBOW MINERALS LTD

ARM HOUSE 29 IMPALA ROAD
Sandton, Gauteng, 2196  South Africa
+27-117791300
Company Type: Parent

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African Rainbow Minerals (ARM) mines for coal, copper, gold, platinum, and ferrous minerals. The South African mining company has a 50% holding in Assmang Limited, which mines ferrous metals including iron, manganese, and chrome ore. Formerly Anglovaal Mining, ARM operates the Modikwa and Two Rivers platinum mines, among others. The company's Nkomati mine produces nickel and copper. The company began jointly developing a copper mine in Namibia with Vale SA in 2010. ARM also has an investment in gold through its 15% stake in Harmony Gold Mining. ARM Exploration identifies and assesses exploration and mineral business opportunities in sub-Saharan Africa. Ferrous minerals are the company's business.

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Parent
Website
Address
ARM HOUSE 29 IMPALA ROAD
Sandton ​, Gauteng, 2196
South Africa
See other locations
Phone
+27-117791300
Company Description

African Rainbow Minerals (ARM) mines for coal, copper, gold, platinum, and ferrous minerals. The South African mining company has a 50% holding in Assmang Limited, which mines ferrous metals including iron, manganese, and chrome ore. Formerly Anglovaal Mining, ARM operates the Modikwa and Two Rivers platinum mines, among others. The company's Nkomati mine produces nickel and copper. The company began jointly developing a copper mine in Namibia with Vale SA in 2010. ARM also has an investment in gold through its 15% stake in Harmony Gold Mining. ARM Exploration identifies and assesses exploration and mineral business opportunities in sub-Saharan Africa. Ferrous minerals are the company's business.

Industry
Metal Ore Mining Mining Metal ores, nec
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Financial Statements

Financial data as of (12 month period) in USD

Annual Revenue2020
$782.53 million USD
1 USD = 14.8914 ZAR

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (All Sites) 13,727
  • ASSETS (MIL USD) 2,857
  •  REVENUE (MIL USD) 782.53
  • TICKER SYMBOL ARI
  • Year Started 1933
  • SALES GROWTH % 31.91%
  • NET INCOME GROWTH 11.55%

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