Skip to Content

Full Disclosure 2016

Company overview

ARM is a diversified mining and minerals company which mines iron ore, manganese ore and alloys, chrome ore and alloys, platinum group metals, copper, nickel and coal. ARM operates in a number of locations throughout South Africa through its subsidiaries (ARM Platinum, ARM Coal and ARM Ferrous, which in turn have various proportions of shares in a number of other companies).1 ARM employs 23,128 people, including contractors.2

ARM has interests in the following operations in South Africa:3

  • Beeshoek Iron Ore Mine, Northern Cape: ARM Ferrous has a 50% stake in Assmang, which owns 100% of Beeshok.
  • Khumani Iron Ore Mine, Northern Cape: ARM Ferrous has a 50% stake in Assmang, which owns 100% of Khumani.
  • Nchwaning Manganese Mine, Northern Cape: ARM Ferrous has a 50% stake in Assmang, which owns 100% of Nchwaning.
  • Gloria Manganese Mine, Northern Cape: ARM Ferrous has a 50% stake in Assmang, which owns 100% of Gloria.
  • Kalplats PGM Exploration Project, North West: ARM Platinum and Platinum Australia.
  • Goedgevonden Coal Mine, Mpumalanga: owned in varying share amounts by ARM, ARM Coal and Xstrata.
  • ‘Participating Coal Business’, Mpumalanga: owned in varying share amounts by ARM, ARM Coal and Xstrata.
  • Modikwa Platinum Mine, Limpopo: ARM has an effective 41.5% economic stake in Modikwa Platinum Mine.
  • Dwarsrivier Chrome Mine, Mpumalanga: Until July 2016, ARM Ferrous had a 50% stake in Assmang, which owns 100% of Dwarsriver. In July 2016, ARM disposed of its interest in Dwarsriver to Assore Limited.4
  • Two Rivers Platinum Mine, Mpumalanga: 55% ARM Platinum and 45% Implats.
  • Machadodorp Ferromanganese and Ferrochrome Works, Mpumalanga: ARM Ferrous has a 50% stake in Assmang, which owns 100% of Machadodorp and Cato Ridge Works.
  • Nkomati Nickel and Chrome Mine, Mpumalanga: 50% ARM Platinum and 50% Norilsk Nickel Africa.
  • Cato Ridge Ferromanganese Works, KwaZulu-Natal: ARM Ferrous has a 50% stake in Assmang, which owns 100% of Cato Ridge.
  • Black Rock Manganese Mine: this mine is jointly managed by ARM and Assore.5

ARM also holds 14.59% of the shares in Harmony Gold.6