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African Rainbow Minerals information


African Rainbow Minerals Limited
Company typePublic
Traded as
JSE: ARI
IndustryMining
Headquarters
Sandton, Johannesburg
,
South Africa
Number of locations
South Africa, DRC, Zambia
Key people
Patrice Motsepe (Chairman)

Phillip Tobias (CEO)
Tsundzukani Mhlanga (CFO)

Thando Mkatshana (CE)
ProductsPGMs, Ferrous Metals, Coal, Copper
RevenueIncrease R9.6 Billion (FY 2017)[1]: 21 
Operating income
Increase R3.475 Billion (FY 2017) [1]: 21 
Net income
Increase R1.432 Billion (FY 2017)[1]: 21 
Total assetsDecrease R26.388 Billion (FY 2017)[1]: 20 
Total equityDecrease R24.04 Billion (FY 2017)[1]: 20 
Number of employees
24,016 (includes contractors)[1]
Websitewww.arm.co.za

African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron, coal, copper, and gold.[2] ARM's Goedgevonden coalmine near Witbank is a flagship of their joint venture with Xstrata, and produces 6.7 million tons of coal per year.[3] Production is expanding at the Two Rivers platinum mine in Mpumalanga.[4] ARM owns 20% of Harmony Gold, the 12th largest gold mining company in the world with three mining operations in South Africa.[5] Patrice Motsepe is the executive chairman; Phillip Tobias is CEO.[6]

  1. ^ a b c d e f "African Rainbow Minerals Integrated Annual Report 2017" (PDF). African Rainbow Minerals (published 30 June 2017). 24 April 2018.
  2. ^ "Corporate Summary" (PDF). 2009-10-23. Retrieved 2010-09-13.
  3. ^ "Goedgevonden mine to supply Eskom's Majuba coal-fired plant". Gold Newswire. Archived from the original on 2011-07-23. Retrieved 2010-09-13.
  4. ^ "Two Rivers plant improvement on track". Mining Weekly. Retrieved 2010-09-13.
  5. ^ ARM company website, retrieved 3 February 2011
  6. ^ "${Instrument_CompanyName} ${Instrument_Ric} People | Reuters.com". Reuters. Retrieved 2017-01-08.

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