ARM Coal

Goedgevonden (GGV)

ARM’s economic interest

26.01%

Management

Governed by a management committee, controlled by ARM Coal, with four ARM representatives and three Xstrata representatives.

Reserves and Resources

Total	197.9 mt (Saleable Reserves)
Attributable	99 mt (Saleable Reserves)

Life of mine

Economic life-of-mines range from six to 26 years.

Number of employees

263

		F2009	F2008	F09/08 % change
Cash operating profits	Rm	278	195	42
Cash operating margin	%	60	53
Average price received	R/t
Export FOB	US$/t	68.49	55.42	24
Eskom FOR	R/t	99.35	81.30	22
Cash cost per saleable tonne	R/t	89.7	81	(11)
Capex *	Rm	1 960	1 389	41
Total saleable production	Mt	2.5	1.6	56
Total sales		2.1	2.9	(25)
Export  27.3 MJ/kg	Mt	0.5	0.5	–
Domestic 20 – 22 MJ/kg	Mt	1.6	2.4	(33)

*Excludes capitalised interest

Refer to note 2 of the financial statements (PDF - 54KB) for the ARM Coal segmental information