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ARM Ferrous

Iron Ore Division

Beeshoek and Khumani Iron Ore Mines

Management Jointly managed by ARM and Assore, through Assmang. ARM provides administration and technical services, while Assore performs the sales and marketing function as well as technical consulting services.
Resources
Measured and Indicated
Beeshoek 119.0 million tonnes 63.75% iron
Khumani 603.4 million tonnes 64.49% iron
Reserves
Proved and Probable
Beeshoek 55.1 million tonnes 64.04% iron
Khumani 545.4 million tonnes 64.54% iron
Total labour 5 009 (includes 3 574 contractors)

Operational statistics

F2008 F2009 F2010 F2011 F11/10
% change
Attributable headline earnings R million 390 1 080 718 2 327 224
Operating margin % 39 60 41 61 49
Total iron ore sales 000t 6 581 7 410 9 799 10 006 2
Beeshoek Iron Ore Mine
Iron ore produce 000t 4 493 2 658 521 960 84
Iron ore sold* 000t 5 466 1 593 867 688 (21)
Sales revenues* R million 2 282 1 284 410 407
Total costs R million 1 218 361 353 263 (26)
Operating profit R million 1 064 923 62 144 132
Capex R million 100 160 48 83 73
Khumani Iron Ore Mine
Iron ore produced 000t 1 848 6 646 8 765 8 725
Iron ore sold 000t 1 115 5 817 8 932 9 318 4
Sales revenues R million 493 3 733 4 518 9 935 120
Total costs R million 0 1 576 2 566 3 598 40
Operating profit R million 15 2 157 1 952 6 341 225
Capex R million 2 131 1 369 2 256 3 142 39

* Excludes intra-company sales.

Refer to note 2 (PDF - 62KB) for Iron Ore segmental information.

Khumani Expansion Project

Khumani Iron Ore Mine

Ferrous division

Ferrous Division map

Ferrous division map


Partner companies

Assore Limited

www.assore.com



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