African Rainbow Minerals is a leading South African diversified
mining and minerals company with excellent long-life, low-cost
assets in key commodities. An integral part of ARM’s business is
the forging of partnerships with major players in the resource sector.
ARM in its current form was created in May 2004 to operate, develop, explore and hold significant
interests in the South African and African mining industry. Despite the market challenges, ARM
continues to be profitable and grow its assets, while maintaining a strong balance sheet.
| (1) |
Assets held through a 50% shareholding in Assmang Limited. |
| (2) |
Assets held through ARM’s 50% interest in the Vale/ARM JV. |
| (3) |
Assets held through the ARM Mining Consortium’s effective interest of 41.5%,
the balance held by local communities. |
| (4) |
Platinum Australia, which will earn in up to 49% of ARM Platinum’s shareholding on
completion of a bankable feasibility study, also owns 50% of the Kalplats Extended
Area. In the event that the JV acquires Anglo American’s 10%, Platinum Australia
has the right to acquire 49% of the acquired 10%. |
| (5) |
Konkola North is subject to a buy-in right up to 20% (5% carried interest)
by state-owned ZCCM Investment Holdings plc. |
| (6) |
Primary listing on JSE. |
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