African Rainbow Minerals is a leading South African diversified mining and minerals company, with world-class long-life, low-cost assets. ARM’s business model centres on forging mutually beneficial partnerships with major players in the resource sector.
ARM in its current form was created in 2004 to operate, develop, explore and hold significant interests in the South African and African mining industries. By the end of its 2010 financial year, ARM had successfully achieved its 2 x 2010 growth strategy of doubling production volumes in its portfolio of commodities while concurrently sharpening its focus on cost control, expansion into Africa and growing the Company through targeted acquisitions and partnerships.
|Share Information:||Issued share capital at 30 June 2010||212 692 376 shares|
|Market capitalisation at 30 June 2010||ZAR34 billion|
|Market capitalisation at 30 June 2010||US$4.5 billion|
|Closing share price at 30 June 2010||R161.40|
|Average volume traded for the 12 months ended 30 June 2010||550 761 shares per day|
|Primary listing||JSE Limited|
The Investment Analyst Society (IAS)/SAMREC Awards are given annually, after an adjudication of JSE listed Mining and Exploration Company Annual Reports by judges from the minerals industry
African Rainbow Minerals (ARM) was awarded the "2009 SAMREC award for the best Exploration Section".