Assmang Limited, which is jointly held by African Rainbow Minerals (ARM) and Assore Limited, is pleased to announce that approval has been received for the start-up capital programme for the additional 6 million tonne expansion project at the Khumani Iron Ore Mine in the Northern Cape Province.
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African Rainbow Minerals Limited today announced it’s Provisional Results for the financial year ended 30 June 2008.
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In terms of paragraph 3.4(b) of the Listings Requirements of the JSE Limited a listed company is required to publish a trading statement as soon as it is satisfied that the financial results for the period to be reported on next will differ by at least 20% from those of the previous corresponding period.
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ARM has replaced Frank Abbott, the ARM Financial Director on secondment to Harmony, with Mike Arnold, ARM Chief Financial Officer, effective 1st July 2008.
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Assmang does not believe that any workers at its Cato Ridge plant have manganism, on the basis of expert medical diagnoses received.
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TEAL Exploration and Mining Incorporated ("TEAL") announced today that Rick Menell has taken a decision to retire from his role as President, CEO and director.
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Assmang Limited has resumed ferromanganese production on Furnace 2 at its Cato Ridge Works. This follows a small burn through on the shell of the furnace on Saturday, 19 April 2008.
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Assmang Limited is in discussion with the Department of Labour regarding the lifting of the prohibition on the operation of Furnace 2 at its Cato Ridge Works.
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Four out of six furnaces at Assmang Limited’s Cato Ridge Works are now in ferromanganese production, following the Department of Labour’s lifting of the prohibition order on two more furnaces on Friday, 11 April 2008.
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Ferromanganese production has resumed at a second furnace at Assmang Limited’s Cato Ridge Works.
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Assmang Limited has resumed ferromanganese production with the recommissioning of one of its six furnaces at its Cato Ridge Works, outside Durban, KwaZulu Natal.
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Further to the announcement by Assmang Limited (Assmang) on Monday 25 February 2008 that an explosion occurred at the No. 6 Furnace of the company’s Cato Ridge Works.
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ARM announces that Mr. Pieter Rörich has resigned from the ARM Board with effect from 20 February 2008.
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Assmang Limited announced on Sunday, 24 February 2008 that an explosion occurred at the No. 6 Furnace of the Cato Ridge Works of Assmang.
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ARM today announced its Interim Results for the six months ended 31 December 2007.
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The ARM results for the six months ended 31 December 2007 have been positively impacted by sales volume increases relating to manganese ore and ferromanganese alloy, iron ore and chrome ore. The results have also been impacted by strong increases in US dollar PGM, thermal coal and ferrous metal prices.
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Jongisa Magagula
Head of Investor Relations and Corporate Development
Tel: +27 (0) 11 779 1300
E-mail: jongisa.magagula@arm.co.za
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