African Rainbow Minerals Ltd

Overview

African Rainbow Minerals Ltd (ARM) is a diversified mining and minerals company. It mines and beneficiates chrome ore, iron ore, manganese ore, platinum group metals (PGMs), copper, nickel and coal. The company also produces manganese and chrome alloys, and holds interest in the gold mining project through Harmony Gold Mining Co Ltd. Major businesses of ARM include ARM Platinum, ARM Ferrous, ARM Coal, ARM Strategic Services and Exploration and Harmony. The company holds interest in various mines across South Africa, Malaysia and Papua New Guinea. It mainly focuses on long-life, low unit cost operations. ARM is headquartered in Johannesburg, Gauteng, South Africa.
Key Stats
Address
ARM House, 29 Impala Road, Chislehurston, Chislehurston, SANDTON, South Africa
Headquarters

South Africa

Contact

27 11 7791300

Website
www.arm.co.za
No of Employees

12,678

Industry

Metals and Mining

Ticker Symbol & Exchange​

ARI [JNB]

Revenue (2020)

$708 m

15.7% (2020 vs 2019)
Net Income (2020)

$241 m

-2.1% (2020 vs 2019)
Net Profit Margin

34 %

-15.4% (2020 vs 2019)
Market Cap *

$3,760 m

EPS *

$1.2

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters African Rainbow Minerals LtdImpala Platinum Holdings LtdAngloGold Ashanti LtdExxaro Resources Ltd
Key Information
Headquarters South Africa South Africa South Africa South Africa
Headquarter City SANDTON JOHANNESBURG JOHANNESBURG PRETORIA
Headquarter State/Province - - - -
No. of Employees 12,678 53,384 36,952 6,500
Entity Type Public Public Public Public

Products & Services

ARM is a diversified mining and minerals company. Key products offered by the company include:

Products
  • Manganese
  • Iron Ore
  • Platinum
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Mike Schmidt Director; Chief Executive Officer Executive Board 2012 62 Mr.Mike Schmidt has been the Chief Executive Officer and a Director of the company since 2012. Prior to this, he...
Patrice Motsepe Chairman Executive Board 2004 58 Mr. Patrice Motsepe has been the Executive Chairman of the company since 2004. He joined the company in 2003. Earlier,...
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History

Year Event Description
2019 Divestiture In October, the company agreed to dispose the JV interest in the Kalplats PGM to…
2019 Acquisitions/Mergers/Takeovers In February, the company agreed to acquire the Machadodorp works ferrochrome and ferromanganese division of…
2017 Divestiture In December, the company sold its interest in loss-making Lubambe Copper Mine in Zambia.
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2016 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2015 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


Assmang Proprietary Ltd

Address

Assore House, 15 Fricker Road, Illovo Boulevard, Johannesburg
South Africa

Telephone

27 11 7706800

Website

www.assmang.co.za

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
08 Feb 2019 African Rainbow Minerals to Acquire Machadodorp Works Ferrochrome And Ferromanganese Division Of Assmang Asset Transaction African Rainbow Minerals Ltd Assmang Proprietary Ltd
05 Jun 2018 Harmony Gold Mining Company Raises USD83.01 Million in Private Placement of Shares Equity Offering African Rainbow Minerals Ltd Harmony Gold Mining Co Ltd
15 Aug 2017 EMR Capital Bidco to Acquire 80% Stake in Lubambe Copper Mine from African Rainbow Minerals Private Equity EMR Capital Bidco (No.2C) Limited
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27 Feb 2015 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit