African Rainbow Minerals
African Rainbow Minerals Limited is a mining company based in South Africa. ARM has interests in a wide range of mines, including platinum and platinum group metals (PGMs), iron, coal, copper, and gold. ARM's Goedgevonden coalmine near Witbank is a flagship of their joint venture with Xstrata, and produces 6.7 million tons of coal per year. Production is expanding at the Two Rivers platinum mine in Mpumalanga. ARM owns 20% of Harmony Gold, the 12th largest gold mining company in the world with three mining operations in South Africa. Patrice Motsepe is the executive chairman; Phillip Tobias is CEO.
| Company type | Public |
|---|---|
Traded as | JSE: ARI |
| Industry | Mining |
| Headquarters | Sandton, Johannesburg , South Africa |
Number of locations | South Africa, DRC, Zambia |
Key people | Patrice Motsepe (Chairman) Phillip Tobias (CEO) |
| Products | PGMs, Ferrous Metals, Coal, Copper |
| Revenue | R9.6 Billion (FY 2017): 21 |
| R3.475 Billion (FY 2017) : 21 | |
Net income | R1.432 Billion (FY 2017): 21 |
| Total assets | R26.388 Billion (FY 2017): 20 |
| Total equity | R24.04 Billion (FY 2017): 20 |
Number of employees | 24,016 (includes contractors) |
| Website | www.arm.co.za |
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