HOME     SUBSCRIBERS     TRADE     PRODUCTS & SERVICES    
About Sharenet
Enter any share name or code:    

30-Oct-2018
(Official Notice)
Shareholders are advised that the Company?s 2018 Integrated Annual Report (which includes the Notice of Annual General Meeting) and the 2018 Annual Financial Statements were distributed to shareholders on 30 October 2018. ARM?s suite of reports for the financial year ended 30 June 2018, are available at www.arm.co.za from 30 October 2018.



Notice of AGM

Notice was given that the 85th Annual General Meeting of shareholders of the Company to transact the business as stated in the Notice of Annual General Meeting forming part of the 2018 Integrated Annual Report will be held in Committee Room 4, Sandton Convention Centre (which is located on the corner of Fifth and Maude Streets), Sandton on Friday, 7 December 2018 at 11:00 South African Standard Time (SAST) (Greenwich Meridian Time + 2 hours).
30-Oct-2018
(Official Notice)
Shareholders are advised that the audited 2018 Annual Financial Statements contain modifications to the reviewed consolidated provisional financial statements for the year ended 30 June 2018 released on the Stock Exchange News Service (SENS) of the JSE Ltd. on Friday, 7 September 2018. Copies of the audited 2018 Annual Financial Statements and the 2018 Integrated Annual Report (including the Notice of Annual General Meeting) may be obtained from the Company's registered address or may be requested by emailing ir.admin@arm.co.za.



Notice of AGM

A notice for the 85th Annual General Meeting of shareholders of the Company has been issued separately on SENS on 30 October 2018.
12-Oct-2018
(Official Notice)
Notification is hereby given of the following changes to the composition of ARM board committees to enhance the efficiency and effectiveness of the board.



Board committee changes are noted below:

* Mr F Abbott will not stand for re-election to the audit and risk committee at the forthcoming annual general meeting scheduled for Friday, 7 December 2018;

* Mr A D Botha has been appointed as the chairman of the remuneration committee replacing Dr M M M Bakane-Tuoane who remains a member of this committee;

* Mr F Abbott has resigned as a member of the remuneration committee, and remains a member of the board;

* Mr J C Steenkamp has been appointed to the investment committee and the social and ethics committee; and

* Mr M Arnold has been appointed to the investment committee.
07-Sep-2018
(C)
22-Aug-2018
(Official Notice)
Headline earnings per share for F2018 are expected to increase by between 41% and 54% to between 2 370 and 2 590 cents compared to 1 684 cents reported for the financial year ended 30 June 2017 (F2017).



Basic earnings per share for F2018 are expected to increase by between 221% and 239% to between 2 320 and 2 450 cents (F2017: 723 cents). F2017 basic earnings included attributable impairments of the Nkomati Mine and Modikwa Mine assets of R711 million and R734 million after tax and non- controlling interest, respectively.



Both basic and headline earnings for F2018 were positively affected by an increase in average realised US Dollar prices for most commodities (partially offset by a stronger Rand/US Dollar exchange rate) and a net group fair value gain of R977 million (or 513 cents per share) as a result of the ARM Coal debt restructuring. This fair value gain is included in headline earnings.



The company?s F2018 provisional financial results will be released on 7 September 2018.
25-Jun-2018
(Official Notice)
ARM and Glencore Operations South Africa (Pty) Ltd. (?SA?), a wholly owned subsidiary of Glencore Holdings South Africa (Pty) Ltd. (?GHSA?), hold 51% and 49% of the issued share capital in ARM Coal (Pty) Ltd. (?ARM Coal?), respectively. ARM Coal and GOSA, own and operate the Goedgevonden coal mine operation (?GGV?) through an unincorporated joint venture in which ARM Coal and GOSA hold 51% and 49% participation rights, respectively.



SA owns and operates several coal mining operations in South Africa referred to as the Participative Coal Business (?PCB?). ARM and ARM Coal?s effective interests in the PCB are 10% and 20%, respectively.



Shareholders are advised that ARM, ARM Coal, GHSA and SA have successfully concluded the restructuring of debt:

1. of R3.98 billion owed by ARM and ARM Coal to SA at 30 June 2017 (on an ARM attributable basis); and

2. of R1.83 billion owed by the PCB to ARM and ARM Coal at 30 June 2017(on an ARM attributable basis).



The restructuring improves ARM and ARM Coal?s obligations in terms of this debt.



Salient features of the restructuring:

1. debt owed by ARM and ARM Coal to SA will accrue interest at a rate of 0% compared to the previous rate, which was at prime, with effect from 1 July 2017 until 31 December 2029;

2. the maturity date for all debt owed by ARM and ARM Coal to SA is extended to 31 December 2029;

3. all operating cash generated by Goedgevonden Mine (GGV) and the PCB operations, attributable to ARM and ARM Coal, shall be applied in repayment of the debt until the earlier of 31 December 2029 or full repayment of these loans; and

4. repayments by PCB and ARM Coal to ARM are delayed until after all SA debt has been repaid.



Further details of the restructuring will be included in the ARM 2018 provisional results to be released on 7 September 2018.
16-Mar-2018
(C)
Revenue for the interim period increased to R5.020 billion (2016: R4.950 billion), gross profit rose to R805 million (2016: R655 million), profit for the period attributable to equity holders of ARM from continuing operations turned around to R1.938 billion (2016: loss of R182 million), while headline earnings per share from continuing operations grew to 1 026 cents per share (2016: 931 cents per share).



Dividends

The Board has approved and declared an interim dividend of 250 cents per share (gross) in respect of the six months ended 31 December 2017 (2017: Nil). The amount to be paid is approximately R549 million.



Company outlook

US Dollar commodity prices for most of the commodities that ARM produces remain strong into 2H F2018. In particular, premiums for the high-quality iron ore and manganese ore appear to be underpinned by ongoing Chinese supply-side reforms, improved efficiencies in the Chinese steel industry and increasingly stringent environmental policies. Commodity prices are, however, expected to remain volatile.



Uncertainties into 2H F2018 include (i) the outlook for the Rand versus US Dollar exchange rate; (ii) changes in South African mining regulations; (iii) the dynamic socio-economic environment around mines; and (iv) above-inflation unit cost increases.



Re-engagement between government, the mining industry and other stakeholders on Mining Charter III is positive for the South African mining industry and is contributing towards improved investor sentiment.



ARM continues to proactively manage cost pressures whilst ensuring efficient production levels to maximise profit margins.



We are also focused on the allocation of capital to ensure that a responsible balance is achieved between re-investment into the business, shareholder returns, maintaining a robust financial position and value enhancing growth. We are pleased to have declared a maiden interim dividend and will continue to consider interim and annual dividends taking into account amongst things our financial position, the outlook for our operations and commodity markets, capital expenditure and growth.



Further, ARM is committed to managing the impact of our mining activities on all stakeholders. We are committed to investing in ways that will ensure mutual benefit to surrounding communities, Government and the environments in which we operate.



ARM remains confident about the future of our business.
27-Feb-2018
(Official Notice)
ARM's basic earnings per share for 1H F2018 are expected to improve to between 912 and 930 cents compared to the basic loss per share of 134 cents reported for the comparative six months ended 31 December 2016 (1H F2017).



The basic loss reported for 1H F2017 included the following special items:

-an attributable impairment of the Nkomati assets of R711 million after tax;

-an attributable impairment of the Modikwa assets of R734 million after tax and non-controlling interest; and

-an impairment loss of R422 million within the Assmang joint venture related to the sale of Dwarsrivier Mine.



Headline earnings for 1H F2018 have been positively affected by an increase in average realised US Dollar commodity prices for most of the commodities that ARM produces, which was partly offset by a stronger average realised Rand/US Dollar exchange rate. Headline earnings per share for 1H F2018 are expected to increase by between 10% and 16% to between 986 and 1 037 cents (1H F2017; 893 cents).



The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM. The Company's 1H F2018 financial results will be released on 16 March 2018.
22-Dec-2017
(Official Notice)
Further to the announcement released on the Stock Exchange News Service of the JSE Ltd. on Tuesday, 15 August 2017, ARM shareholders are advised that all conditions precedent pertaining to the Disposal have now been fulfilled. The disposal of the equally held 80% interest of ARM and Vale International SA, a wholly owned subsidiary of Vale S.A. (?Vale?), in Lubambe Mine therefore became unconditional on 21 December 2017.



The total purchase consideration payable, directly and indirectly, to ARM and Vale in respect of the Disposal is USD97.10 million, which will be settled in cash. The final amount receivable, directly and indirectly, by ARM and Vale, is subject to, amongst others, the following adjustments, which will be finalised on completion of the Disposal:

*settlement of Lubambe?s general banking facility of approximately USD26 million;

*payment of property transfer tax payable in an amount of approximately USD10 million; and

*refund of funding provided to Lubambe after 1 May 2017 in an amount of approximately USD25 million.

04-Dec-2017
(Official Notice)
The shareholders of ARM (?Shareholders?) are advised that at the annual general meeting of Shareholders (?Annual General Meeting?) held on Friday, 1 December 2017, in terms of the notice of Annual General Meeting distributed to Shareholders on 26 October 2017, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy.



As at Friday, 24 November 2017, being the Voting Record Date, the total issued share capital of ARM was 218 804 950 (?Issued Shares?) and the total number of votable shares was 190 190 210 (?Votable Shares?). The number of ARM shares voted in person or by proxy at the Annual General Meeting is 169 480 677 shares, representing 77.46% of the Issued Shares and 89.11% of the Votable Shares.
26-Oct-2017
(Official Notice)
11-Oct-2017
(Official Notice)
The Company advises that Mr David Noko and Mr Jan Steenkamp have been appointed to the board of directors of ARM as independent non-executive director and non-executive director, respectively, with effect from 10 October 2017.



07-Sep-2017
(C)
Revenue for the year from continuing operations remained stable at R9.019 billion (2016: R9.019 billion). Gross profit rose to R1.207 billion (2016: R811 million), profit attributable to equity holders of ARM from continuing operations jumped to R1.431 billion (2016: R1.199 billion), while headline earnings per share from continuing operations more than doubled to 1 791 cents per share (2016: 663 cents per share).



Dividends

The Board has approved and declared an annual dividend of 650 cents per share (gross) in respect of the year ended 30 June 2017 (2016: 225 cents per share). The amount to be paid is approximately R1 422 million.



Company outlook

While average realised US Dollar commodity prices for F2017 were higher than in F2016 they have generally reduced from recent highs and remain volatile. In addition, although the Rand/US Dollar exchange rate strengthened during F2017 there are still divergent views on the outlook for the exchange rate.



As a result of the abovementioned volatility there remains an increased degree of forecasting risk in the mining industry. The ARM response to this uncertainty in prices and exchange rate is to:

- continue addressing operations that are loss-making and require shareholder funding;

- improve operational efficiencies; and

- contain and reduce unit costs, at operations.



In addition, capital allocation to new projects is reviewed rigorously to ensure that funding is only applied to projects which are expected to provide returns in excess of ARM's risk adjusted hurdle rates. ARM remains confident in the long-term outlook for commodities and as a result of its robust Statement of Financial Position, which is relatively ungeared, ARM continues to pursue both internal and external growth opportunities.
21-Aug-2017
(Official Notice)
15-Aug-2017
(Official Notice)
ARM shareholders are advised that, further to announcements indicating that the Lubambe Copper Mine (?Lubambe Mine?) was under review with an aim to maximise value for ARM, ARM and Vale International SA, a wholly owned subsidiary of Vale S.A., (?Vale?) have concluded an agreement for the disposal of ARM and Vale?s 80% indirect interest in Lubambe Mine located in Zambia to EMR Capital Bidco (No.2C) Limited (?EMR?) (the ?Disposal?). The 80% indirect interest in Lubambe Mine, which is held in equal shares by ARM and Vale, includes the equity holding in Lubambe Mine as well as loans to Lubambe Mine.



The purchase consideration for the Disposal is US$97.10 million and will be settled in cash. The final amount receivable is subject to, amongst others, the following adjustments which will be finalised on completion of the Disposal:

i. Settlement of Lubambe Mine?s general banking facility; and

ii. Additional funding provided to Lubambe Mine by ARM and Vale between 1 May 2017 and the completion date.



Completion of the Disposal is subject to the fulfilment of agreed conditions precedent.EMR is a specialist resources private equity management firm with a proven investment track record spanning over 20 years. It manages investments of more than US$2 billion. The Disposal falls below the transaction categorisation threshold in terms of the Listings Requirements of the JSE Limited.
12-Jun-2017
(Official Notice)
After eight years as Financial Director, Mr Mike Arnold will be retiring as Financial Director of ARM on 10 December 2017 after having reached the Company?s normal retirement age of 60 years in July this year and will work with the new Financial Director for a period of six months as part of the handover process.



Mr Arnold will remain on the ARM Board of Directors as a Non- Executive Director with effect from the date of his retirement and he will also provide consulting services to the Company.



Appointment of Financial Director

After a comprehensive search process, which included both internal and external candidates, the ARM Board of Directors is pleased to announce the decision to appoint Ms. Abigail Mukhuba, the current Chief Financial Officer of ARM, as Financial Director with effect from 11 December 2017.
16-Mar-2017
(C)
Revenue for the interim period increased to R4.950 billion (2015: R4.708 billion), gross profit jumped to R664 million (2015: R208 million), loss attributable to equity holders of ARM decreased to R254 million (2015: loss of R996 million), while headline earnings per share soared to 893 cents per share (2015: 233 cents per share).



Outlook

The mining industry has benefitted from increased US Dollar commodity prices particularly in bulk commodities. The increase in prices can be attributed to a number of factors including (i) the stabilisation of global commodity supply, (ii) the outcome of the US presidential elections and (iii) decreasing commodity inventory levels. The price increases particularly in the latter part of the period under review, have in many instances been quite marked indicating that the previously depressed prices were not sustainable. The recent strengthening of the Rand against the US Dollar has to some extent partly offset the US dollar price gains.



Looking forward it is estimated that US Dollar commodity prices could come off recent highs and settle at lower levels while the Rand could remain relatively strong. As a result, ARM continues to focus on areas within its control such as cost containment, prudency of capital expenditure, capital allocation and the detailed review of unprofitable operations.



Since the period end ARM has repaid the ARM corporate facility borrowings partly utilising the dividend received from Assmang of R1.5 billion. ARM continues to investigate a number of growth opportunities including organic growth projects, research and development projects and merger and acquisition transactions.
07-Mar-2017
(Official Notice)
ARM?s headline earnings for the six months ended 31 December 2016 (1H F2017) were positively impacted by an increase in average US Dollar commodity prices for most of the commodities which ARM produces in comparison to the average US Dollar prices achieved during the previous corresponding period ended 31 December 2015 (1H F2016). Most operations, except Goedgevonden Coal Mine (GGV) and Nkomati Nickel Mine (Nkomati), achieved unit cost increases below inflation. Sales volumes for Nkomati were lower than those in 1H F2016 as a result of production challenges at the operation.



Accordingly, ARM announces that headline earnings per share for 1H F2017 are expected to increase by between 272% and 288% compared to 1H F2016 to between 867 cents and 903 cents based on weighted average number of shares in issue of 189 529 000 (1H F2016: 217 550 000). The decrease in the weighted average number of shares in issue at 31 December 2016 in comparison to 31 December 2015, results from the restructuring of the ARM Broad- Based Economic Empowerment Trust as more fully explained in the announcement issued by ARM on the Stock Exchange News Service of the JSE on 19 August 2016.



Headline earnings reported for 1H F2016 were R507 million, while headline earnings per share were 233 cents. ARM?s 1H F2017 basic earnings were negatively impacted mainly by (i) an attributable impairment of the Nkomati assets of R711 million after tax, (ii) an attributable impairment of the Modikwa Platinum Mine assets of R734 million after tax and non- controlling interest and (iii) an attributable impairment loss on investment of R422 million within the Assmang Joint Venture related to the sale of Dwarsrivier. The basic loss per share for 1H F2017 is expected to improve by between 69% and 75% to a basic loss per share of between 115 cents and 140 cents.



The basic loss reported for 1H F2016 was R996 million, while the basic loss per share was 458 cents.



The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM.



The company?s 1H F2017 interim financial results will be released on 16 March 2017.







14-Feb-2017
(Official Notice)
African Rainbow Minerals Ltd. announces a change to the executive responsibilities of a director.



Notification is hereby given that with effect from 14 February 2017, Mr Thando Mkatshana, an executive director of the company, has been appointed as chief executive of ARM Platinum, and Mr Francois Uys has been appointed as chief executive of ARM Copper and ARM Coal. Mr Mkatshana remains an executive director of the company.



05-Dec-2016
(Official Notice)
The Company advised that Kobus M?ller has been appointed to the Board of Directors of ARM as an independent non-executive director with effect from 1 January 2017.
05-Dec-2016
(Official Notice)
The shareholders of ARM (?Shareholders?) are advised that at the annual general meeting of Shareholders (?Annual General Meeting?) held on Friday, 2 December 2016, in terms of the notice of Annual General Meeting distributed to Shareholders on Monday, 31 October 2016, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy.
31-Oct-2016
(Official Notice)
Shareholders are advised that the Company`s 2016 Integrated Annual Report (including the 2016 Group Annual Financial Statements) and the 2016 Company Annual Financial Statements have been distributed to shareholders on Monday, 31 October 2016 and contain no changes to the reviewed provisional results which were published on 8 September 2016. The Company`s auditors, Ernst - Young Inc., have audited the annual financial statements for the Company and the Group and their unqualified reports are available for inspection at the Company`s registered office. The 2016 Integrated Annual Report (including the 2016 Group Annual Financial Statements) and the 2016 Company Annual Financial Statements will be available on the Company`s website www.arm.co.za from Monday, 31 October 2016.



Notice is hereby given that the 83rd Annual General Meeting of shareholders of the Company will be held in Boardrooms 6/7, Sandton Convention Centre (at the corner of Fifth and Maude Streets), Sandton on Friday, 2 December 2016 at 14:00 (South African time), to transact the business as stated in the notice of annual general meeting forming part of the 2016 Integrated Annual Report.



The record date for shareholders to be entitled to receive the notice of Annual General Meeting is Friday, 21 October 2016. Friday, 25 November 2016 is the record date on which shareholders must be recorded as such in the register maintained by the transfer secretaries of the Company for the purposes of being entitled to participate in and vote at the Annual General Meeting (?voting record date?). Therefore, Tuesday, 22 November 2016 is the last day to trade in the Company?s shares in order to be recorded as a shareholder by the voting record date.



Shareholders are further advised that they may also access the 2016 Integrated Annual Report (including the 2016 Group Annual Financial Statements) and the 2016 Company Annual Financial Statements on the Company?s website or alternatively obtain copies of these documents from the Company?s registered office.
08-Sep-2016
(C)
Revenue for the year decreased to R9.6 billion (2015: 10.2 billion). Gross profit lowered to R598 million (2015: R1.4 billion), loss for the year attributable to equity holders of ARM amounted to R565 million (2015: profit of R104 million), while headline earnings per share fell to 494 cents per share (2015: 803 cents per share).



Dividend

A gross dividend of 225 cents per ordinary share, being the dividend for the year ended 30 June 2016 has been declared payable on Monday, 3 October 2016.



Outlook

The past year has seen a good response by ARM's operations to the current low commodity price environment, specifically in the areas of cost containment and prudent planning of capital expenditure. Mining companies globally have responded to the prevailing market supply/demand dynamics by reviewing and in many instances reducing supply of commodities. This response has not been as evident from mines operating in countries where a weak currency has to some extent protected revenue and US Dollar unit costs. These supply-side responses appear to have resulted in the apparent bottoming in US Dollar commodity prices.



It is evident that some of the biggest impacts on commodity prices result from global macro-economic events such as "Brexit" and policy decisions especially in the US, China and in the Eurozone. ARM and other mining companies respond by means of a greater focus being applied to ensure that the controllable areas in mining such as costs, volumes, capital expenditure and working capital are well managed. ARM is focused on (i) positioning its operations to remain or to move below the 50th percentile of the global unit cost curve, (ii) addressing mining production to ensure that technical and processing efficiencies are optimised, (iii) placing under review those operations which do not have the ability to operate profitably in the next three years and (iv) considering future growth opportunities both by way of mergers and acquisitions as well as by organic growth. ARM remains confident about the long-term future of the mining industry.

19-Aug-2016
(Official Notice)
ARM?s headline earnings for the financial year ended 30 June 2016 (F2016) were negatively affected by a decline in the average US Dollar commodity prices realised for all the commodities which ARM produces, partly offset by the positive impact of a weaker average Rand/US Dollar exchange rate. Cost control initiatives resulted in unit production costs at most operations being well contained and in some instances being reduced in comparison to the previous corresponding period (F2015).



The restructuring of the ARM Broad-Based Economic Empowerment Trust (the Trust) was completed on 22 April 2016. As part of this restructuring, the Trust (which previously owned 28.6 million ARM shares) sold 12.7 million ARM shares to a wholly-owned subsidiary of ARM. Following completion of this transaction, the number of shares used in any calculation of ?per share? information will exclude both the ARM shares held by the wholly-owned subsidiary and those owned by the Trust. As this change was effective from 22 April 2016 it only proportionately impacts F2016 weighted average number of shares in issue. The weighted average number of shares in issue at 30 June 2016 used in the calculation of per share information included in this trading statement is therefore 212 990 000 shares (F2015: 217 232 000 shares).



Accordingly, ARM announces that headline earnings per share for F2016 are expected to decrease by between 36% and 41% compared to F2015 to between 475 cents and 510 cents (F2015: 803 cents). ARM?s F2016 basic earnings were largely impacted by an attributable impairment of the Lubambe Copper Mine assets of R1 404 million after non-controlling interest as reported in the results for the six months ended 31 December 2015. Basic earnings per share are therefore expected to decline to a basic loss per share of between 255 cents and 275 cents (F2015: 48 cents profit).



The Company?s F2016 provisional financial results will be released on 8 September 2016.
29-Jul-2016
(Official Notice)
ARM shareholders are referred to the announcement released on the Stock Exchange News Service of the JSE Ltd. on 25 June 2015, in which they were advised that ARM and Assore Ltd. (?Assore?) had concluded definitive agreements for ARM?s disposal of its 50% indirect interest in the Dwarsrivier Chrome Mine (?Dwarsrivier?), held through Assmang (Pty) Ltd. (?Assmang?), to Assore for an amount of ZAR450 million (the ?Transaction?).



ARM advised that the conditions precedent to the Transaction have been fulfilled. The Transaction will accordingly be completed on 29 July 2016.



Assore will also refund Assmang an amount of approximately ZAR55 million for additional funding advanced to Dwarsrivier?s operations by Assmang between 1 July 2014 and 30 June 2016, in accordance with the terms of the Transaction.
22-Apr-2016
(Official Notice)
Shareholders of ARM ("Shareholders") are referred to the announcements released on the Stock Exchange News Service of the JSE Ltd. on Monday, 15 February 2016, Friday, 11 March 2016 and Wednesday, 13 April 2016 regarding the proposed specific repurchase by a wholly-owned subsidiary of ARM, Opilac (Pty) Ltd. ("Opilac" or "Subco"), of approximately 12.7 million ARM ordinary shares ("ARM Shares") held by the ARM Broad-Based Economic Empowerment Trust (the "Trust") and the provision of a subordinated unsecured loan by ARM to the Trust (the "Proposed Restructuring") and are advised that all the conditions precedent relating to the Proposed Restructuring have now been fulfilled. Accordingly the Proposed Restructuring has become unconditional.



Shareholders are further advised in accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Ltd. Listings Requirements, that ARM has received formal notifications from:

- the Trust, that it has disposed of a beneficial interest of 5.83% of ARM Shares such that the total of all beneficial interests of the Trust are now 7.29% of the total issued ARM Shares; and

- Opilac (Subco), that it has acquired a beneficial interest of 5.83% of ARM Shares such that the total of all beneficial interests of Opilac (Subco) is now 5.83% of the total issued ARM Shares.
13-Apr-2016
(Official Notice)
Shareholders of ARM (?Shareholders?) are referred to the announcements released on the Stock Exchange News Service of the JSE Limited on Monday, 15 February 2016 and Friday, 11 March 2016 regarding the proposed specific repurchase by a wholly-owned subsidiary of ARM (?Subco?) of approximately 12.7 million ARM ordinary shares ("ARM Shares") held by the ARM Broad-Based Economic Empowerment Trust (the "Trust") and the provision of a subordinated unsecured loan by ARM to the Trust (?the Proposed Restructuring?).



At the general meeting of Shareholders held today, Wednesday, 13 April 2016, in terms of the notice of general meeting distributed to Shareholders on Friday, 11 March 2016, all the special and ordinary resolutions proposed in relation to the Proposed Restructuring were passed by the requisite majority of votes.



The total number of shares voted in person or by proxy at the general meeting was 177 151 506 ARM Shares, representing 81.27% of ARM?s issued share capital and 93.55% of the votable ARM Shares as at Friday, 8 April 2016, being the Voting Record Date.
14-Mar-2016
(Media Comment)
Business Day reported that ARM has called on its shareholders to support a plan to protect its black economic empowerment (BEE) status. The ARM broad-based economic empowerment (BBEE) trust holds 13.13% of the mining house. It has needed repeated guarantees from ARM and Harmony Gold to support a loan from Nedbank to buy 28.6-million ARM shares from Harmony in 2005.



ARM is protecting its balance sheet in a difficult global commodity market and seeking protection from possible ramifications of a court case brought by the Chamber of Mines seeking a declaratory order on the concept of once-empowered, always-empowered, which it argues is the correct interpretation of the Mining Charter. The department argues that declines in empowerment ownership below the target of 26% by the end of 2014 must be topped up and black ownership maintained at that level.



It is planning a shareholder meeting on April 13 to change its empowerment structure.

11-Mar-2016
(Official Notice)
Shareholders of ARM (?ARM Shareholders?) are referred to the announcement released on the Stock Exchange News Service of the JSE on Monday, 15 February 2016 regarding the proposed specific repurchase by Subco, a wholly-owned subsidiary of ARM, of approximately 12.7 million ARM ordinary shares held by the ARM Broad-Based Economic Empowerment Trust (?the Trust?) and the provision of a subordinated unsecured loan by ARM to the Trust (?the proposed restructuring?). ARM Shareholders are advised that the circular detailing the terms of the proposed restructuring, including a notice of general meeting (?the Circular?), was posted to ARM Shareholders.



The general meeting of ARM Shareholders will be held, subject to any cancellation, postponement or adjournment, on Wednesday, 13 April 2016 in Boardrooms 6 and 7 at the Sandton Sun Hotel, Corner of Fifth Street and Alice Lane, Sandton, 2196 at 11:00 SA time, to consider and, if deemed fit, pass, with or without modification, the special and ordinary resolutions set out in the notice of general meeting attached to the Circular.



The record date for determining which ARM Shareholders are entitled to participate in and vote at the general meeting is Friday, 8 April 2016. Accordingly, the last day to trade in order to be eligible to participate in and vote at the general meeting will be Friday, 1 April 2016. A copy of the Circular is also available on the Company's website at www.arm.co.za
11-Mar-2016
(C)
Revenue for the interim period lowered to R4.708 billion (2014: R5.210 billion), gross profit fell to R208 million (2014: R818 million), loss for the period attributable to equity holders of ARM came in at R996 million (2014: profit of R801 million), while headline earnings per share decreased to 233 cents per share (2014: 473 cents per share).



Outlook

The significant fall in US Dollar commodity prices continued during the reporting period as producers took longer than anticipated to remove high-cost production across most commodities. Since the end of the reporting period there have, however, been increasing indications of further cuts to mining production and closures of operations globally. For the short to medium term, notwithstanding that commodity prices appear to be stabilising at current levels, ARM is guiding its operations to continue with cost cutting initiatives, technical innovation and capital expenditure reviews to ensure that operational profits and cash flows are optimised and that where shareholder funding is required, this is minimised.



ARM is critically reviewing non-performing operations and assessing whether these have potential to achieve improved results in the future, especially those operations which are positioned above the 50th percentile of the global cost curve. With relatively low gearing and an attractive long-life asset portfolio, ARM is well positioned to continue assessing opportunities to grow.



ARM invests into mines for the long term and has long-life mines. ARM is positive about a future recovery in commodity prices and therefore believes that all steps taken now to improve productivity, unit costs and profitability will position the company well into the future.
03-Mar-2016
(Official Notice)
Shareholders are referred to the trading statement released on the Stock Exchange News Service of the JSE Limited on 11 December 2015 whereby shareholders were advised that headline earnings and basic earnings to be reported on for the six months ended 31 December 2015 (1H F2016) would be at least 20% lower than those of the previous corresponding period.



The company and its directors are satisfied that a reasonable degree of certainty exists to provide shareholders with an update of the likely range by which the company?s headline earnings per share and basic earnings per share are expected to decrease.



ARM?s 1H F2016 headline earnings were negatively affected by a decline in US Dollar commodity prices for all the commodities which ARM produces. The lower US Dollar prices were partly offset by a weaker average Rand/US Dollar exchange rate. Most of ARM?s operations delivered good unit

cost control.



Accordingly, ARM announces that headline earnings per share for 1H F2016 are expected to decrease by between 50% and 53% to between 222 cents and 238 cents (1H F2015: 473 cents).



ARM?s 1H F2016 basic earnings were largely impacted by the following special item:

*An impairment of assets at the Lubambe Copper Mine mainly as a result of a revision to (i) the short to medium term copper price outlook, (ii) the mining plan and (iii) the discount rate used in the valuation.



Basic earnings per share are therefore expected to decline by between 219% and 242% to a basic loss per share of between 440 cents and 525 cents (1H F2015: 369 cents profit).



The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM.



The company?s 1H F2016 results will be released on 11 March 2016.



15-Feb-2016
(Official Notice)
11-Dec-2015
(Official Notice)
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 a reasonable degree of certainty exists 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.



ARM?s headline earnings for the six months ended 31 December 2015 are currently anticipated to be at least 20% (R205 million) less than those for the same period in the previous financial year.



Headline earnings per share are anticipated to be at least 20% (95 cents) less than those for the same period in the previous financial year.



Headline earnings reported for the six months ended 31 December 2014 were R1 026 million, while headline earnings per share were 473 cents.



The decrease in headline earnings is mainly due to the fall in US Dollar commodity prices in comparison to those achieved in the previous period. The lower US Dollar prices are partially offset by the weaker exchange rate during the period. ARM?s basic earnings for the six months ended 31 December 2015 are currently anticipated to be at least 20% (R160 million) less than those for the same period in the previous financial year. Basic earnings per share are anticipated to be at least 20% (74 cents) less than those for the same period in the previous financial year.



Basic earnings reported for the six months ended 31 December 2014 were R801 million, while basic earnings per share were 369 cents.



ARM?s basic earnings are expected to be negatively impacted by an unrealized mark-to-market loss on its Harmony Gold Mining Company Ltd (?Harmony?) investment due to the fall in the Harmony share price below the previously reported level of R15.59 per share, below which further mark-to-market adjustments through the income statement would be required.



Shareholders are advised that a further trading statement will be issued as soon as there is a reasonable degree of certainty as to the likely range within 20%, by which the Company?s headline earnings per share and basic earnings per share are expected to decrease. The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM. The Company?s interim results will be released in March 2016.

07-Dec-2015
(Official Notice)
The shareholders of ARM (?Shareholders?) are advised that at the annual general meeting of Shareholders (?Annual General Meeting?) held on Friday, 4 December 2015, in terms of the notice of Annual General Meeting distributed to Shareholders on Tuesday, 3 November 2015, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy.
03-Nov-2015
(Official Notice)
Shareholders are advised that the Company`s 2015 Integrated Annual Report, containing the annual financial statements for the year ended 30 June 2015, has been distributed to shareholders on Tuesday, 3 November 2015 and contains no changes to the reviewed provisional results which were published on 4 September 2015. The Company`s auditors, Ernst - Young Inc., have audited the annual financial statements and their unqualified report is available for inspection at the Company`s registered office. The 2015 Integrated Annual Report will be available on the Company`s website www.arm.co.za from Tuesday, 3 November 2015.



Notice is hereby given that the 82nd Annual General Meeting of shareholders of the Company will be held in the Tau Room, Hilton Hotel Sandton, 138 Rivonia Road, Sandton on Friday, 4 December 2015 at 14:00 (South African time), to transact the business as stated in the notice of annual general meeting forming part of the 2015 Integrated Annual Report.



The record date for shareholders to be entitled to receive the notice of annual general meeting is Friday, 23 October 2015. Friday, 27 November 2015 is the record date on which shareholders must be recorded as such in the register maintained by the transfer secretaries of the Company for the purposes of being entitled to participate in and vote at the Annual General Meeting (?voting record date?). Therefore, the last day to trade in the Company?s shares in order to be recorded as a shareholder by the voting record date is Friday, 20 November 2015.



Shareholders are further advised that they may also access the 2015 Integrated Annual Report on the Company?s website or alternatively obtain a copy of the 2015 Integrated Annual Report from the Company?s registered office.
04-Sep-2015
(C)
Revenue for the year decreased to R10.227 billion (2014: R10.863 billion). Gross profit lowered to R1.409 billion (2014: R2.473 billion), profit for the year attributable to equity holders of ARM dropped to R104 million (2014: R3.289 billion), while headline earnings per share fell to 803 cents per share (2014: 1 900 cents per share).



Dividends

The Board has approved and declared an annual dividend of 350 cents per share (gross) in respect of the year ended 30 June 2015 (F2014: 600 cents per share). The amount to be paid is approximately R761 million.



Outlook

Since ARM's interim results were published in March this year the downward pressure on commodity prices has continued for most of the commodities that ARM produces. Rand weakness against the US Dollar has assisted to partly set off the decline in commodity prices.



ARM has proactively responded to this challenging environment through a number of initiatives reported earlier in this report and will continue to review all operations with a view to improve profitability and cash flow. In particular, capital expenditure is to be curtailed as far as possible without negatively impacting on the sustainability of operations. The Black Rock Project will for the immediate future only continue with essential expenditure required to upgrade infrastructure and reduce the cost of production.



Commodity prices continue to be negatively impacted by the state of the global economy and by an oversupply of commodities. Notwithstanding the continued absolute growth in China, concerns are that as the Chinese economy moves to becoming more consumer-led, demand for some commodities is expected to decline. The current oversupply of certain commodities is expected to be addressed by the normal market supply/demand responses over the next two to three years. Until such time the business environment for mining will remain challenging and US Dollar prices are expected to be low for longer in certain commodities.



ARM invests in mines and mining operations for the long-term and has long-life mines. ARM is positive about a future recovery in commodity prices and therefore believes that all steps taken now to improve productivity, unit costs and profitability will position the company well in the future. As a globally competitive company ARM is committed to paying dividends while funding efficiency improvements and sustaining production.
27-Aug-2015
(Official Notice)
25-Jun-2015
(Official Notice)
12-Jun-2015
(Official Notice)
ARM?s headline earnings for the year ending 30 June 2015 are currently anticipated to be at least 45% (R1 849 million) less than those for the same period in the previous financial year.



Headline earnings per share are anticipated to be at least 45% (855 cents) less than those for the same period in the previous financial year.



Headline earnings reported for the year ended 30 June 2014 were R4 108 million, while headline earnings per share were 1 900 cents.



The decrease in headline earnings is largely due to the decline in US Dollar commodity prices compared to those achieved in the previous comparable period, especially for iron ore. The lower US Dollar prices are partially offset by a weaker Rand/ US Dollar exchange rate during the period.



ARM?s basic earnings are currently expected to be negatively impacted by:

* an unrealised mark-to-market loss on the Harmony Gold Mining company Limited (?Harmony?) investment due to a decline in the Harmony share price below the level reported as at 31 December 2014 of R21.61 per share, below which further mark-to-market adjustments through the income statement would be required; and

* the impairment of an operating furnace at Machadodorp Works as reported for the six months ended 31 December 2014.



Basic earnings reported for the year ended 30 June 2014 were R3 289 million, while basic earnings per share were 1 521 cents. Accordingly, ARM announces that basic earnings for the year ending 30 June 2015 are anticipated to be at least 55% (R1 809 million) less than those for the same period in the previous financial year. Basic earnings per share are anticipated to be at least 55% (837 cents) less than those for the same period in the previous financial year.



Shareholders are advised that a further trading statement will be issued as soon as there is a reasonable degree of certainty as to the likely range within 20%, by which the company?s headline earnings per share and basic earnings per share are expected to decrease.



The company?s provisional results will be released in September 2015.
13-Apr-2015
(Official Notice)
ARM regrets to advise that two employees were fatally injured in an incident at the Khumani Iron Ore Mine on Sunday, 12 April 2015. The Khumani Iron Ore Mine is owned by Assmang (Pty) Ltd., which is jointly owned by ARM and Assore Ltd. Production at the mine has since been halted and the incident is currently being investigated.
16-Mar-2015
(C)
Revenue for the interim period rose to R5.210 billion (2013: R4.983 billion). Gross profit lowered to R818 million (2013: R1.024 billion), while profit for the period attributable to equity holders of ARM dropped to R801 million (2013: R1.714 billion). Furthermore, headline earnings per share decreased to 473cps (2013: 1 084cps).



Outlook

ARM is invested into mining for the long term and understands that within that longer period commodity prices are cyclical. ARM's strategy is developed to focus on the long term while still allowing short and medium term interventions to address cyclical issues when necessary. ARM is responding proactively to the current challenges in the mining industry. These are largely characterised by declines in US Dollar commodity prices, cost pressures and labour issues.



The key areas under review by ARM include:

* Restructuring of existing mining plans to optimise profitability from operations under the prevailing business circumstances;

* Improving productivity at all operations;

* Reviewing all capital allocations and reducing or deferring capital expenditure;

* Reducing costs at both operational and corporate level;

* Using technology to enhance efficiencies;

* Focusing on maintaining/improving planned cash flows by the abovementioned methods and also by increasing focus on working capital management;

* Maintaining good labour and stakeholder relations at all operations; and

* Considering the curtailment or exit from operations which are not profitable.



The global economy which utilises ARM's commodities continues to show different growth rates. The Chinese economy continues to grow significantly in absolute terms, however, given the larger base is slowing down in percentage terms. The US economy has continued to improve while growth in Europe and Japan is expected to recover gradually.



The current business environment is expected to remain challenging for the next two to three years and as a result the key focus for ARM is to maintain a prudent approach to managing its businesses, maximising cash flows while continuing to consider value enhancing merger and acquisition opportunities, particularly in platinum and copper.
02-Mar-2015
(Official Notice)
Notice is hereby given in terms of paragraph 3.59(c) of the JSE Ltd. Listings Requirements that Dr M M M Bakane-Tuoane will cease to be the Lead Independent Non-executive Director of the board of directors of the Company (the ?Board?) with effect from 2 March 2015. Dr Bakane-Tuoane was also the Chairman of both the Nomination Committee and the Non-executive Directors? Committee of the Company as required by the principles of King III: Report on Governance for South Africa 2009 (?King III?).



She will therefore cease to be the Chairman of the Nomination Committee and the Chairman of the Non-executive Directors? Committee of the Company, with effect from 2 March 2015. Dr Bakane-Tuoane, an existing Remuneration Committee member, has been appointed by the Board to serve the Company as the Chairman of the Remuneration Committee with effect from 2 March 2015 and will continue as a member of the Nomination Committee and the Non- executive Directors? Committee. The Board conveys its appreciation to Dr Bakane- Tuoane for her leadership in these roles.



The Board is pleased to announce the appointment of Mr A K Maditsi, an Independent Non-executive Director of the Company, as the Lead Independent Non- executive Director of the Board as well as the Chairman of the Nomination Committee and the Chairman of the Non-executive Directors? Committee of the Company, with effect from 2 March 2015. Applying the principles of King III, Mr Maditsi will cease to be the Chairman of the Remuneration Committee of the Company with effect from 2 March 2015. Mr Maditsi will remain a member of the Remuneration Committee.
27-Feb-2015
(Official Notice)
ARM and Assore have reached an in principle agreement on ARM?s disposal of its effective 50% interest in the Dwarsrivier Chrome Mine (?Dwarsrivier?) to Assore (the ?Transaction?).



Dwarsrivier is currently an operation of Assmang (Pty) Ltd. (?Assmang?) which is jointly owned by ARM and Assore.



Pursuant to the implementation of the Transaction, Assore will own an effective 100% interest in Dwarsrivier.



The implementation of the Transaction is subject to the execution of definitive agreements and the receipt of relevant regulatory approvals.



The ARM Board of Directors has approved the disposal of Dwarsrivier as primary chrome ore production does not form part of ARM?s future commodity portfolio.



The Transaction is not a categorised transaction in terms of the JSE Ltd. Listings Requirements.
20-Feb-2015
(Official Notice)
Shareholders are referred to the trading statement released on the Stock Exchange News Service of the JSE Limited on 3 December 2014 whereby shareholders were advised that headline earnings and basic earnings to be reported on for the six months ended 31 December 2014 (1H F2015) would be lower by at least 45% and 55%, respectively, than those of the prior corresponding period. The Company and its directors are satisfied that a reasonable degree of certainty exists to provide shareholders with a likely range by which the Company?s headline earnings per share and basic earnings per share are expected to decrease.



ARM?s 1H F2015 headline earnings were negatively affected by a decline in US Dollar export commodity prices, especially for iron ore. The lower US Dollar prices were partially offset by a weaker average Rand/US Dollar exchange rate during the six month period.



Accordingly, ARM announces that headline earnings per share for 1H F2015 are expected to decrease by between 55% and 58% to between 455 and 490 cents per share (1H F2014: 1 084 cents per share). ARM?s 1H F2015 basic earnings were impacted by an unrealised mark-to-market loss on the Harmony Gold Mining Company Limited investment due to the fall in the Harmony share price below the previously reported level of R25.90 per share. The basic earnings per share are therefore expected to decline by between 52% and 55% to between 360 and 380 cents per share (1H F2014: 794 cents per share).



The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM. The Company?s interim results will be released on 16 March 2015.

06-Feb-2015
(Official Notice)
ARM announced a change to the Board of Directors and executive management.



In terms of paragraph 3.59 of the JSE Ltd. Listings Requirements, notification is hereby given that with effect from 6 February 2015, Mr Daniel Vusimusi Simelane has resigned as the Chief Executive of ARM Copper and as Executive Director of the Company, to pursue other interests.



Mr Thando Mkatshana, who currently is the Chief Executive of ARM Coal, has been appointed as the Chief Executive of ARM Copper and an Executive Director of the Company with effect from 7 February 2015. Mr Mkatshana will also continue as the Chief Executive of ARM Coal.
05-Dec-2014
(Official Notice)
ARM shareholders are advised that at the annual general meeting of shareholders of ARM held on Friday, 5 December 2014 (Annual General Meeting), all the ordinary and special resolutions, as set out in the Notice of Annual General Meeting forming part of the Company?s 2014 Integrated Annual Report were passed by the requisite majority of votes of shareholders present in person or represented by proxy. There were 217 370 916 ordinary shares in issue as at the voting record date.

03-Dec-2014
(Official Notice)
ARM?s headline earnings for the six months ended 31 December 2014 are anticipated to be at least 45% (R1 053 million) less than those for the same period in the previous financial year. Headline earnings per share are anticipated to be at least 45% (488 cents) less than those for the same period in the previous financial year.



Headline earnings reported for the six months ended 31 December 2013 were R2 341 million, while headline earnings per share were 1 084 cents. The decrease in headline earnings is largely attributable to the fall in US Dollar export commodity prices in comparison to those achieved in the previous period, especially for iron ore, partially offset by a weaker exchange rate during the period.



ARM?s basic earnings are expected to be negatively impacted by an unrealized mark-to-market loss on its Harmony Gold Mining Company Limited (?Harmony?) investment due to the fall in the Harmony share price below the previously reported level of R25.90 per share, below which further mark- to-market adjustments through the income statement would be required. Based on the current Harmony share price of approximately R18.44 per share the basic earnings for the period to 31 December 2014 will be reduced by an income statement charge of approximately R385 million after tax. This calculation will only be finalised based on the Harmony share price on 31 December 2014.



Basic earnings reported for the six months ended 31 December 2013 were R1 714 million, while basic earnings per share were 794 cents. Accordingly, ARM announces that basic earnings for the six months ended 31 December 2014 are anticipated to be at least 55% (R943 million) less than those for the same period in the previous financial year. Basic earnings per share are anticipated to be at least 55% (437 cents) less than those for the same period in the previous financial year.



Shareholders are advised that a further trading statement will be issued as soon as there is a reasonable degree of certainty as to the likely range within 20%, by which the Company?s headline earnings per share and basic earnings per share are expected to decrease. The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM. The Company?s interim results will be released in March 2015.

04-Nov-2014
(Official Notice)
Shareholders are advised that the Company's 2014 Integrated Annual Report, containing the annual financial statements for the year ended 30 June 2014, has been distributed to shareholders on Tuesday, 4 November 2014 and contains no modifications to the reviewed provisional results which were published on Thursday, 4 September 2014. The Company's auditors, Ernst - Young Inc., have audited the annual financial statements and their unqualified report is available for inspection at the Company's registered office. The 2014 Integrated Annual Report will be available on the Company's website www.arm.co.za from Tuesday, 4 November 2014.



Notice was given that the 81st Annual General Meeting of shareholders of the Company will be held in Boardroom 6/7, Sandton Convention Centre, 161 Maude Street (at the corner of Fifth and Maude Streets), Sandton on Friday, 5 December 2014 at 14:00 (South African time), to transact the business as stated in the notice of annual general meeting forming part of the 2014 Integrated Annual Report.
04-Sep-2014
(C)
Revenue for the year shot up to R10.9 billion (2013: R8.2 billion). Gross profit increased to R2.5 billion (2013: R1.5 billion), profit for the year jumped to R3.5 billion (2013: R1.8 billion), while profit attributable to equity holders of ARM strengthened to R3.3 billion (2013: R1.6 billion). Furthermore, headline earnings per share improved to 1 900cps (2013: 1 735cps).



Dividends

The ARM Board has approved and declared an eighth annual dividend of 600cps (gross) in respect of the year ended 30 June 2014 (2013: 510cps). The amount to be paid is approximately R1 300.5 million.



Outlook

Volatility in currencies and commodity prices continued in the financial year with most commodities facing supply related headwinds. There was a sharp decline in iron ore and manganese ore prices in the third quarter of the financial year. ARM produces high quality iron ore and manganese ore which even in the currently challenging market remains in strong demand. ARM differentiates itself by ensuring a consistent supply of high quality product, the premiums of which are expected to increase as pollution concerns in China are addressed. Transnet's Market Demand Strategy (MDS) which will result in an increase in bulk commodity export capacity for South Africa presents an opportunity to further optimise ARM's iron ore and manganese ore operations.



As the United States and some European countries continue to show signs of improved economic health and China remains supportive of demand for the commodities that the company produce, ARM's diversified portfolio positions it well to participate in both emerging and developed markets. Appropriate capital and effort are also being allocated to improving productivity at ARM's existing operations. This is key as part of our commitment to ensure that all operations are positioned below the 50th percentile of each commodity's global cost curve. Improvements in efficiencies have so far been achieved through volume growth, plant optimisations and continuous training of the company's people.



ARM remains confident about the future and continues to build a sustainable portfolio of mining assets that creates value for all shareholders and stakeholders.
19-Aug-2014
(Official Notice)
ARM's basic earnings for the financial year ended 30 June 2013 (F2013) were negatively affected by exceptional items amounting to R2.1 billion after tax. In the 2014 financial year however, exceptional items were considerably lower than F2013.



Accordingly, ARM announces that basic earnings per share for the 2014 financial year are expected to increase to between 1 460 and 1 580 cents per share (F2013: 654 cents per share). Headline earnings per share are not affected by exceptional items and are expected to increase to between 1 830 and 1 950 cents per share (F2013: 1 735 cents per share).



The financial information on which this trading statement is based has neither been reviewed nor reported on by the external auditors of ARM. The company's provisional results will be released on Thursday, 4 September 2014.

04-Jun-2014
(Official Notice)
ARM announced that an employee was fatally injured in an underground accident at their jointly owned Modikwa Platinum Mine on 03 June 2014.
29-Apr-2014
(Official Notice)
Assmang has entered into a Share Subscription Agreement with IronRidge Resources Ltd. (IronRidge), an Australian registered company that is currently focused on the exploration of its iron ore prospecting licences in Gabon. In terms of the Share Subscription Agreement, Assmang has subscribed for a 19.9% equity interest in IronRidge for a consideration of GBP11.74million. The subscription will be completed pursuant to the fulfilment of certain conditions, which include the admission of IronRidge to the Alternative Investment Market (AIM) of the London Stock Exchange plc.



IronRidge holds three prospecting licenses in Gabon, covering approximately 5 352km2, the exploitation of which could potentially create world class iron ore mining projects. The Tchibanga and Tchibanga North license areas in Gabon are located about 60km from the coast and the port of Mayumba. The Belinga Sud license area lies within 140km of Booue town on the Trans-Gabon railway.



All the above opportunities are early-stage. The ARM and Assore boards of directors however believe in the long-term potential of IronRidge. Its interest in the company offers Assmang exposure to some of West Africa's promising iron ore opportunities and could facilitate Assmang's long-term access to high grade iron ore with competitive capital and operating costs.



This investment in IronRidge forms an important component of ARM and Assore's objectives to evaluate, secure and develop long-term, value enhancing, strategic investments on the African continent and elsewhere.
07-Mar-2014
(C)
Sales increased to R4.6 billion (R3.6 billion). Gross profit rose to R1 billion (R794 million). Net attributable profit improved to R1.7 billion (R1.4 billion). In addition, headline earnings per share grew to 1 084cps (654cps).



Outlook

Commodity prices and currencies continued to be volatile as a result of global economic developments particularly in the US, China and Europe. The positive impact of the economic recovery in the US has been tempered by the announced reductions in the central bank bond repurchase programme. The Chinese economy remains supportive of demand for the commodities that ARM produces. During the period under review, the price for iron ore has remained stable and was well above the price in the corresponding period last year. It is expected that iron ore demand will remain robust especially for higher grade quality ore.



The South African mining industry is being challenged by rising costs especially for labour, fuel and power costs. ARM is focussing on controlling costs to ensure that its operations continue to be positioned below the 50th percentile of the global costs curves. This is a core value driver in ARM's business. ARM's operations strive to improve productivity through continuous training, technical innovation and improvements in mining efficiencies. Stakeholder relationships are approached on an inclusive basis.



ARM is also pursuing quality growth both in the existing portfolio of assets and through acquisitions to further improve cost performance. ARM's acquisition criteria is based on ARM's strategy of being an owner operator of long-life, low unit cost operations. Transnet's Market Demand Strategy, which will see the expansion of South Africa's iron ore and manganese ore export capacity, allows ARM to expand and optimise its iron ore and manganese ore operations. Growth in ARM's iron ore and manganese ore production will be aligned with Transnet's expansion plans. ARM's financial position allows ARM to pursue value adding acquisitive growth. ARM remains confident about the future and continues to build a diversified portfolio of mining assets that creates value for its shareholders and all stakeholders.
20-Feb-2014
(Official Notice)
ARM announced that headline earnings per share for the six months ended 31 December 2013 are expected to increase to between 1 025 and 1 130 cents per share (six months ended 31 December 2012: 654 cents per share).



The increase in headline earnings is mainly as a result of higher realised US Dollar prices for iron ore and a weakening of the Rand versus the US Dollar. This was partially offset by a reduced contribution from the Participating Coal Business ("PCB") operations which resulted from lower production and above inflation cost increases. Delays experienced in the ramp-up of the Lubambe Copper Mine have also had a negative effect on the results for the period.



An unrealised mark-to-market loss on the Harmony Gold Mining company Ltd. investment impacted ARM's basic earnings which are expected to be between 760 and 820 cents per share (six months ended 31 December 2012: 654 cents per share).



The company adopted certain changes to its accounting policies, following changes to the International Financial Reporting Standards ("IFRS"). These changes affect disclosures made in the company's consolidated financial statements but do not affect the earnings of the company as previously reported.



The company's interim results will be released on Friday, 7 March 2014.
06-Dec-2013
(Official Notice)
ARM shareholders are advised that at the annual general meeting of shareholders of ARM held on Friday, 6 December 2013, all the ordinary resolutions and special resolutions as set out in the Notice of Annual General Meeting included in the 2013 Integrated Annual Report, which was distributed to shareholders on Monday, 4 November 2013, were approved by the requisite majority of shareholders present in person or represented by proxy. At the above-mentioned annual general meeting of shareholders, the Company announced that Mr Thomas A Boardman had been appointed by the Board of Directors of ARM as the chairman of the audit and risk committee to succeed Mr Michael W King who had retired due to his age with effect from the conclusion of this annual general meeting. Special resolution number 7 relating to the amendments to the Company's Memorandum of Incorporation together with a copy of the amendments to the Memorandum of Incorporation will be submitted to the Companies and Intellectual Property Commission for filing.

04-Nov-2013
(Official Notice)
Shareholders are advised that the company's 2013 Integrated Annual Report, containing the annual financial statements for the year ended 30 June 2013, has been distributed to shareholders on Monday, 4 November 2013 and contains no modifications to the reviewed provisional results which were published on 2 September 2013. Notice was also given that the 80th Annual General Meeting of shareholders of the Company will be held in Boardroom 6/7, Sandton Convention Centre, 161 Maude Street at the corner of Fifth and Maude Streets, Sandton on Friday, 6 December 2013 at 14:00 (South African time), to transact the business as stated in the notice of annual general meeting forming part of the 2013 Integrated Annual Report.



Friday, 29 November 2013 is the record date on which shareholders must be recorded as such in the register maintained by the transfer secretaries of the Company for the purposes of being entitled to participate in and vote at the Annual General Meeting. Therefore, Friday, 22 November 2013 is the last day to trade to be registered in the Company's register.
16-Sep-2013
(Media Comment)
According to Business Day, ARM is anticipated to buy the 50% stake in Nkomati Nickel currently on sale by Russia's Norilsk Nickel. Nkomati is a 50-50 joint venture between Norilsk and ARM thus giving ARM right of first refusal on Norilsk's 50% shareholding. However, ARM could not elaborate further on their plans.
02-Sep-2013
(C)
Revenue grew to R20.5 billion (R18.1 billion) and gross profit rose to R6.7 billion (R6.1 billion). Profit from operations before exceptional items increased to R5.5 billion (R5.2 billion). Profit attributable to equity holders fell to R1.6 billion (R3.4 billion). Furthermore, headline earnings per share jumped to 1 735 cents per share (1 615 cents per share).



Dividend

The ARM board has approved and declared a seventh annual dividend of 510 cents per share (gross) in respect of the year ended 30 June 2013.



Outlook

The impact on global commodity prices and currency volatility remained high during the past year particularly as a result of pronouncements out of the US and developments in China, and is not expected to abate in the short term. The US economy has shown some resilience in 2013 with unemployment reaching new lows since the global financial crisis. Speculation continues around the possibility of the central bank scaling back its USD85 billion a month bond repurchase programme.



Despite growth in China refocusing towards a consumer driven economy and concern over China's imports of raw materials slowing, Chinese commodity demand is expected to be supported by a stabilising economy and pro-growth policies outlined by the Chinese government. These include increased investment in infrastructure and rail projects which are expected to have a positive impact on demand and prices for certain commodities.



Cost increases for important inputs like labour and electricity remains higher than inflation.



ARM's operational strategy in a flat commodity price environment remains focused on operational efficiencies, with a target to have all its operations positioned below the 50th percentile of each commodity's respective global cost curve.



Capital allocation is aimed at achieving quality growth. ARM will continue to consider quality acquisitions as part of its allocation strategy. ARM remains financially robust and its positive cash flow enables ARM to invest in growth and pay dividends.



In addition, ARM continues to strive towards maintaining good relationships with labour, communities and other stakeholders.
30-Aug-2013
(Official Notice)
The company advised that Mr Michael W King, an Independent Non-executive Director, has informed the ARM Board of Directors that on account of his age he does not intend to stand for re-election at the next Annual General Meeting of the Company, scheduled to take place on or about 6 December 2013. Mr King is currently 76 years old and will retire at the conclusion of such meeting.
20-Aug-2013
(Official Notice)
ARM's headline earnings per share for the year ended 30 June 2013 are expected to be between 1 640 and 1 780 cents per share (F2012: 1 615 cents per share). However, basic earnings were negatively impacted by large exceptional items.



The biggest exceptional item relates to the unrealised mark-to-market loss resulting in the impairment of the original cost of the investment in Harmony Gold Mining Company Ltd. ("Harmony"). In terms of ARM's accounting policy for available-for-sale financial assets, into which category the Harmony investment falls, a significant or prolonged decline in the market value below the cost of the investment has to be adjusted through the Income Statement. The impairment is R2 billion after tax and is based on the Harmony share price of R35.75 per share at 30 June 2013.



Accordingly, ARM expects basic earnings per share for the year ended 30 June 2013 to decrease to between 725 and 810 cents per share (F2012: 1 609 cents per share). The Company's full provisional results will be released on Monday, 2 September 2013.
02-Jul-2013
(Official Notice)
Notification was given of Mr Mangisi Gule's retirement as ARM's Executive Director: Corporate Affairs with effect from 30 June 2013.



Mr Gule will remain on the ARM board as a Non-Executive Director with effect from 1 July 2013.



Mr Dan Simelane, the Chief Executive of ARM Copper, has been appointed as an Executive Director of ARM with effect from 1 July 2013.
19-Jun-2013
(Official Notice)
Assmang Ltd (Assmang), jointly controlled by Assore Ltd (Assore) and African Rainbow Minerals Ltd (ARM), together with China Steel Corporation (China Steel) and Sumitomo Corporation (Sumitomo), have completed a definitive feasibility study to establish the financial viability of a manganese alloy smelting facility in Sarawak State, Malaysia.



Assmang is pursuing this initiative to maintain its existing alloy customers and to access growing Asian markets, by leveraging the long term availability of reasonably priced hydro power with guaranteed low escalation rates in the region. To enhance Assmang?s returns from the project, it will sell manganese ore to the new joint venture. China Steel has approved an investment of USD62.46 million to acquire a 19% interest, which is linked to the right to purchase 30 000 -32 000 tonnes of alloys per annum from the project. This approval is subject to Taiwanese government approval. Sumitomo has secured board approval for the project and is pursuing the necessary regulatory approvals.



The boards of directors of both Assore and ARM have conditionally approved the project and anticipate commencing construction during Q1 2014. Commissioning of furnaces would take place in 2016. The project is designed to have a full production capacity of 169 000 tonnes per annum.
26-Feb-2013
(C)
Revenue jumped to R9.15 billion (R9.09 billion) whilst gross profit shrunk to R2.5 billion (R3.4 billion). Profit from operations before exceptional items also narrowed to R2.1 billion (R3.2 billion). Profit attributable to equity holders slumped to R1.4 billion (R2.0 billion). Headline earnings per share took a knock to 654cps (937cps).



Outlook

Global commodity markets and related sentiment are expected to continue to be volatile as sovereign risks particularly in Europe and the USA are addressed. In this business environment ARM will enhance its key focus on areas which lie within its ability to control, viz. unit operating costs, optimisation of capital allocation, efficient mining at its operations and delivering on its growth projects. In addition, ARM will maintain its strong relationships with all stakeholders, including labour.



While any recovery in Europe is expected to remain subdued at best, the economic outlook for eastern economies remains positive.



A positive development since the end of the reporting period has been the recovery in iron ore, PGM and manganese ore prices.
18-Feb-2013
(Official Notice)
ARM's interim results for six months ended 31 December 2012, in comparison to the corresponding six months to 31 December 2011 restated results (1H F2012 restated), were negatively impacted by the fall in realised US Dollar prices for iron ore coupled with above inflation unit cost increases at some operations. However, this was partially offset by improved performances at the Nkomati Nickel Mine, ARM Coal and increased sales volumes for nickel, iron ore, Eskom thermal coal, export thermal coal and platinum group metals. The weaker Rand/US Dollar exchange rate had a positive impact on the interim results for the period ended 31 December 2012.



Accordingly, ARM announces that it expects headline earnings per share for the six months ended 31 December 2012 to decrease to between 630 cents and 675 cents per share (1H F2012 restated: 937 cents per share). Basic earnings per share are expected to be the same as headline earnings per share and are therefore expected to be in the same range of 630 cents to 675 cents per share (1H F2012 restated: 958 cents per share). The financial information on which this trading statement is based has not been reviewed or reported on by the external auditors of ARM. The company's interim results will be released on Tuesday 26 February 2013.
07-Dec-2012
(Official Notice)
ARM shareholders are advised that at the annual general meeting of shareholders of ARM held on Friday, 7 December 2012, all the ordinary resolutions and special resolutions as set out in the Notice of Annual General Meeting included in the 2012 Integrated Annual Report, which was distributed to shareholders on Tuesday, 6 November 2012, were approved by the requisite majority of shareholders present in person or represented by proxy. Special resolution number 5 relating to the adoption of the Company?s Memorandum of Incorporation together with a copy of the Memorandum of Incorporation will be submitted to the Companies and Intellectual Property Commission for filing.
06-Nov-2012
(Official Notice)
Shareholders are advised that the company's Integrated Annual Report 2012, containing the annual financial statements for the year ended 30 June 2012, has been distributed to shareholders on Tuesday, 6 November 2012 and contains no modifications to the reviewed provisional results which were published on 3 September 2012. The Integrated Annual Report 2012 will be available on the company's website www.arm.co.za from Wednesday, 7 November 2012.



Notice is hereby given that the 79th Annual General Meeting of shareholders of the Company will be held in the Oleander Room, Sandton Sun Hotel, corner Fifth and Alice Streets, Sandton, on Friday, 7 December 2012 at 14:00 (South African time), to transact the business as stated in the notice of annual general meeting forming part of the Integrated Annual Report 2012.
03-Sep-2012
(Official Notice)
Revenue increased to R18.1 billion (R15.4 billion). Gross profit rose to R6.1 billion (R6 billion), but profit from operations before exceptional items declined to R5.2 billion (R5.4 billion). Net attributable profit improved to R3.44 billion (R3.37 billion). In addition, headline earnings per share grew to 1 615cps (1 585cps).



Dividend

A final ordinary dividend of 475cps has been declared.



Outlook

Commodity markets in the year under review have been extremely strained as concerns about global growth persisted, driven by European economic and political uncertainty, lower growth in infrastructure spending in China, and uncertainty on US economic growth. The impact of the European economic crisis on global markets has highlighted the dependence on eastern economies as a market for western products and commodities. With the sovereign debt and economic recovery challenges in some European economies unresolved, the European crisis is expected to continue putting pressure on global markets in the short term. This coupled with a benign growth outlook in the US points to a subdued global growth outlook for at least the next 12 months.



Demand for ARM Ferrous products is mostly influenced by demand from China. The slowdown in China has been influenced by demand fundamentals from Europe and the US and the deterioration in export markets. China's demand for metals will be dependent on improved regional fixed capital formation, urbanisation, re-urbanisation, rebalancing towards consumer spending and decisive reflationary policies. Deteriorating global credit and economic conditions could act as a catalyst for further Chinese government stimulus measures, which have remained more conservative than previous efforts.



Demand fundamentals in the PGM, nickel and chrome markets are expected to remain subdued in the short term due to uncertainty in the developed markets and over supply. The long-term fundamentals of these commodities are positive with a recovery in the developed markets together with supply side challenges being experienced by PGM producers expected to provide price support. ARM is positioned well financially with a strong cash position. The company continues to focus on further enhancing operational efficiencies to ensure we maintain a favourable cost positioning to maximise margins in the currently challenging price environment. ARM continues to look at quality acquisitive opportunities.
31-Aug-2012
(Official Notice)
Notification was given of Mr Thando Mkatshana's appointment as Chief Executive: ARM Coal with effect from 3 September 2012. Thando Mkatshana was previously Executive: Coal Operations. The responsibilities of Chief Executive: ARM Coal were previously part of the broader responsibilities of Mr Mangisi Gule.
01-Jun-2012
(Official Notice)
Notification was hereby given of the following changes relating to the executive directors and executive management of ARM:



Reduction in the number of executive directors on the ARM board of directors

In line with global best practice ARM is reducing the number of executive directors on its Board from eight to five with effect from 1 June 2012.



All the former executive directors will continue to be full-time executives of the company in the positions described in part below.



Re-organisation of senior executive management

*Mr Jan Steenkamp will become the Chief Executive: ARM Exploration and Technical Services with effect from 1 July 2012.

*Mr Steenkamp will continue to hold the position of deputy chairman of Assmang Ltd. and to chair the Assmang Ltd. Executive Committee.

*Mr Andre Joubert will be promoted to the position of Chief Executive: ARM Ferrous with effect from 1 July 2012. This is the position that was previously held by Mr Steenkamp. Mr Joubert is currently the Executive: Operations of ARM Ferrous, which position he has held for the past two and half years.

*Mr Stompie Shiels will continue to be responsible for all the functions and duties he performed as an executive director. His new title is Executive: Business Development and Investor Relations of ARM.

*Mr Steve Mashalane will assume a new position with the title Senior Executive: Corporate Affairs of ARM.

*Mr Peter Steenkamp will be responsible for all of ARM Platinum's operations as Executive: Operations of ARM Platinum and will report directly to the chief executive officer of ARM.

*Mr Bennie Boshielo has been promoted to the position of Executive: Corporate Affairs of ARM Platinum with immediate effect, and will report directly to the CEO of ARM.
10-Apr-2012
(Official Notice)
ARM confirms that the wage dispute at the Modikwa Platinum Mine, which led to a three week protected strike, has been resolved. The Modikwa Platinum Mine signed a two year wage agreement with the National Union of Mineworkers ("NUM") on Tuesday, 10 April 2012. Striking employees are expected to return to work and resume production on Wednesday, 11 April 2012.
04-Apr-2012
(Official Notice)
Following a three week protected strike, Modikwa Platinum Mine (the "mine") announces that the protracted collective bargaining process with the National Union of Mineworkers ("NUM"), spanning several months, has not produced any agreement.



The dispute concerns wages and conditions of employment. At a meeting held on Tuesday, 3 April 2012, NUM rejected the mine's final offer. The mine has thus withdrawn its final offer. NUM made other demands that the mine simply cannot afford. The strike and the collective bargaining process have failed the parties. The mine has no option but to withdraw from the negotiation process. Striking employees are at liberty to return to work on their existing conditions of service.
27-Feb-2012
(C)
Revenue grew substantially to R9.1 billion (December 2010: R6.9 billion) and gross profit grew to R3.3 billion (December 2010: R2.8 biilion). Operating profit increased to R3.1 billion (December 2010: R2.5 billion), while profit attributable to ordinary equity holders was up at R2 billion (December 2010: R1.6 billion). Headline earnings per share soared 934cps(December 2010: 734cps).



Dividend

No dividend was declared for the interim period under review.



Outlook

Uncertainty in global markets persists driven by: (i) European sovereign debt issues: (ii) the delayed US recovery and (iii) concerns about a slowdown in China after the introduction of tightening measures in 2011. During the period under review this manifested in volatile commodity and financial markets. This volatility in financial markets was demonstrated in the Rand/US Dollar exchange which during the last six months peaked at R8.57/USD after reaching a low of R6.67/USD, while the spot price for high grade iron ore ranged between a high of USD185 per tonne and a low of USD118 per tonne. Volatile trading conditions are expected to continue.



Such market volatility makes planning difficult and also heightens the importance of controlling costs. Above inflation increases particularly in labour, electricity and diesel continue to be a challenge for the mining industry. It is nevertheless ARM's view that commodity prices will remain robust over the medium to long term and as a result ARM continues to invest in expansion capital at its existing operations and to fund exploration. ARM remains focused on aggressive growth and is ramping-up production of iron ore to 16 million tonnes per annum at the Khumani Mine, while nickel production at Nkomati is being increased to 20 500 tonnes per annum. The Goedgevonden Mine is ramped up to design capacity of 7.0 million tonnes per annum and the copper output at the Konkola North Copper Project is forecast to be 45 000 tonnes per annum at full production.
17-Feb-2012
(Official Notice)
African Rainbow Minerals Ltd (ARM), joint venture partners with Anglo American Platinum Ltd ("Amplats") wishes to clarify its position with regard to three of the Modikwa Joint Venture's Modikwa Deeps Properties, being portions of the farms De Kom, Garatouw and Hoepakrantz, (the "properties") following the recent announcement by Nkwe Platinum Ltd ("Nkwe").



ARM notes that a mining right has been issued by the Department of Mineral Resources ("DMR") over the Properties in circumstances where inter alia the issue of prospecting rights over the properties by the DMR to inter alia Genorah Resources (Pty) Ltd is the subject of legal challenge by the Modikwa Joint Venture. The parties to the litigation, which include the DMR, have been negotiating to reach an out of court settlement.



No agreement has to date been reached in respect of any of the properties. ARM and Amplats are willing to continue negotiations with the DMR and other parties involved in the matter in an attempt to resolve the situation. The litigation will continue and will include a challenge of the issue of the mining right by the DMR.



Shareholders of ARM will be kept informed on further developments.



16-Feb-2012
(Official Notice)
ARM's interim results for six months ended 31 December 2011, in comparison to the corresponding six months to 31 December 2010 (1H F2011), were positively impacted by an increase in sales volumes in iron ore, manganese ore, manganese alloys, nickel and PGMs. The positive effect of higher sales volumes was however reduced by a decline in US Dollar prices realised, particularly for manganese ore, manganese alloys, nickel and chrome concentrate. The weaker Rand/ US Dollar exchange rate had a positive impact on the interim results for the period ended 31 December 2011. Nkomati Nickel's contribution to earnings was negatively impacted by additional waste stripping costs incurred to improve mining flexibility. Accordingly, ARM announced that it expects headline earnings per share for the six months ended 31 December 2011 to increase to between 890 cents and 930 cents per share (1H F2011: 734 cents per share). Basic earnings per share are expected to be higher than headline earnings per share and are therefore expected to be in the range of 910 cents to 950 cents per share (1H F2011: 732 cents per share). The company's interim results will be released on Monday 27 February 2012.
02-Dec-2011
(Official Notice)
ARM shareholders are advised that at the annual general meeting of shareholders of ARM held on Friday, 2 December 2011, all the ordinary resolutions and special resolutions as set out in the Notice of Annual General Meeting included in the 2011 Integrated Annual Report, which was posted to shareholders on Tuesday, 1 November 2011, were approved by the requisite majority of shareholders present in person or represented by proxy.
21-Nov-2011
(Official Notice)
ARM announced the launch of a sponsored Level 1 American Depository Receipt ("ADR") Program effective 21 November 2011. Deutsche Bank has been appointed as the depository bank for the ADR Program.
01-Nov-2011
(Official Notice)
Shareholders were advised that the company's 2011 integrated annual report, containing the annual financial statements for the year ended 30 June 2011, has been posted to shareholders on Tuesday, 1 November 2011 and contains no modifications to the reviewed provisional results which were published on 31 August 2011. The company's auditors, Ernst - Young Incorporated, have audited the annual financial statements and their unqualified report is available for inspection at the company's registered office. The 2011 integrated annual report will be available on the company's website www.arm.co.za from Tuesday, 1 November 2011.



Notice was given that the 78th annual general meeting of shareholders of ARM will be held in the Oleander Room, Sandton Sun Hotel, corner Fifth and Alice Streets, Sandton, on Friday, 2 December 2011 at 14:00, to transact the business as stated in the notice of annual general meeting forming part of the 2011 integrated annual report.
31-Aug-2011
(Official Notice)
The company advised that Mr. Michael (Mike) P Schmidt has been appointed to the board of directors of ARM as an executive director, with effect from 1 September 2011.
31-Aug-2011
(C)
Sales increased to R14.9 billion (R11 billion). Gross profit rose to R5.9 billion (R3.5 billion). Net attributable profit surged to R3.3 billion (R1.8 billion). In addition, headline earnings per share skyrocketed to 1 559c (807cps).



Dividend

A final ordinary dividend of 450cps has been declared.



Outlook

The past financial year has seen a continuing recovery in commodity markets across most of ARM's commodities. Prices for manganese ore have however fallen during the past six months and remain subdued largely due to increased inventories.



The past quarter has once again seen increased uncertainty and thus short- term volatility around sovereign debt issues in Europe and the United States. In particular the United States debt ceiling issue which was resolved shortly before key deadlines has brought that economy's recovery into sharp focus.



ARM nevertheless expects most commodity prices to remain robust over the medium term supported by demand from China, India and other emerging economies. In addition it is likely that supply constraints from producers will also bolster prices.



Over the past three years ARM has spent R9.5 billion on capital expenditure and did not curtail any growth projects during the economic crisis of 2008. As ARM is confident about the future and attributable capital spend of more than R10 billion is planned over the next three years to June 2014. This amount is expected to be largely funded from operating cash flows and existing funding resources.
19-Aug-2011
(Official Notice)
ARM's provisional financial results for the year ended 30 June 2011 (in comparison to the previous financial year ended 30 June 2010) have been positively impacted by much improved US Dollar commodity prices especially for iron ore. The results were however negatively affected by the strengthening of the Rand relative to the US Dollar. Accordingly, ARM announces that it expects headline earnings per share to increase for the year ended 30 June 2011 to between 1 500 and 1 610 cents per share (F2010: 807 cents per share). Basic earnings per share for the year ended 30 June 2011 are expected to be in line with headline earnings per share and are therefore expected to be in the same range (F2010: 854 cents per share). The company's full provisional results will be released on Wednesday, 31 August 2011.
30-Jun-2011
(Official Notice)
Further to the announcement made on 10 September 2010 titled "Possible conversion of further furnaces at Machadodorp Works"; ARM and Assore Ltd ("Assore"), who jointly own and control Assmang Ltd ("Assmang"), announce the conversion of additional furnaces to high carbon ferromanganese at Machadodorp Works. Assmang announced that, after the successful conversion of the No. 5 Furnace at Machadodorp Works from the production of charge chrome to high carbon ferromanganese, it has completed the evaluation of converting further furnaces and has decided to convert No's 2 and 3 Furnaces to produce high carbon ferromanganese. There are a number of engineering modifications that must be carried out and logistical issues that need to be addressed before the conversion can be implemented. It is therefore anticipated that the conversion will commence during the first quarter of the 2012 calendar year, with ferromanganese being produced from the No's 2 and 3 Furnaces from the third quarter of 2012. The conversion of the additional furnaces will increase Assmang's production of high carbon ferromanganese by approximately 100 000 tonnes per year, bringing its total capacity to some 375 000 tonnes per year. Key ferrochrome customers will continue to be supplied from the No. 1 Furnace at Machadodorp Works. Assmang continues to study the optimisation of alloy production at both its Machadodorp and Cato Ridge Works.
23-Jun-2011
(Official Notice)
Further to the announcement made on 28 February 2011 titled "Commencement of Chief Executive Officer Succession Process" ARM announces the completion of the process to identify a successor for the current CEO Andre Wilkens. After a comprehensive search process, the ARM board of directors announced the decision to appoint Michael (Mike) Schmidt, an internal candidate from the ARM Platinum Division, as the CEO designate from 1 September 2011. He will thereafter work with Andre Wilkens for a period of six months as part of a hand over process.



Mike Schmidt will take over as CEO of ARM from March 2012. Andre Wilkens will continue to be employed as an executive director and his responsibilities will include the growth and strategic development of the company. He will be based in the office of the executive chairman.
23-May-2011
(Official Notice)
The company hereby advises that Mr Roy McAlpine, on the attainment of his 70th birthday, has intimated to the ARM board his intention to retire as an Independent Non-Executive Director with effect from 30 June 2011.

19-May-2011
(Official Notice)
ARM would like to provide clarification on recent media coverage reporting on the performance of the Kenya Stock Exchange which has referred to "ARM". This coverage does not refer to African Rainbow Minerals Ltd, which is listed on the exchange operated by the JSE Ltd under the ticker symbol ARI, but rather to Athi River Mining which is listed on the Kenyan Stock Exchange under the ticker symbol ARML KN. Please also note that there exists a British technology company trading under the name ARM Holdings which is listed on the London Stock Exchange and the NASDAQ under the ticker symbols ARM and ARMH respectively.
01-Mar-2011
(Media Comment)
Business Day highlighted that African Rainbow Minerals wants to even out its revenue stream, bringing in greater contributions from its coal, nickel, platinum, and copper divisions after iron ore and manganese contributed more than half its interim earnings of R6.9 billion. Chairman Patrice Motsepe outlined aggressive growth in Nickel, coal, copper and iron ore in the next few years, the fruit of a R13.5 billion, five year investment in growth projects to the end of the financial year 2010. The group plans to spend a further R9.5 billion up to 2013. It has cash of R2.3 billion and a net debt:equity ratio of 6%, giving it flexibility to also look for acquisitions.
28-Feb-2011
(Official Notice)
ARM announced the restructuring of its board of directors with the commencement of the process to identify a successor for the current CEO, Mr Andre Wilkens. This process is expected to be completed in February 2012. It is the intention of the company that the incoming CEO will work with Mr Wilkens for a period of six months as part of a hand over process. Following the appointment of the new CEO, Mr Wilkens will continue to serve on the ARM board of directors as an executive director in the executive chairman's office.
28-Feb-2011
(C)
17-Feb-2011
(Official Notice)
ARM's interim results for the six months to 31 December 2010 (in comparison to the corresponding six months to 31 December 2009) have been positively impacted by a significant improvement in commodity markets and US Dollar prices for commodities. ARM's results have further benefited from continuing growth as the company's key growth projects ramp up production. The results for the period were however negatively impacted by the strengthening of the Rand versus the US Dollar. Accordingly, ARM announced that it expects headline earnings per share to increase for the six months ended 31 December 2010 to between 710 and 750 cents per share (1H F2010: 214 cents per share). Basic earnings per share are expected to be in line with headline earnings per share and therefore expected to be in the same range. (1H F2010: 213 cents per share). The company's full interim results will be released on Monday 28 February 2011.
11-Feb-2011
(Official Notice)
Anglo Platinum Limited ("Anglo Platinum") in a media release on 7 February 2011 provided details about its previous empowerment transactions in a table contained at the foot of the release. The Anglo Platinum description of the 2001 year transaction provides that the shareholding structure of the Modikwa Joint Venture included the ARM Broad- Based Economic Empowerment Trust as part of the transaction.



ARM would like to clarify that the ARM Broad-Based Economic Empowerment Trust which owns shares directly into ARM did not form part of the 2001 Modikwa Joint Venture transaction as stated in the Anglo Platinum release. The transaction entered into with Anglo Platinum's Rustenburg Platinum Mine in respect of the Modikwa Mine in 2001 was a 50:50 joint venture with ARM Mining Consortium Limited ("ARM MC").



The local communities have an 8.5% shareholding in the Modikwa Mine through two Section 21 community companies, namely Mampudima- and Matimatjatji Community Companies, which they hold through their 17% shareholding in ARM MC. At that time African Rainbow Minerals - Exploration Investments (Pty) Limited ("ARMI") owned 83% of ARM MC through its 100% held subsidiary African Rainbow Minerals Platinum (Pty) Limited ("ARM Platinum"). In the 2004 merger transaction between ARMI and Anglovaal Mining Limited, the ARMI interest in ARM Platinum was incorporated into African Rainbow Minerals Limited.
28-Jan-2011
(Official Notice)
In accordance with paragraph 3.59(a) of the Listings Requirements of the JSE Limited, the company hereby advises that Mr Thomas A Boardman has been appointed to the board of directors of ARM as an Independent Non-executive Director, with effect from 1 February 2011.
19 Jan 2011 09:02:45
(Official Notice)
African Rainbow Minerals Ltd and Anglo Platinum Ltd, joint venture partners and owners of the Modikwa Platinum Joint Venture, wish to clarify their position around the Modikwa Deeps properties. The Modikwa Deeps properties consist of nine properties located down dip to the existing Modikwa Joint Venture operation. Following recent reports in the media, the Modikwa Joint Venture states that no agreement has been reached in the past or present with any party in relation to any matter concerning the Modikwa Deeps properties.
03 Dec 2010 14:26:10
(Official Notice)
ARM shareholders were advised that at the annual general meeting of shareholders of ARM held on Friday, 3 December 2010, all the resolutions as set out in the notice of annual general meeting included in the 2010 integrated annual report, which was posted to shareholders on Tuesday, 9 November 2010, were passed by the requisite majority of shareholders present in person or represented by proxy.
09 Nov 2010 18:32:04
(Official Notice)
Shareholders are advised that the company's 2010 integrated annual report, containing the annual financial statements for the year ended 30 June 2010, has been posted to shareholders on Tuesday, 9 November 2010 and contains no modifications to the reviewed provisional results which were published on 30 August 2010. Notice was given that the seventy-seventh annual general meeting of the company will be held on Friday, 3 December 2010 at 11:00 in boardrooms six and seven, Sandton Convention Centre, corner of Fifth Avenue and Maude Street, Sandton, to transact the business as stated in the notice of annual general meeting forming part of the 2010 integrated annual report.
10 Sep 2010 12:02:01
(Official Notice)
Assmang Ltd ("Assmang") announced that, after the successful conversion of the number five furnace at its Machadodorp Works from the production of charge chrome to high carbon ferromanganese, it is evaluating the conversion of a further two open furnaces (numbers two and three) at the Machadodorp Works for the production of ferromanganese. As announced previously, it remains the aim of the company to optimise alloy production across its facilities. Although most regulatory matters are in place, there are a number of engineering and logistical issues that require resolution before this conversion can be implemented. It is thus anticipated that this conversion would not take place before mid 2011.



Assmang has not been able to consistently meet the strong market demand for high carbon ferromanganese from its Cato Ridge Works and from the number five furnace at the Machadodorp Works. If Assmang proceeds with the proposed conversion, it is anticipated that it will increase Assmang's capacity for high carbon ferromanganese to approximately 400 000 tonnes per annum and make approximately 100 000 tonnes per annum of additional product available to the market. In this event, core ferrochrome customers will still be supplied from the number one furnace at Machadodorp. With the ongoing uncertainties around the availability of electricity for future expansion in South Africa, the proposed conversion would free up sufficient power to allow Assmang to also consider expansion options at its smelters, and studies in this regard are continuing.
30 Aug 2010 08:01:26
(C)
Sales increased from R10.1 billion to R11 billion in 2010. Gross profit decreased to R3.5 billion (2009:R4 billion) and operating profit decreased to R2.9 billion (2009:R3.7 billion). Profit attributable to ordinary shareholders decreased to R1.8 billion (2009:R2.9 billion). Headline earnings per share decreased to 807cps (2009: 1094cps).



Dividend

A final dividend of 200cps was declared for the period under review.



Prospects

The past financial year and especially the second half of the year has seen a remarkable recovery in commodity markets, tempered to some extent by sovereign debt issues in Europe and elsewhere. In addition, fears that fiscal stimulus packages in the US and in Europe will not sustain the recovery have resulted in market sentiments being increasingly volatile. While the overall recovery in commodity markets is expected to continue and to benefit especially export oriented economies, it is expected that recovery in domestic demand driven economies will be much slower during the next year.



ARM believe demand for ferrous commodities will be driven by the development of steel manufacturing capacity in China, India, Brazil and other developing economies seeking to build infrastructure, while supply growth will be constrained by infrastructure limitations. The three new mines which are currently ramping up are coming into steady state production at an opportune time. The group will increase copper exposure in order to take advantage of the improved prices. The operating teams will continue to deliver projects on time and within budget and will continue to contain unit costs.



ARM is confident about the future as it is well positioned financially to continue to grow a profitable asset base with its focus on long-life, low cost mines. The planned attributable capital spend is about R10 billion over the next three years to June 2013 (F2008 - F2010: R8.7 billion) which includes the development of the first phase of its investment into copper. This capital expenditure is expected to be funded from operating cash flows and by utilising available cash and borrowing resources. The continuing low gearing of the ARM balance sheet provides increased opportunity for growth beyond that currently planned.
27 Aug 2010 16:03:40
(Official Notice)
ARM and its 50:50 strategic joint venture partner Vale SA ("Vale"), owners of "Konnoco Zambia", announced the release of the Konkola North Copper Mine in Zambia. Total project capital expenditure, in July 2010 terms, is USD380 million. Construction commenced in August 2010 with commissioning of the concentrator plant expected 27 months later. The mine is planned to reach full production in 2015.



The expected life of mine of Konkola North is 28 years. A further three year exploration programme to evaluate area "A", which has potential to double the output to 100 000 tonnes copper per annum in concentrate is in progress. Initially, the South and East Limb Mines will be developed, after which the deeper, higher grade and wider reef areas will be mined. The mine's throughput design is 2.5 mtpa of ore at an average mill head grade of 2.3% copper, yielding 45 000 tonnes of contained copper in concentrate to be toll smelted in Zambia.
23 Aug 2010 16:39:26
(Official Notice)
Notwithstanding achieving increased sales volumes across most commodities and good cost control results, ARM's provisional headline earnings for the 12 months to 30 June 2010 (in comparison to the corresponding twelve months to 30 June 2009) have been negatively impacted by:

*lower average US dollar commodity prices received especially for iron ore and manganese; and

*a 16% strengthening of the rand against the US dollar.



The provisional basic earnings for ARM are, in addition, lower than that of the previous year owing to the non-recurrence of the R557 million exceptional gain on the restructuring of TEAL Exploration - Mining Inc ("TEAL") in the previous financial year.



Accordingly, ARM announced that it expects headline earnings per share for the twelve months ended 30 June 2010 to decrease to between 785 and 825 cents per share (F2009: 1 094 cents per share). Basic earnings per share for the twelve months ended 30 June 2010 are expected to decrease to between 830 and 875 cents per share(F2009:1 355 cents per share). The company's full year results will be released on Monday, 30 August 2010.
22 Feb 2010 08:02:37
(C)
11 Feb 2010 15:17:55
(Official Notice)
South African mining group, Assmang Ltd ("Assmang"), announced its decision to convert the number 5 furnace at Machadodorp Works from ferrochrome production to high carbon ferromanganese production. All relevant regulatory requirements for the conversion are in the process of being met, and it is anticipated that the number 5 furnace will be able to produce high carbon ferromanganese by mid-2010, at a level of about 4 000 tons per month. Assmang needs to meet elevated demand for its high carbon ferromanganese and there is no excess capacity at the Cato Ridge Works to meet that requirement at this stage.



This decision still allows Assmang to meet its contractual commitments for the production of ferrochrome by the continued operation of its three chrome furnaces, whilst optimising overall alloy production by the additional production of ferromanganese. The number 5 furnace at the Machadodorp Works is already undergoing a major rebuild, which will facilitate its conversion for the production of ferromanganese.



Difficult global economic conditions in the past two years have resulted in a reduced demand for ferrochrome. As a result, Assmang ceased operating some of its furnaces and retrenched staff at the Machadodorp Works during 2009. The decision to convert the furnace will, to some extent, offset these retrenchments made last year. Assmang is jointly controlled by ARM (50%) and Assore Ltd (50%) and consist of three divisions: iron ore, manganese and chrome.
11 Feb 2010 14:21:16
(Official Notice)
Despite increased sales volumes across most commodities, ARM interim results for the six months to 31 December 2009 have been negatively impacted by:

*Substantial decreases in US Dollar commodity prices owing to the global economic recession

*The strengthening of the Rand against the US Dollar.



ARM announces that it expects headline earnings per share to decrease for the six months ended 31 December 2009 to between 200 and 225 cps. Basic earnings per share are expected to be in line with headline earnings and therefore expected to be in the same range. The company's full interim results will be released on Monday 22 February 2010.
09 Dec 2009 09:38:40
(Official Notice)
The 6.7 million tonne per annum Goedgevonden Colliery, a joint venture between ARM Coal and Xstrata Coal, has signed a 17-year coal supply agreement with national power utility, Eskom. Under the terms of the contract, Goedgevonden will supply approximately 60 million tonnes of thermal coal (3.5 million tonnes per annum) to Eskom's Majuba coal-fired power station from December 2009 through to 2026.
27 Nov 2009 16:47:35
(Official Notice)
At the annual general meeting of shareholders of ARM held on Friday, 27 November 2009, all resolutions were passed by the requisite majority of shareholders.
23 Oct 2009 15:45:36
(Official Notice)
The company's 2009 annual report, containing the annual financial statements for the year ended 30 June 2009, has been posted to shareholders on 23 October 2009 and contains no modifications to the reviewed provisional results which were published on 31 August 2009. The company's auditors, Ernst - Young Inc, have audited the annual financial statements and their unqualified report is available for inspection at the company's registered office. The annual report is also available on the company's website www.arm.co.za.



The seventy-sixth annual general meeting of the company will be held on Friday, 27 November 2009 at 14:00 in the Magnolia Room, Sandton Sun Hotel, corner of Fifth and Alice Streets, Sandton, to transact the business as stated in the notice of annual general meeting.
21 Oct 2009 07:46:10
(Media Comment)
Business Report noted that a sit-in by 240 workers at ARM and Impala Platinum Holdings Ltd's Two Rivers platinum mine has ended after four sacked workers were rehired. ARM spokeswoman Monique Swartz said the mine had not lost production because of the stand-off.
31 Aug 2009 09:07:27
(C)
Revenue decreased from R12.5 billion to R10.1 billion in 2009. Gross profit decreased to R4.0 billion (2008:R7.0 billion) and operating profit decreased to R3.7 billion (2008:R6.6 billion). Profit attributable to ordinary shareholders decreased to R2.6 billion (R4.9 billion). Headline earnings on a per share basis decreased to 1094cps (1906cps).



Dividends per share

A final dividend of 175 cps was declared for the period under review.



Prospects

Despite the uncertainty of the pace and timing of a sustained recovery from the prevailing local and international recession, ARM is well positioned for growth into the future. A strong balance sheet allows continuing expenditure on ARM's growth projects in nickel, iron ore and coal while keeping gearing low. Subsequent to the economic lows experienced in the first quarter of calendar 2009, there have been some early signs of improvement in demand for certain commodities. ARM continues to evaluate the market on a quarter by quarter basis to ensure that its business plans remain robust.



This has been a year of wide-ranging and severe challenges, challenges to which ARM management and staff have all risen with great enthusiasm, dedication and skill. It is thanks to their continuous efforts that ARM has delivered a performance which reflects extremely well on the entire company. The restructuring exercises implemented in F2009 will stand ARM in good stead as the company faces a new financial year which promises to be every bit as challenging. It is thanks to the commitment of the entire ARM team and our world-class partners, plus our resilient mix of resources and assets, and a strong balance sheet, that ARM faces 2010 with renewed confidence. Commitment to the company's organic growth continues as ARM's three major projects will shortly be in the process of ramping up production. Khumani will ramp up to 10 mtpa iron ore, GGV to 6.7 mtpa thermal coal and Nkomati to 20 000 tpa nickel. Furthermore, the company has recently announced additional capital expenditure of R5.5 billion to take Khumani to 16 mtpa (14 mtpa export).
20 Aug 2009 15:37:26
(Official Notice)
In comparison to the corresponding year to 30 June 2008 the ARM financial results for the year to 30 June 2009 have been impacted by:

*US Dollar commodity price decreases as a result of the global economic recession.

*Sales volume decreases in all commodities, except iron ore and PGMs.

*Increased expenditure and restructuring costs at Teal Exploration - Mining Exploration Ltd.

*Fluctuations in exchange rates, which include a strengthening of the rand against the US dollar during the last two months of the financial year.



ARM announces that it expects headline earnings per share to decrease for the year ended 30 June 2009 to between 1 025 and 1 150 cps (F2008: 1906 cps). Basic earnings per share are expected to be higher than headline earnings per share, mainly due to a large exceptional gain recognized on the TEAL restructuring transaction with Companhia Vale do Rio Doce, and will be in the range of 1 275 and 1 430 cps(F2008: 2 131 cps).



The company's full year financial results will be released on Monday 31 August 2009.
12 Aug 2009 14:14:03
(Official Notice)
Assmang Ltd ("Assmang"), which is jointly controlled by African Rainbow Minerals ("ARM") and Assore Ltd ("Assore"), is pleased to announce that:

* the 10 million tonne per annum ("mtpa") Khumani Iron Ore Mine ("Khumani") has been completed on time and within budget; and

* the ARM and Assore board of directors have approved additional capital expenditure of R5.5 billion for the completion of the Khumani Expansion Project, to increase Khumani's capacity from the current level of 10 mtpa to 16 mtpa.

The estimated total capex for the proposed Khumani Expansion Project is R6.7 billion based on the feasibility study completed in June 2009, which compares favourably to the previous estimate in September 2008 of R7.2 billion. Expenditure of R1.2 billion has already been approved in September 2008 for early works and long lead items, hence the outstanding capital requirement for the completion of the Khumani Expansion Project comes to R5.5 billion. Of the 6 mtpa expansion, 4 mtpa is intended for the export market and 2 mtpa for the domestic market. Assmang has received a commitment from Transnet to extend the current Iron Ore Export allocation on the Sishen/Saldanha export channel from 10 mtpa to 14 mtpa, increasing Assmang's export capacity accordingly. This dovetails with the Iron Ore channel expansion from 47 mtpa to 60 mtpa. Assmang will fund the completion of the Khumani Expansion Project utilizing existing cash resources, operational cashflows and existing borrowing facilities. The Khumani Expansion Project has robust returns and the high grade iron ore resource, with an excellent stripping ratio of 1.7 over the life of mining operations, ensures competitive mining costs.
12 Aug 2009 11:38:42
(Official Notice)
Mr Max Vuyisile Sisulu has resigned as a non-executive director from the ARM Board with effect from 7 August 2009.
24 Jul 2009 08:42:06
(Official Notice)
The company hereby announces the appointment of Mr Michael (Mike) Arnold to the board of directors of ARM as the Financial Director with effect from 1 August 2009.ARM's current Financial Director, Frank Abbott, will remain on the Board as a non-executive director after 1 August 2009.
10 Jul 2009 17:16:12
(Official Notice)
The group advise that Ms Alyson N D`Oyley has been appointed as company secretary of ARM, with effect from 10 July 2009, in place of Mrs Marilyn Taylor, acting company secretary.
29 Apr 2009 08:07:28
(Media Comment)
Business Report noted that ARM is expected to make a reasonable profit from its manganese and iron ore divisions at prevailing prices, but its chrome operations are at risk. Jan Steenkamp, ARM's ferrous unit chief executive, said that while the company had cut output across the unit or slowed expansion plans, it will review the situation quarterly to see if more production cuts are needed.
14 Apr 2009 17:18:43
(Official Notice)
Assmang Ltd announces productions cutbacks at its operations due to the ongoing low levels of carbon steel production in our major markets, Assmang Ltd has shut down its No 5 High Carbon Ferromanganese Furnace (capacity +/- 55 000 tpa) at the Cato Ridge Works on the 7th of April 2009. Furnaces 3 and 4 remain shut down. These furnaces will be kept out of operation until market conditions warrant start up. Cato Ridge Alloys' convertor for production of refined alloys which has not produced since December 2008 remains closed and will be restarted as demand increases. Manganese ore markets remain weak and ore production is reviewed on an ongoing basis. It has also been decided that due to the global reduction in stainless steel production, two charge chrome furnaces at the Machadodorp works will operate until the end of May and thereafter all four furnaces will be shut down. Any furnace start ups will be dependent on market conditions. Along with this reduction in ferrochrome production, chrome ore production at the Dwarsrivier Chrome Mine will be scaled back commensurately.
25 Mar 2009 12:32:27
(Official Notice)
ARM is pleased to announce the successful completion of the previously announced transaction to acquire the shares held by minority shareholders in TEAL Exploration - Mining Incorporated, and the simultaneous introduction of Companhia Vale do Rio Doce as a 50% strategic joint venture partner in relation to the development and operation of TEAL's assets. Please refer to the previous announcement relating to the transaction dated 17 December 2008. In due course, the common shares of TEAL will be de-listed from the Toronto Stock Exchange and the JSE Ltd, and TEAL will also apply to terminate its reporting issuer status in Canada. With effect from 25 March 2009, ARM will proportionately consolidate 50% of TEAL's financial results.
13 Mar 2009 08:55:52
(Media Comment)
Business Day reported that ARM expects to open another mine in South Africa within five years to supply Eskom and for export. Mangisi Gule, CE of the company's coal unit, said that ARM will produce a bankable feasibility study for seven potential coal mines by the end of April 2009.
23 Feb 2009 10:32:30
(C)
Turnover increased from R3.9 billion to R6.4 billion in 2008. Gross profit rose to R3.2 billion (2007:R1.6 billion) and operating profit increased to R3.3 billion (2007:R1.5 billion). Profit attributable to ordinary shareholders surged to R2.0 billion (2007:R967 million). In addition, headline earnings on a per share basis grew to 1 055cps (2007:353cps).



Dividends per share

No dividend was declared for the period under review.



Prospects

ARM will continue to pursue positive operating cash flows at all operations focusing on cost control and working capital management. ARM aims to have its operations to be within the 50th percentile on the global unit cost curves by 2012. The announcement in the budget presentation of a one year delay in the implementation of the minerals royalty bill is welcomed and will contribute to the profitability of operations. ARM's 2 x 2010 growth strategy remains on track and its long-life assets are geared to long term which will benefit the company when the global economy improves.
17 Feb 2009 13:50:38
(Official Notice)
In comparison to the corresponding period to 31 December 2007 the ARM financial results for the six months to 31 December 2008 have been impacted by the following:

* Sales volume increases in Platinum Group Metals (PGMs), iron ore and domestic thermal coal. The remaining commodities reflected decreased sales volumes due to a slow down in demand;

* Significant commodity price decreases for the duration of this reporting period for PGMs and nickel;

* A 28% weaker Rand/US Dollar exchange rate; and

* Increased expenditure at TEAL.

Accordingly, ARM announces that it expects headline earnings per share to increase for the six months ended 31 December 2008 to between 950cps and 1 100cps (headline earnings for the six months to December 2007 were 353cps). Basic earnings per share are expected to be in the range of 950cps and 1100cps (basic earnings for the six months to December 2007 were 414cps). The financial information on which this trading statement is based has not been reviewed or reported on by the external auditors of ARM. The company's interim results will be released on Monday 23 February 2009.
16 Feb 2009 09:55:36
(Official Notice)
ARM shareholders are referred to the announcement dated 17 December 2008 in which ARM announced the proposed transaction to acquire the shares held by minority shareholders in TEAL Exploration - Mining Incorporated ("TEAL") and to simultaneously introduce Companhia Vale do Rio Doce ("Vale") as a 50% strategic joint venture partner. ARM is pleased to announce that at a general meeting of TEAL shareholders held in Johannesburg on 13 February 2009, TEAL shareholders overwhelmingly voted in favour of the resolutions necessary to implement the proposed transaction. Shareholders unable to attend in person at the meeting in Johannesburg were permitted to attend the meeting via conference telephone made available in Toronto, Canada. Shareholders are reminded that completion of the proposed transaction remains subject to a final hearing by the Supreme Court of the Yukon Territory, currently expected to take place on 17 February 2009, as well as the satisfaction of other regulatory approvals and other specific closing conditions. A further announcement will be made once the requisite approvals have been obtained. For further details please refer to the TEAL website.
06 Feb 2009 17:09:11
(Official Notice)
Mrs Patricia Smit will be retiring as company secretary of ARM with effect from 6 February 2009. Mrs Marilyn Taylor has been appointed in the interim as acting company secretary of ARM, with effect from 9 February, until a new company secretary has been appointed.
18 Dec 2008 15:02:49
(Official Notice)
Due to the extensive cutbacks in carbon steel production, particularly in Europe and North America, Assmang Ltd has decided to shut down 3 High Carbon Ferromanganese furnaces at its Cato Ridge

Works effective 25 December 2008.

The smelter will then be operating three furnaces, which equates to approximately 60% of capacity. Cato Ridge Alloys (Pty) Ltd, (50% owned by Assmang) has also made the decision to shut down its production of medium carbon ferromanganese effective immediately. Assmang is jointly owned by ARM and Assore Ltd.

The market will be closely monitored to evaluate when the idle capacity can be re-started.
17 Dec 2008 08:17:14
(Official Notice)
08 Dec 2008 13:25:47
(Official Notice)
Due to a further deterioration in the stainless steel market, Assmang has decided to shut down its Number 2 Furnace at the company's Machadodorp Ferrochrome Works. After the earlier shutdown of Furnaces 3 and 5, the smelter will only be operating one furnace, which equates to approximately 30% of capacity.
01 Dec 2008 09:35:45
(Media Comment)
According to Business Report, ARM may "reorganise" plans to expand iron ore and nickel output in South Africa, without cutting the projects, after prices fell. CE Andre Wilkens said that this would include "renegotiating terms" with some contractors. Wilkens, however, declined to elaborate further.
28 Nov 2008 16:18:26
(Official Notice)
Shareholders are advised that, at the annual general meeting of ARM held on Friday, 28 November 2008, all resolutions were passed by the requisite majority of shareholders.
27 Oct 2008 11:33:38
(Official Notice)
Shareholders are advised that the company's annual financial statements for the year ended 30 June 2008, contained within the annual report 2008, will be issued on 27 October 2008. An abridged report will not be published as the information contained in the preliminary report dated 1 September 2008 is unchanged.



Notice is hereby given that the annual general meeting of the members of ARM in respect of the year ended 30 June 2008 will be held in Boardroom 4, Sandton Convention Centre, Maude Street Sandton, on Friday, 28 November 2008 at 14:00.
24 Oct 2008 17:02:15
(Official Notice)
Mr Rick Menell, who in terms of the company's articles of association was required to retire by rotation at the annual general meeting to be held on 28 November 2008, has advised that he would not seek re- election at the annual general meeting.
24 Oct 2008 14:05:06
(Official Notice)
Significant adverse changes in the dynamics of the global economy have led to a downturn cycle in most economic sectors. For ARM the most significant immediate impact is the sudden decline in demand for its products in the spot commodity markets, more specifically the demand for Ferrochrome and Chrome Ores. This change in demand,has necessitated a review of the production schedules of Assmang's Chrome Division and Nkomati Chrome operations. To achieve the necessary reduction in volume the following actions have been taken:

* Assmang will switch-out two of its Ferrochrome Furnaces at the Machadodorp Works as from Saturday, 25 October 2008, until demand has recovered. Dwarsrivier will continue mining and review the situation on an ongoing basis. Assmang is jointly controlled between ARM (50%) and Assore Ltd (50%).

* Nkomati expects to reduce chrome ore and concentrate sales, will continue mining the chrome as part of the pre-stripping of the pits for the Nkomati Nickel large scale expansion and will stockpile the chrome ore. Nkomati Nickel and Chrome mine is jointly controlled between ARM (50%) and Norilsk Nickel (50%).

ARM, together with our partners, will review the situation on all operations on an ongoing basis, taking cognisance of the uncertain market conditions and considers the measures adopted to be prudent.
15 Oct 2008 08:14:13
(Official Notice)
ARM announces that it is hosting analysts and fund managers for a Platinum Investor Trip at the company's Platinum Operations on 15 October 2008. The presentations on Nkomati Nickel and Chrome Mine, Two Rivers Platinum Mine and Modikwa Platinum Mine will be available on the company's website.
10 Oct 2008 15:48:07
(Official Notice)
ARM referred shareholders to the website of TEAL Exploration - Mining Inc ("TEAL"), www.tealmining.com for correct information relating to TEAL's copper projects in Zambia and the Democratic Republic of Congo. TEAL's most recent Management's Discussion and Analysis, which was issued on 29 August 2008, can be located under the heading, "Latest Results" on the left- hand side of the website's homepage.
10 Oct 2008 08:42:52
(Media Comment)
ARM has put back by more than two years its target of raising copper output from three projects in the Democratic Republic of the Congo (DRC) and Zambia to 80 000 tons per annum, according to Business Report. The group's interest in these assets is through its 65% shareholding in TEAL Exploration - Mining Inc.
01 Sep 2008 07:13:26
(C)
Sales have doubled to R12.6 billion from the level reported for F2007 mainly as a result of increased commodity prices and sales volumes. The average Rand/US Dollar exchange rate remained fairly constant for the year at R7.30/USD (F2007: R7.20/USD), although the rate fluctuated considerably during the year. Despite the pressures of cost increases the gross profit margin has increased to 56% in F2008 from 46% in F2007. ARM`s EBITDA was R7.2 billion which represents an increase of R4.3 billion over F2007. The effective tax rate decreased to 30% in F2008, from 36% in the previous financial year, largely due to income from associate and exceptional items included in earnings not attracting tax charges. Basic earnings for the financial year are R4.5 billion (F2007: R1.2 billion) and include a R135 million gain from the receipt of the final tranche payment on the 2005 sale of 50% of Nkomati Nickel to Norilsk Nickel. It also includes an exceptional credit relating to TEAL (R34 million net gains on asset sales less impairments) and ARM Coal (R317 million profit on the asset swap involving the Douglas Tavistock Joint Venture (DTJV)). The ARM balance sheet remains robust with cash and cash equivalents increasing by R1.6 billion to R2.6 billion while gross borrowings have remained constant. The net debt to equity ratio is 8% (F2007: 27%).



Dividends

The board of directors has decided to declare an increased dividend of 400 cents per share which represents a 167% increase over the maiden dividend in F2007.



Prospects

The massive industrialisation of China is expected to continue albeit at a slightly slower rate. Nevertheless, commodities have come under pressure underlining the importance for high margin operations. As ARM starts the new financial year, the board remains confident that the company will continue to be well positioned in terms of the commodity mix, the excellent long-life low-cost operations, the future projects and expansion prospects, as well as access to resources in a region of the world which is renowned for its dominance in a number of these commodities.
01 Sep 2008 07:11:35
(Official Notice)
Assmang Ltd, which is jointly held by ARM and Assore Ltd, announced 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. This follows the successful completion of the Khumani mine expansion pre-feasibility study that shows significant value, given conservative iron ore pricing assumptions.
13 Aug 2008 17:09:01
(Official Notice)
ARM expects headline earnings per share to increase for the 12 months ended 30 June 2008 to between 1700 and 2000 cents per share (headline earnings for the 12 months to June 2007 were 580 cents per share). Basic earnings per share are expected to be in the range of 1900 and 2300 cents per share (basic earnings for the 12 months to June 2007 were 586 cents per share). The company's full year results will be released on Monday 1 September 2008.
03 Jul 2008 08:06:33
(Media Comment)
Business Day reported that ARM has taken the opposite views to other miners such as Anglo American plc about projects in the country. The group applied in March 2008 for mineral rights over platinum group metals deposits in Zimbabwe's Great Dyke region. ARM's chairman, Patrice Motsepe, is rumoured to have met President Robert Mugabe three month before the filing of the application.
22 May 2008 07:22:37
(Official Notice)
ARM announced that it is hosting analysts and fund managers for a Manganese Investor Day at the company?s Black Rock Operations. The powerpoint presentation will be available at www.arm.co.za at 09:00 am on Thursday 22 May. ARM will also host a Manganese Investor Day follow-up conference call on Tuesday 27 May 2008 at: 15:00 pm Johannesburg time; 14:00 pm UK time and 09:00 am Eastern time in the United States.
13 May 2008 15:05:43
(Official Notice)
TEAL Exploration and Mining Incorporated announced that Rick Menell has taken a decision to retire from his role as President, CEO and director. Hannes Meyer, executive director and financial officer of TEAL, has been appointed acting CEO, pending the appointment of a permanent CEO. Rick Menell will remain a non-executive director on the board of ARM.
08 Apr 2008 16:14:30
(Official Notice)
Assmang has resumed ferromanganese production with the recommissioning of one of its six furnaces at its Cato Ridge Works, outside Durban, KwaZulu Natal. The Department of Labour gave the go-ahead on Friday, 4 April 2008 for the first furnace to be recommissioned. Assmang executive director Jan Steenkamp also welcomed the opening of the first furnace, adding that the company was doing its best to ensure there was no repeat of similar incidents. Assmang has implemented safety measures proposed by the independent investigator as required by the Department of Labour, including the construction of blast protection walls surrounding the control rooms of the furnaces.
27 Feb 2008 10:51:22
(Official Notice)
Further to the announcement by Assmang Ltd (Assmang) on Monday 25 February 2008 that an explosion occurred at the No. 6 Furnace of the company?s Cato Ridge Works. Assmang regretfully announces that as a result of the explosion, a sixth employee has died and two employees are still being hospitalised. The board of directors and management of Assmang expressed its sincere condolences to the families, friends and co-workers of the deceased and extended its heartfelt sympathy to those affected by this tragic accident. Assmang has switched off all operating furnaces at Cato Ridge Works. An investigation has been launched to establish the cause of the explosion and Assmang will communicate the result of this investigation in due course. Assmang is jointly controlled between ARM (50%) and Assore Ltd (Assore) (50%).
25 Feb 2008 17:04:43
(Official Notice)
ARM announces that Mr Pieter Rorich has resigned from the ARM board with effect from the 20 February 2008, in order to pursue other interests. Other changes include:

*Mr Lincoln Allison (Stompie) Shiels has been appointed as executive director of new business, with immediate effect; and

*Monique Swartz will be heading up the investor relations function and continuing her role in new business development.
25 Feb 2008 09:06:18
(Official Notice)
Assmang Ltd (Assmang) announced on Sunday, 24 February 2008, that an explosion occurred at the No 6 Furnace of the Cato Ridge Works of Assmang. Assmang is jointly controlled between ARM (50%) and Assore (50%). Assmang regretfully announced that as a result of the explosion, five employees have died and four employees were seriously injured. The board of directors and management of Assmang expressed its sincere condolences to the families, friends and co-workers of the deceased and extended its heartfelt sympathy to those affected by this tragic accident.



Assmang has switched off all operating furnaces at the Cato Ridge Works. Management is presently meeting with the families of the affected employees, its employees as well as with employee representatives, and with the Department of Labour. An investigation has been launched to establish the cause of the explosion, and Assmang will communicate the result of this investigation in due course.
20 Feb 2008 07:46:06
(C)
Headline earnings, for the period, have increased by 35% to R741 million or 353 cents per share for the six months ended 31 December 2007 (2006: R548 million or 264 cents per share). The period under review has been characterised by strong commodity prices across the businesses and a 4% stronger average Rand/US dollar exchange rate at R6.94/US dollar. In addition, these results have been impacted by solid volume increases from the ferrous assets held through Assmang Limited (Assmang) and sales volumes which were maintained at the Platinum and Nickel operations.



Dividend

The board of directors has decided to consider dividends on an annual basis due to its significant growth pipeline. As a result no dividend was declared for the six months ended 31 December 2007.



Prospects

ARM will continue to benefit from a very strong global commodity cycle driven in the main by the supply side struggling to meet continued strong demand for infrastructure development, particularly in China. Increasing volume demand will be supported by strong US dollar prices across ARM`s product sales, particularly with regard to bulk commodities sold mainly on contract such as iron ore, manganese ore, chrome ore and thermal coal. All businesses are expected to continue to benefit from a weaker Rand to the US dollar exchange rate. The impact of electricity supply (down to 90% of average historic usage) will be managed through more innovative mining and operational schedules; optimising plant and furnace usage and the application of available electricity capacity to higher margin businesses.
12 Feb 2008 15:03:17
(Official Notice)
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 platinum group metals, thermal coal and ferrous metal prices. These positive impacts have been offset by planned lower nickel production from the Nkomati Mine as it moves from an underground to opencast operation. Results have also been impacted by lower nickel prices, lower than planned production at the platinum mines and increased exploration expenditure in Africa through TEAL. In light of the above, ARM announces that it expects headline earnings per share to increase for the six months ended 31 December 2007 to between 330cps and 370cps (headline earnings for the comparable period in 2006 were 264cps). Basic earnings have been further impacted by the R135 million gain on the receipt of the final tranche payment on the sale of 50% of Nkomati Nickel to Norilsk Nickel. Basic earnings are expected to increase to between 400cps and 430cps (previously 264cps). This trading statement has not been reviewed or reported on by the external auditors of ARM.
11 Feb 2008 08:36:57
(Media Comment)
Business Report noted that shares in ARM soared to a record high on Friday, 11 February 2008, as investors bet record metals prices would boost the group's earnings. ARM shares closed 2.22% higher at R191.56, off an intraday all-time high of R195.00.
10 Jul 2006 08:25:56
(Official Notice)
On 10 July 06 ARM and LionOre Mining International Ltd, co-owners of the Nkomati nickel mine in South Africa, announced the approval of a 60 000 tonne per month chrome ore mining and processing operation, following completion of a feasibility study in June 2006. The results of the feasibility study indicate an extremely robust project with a low capital requirement of USD2.2 million (R15.5 million) which will be funded by internal cash flow from Nkomati. The project is expected to deliver an Internal rate of return (IRR) in excess of 200% and based on the current reserve statement will operate for at least 5 years.
06 Jul 2006 16:09:09
(Official Notice)
With reference to the announcement of 28 February 2006, ARM and Xstrata announced that all regulatory conditions precedent relating to the transaction have been met.

30 May 2006 16:03:02
(Official Notice)
The company will be terminating its secondary listing on the London Stock Exchange with effect from the close of trading on 30 June 2006. A non- resident sub-register will be opened within the South African share register to which the entire United Kingdom register will be transferred. The reason for the termination of the secondary listing was as a result of the high cost of maintaining a secondary listing.
09 May 2006 16:00:15
(Official Notice)
Mr Kolobe S Mashalane was appointed an executive director of ARM responsible for ARMcoal and Mr Pieter C Rorich was appointed an executive director of ARM responsible for Investor Relations and New Business Development with effect from 9 May 2006.
09 May 2006 15:58:56
(Official Notice)
Mrs P F Smit was appointed the company secretary of ARM with effect from 9 May 2006, in place of Mrs A van der Merwe, resigned.
28 Feb 2006 08:32:15
(Official Notice)
ARM and Xstrata Coal (South Africa) will today host a discussion following the announcement of the formation of a major South African coal mining company, and will host a question and answer session after the briefing.

*Date = Tuesday 28 February 2006

*Time = 10:00 for 10:30

*Venue = Sandton Convention Centre Bill Gallagher Room, Level 2



Webcast

A live webcast of the presentation will be available at www.arm.co.za at the time of the briefing and the archive webcast will be available following the briefing. Presentation material supporting the briefing will be available at www.arm.co.za and at www.xstrata.com from 10:30 am.



Conference call

ARM Executive Chairman Patrice Motsepe, CEO Andre Wilkens and Xstrata Coal South Africa COO Peter Freyberg will conduct a conference call for fund managers and analysts on Tuesday 28 February.

*For South Africa = 16:00 pm (local time)

*For North America = 09:00 am (local time)

*For Europe = 14:00 pm (local time)
28 Feb 2006 08:28:08
(Official Notice)
ARM and Xstrata today announced that the companies have reached an agreement to establish a major black controlled coal mining company ("ARM Coal"), in a transaction valued at approximately R2.4 billion. ARM Coal will have significant operating assets and growth projects in South Africa and a substantial participation in the thermal coal domestic and export markets.



In terms of the agreement, ARM will pay R400 million and Xstrata will pay R384 million to subscribe for 51% and 49%, respectively, of the issued share capital of ARM Coal. ARM Coal will hold a 20% equity based participation interest in the existing coal operations of Xstrata South Africa (Pty) Ltd ("XSA") and a 51% interest in an unincorporated joint venture to be established, in respect of the Goedgevonden project. This will provide ARM Coal with an effective interest in XSA's coal business of approximately 29%.



To enhance ARM's participation in the South African coal industry, XSA has agreed to grant ARM an option to acquire a direct equity based participation interest in XSA's coal business of 10%, which may result in HDSA control of 36% of XSA's coal business.



The transaction is subject to regulatory approvals and is expected to complete in mid 2006. Following completion, Xstrata Coal Marketing AG will continue to market all export coal produced by Xstrata's existing operations and the Goedgevonden joint venture.
20 Feb 2006 09:38:42
(Official Notice)
ARM and LionOre Mining International, 50:50 joint venture owners of the Nkomati Nickel Mine in the Mpumalanga Province in South Africa, has given approval to proceed with a project to increase monthly production in order to maintain nickel output at 5 000 tons per month. The Joint Venture partners are continuing to evaluate the major expansion project (envisaged to include an ActivoxRegistered metal refinery) and it is anticipated that this evaluation and feasibility study would only be complete in 2007. The concentrator has been designed to form an integral part of the major expansion project in the future. The current operation processes approximately 30 000 tonnes per month from the MSB ore body with an output of 5 000 tonnes per annum of nickel and associated by-products. It is anticipated that this orebody would be depleted during 2008. A new 100 000 tons per month concentrator plant, tailings dam and related infrastructure to mine from the disseminated Main Mineralised Zone (MMZ) orebody, would be built at an estimated capital cost of R384 million, to be spent over the next 18 months. It is anticipated that full production at an annualised rate of 5 000 tonnes of nickel is to be achieved by the end of 2007 which would continue for at least 10 years. Mining of the MMZ reef would be from two areas; 47 000 tons per month from the current underground infrastructure and 53 000 tons per month from surface mining, at a combined run of mine grade of 0.58% nickel. In addition to the nickel production, the concentrate produced will contain significant by-products (copper, cobalt and PGM's) and would continue to be toll refined at various facilities around the world.
20 Feb 2006 09:12:40
(C)
Earnings were positively affected by improved results from Modikwa and not including the group's share of Harmony Gold Mining Company Ltds results (now accounted for as an investment), but negatively affected both by the participation in only 50% of Nkomati's earnings following the disposal of 50% to LionOre and lower earnings from Assmang. Revenue decreased to R2.348 billion (R2.391 billion) and cost of sales rose to R1.7 billion (R1.6 billion). Profit after tax fell to R377 million (R400 million) while attributable profit to shareholders grew to R247 million (R239 million). Headline earnings increased from R19 million to R131 million or from 9c to 64c on a per share basis.



Dividends

The company is currently involved in a high expansion phase with a significant project pipeline as well as a number of other growth opportunities. As a result the board has decided to conserve resources and not to declare a dividend for the six months ended 31 December 2005.



Outlook

Most commodity prices are expected to remain at similar, or slightly lower, levels in USD terms for the remainder of the year and the group does not expect the USD:ZAR exchange rate to be materially different from current levels. As a result the group's operations continue to strive for increased efficiencies and lower costs in order to retain competitiveness. Having made good progress in the release and development of its projects, ARM is well-positioned to meet its growth strategy of doubling production in key commodities by year 2010.
14 Feb 2006 13:54:35
(Official Notice)
Mr Peter J Manda has resigned as a non-executive director of the board of ARM with effect from close of business on 13 February 2006.
06 Feb 2006 14:23:28
(Official Notice)
ARM has announced that it expects headline earnings per share to increase for the 6 months ended 31 December 2005 to between 60c and 68c per share (9c per share). Basic earnings per share for the same period are expected to be between 110c and 130c per share (December 117c per share).



The ARM group results for the six months to December 2005 have been negatively impacted by market conditions in its ferrous metals division. Shareholders are referred to the trading update released by Assmang in this regard, dated 26 January 2006. Sales volumes and metal prices have been negatively affected in particular for manganese ore, ferromanganese and ferrochrome alloys. The significant increase in platinum group metal ("PGM") prices during the reporting period has impacted positively on the ARM operating results for its proportionate interest in the Modikwa platinum mine. Following the sale of 50% of Nkomati Nickel Mine ("Nkomati") to Lion Ore, effective 30 June 2005, results for this reporting period will only reflect 50% of the profits from this operation whereas in the comparative 6 month period the Nkomati profits were accounted for on a 100% basis. Furthermore, shareholders are reminded of the fact that the interest held in Harmony Gold ceased to be equity accounted with effect from 30 November 2004.



The company's results will be released on 20 February 2006.
28 Nov 2005 17:37:23
(Official Notice)
At the group's annual general meeting shareholders approved the re-election of all directors who retired by rotation, as well as the proposed increase in directors' fees, as per the notice of the meeting.
09 Nov 2005 17:42:57
(Official Notice)
Assore and Assmang shareholders are advised that Assore has submitted to the board of directors of Assmang a notice of its firm intention to acquire all the shares in the issued ordinary share capital of Assmang, other than those already held by Assore and ARM. The consideration payable in terms of the offer will be R2 600 in cash for each Assmang share. On this basis, the total consideration amounts to R368 million and values 100% of Assmang at R9.2 billion.



The offer to be proposed by Assore will be implemented by way of a scheme of arrangement, between Assmang and all of its shareholders, other than Assore and ARM. Should the scheme be implemented, Assore will acquire all of the scheme members' issued shares being 141 630 Assmang shares or approximately 4.0% of Assmang's shares.



In addition, Assore and ARM have entered into an agreement, in terms of which Assore will acquire from ARM at the offer price, all of the Assmang shares held by ARM in excess of 50% of the total number of Assmang's shares. As a result, Assore and ARM will each hold 50% of Assmang's shares, will jointly own and control Assmang and the listing of Assmang shares on the JSE will be terminated.



Important dates and times :

*Last day to trade in Assmang shares on the JSE in order to be recorded in the register of members of Assmang to vote at the scheme meeting on Wednesday, 18 January 05

*Record date to vote at the scheme meeting on Wednesday, 25 January 05

*Last day for receipt of forms of proxy for the scheme meeting by 12:00 on Thursday, 26 January 05

*Scheme meeting to be held at 12:00 on Monday, 30 January 05

*Announcement of results of the scheme meeting on SENS on Monday, 30 January 05

*Court hearing to sanction the scheme at 10:00 on Tuesday, 7 February 05

*Announcement on SENS regarding the sanctioning of the scheme on Tuesday, 7 February 05
08 Nov 2005 08:23:57
(Official Notice)
ARM, on 8 November 05, announced that TEAL Exploration - Mining Inc ("TEAL") filed a final prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with TEAL's initial public offering of 17.8 million common shares at a price of CAD2.25 per share. The size of TEAL's offering is approximately CAD40 million. Closing of the offering is anticipated to occur on 15 November 2005. TEAL has granted to the underwriters an over allotment option to purchase up to 2.67 million additional common shares at CAD2.25 per share, which is exercisable, in whole or in part, until 30 days after the closing of the offering. The Toronto Stock Exchange has conditionally approved the listing of TEAL. Prior to the closing of the offering, TEAL will acquire all of the non-South African mineral development and exploration portfolio of ARM, which will hold 35 million common shares in TEAL and will be a 66% shareholder on listing.
04 Nov 2005 15:51:44
(Official Notice)
The company's annual financial statements for the year ended 30 June 2005, contained within the annual report 2005, were issued on 4 November 2005. An abridged report will not be published as the information contained in the preliminary report dated 8 September 2005 is unchanged.
28 Oct 2005 17:35:30
(Official Notice)
Mrs A van der Merwe was appointed the company secretary of ARM with effect from 19 October 2005.

13 Oct 2005 12:35:55
(Official Notice)
Options granted to the following directors on 10 October 2005:

F Abbott -- 94 135

WM Gule -- 97 719

PT Motsepe -- 133 784

JC Steenkamp -- 94 135

AJ Wilkens -- 112 865



*Nature of transaction: Grant of share options in terms of the Anglovaal Mining Share Incentive Scheme

*Strike price: R37,00 per option

*Vesting dates for: 33,3% of options on 10 October 2006

*Exercising of options: 33.3% of options on 10 October 2007 and 33.3% of options on 10 October 2008

Any options not exercised by 10 October 2013 will lapse

*Class of securities : Ordinary shares

*Extent of interest : Direct beneficial

The remuneration committee granted the necessary authority to offer these options in terms of 3.66 of the Listings Requirement.

22 Sep 2005 16:08:02
(Official Notice)
12 Sep 2005 08:54:08
(C)
06 Sep 2005 17:42:52
(Official Notice)
The group results to June 2005 have been positively impacted by a strong performance from its ferrous metals and nickel divisions owing to increased volumes and high commodity prices as well as a considerably weaker exchange rate during May and June 2005. The ARM interest in Harmony Gold ceased to be equity accounted with effect from 30 November 2004. In light of the above, ARM has announced that it expects headline earnings per share for the twelve months ended 30 June 2005 to be between 165c and 180c per share (2004: 37c per share). The company`s year end results will be released on 12 September 2005.
30 Jun 2005 17:49:04
(Official Notice)
RH Phillips retired as the group company secretary of ARM with effect from close of business on 30 June 2005.
07 Jun 2005 15:51:57
(Official Notice)
ARM and Impala Platinum Holdings Ltd (Implats) today announced that the companies will proceed with the 220 000 oz per year platinum group metals (PGM) project, Two Rivers Platinum (Pty) Ltd (Two Rivers) on the Eastern Limb of the Bushveld Complex. The joint venture between the companies is held 55% by ARM and 45% by Implats. The JV has contracted ARM to manage the project, while Implats will undertake the processing and refining through its subsidiary Impala Refining Services (IRS). Two Rivers` capital expenditure is estimated to be in the region of R1.2bn to commissioning. R600m project finance has been secured through ABSA and Nedbank, with the balance of the funding being contributed by the two partners in their respective shareholding ratios (ARM R330m and Implats R270m). The mine will employ about 1 000 people, including contractors, The decision to proceed follows a successful trial mining phase to test all critical project assumptions. The mining and stockpiling of nearly 240 000 tons of UG2 ore, as well as extensive access development has substantively validated geological and mining feasibility parameters. Two Rivers is located in the southern, central part of the eastern limb of the Bushveld Complex in the Mpumalanga province of South Africa. Both the Merensky and the UG2 reefs are found on the property, but the initial focus of the new Two Rivers mine will be the UG2 Reef. The UG2 reserve totals 40 million tons at a 6E mill grade of 4.18g/t. A platinum to palladium ratio of 5:3 adds to the attractiveness of this project.
02 Jun 2005 17:51:34
(Official Notice)
ARM announced on 2 February 2005, a transaction valued at USD48.5m in which LionOre Mining International (LionOre) would partner ARM in a 50:50 joint venture at Nkomati Mine. This included LionOre paying USD20m for participation in the significant Nkomati expansion project, if the two partners agree to proceed. All conditions precedent have been met, including unconditional approval from the South African Competition Commission on the formation of the joint venture.
08-Oct-2018
(X)
African Rainbow Minerals (ARM) is a leading South African diversified mining and minerals company with long-life, low unit cost operations.



ARM mines and beneficiates iron ore, manganese ore, chrome, platinum group metals, copper, nickel and coal. ARM also produces manganese alloy and has an investment in gold through its shareholding in Harmony.



ARM's strategy is focused on quality growth within its portfolio of assets and ensuring that all ARM's operations are positioned below the 50th percentile of each commodity's global cost curve. This is achieved, in conjunction with ARM's joint venture partners, through volume growth and continuous improvement in operational efficiencies. ARM also continuously assesses acquisition and partnership opportunities.



ARM is organised into four Divisions:

*ARM Platinum - The ARM Platinum division comprises three operating mines, Modikwa and Two Rivers Platinum mines and Nkomati Nickel Mine. It has an effective 41.5% interest in Modikwa where local communities hold an 8.5% effective interest. The remaining 50% is held by Anglo American Platinum. Two Rivers is a joint venture with Impala Platinum Holdings (Implats), with ARM holding 54% . Nkomati is a 50:50 partnership with Norilsk Nickel Africa. ARM Platinum also has an interest in two joint ventures with Platinum Australia (PLA), the Kalplats Platinum Project and the Kalplats Extended Area Project.

*ARM Ferrous - The ARM Ferrous operations, held through its 50% investment in Assmang, consist of three divisions: iron ore, manganese and chrome. Assore Ltd., ARM's partner in Assmang, owns the remaining 50%.

*ARM Coal - ARM's economic interest in the Participating Coal Business (PCB) is 20.2%. PCB consists of two large mining complexes situated in Mpumalanga. ARM has a 26% effective interest in the Goedgevonden Mine situated near Ogies in Mpumalanga.

*ARM Copper - The disposal of ARM's 40% effective interest in the Lubambe Copper Mine was completed on 22 December 2017.

*Harmony - ARM owns 14.6% of Harmony's issued share capital.





Send e-mail to for any enquiries or see Contact Details for phone numbers
Home   •   Terms & conditions   •   PAIA   •   Privacy Policy   •   Security Notice   •   Contact Details
Market Statistics are calculated by Sharenet and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
© 2018 SHARENET (PTY) Ltd, Cape Town, South Africa
Best in 800x600 with IE6 or Mozilla Firefox