Profile

Assore is a mining holding company engaged principally in ventures involving base minerals and metals.

The group’s principal investment is a 50% interest in Assmang Limited (Assmang) which it controls jointly with African Rainbow Minerals Limited (ARM). The group, through its various joint-venture entities and subsidiary companies, is involved in the mining of iron, manganese and chrome ores together with other industrial minerals and the production of manganese alloys. The group is also responsible for marketing all products produced by the Assore and Assmang groups, the bulk of which is exported and the remainder either used in the group’s beneficiation processes or sold locally.

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Report element   Guidelines   Reference
         
Mineral Resources and Reserves   South African Code for Reporting Mineral Resources and Mineral Reserves (SAMREC Code), and the Australian Institute of Mining and Metallurgy Joint Ore Reserves Committee Code (JORC Code)   here, the complete Mineral Resources and Reserves report is located on the group’s website under “Annual reports” in the “Investor centre”
Corporate governance and risk management   King Code on Corporate Governance, issued in September 2009 (King III)   here and throughout
Black economic empowerment status report   Mineral and Petroleum Resources Development Act and the Broad-based Socio-economic Empowerment Charter for the South African Mining Industry issued thereunder (the Mining Charter) and Codes of Good Practice, issued by the Department of Trade and Industry (dti)   here
Sustainability   Various relevant guidelines, as well as those contained in the global reporting initiative (GRI) G3 indicators   here, throughout and the complete sustainability report, located on the group’s website under “Annual reports” in the “Investor centre”
Annual financial statements   International Financial Reporting Standards (IFRS), the SAICA Financial Reporting Guides as issued by the Accounting Practices Committee, South African Companies Act, as amended, and JSE Listings Requirements   here