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Group at a glance

 

Location of operations in South Africa

 
The activities of the group were conducted through its jointly controlled entities and subsidiary companies which are set out in the group structure chart click here to view.
 
Map
 
The profit/(loss) contributions for the various classes of business of the group were as follows:
    
2008  
 
2007  
    
R’000  
 
R’000  
  Mining and beneficiation  
2 764 474  
 
655 098  
  Marketing and shipping  
454 167  
 
120 553  
  Profit on disposal of availablefor-sale investments  
19 221  
 
36 786  
  Other  
(59 497) 
 
(9 082) 
  Profit per income statement  
3 178 365  
 
803 355  
 
  Operating             Type of    
  entities   Commodity     Operation   operation   Description
  JOINT-VENTURE ENTITY                      
  (ASSMANG)                  
  Manganese Division   Manganese   dot Nchwaning Mine   Mine, washing and   Manganese ore is mined in the Black Rock area of the
                screening   Northern Cape province and manganese alloys are
                    produced at the Cato Ridge Works in KwaZulu-Natal.
  dot Gloria Mine   Mine, washing and   Cato Ridge Alloys, a joint venture with Japanese
        screening   partners, produces refined ferromanganese at the
  dot Cato Ridge   Ferromanganese   Cato Ridge Works. Feed for the Cato Ridge Works
    Works   smelting   is derived from Assmang’s manganese mines and
  dot Cato Ridge   Refined   the bulk of both ore and alloy production is exported.
     Alloys   ferromanganese    
          conversion    
  Chrome Division     dot Dwarsrivier   Mine and   Chrome ore is mined at Dwarsrivier Mine near
  Chrome         Mine   concentrator   Lydenburg in Mpumalanga province and production
                    is used mainly to supply the group’s Machadodorp
          dot Machadodorp   Smelter and   Ferrochrome Works.
    Works   pelletising plant    
  Iron Ore Division Iron ore     dot Beeshoek Mine   Mine, crushing,   Iron ore is mined at the Beeshoek open-cast
                screening   operationswhich are located outside Postmasburg in
        and dense   the Northern Cape.
              medium jigging    
  dot Khumani Mine   Mine, crushing,   Iron ore is mined in open-cast operations which are
        screening and dense   located near Kathu in the Northern Cape.
            medium jigging     
  SUBSIDIARY COMPANIES                  
  Rustenburg Minerals       dot Rustenburg   Mine and   Chrome ore is mined near Rustenburg in open-cast
  Chrome         Mine   concentrator   operations and production is supplied mainly
  Development Company                 to the local market. The company is in the process
                    of developing two decline shafts which, when in
                  productionn early 2009, will replace the existing
                open-cast operations.
  Wonderstone         W/S   Mining of   The company mines a type of pyrophyllite, which,
            Wonderstone   Wonderstone   for trade purposes, is referred to as Wonderstone.
    Mine   and manufacture of   The bulk of the material mined is beneficiated to
        ceramic products   produce high precision components manufactured to
            customers’ specification which are exported to the
            United States of America, the United Kingdom and the
            Far East. The company also a produces range of
              wear and acid resistant tiles forthe local market.
  Zeerust Chrome Mines       dot Zeerust Chrome   Mining of chrome   Processing chrome dumps.
  Chrome                  
  Xertech   n/a     Xertech   Manufacture of   The group’s synthetic diamond production facility
        synthetic   operates from premises in Linbro Park on the outskirts
        diamonds   of Johannesburg under the name of Xertech. All
            production is currently for export.
  Ore and Metal Company   n/a     Ore and metal   Marketing and   Ore and Metal Company Limited is responsible for the
        shipping of products   marketing and shipping of all the group’s products,
            including those produced by the three divisions of
            Assmang. Strong relationships have been established
            with customers in Europe, North America, South
            America, India and the Far East.
  Minerais U.S. LLC   n/a     Minerais   Marketing of minerals   Minerais U.S. LLC is responsible for marketing and
        and alloys in USA   sales administration of the group’s products in the USA,
            in particular manganese and chrome alloys, and trades
            in various related commodities.
  African Mining and Trust   n/a     African Mining   Exploration and   African Mining and Trust Company Limited is technical
  Company             technical adviser   adviser to Assmang and other group companies for
                which it receives fee income.
 
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