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Organisational overview and activities

Group at a glance

OPERATING ENTITIES COMMODITY MINED TYPE OF OPERATION DESCRIPTION ATTRIBUTABLE PROFIT/(LOSS)
Joint-venture entity (Assmang)       Rmillion
IRON ORE DIVISION Iron ore Mining, crushing, screening and dense medium jigging Iron ore is mined in the Northern Cape in open-cast operations at the Khumani Iron Ore Mine which is located near Kathu in the Northern Cape and at the Beeshoek Iron Ore Mine which is located outside Postmasburg. The bulk of the ore is exported. 2011: R2 325,5
2010: R   718,3
MANGANESE DIVISION Manganese Mining, washing and screening of ore
Smelting of ferromanganese
Production of refined ferromanganese
Various grades of manganese ore are mined at the Nchwaning and Gloria mines, located in the Black Rock area of the Northern Cape province and manganese alloys are produced at the Cato Ridge Works in KwaZulu-Natal. Cato Ridge Alloys, a joint venture with Japanese partners, produces re ned ferromanganese at the Cato Ridge Works. Feed for the Cato Ridge Works is derived from Assmang’s manganese mines and the bulk of both ore and alloy production is exported. 2011: R 684,9
2010: R 740,1
CHROME ORE DIVISION Chrome ore Mining and concentrating of ore
Pelletising of ore and smelting and production of ferrochrome
Chrome ore is mined at the Dwarsrivier Mine near Lydenburg in Mpumalanga province and is either supplied to the Machadodorp Ferrochrome Works or exported. 2011: (R 116,9)
2010: (R   92,3)
Subsidiary companies        
RUSTENBURG MINERALS DEVELOPMENT COMPANY Chrome ore Mining and concentrating of ore Chrome ore is mined near Rustenburg in open-cast operations and production is supplied mainly to the local market. The company has recently completed one of two planned decline shafts with the other shaft expected to be commissioned at the end of 2011. The underground operations will replace the existing open-cast operations. 2011: R31,0
2010: R  8,2
ZEERUST CHROME MINES Chrome ore Mining and concentrating of ore of chrome Chrome ore is mined at the Zeerust Chrome Ore Mine, located in the vicinity of Zeerust in the North West province. 2011: (R8,4)
2010: (R3,2)
WONDERSTONE Wonderstone Mining and beneficiation of Wonderstone and manufacture of ceramic products The company mines a type of pyrophyllite, which, for trade purposes, is referred to as Wonderstone. The bulk of the material mined is bene ciated to produce high-precision components manufactured to customers’ speci cation which are exported to the United States of America and the United Kingdom. The company also produces a range of wear and acid-resistant tiles and ceramic products used mainly for chute liners in the local mining industry. 2011:   R2,6 
2010: (R4,3)
ORE & METAL COMPANY Non-mining operation Marketing, sales and shipping of products Ore & Metal Company Limited is responsible for the marketing, sales 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. 2011: R187,5
2010: R126,9
MINERAIS U.S. LLC Non-mining operation Marketing of minerals and alloys in USA Minerais U.S. LLC is a trading company, and responsible for marketing and sales administration of the group’s products in the USA, in particular manganese and chrome alloys, and trades in various related commodities. 2011: R11,4
2010: R17,3
AFRICAN MINING AND TRUST COMPANY Non-mining operation Operational management, exploration and technical adviser African Mining and Trust Company Limited is technical adviser to Assmang and other group companies and provides operational management to group mines and plants. 2011: R134,1
2010: R  81,6