Iron ore volumes
Up by 47%
to a record 14,8 million tons
Headline earnings
Up by 15,2%
to a record R3,7 billion
Dividends per share
Up by 22,2%
to R5,50 for the 2012 financial year
HDSA ownership now all


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 and chrome alloys. The group is also responsible for marketing all products produced by the group, the bulk of which is exported and the remainder either used in the group’s beneficiation processes or sold locally.