miningmx

AFRICAN RAINBOW MINERALS LIMITED (ARI)

Mining
Last trade:

R172.38

  Last close:

R171.00

Change:

0.81%

  Broker Consensus:

Buy

Volume:

644957

 

Overview
Profile
Chart
JSE TODAY
Total value(R)   R10.30bn
Total volume traded   323.04m
Total shares traded   300
Shares up   122
Shares down   236
Shares unchanged   223
Shares active   403
Number of deals   109400
INTERNATIONAL INDICES
Indicator Value   %
DOW JONES INDUS. 10467.16   -0.29
S&P 1101.53   -0.42
CAC 3651.91   -0.50
DAX 6134.70   -0.72
Hang Seng 21093.82   0.00
CURRENCIES
Currency Value   %  
ZAR/USD 7.3255   0.13
ZAR/EUR 9.5745   -0.53
ZAR/GBP 11.4319   -0.04
USD/EUR 1.3069   -0.62
AUD/USD 1.1109   -0.11
COMMODITIES
Commodities Value   %
Brent Crude Oil 77.51   1.99
Gold 1168.06   0.44
Palladium 485.00   3.41
Platinum 1562.50   1.92
Silver 17.62   -0.23
AFRICAN RAINBOW MINERALS LIMITED TODAY
Open   R171.86
High   R172.57
Low   R170.17
Prev close   R171.00
Volume traded   644957
Value traded   R63.81m
No. of trades   1430
 
 
These Market Statistics are calculated by McGregor BFA and are therefore not the official JSE Market Statistics. The calculation/derivation may include underlying JSE data.
Price Earnings Ratio (pe)   69.26
Dividend Yield (dy)   1.02
Earnings Yield (ey)   1.44
KEY RATIOS
 
Bid Volume Bid To Buy Offer To Sell Volume  
699 R172.31 R172.38 644957  
HISTORY
 
2006 The formation of ARM Coal, the company’s new coal investment, was announced in February 2006. ARM Coal holds a 20% interest in the existing coal operations of Xstrata Coal South Africa, and a 51% interest in an unincorporated joint venture which holds the Goedgevonden Coal Project. Subsequent to the financial year-end, the ARM Board approved the exercise of the option to acquire an additional 10%, directly, in Xstrata Coal South Africa, for R400 million by 1 September 2006. 2005 In November, ARM listed TEAL Exploration & Mining Incorporated (TEAL), on the Toronto Stock Exchange and later on the JSE Limited, into which ARM’s non-South African exploration portfolio was injected. This exploration portfolio includes copper projects in Zambia, a copper-cobalt project in the Democratic Republic of Congo (DRC) and a gold project in Namibia. 2004 In May, a range of indivisible transactions involving certain interests of Avmin, ARMgold and Harmony resulted in the formation of two entities – Harmony Gold in its current form, and ARM. 2003 In May, ARMgold merged with Harmony to create the world’s sixth largest gold company 2002 The gold assets of ARMgold are listed in May 2001 Platinum assets are bolstered with the development of Modikwa Platinum in a joint venture with Anglo Platinum Limited 1994 ARM Executive Chairman Patrice Motsepe started Future Mining, a contract mining company which, following a series of acquisitions of gold interests from Anglo American Corporation of South Africa Limited, led to the formation of ARMgold Limited 1933 Anglo-Transvaal Consolidated Investment Company Limited incorporated as a mining, finance and industrial holding company. That group was unbundled in 1998, allowing Anglovaal Limited to focus on core mining operations through Anglovaal Mining Limited (Avmin).
CONTACTS
 
Contact   Monique Swartz / Corne Bobbert
Contact Desc   Corporate Development and Head of Investor Relatio
Contact Tel   +27 11 779 1507 / +27 11 779 1478
Contact Fax   +27 11 779 1312
Contact Email   monique.swartz@arm.co.za/corne.bobbert@arm.co.za
Industry   Basic Materials
Sector   Mining
PROFILE
 
ARM, its subsidiaries, joint ventures and associates explore, develop, operate and hold interests in the mining and minerals industry. The current operational focus is on precious metals, ferrous metals and alloys, which include platinum group metals, nickel, iron ore, manganese ore, chrome ore, ferromanganese, ferrochrome alloys and thermal coal. TEAL Exploration & Mining Incorporated, listed on the Toronto Stock Exchange and the JSE Limited, holds ARM's non-South African exploration portfolio. The exploration portfolio includes copper projects in Zambia, a copper-cobalt project in the Democratic Republic of Congo (DRC) and a gold project in Namibia.
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