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Assore Limited Company Snapshot
Assore Limited is a mining holding company, which is principally engaged in ventures involving base minerals and metals. The Company's segments include Joint venture mining and beneficiation; Marketing and shipping, and Other mining and beneficiation. Its principal investment is an approximately 50% interest in Assmang Proprietary Limited (Assmang), which mines iron and manganese ores, and produces manganese and chrome alloys. The Joint venture mining and beneficiation segment operations include Iron ore; manganese ore and alloys, and Chrome ore. The Company and its subsidiaries are engaged in marketing and shipping of Assmang's product. In addition, another subsidiary provides consulting and engineering services. Its Other mining and beneficiation segment contains the chrome operations managed by Rustenburg Minerals Development Company Proprietary Limited and Zeerust Chrome Mines Limited, as well as the pyrophyllite and ceramic operations of Wonderstone Limited.

Sales Analysis. During the year ended June of 2016, sales at Assore Limited were 2.03 billion South African Rands (US$153.87 million). This is a decrease of 19.7% versus 2015, when the company's sales were 2.53 billion South African Rands. Contributing to the drop in overall sales was the 17.1% decline in Other Mining and Beneficiation, from 350.14 million South African Rands to 290.23 million South African Rands. There were also decreases in sales in Iron Ore Division (down 0.7% to 12.53 billion South African Rands) and Manganese Division (down 6.8% to 6.67 billion South African Rands) and Marketing and Shipping (down 11.8% to 2.65 billion South African Rands) . However, these declines were partially offset by the increase in sales of Chrome Division (up 5.3% to 1.89 billion South African Rands) .
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Assore Limited
  Stock Performance Chart for Assore Limited
  Stock Data: Recent Stock Performance:
  Current Price (8/18/2017): 239.20
(Figures in South African Rands)
1 Week 4.9%   13 Weeks 20.5%  
4 Weeks 16.5%   52 Weeks 44.5%  
Assore Limited Key Data:
  Ticker: ASR Country: South Africa
  Exchanges: JNB Major Industry: Materials
    Sub Industry: Iron Ores
  2016 Sales 2,027,813,000
(Year Ending Jan 2017).
Employees: 13,719
  Currency: South African Rands Market Cap: 24,680,656,000
  Fiscal Yr Ends: June Shares Outstanding: 103,180,000
  Share Type: Ordinary Closely Held Shares: 73,190,000
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