Asset Report
Beeshoek iron ore mine
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Report summary
Beeshoek is located in the Northern Cape province of South Africa. The mine is owned by Assmang, a 50/50 JV between Assore and African Rainbow Minerals, and produces high grade lump and fines products. All production from Beeshoek (3 Mtpa) is supplied to ArcelorMittal under a long term supply agreement which is expected to continue for the life of the mine. After costs falling each year since 2013, operating costs rose in 2017 due to rising labour and power costs. We expect higher domestic inflation to put pressure on costs going forward.
What's included
This report contains
Table of contents
- Key facts
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Summary and key issues
- Summary
- Key issues
- Location maps
- Participation
- Geology
- Reserves and resources
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Production
- Production
- Operations
- Infrastructure
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Costs
- Cash costs
- Cash costs
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Sales contracts
- Product quality
- Economic assumptions
Tables and charts
This report includes 13 images and tables including:
Tables
- Key facts: Table 1
- Participation
- Marketable reserves (at 01/01/2018)
- Operations
- Infrastructure
- Economic assumptions
- Production: Table 1
- Costs: Table 1
- Capital costs
- Sales contracts: Table 1
Images
- Detail map
- Production
- Costs: Image 1
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