Transcription of ANNUAL REPORT 2007 - ShareData Online
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ANNUAL REPORT 2007 - ShareData Online
AssoreAnnual REPORT 2007 Assore House15 Fricker RoadIllovo BoulevardJohannesburg profile2 Highlights for the year3 Group structure of operating companies4 Group at a glance6 Board of directors10 Chairman s review16 Review of operations20 Mineral resources and reserves32 Corporate governance report36 Black economic empowerment38 Five-year summary40 Corporate information41 Consolidated financial statements contents42 Approval of ANNUAL financial statements andCertificate by company secretary43 Independent auditors REPORT to the members of Assore Limited44 Directors report50 Consolidated balance sheet51 Consolidated income statement52 Consolidated cash flow statement53 Consolidated statement of changes in equity54 Notes to the consolidated financial statements85 Company financial statements cont
Iron Ore Division Iron ore Beeshoek Mine Mine and dense medium Iron ore is mined at the Beeshoek open-cast operations (see page 17) jigging which are located outside Postmasburg in the Northern Cape. Khumani Mine Construction of surface Detrital iron ore from the new Khumani Iron Ore Mine near
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