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Motsepe donates R30m to 26 varsities towards student registration fees

2024-02-25 | South African billionaire Patrice Motsepe's foundation has donated R30m to 26 university student representative councils (SRCs) towards student registration fees and historical debt. Read more

Russia’s Nornickel pays $18m to drop stake in Nkomati mine

2023-11-27 | Russia's Nornickel will pay $18 million (R332m) to pass its 50% stake in Nkomati Nickel Mine to its partner African Rainbow Minerals, ARM said on Friday last week, ending years of Nornickel's attempts to exit Africa. Read more

African Rainbow Minerals (ARM) sponsors R20 million into research at Wits

2023-11-22 | ARM Postdoctoral Fellowship Programme to support research into water, energy and digitalisation in the Faculty of Engineering and the Built Environment. Read more

Official launch of the African Rainbow Minerals Geometallurgy Research Chair

2023-10-18 | Worldwide and in southern Africa the minerals sector is looking towards the emerging field of geometallurgy as a means towards unlocking value and enhancing sustainability practice during ore extraction.. Read more

African Rainbow Minerals reshuffles its board

2023-10-08 | African Rainbow Minerals (ARM), the diversified miner chaired by Patrice Motsepe, has announced that Michael Arnold, its finance head and non-executive director will step down as part of a board reshuffle. Read more

Cost focus is key, new African Rainbow Minerals CEO emphasises

2023-09-05 | JOHANNESBURG (miningweekly.com) – Ensuring cost-competitive operational performance and increasing efficiencies and outputs to improve margins were cited as being key by new African Rainbow Minerals (ARM) CEO Phillip Tobias when he outlined the operating, low price, logistics, power, water and above-inflation cost challenges of ARM’s 2023 financial year to June 30. Read more

African Rainbow Minerals reports decline in profits due to lower production, weaker commodity prices.

2023-09-05 | African Rainbow Minerals (ARM) yesterday reported a 21% decline in annual profit, citing lower production and weaker commodity prices. In its results for the financial year ended June 30, 2023, the diversified miner said headline earnings per share were R48.51 compared with R57.87 the previous year.. Read more

Hope that reopening of Bokoni mine will revive jobs

2023-08-01 | There’s hope that the planned reopening and full operation of Bokoni Platinum Mine in Atok will revive jobs that were lost when the mine was placed under care and maintenance in 2017.. Read more

African Rainbow Minerals dishes out dividend as interim earnings surge

2023-03-06 | African Rainbow Minerals (ARM) has declared an interim dividend of R14 per share as the diversified miner's headline earnings surged 40%, largely as a result of strong export coal prices.. Read more

African Rainbow Minerals to deliver early ounces from Bokoni platinum mine

2023-02-20 | JOHANNESBURG (miningweekly.com) – Diversified mining company African Rainbow Minerals (ARM) has invested R1-billion of capital to deliver early ounces at the Bokoni platinum group metals (PGMs) mine, the company said on Monday when the JSE-listed company delivered 40%-higher headline earnings to R5 171-million in the six months to the end of December.. Read more