African Rainbow Minerals increases its headline earnings by 40%
Headline earnings for 1H F2023 increased by 40% to R5 171 million (1H F2022: R3 696 million). Headline earnings for
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ARM
ARM pleased with the acquisition of the Bokoni Platinum Mine
African Rainbow Minerals reports that its ARM Platinum headline earnings decreased by 34% to R3 066 million (F2021: R4 666 million),
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ARM Coal profits driven by increased export thermal coal prices
Significantly higher export coal prices drove a R1 178 million increase in ARM Coal headline earnings to R928 million (F2021:
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ARM Platinum mines down due to negative mark-to- market adjustments
ARM Platinum headline earnings decreased by 34% to R3 066 million (F2021: R4 666 million). Modikwa Mine reported a 17%
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Bokoni PGM operation complements ARM’s current PGM portfolio
The ARM’ Bokoni mine transaction represents an opportunity for ARM to acquire a significant South African PGM operation that complements
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Mechanised mining operation + high PGM grades = low unit costs
It’s a very risky deal says an expert on African Rainbow Minerals’ (ARM) announcement to acquire all the shares in
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Anglo American Platinum sells its interest in Bokoni Mine
Anglo American Platinum announces that Bokoni Platinum Holdings has entered into a Sales and Purchase Agreement to dispose of its
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ARM Platinum headline earnings increase to R4.7bn in F2021
ARM Platinum headline earnings increased by R3 524 million to R4 666 million in F2021 (F2020: R1 142 million), positively
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ARM Ferrous earnings 77% higher driven by iron and Mn ores sales
ARM Ferrous headline earnings were 77% higher at R7 927 million (F2020: R4 479 million) as a 104% increase in
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ARM doubles earnings due to higher iron ore and PGM prices
African Rainbow Minerals in its trading Statement for the six months ended 31 December 2020 says headline earnings for 1H
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