Why, this time, ARM thinks Bokoni Platinum will fly
THE new development plan for African Rainbow Minerals’ Bokoni Platinum Mine amounts to a “completely different business proposition,” according to ARM COO, Jacques van der Bijl.…
ARM chases down chrome revenue as PGMs fade
AFRICAN Rainbow Minerals (ARM) is accelerating plans to move into copper and chrome production after a major correction in platinum group metals (PGM) and lower coal prices drove…
ARM weighs reopening of ‘low carbon’ Nkomati Nickel
AFRICAN Rainbow Minerals (ARM) said it was considering different business combinations for its Nkomati Nickel mine, including partnering with “an integrated end-user”. The mine,…
ARM defers Bokoni after writing down PGMs for R1.4bn
AFRICAN Rainbow Minerals (ARM) has deferred the expansion of its Bokoni Platinum Mine saying in its interim results announcement on Friday it would conserve cash. Basic earnings…
ARM appoints Philip Tobias as new CEO bringing to end Schmidt’s 10-year leadership
AFRICAN Rainbow Minerals (ARM), the black-owned diversified mining business founded by the organisation’s executive chair Patrice Motsepe has appointed ARM chief operating…
ARM confident it can overturn history by making money at ill-fated Bokoni Platinum mine
THE key factor which could make or break plans to revitalise the Bokoni Platinum mine by new owner African Rainbow Minerals (ARM) could be the geology encountered as development…
ARM to spend R14.5bn in PGM expansion after clinching Bokoni Platinum deal
AFRICAN Rainbow Minerals (ARM) will invest R14.5bn in two platinum projects over the next three years as the group anticipates that a recovery in autocatalyst demand and…
ARM considers restarting options at Nkomati Nickel following 42% price surge
AFRICAN Rainbow Minerals (ARM) may restart production at Nkomait Nickel operations in South Africa’s Mpumalanga province following an improvement in the price of the metal. Mike…
ARM lifts veil on how it aims to make money from Bokoni Platinum where others have failed
AFRICAN Rainbow Minerals (ARM) explained today how it intended to turn a profit from its newly acquired Bokoni Platinum Mines where previous owners have failed dismally. ARM…
ARM’s public musings may be a prelude to the biggest shakeup of its 18-year history
IMPORTANT changes may be afoot at African Rainbow Minerals (ARM) which appears to be weighing up existential questions over structure and strategy. Typically, investment…
Sibanye-Stillwater “seriously considering” making Covid-19 vaccinations mandatory
SIBANYE-Stillwater was “seriously considering” making Covid-19 vaccinations mandatory on its South African and North American operations. Discovery, the medical scheme…
ARM singles out vanadium as long term battery metal investment target
AFRICAN Rainbow Minerals (ARM) intended to broaden its commodity reach into more battery metals such as vanadium, said the group’s CEO, Mike Schmidt. “I think it will be a…