Most silicosis claimants living in poverty, say lawyers

2018-05-03 21:21

Lawyers say it would be difficult to quantify the exact number of possible claimants to be covered in the R5bn silicosis settlement, and that the majority of them are living in poverty.

ARM posts 15 % jump in first-half profit

2018-03-16 14:29

The rand-dollar exchange rate, the Mining Charter and socio-economic conditions present uncertainties for African Rainbow Minerals, as it moves into the second half of its financial year.

African Rainbow Minerals pays highest dividend to date

2017-09-07 12:13

African Rainbow Minerals - chaired by billionaire Patrice Motsepe - has increased headline earnings 204%, its provisional results show.

Shares in Motsepe's ARM rally on 234% jump in headline earnings

2017-03-16 17:08

Patrice Motsepe’s African Rainbow Minerals reported a R283m loss, despite growing headline earnings by 234%.

Mine firms file leave to appeal silicosis, TB ruling

2016-07-15 15:27

The six companies that are members of the Occupational Lung Disease Working Group want leave to appeal against a class action certification judgment.

Motsepe: Mining sector will overcome difficult times

2015-07-12 12:00

SA can overcome its mining industry challenges, as long as global shareholders look at it as a competitive and a good industry to invest in, says Patrice Motsepe.

Billionaire Motsepe upbeat about gold

2015-06-05 14:13

African Rainbow Minerals, owned by billionaire Patrice Motsepe, will keep its stake in Harmony Gold even as SA’s third-biggest miner of the metal trades at 17-year lows.

ARM may cut jobs over weak metal prices

2015-03-16 17:33

African Rainbow Minerals, which was founded and now chaired by billionaire Patrice Motsepe, says it could cut jobs after weak metal prices ate into earnings.

African Rainbow Minerals' earnings climb

2014-09-05 15:37

African Rainbow Minerals, founded by billionaire Patrice Motsepe, has reported a 10% rise in headline earnings for the year ended June 30.

Don't hate the player

2010-12-16 10:50

SA entrepreneurs need to move on and put the BEE bugbear to rest, says Marc Ashton.


Community blames 'arrogant' mine for unrest

2018-04-15 07:24

A revolt is brewing among one of the communities at the richest end of the country’s platinum belt and fingers are being pointed at the “arrogant” mines for neglecting community concerns.

Patrice Motsepe's ARM drops KPMG

2017-10-23 13:53

African Rainbow Minerals has dropped KPMG as its internal auditors, the company said.

Motsepe's ARC could raise over R3bn in listing

2017-06-15 19:00

African Rainbow Capital, financial-services firm started by Patrice Motsepe plans to raise more than R3bn in an initial public offering of its investment-holding unit.

Motsepe’s ARM finally pays up

2017-01-15 06:29

Mining house faces looming battle over lease valuation.

African Rainbow Minerals to cut jobs as profits halve

2016-03-13 11:17

Diversified mining group African Rainbow Minerals says its profit has halved due to sharply softer commodity prices, prompting layoffs and cost cuts to stay afloat.

Assore buys ARM's stake in chrome mine

2015-06-25 10:51

Iron ore producer Assore has bought out African Rainbow Minerals' 50% stake in the country's Dwarsrivier chrome mine.

Afrikaans business people inspire Motsepe

2015-06-05 07:59

Patrice Motsepe says the way Afrikaans business people intertwined their own success with their own communities should be broadened throughout South Africa.

ARM earnings more than halve on weak prices

2015-03-16 14:16

Mining group African Rainbow Minerals says its earnings have fallen by more than 50% due to lower prices for commodities such as iron ore and platinum.

African Rainbow Minerals lifts earning

African Rainbow Minerals, founded by billionaire Patrice Motsepe, has reported a 10% jump in headline earnings from R3.737bn to R4.11bn.

0 comments2 Views

After-tax profits: Resources to continue to lead

2010-06-02 15:22

An exception is the gold industry. South African gold miners are struggling to maintain production levels.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.