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Patrice Motsepe's ARM expects earnings to rise up to 22%

African Rainbow Minerals expects headline earnings to rise between 12 and 22 percent for the year to June, as higher platinum group metals prices offset a weaker performance from its iron ore business.The diversified miner founded by Patrice Motsepe told shareholders on Friday that headline earnings would come in between $188.4 million and $205.2 million (R3.02 billion to R3.29 billion), against $168.4 million (R2.7 billion) a year earlier. Head…
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Billionaires.Africa broke the news on Saturday, August 22, 2026.
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