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Patrice Motsepe's ARM posts R1.9bn operating profit
Summary by Billionaires.Africa
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Patrice Motsepe's ARM posts R1.9bn operating profit
African Rainbow Minerals delivered a sharp turnaround in the first half of its 2026 financial year, swinging back to R1.9 billion ($113.9 million) in operating profit after posting a R409 million ($24.5 million) operating loss in the same period a year earlier — a result that signals the miner is gaining traction after a bruising stretch of weak commodity prices and rising costs.Revenue for the six months ended Dec. 31, 2025, climbed 31% to R8.4…
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