African Rainbow Minerals (ARI-JO)

QUOTE AND NEWS
Mining Weekly  Apr 29  Comment 
Patrice Motsepe, the South African mining magnate and executive chairperson of African Rainbow Minerals has plans to invest in Guinea's iron-ore industry, he told reporters after meeting Guinea's president Alpha Conde on Friday. Motsepe, South...
Mining Weekly  Apr 19  Comment 
Trade union Solidarity on Friday said it had filed an urgent application for an interim interdict to prevent mining group Assmang from terminating the union’s recognition agreement with the company and implementing a unilateral agency agreement....
Mining Weekly  Feb 27  Comment 
Exploration drilling is showing high mineralisation down-dip of African Rainbow Minerals’ (ARM’s) newly commissioned copper project in Zambia. “The mineralisation is nearly double that of the existing project,” ARM CEO Mike Schmidt tells...
Mining Weekly  Feb 27  Comment 
The “prohibitive” increasing cost of South African electricity in the powering of smelters remains a major concern, says African Rainbow Minerals (ARM) CEO Mike Schmidt. Responding to questions following ARM’s reporting of 30%-lower...
Mining Weekly  Feb 27  Comment 
The paying of unaffordable wages and salaries will destroy the future of the South African mining industry, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe has reiterated. Responding to Mining Weekly Online following ARM’s...
Mining Weekly  Feb 26  Comment 
The headline earnings of the South African diversified mining company African Rainbow Minerals (ARM) fell 30% in the six months to December 31. The earnings of R1.41-billion for the second half of 2012 compared with R2-billion in the first half...
Mining Weekly  Feb 18  Comment 
A fall in realised iron-ore prices, coupled with above-inflation unit cost increases at some operations have resulted in African Rainbow Minerals’ (ARM) expecting its earnings a share for the six months ended December 2012, to be lower at...
Metal Bulletin  Sep 3  Comment 
African Rainbow Minerals’ (ARM) and Vale have started working on the second phase of the Lubambe Copper Project in Zambia, targeting total output of 100,000 tpy of concentrate.
Mining Weekly  Sep 3  Comment 
Employers had to set a limit on unreasonable pay demands by labour unions, African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe said on Monday. “We have to draw the line,” Motsepe reiterated in response to Mining Weekly Online...
Mining Weekly  Jun 1  Comment 
JSE-listed African Rainbow Minerals (ARM) on Friday announced that as of June 1, the group would reduce the number of executive directors serving on the board from eight, to five. The company said that it would retain the former executive...





 

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