mike schmidtlatest news & developments
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…