African rainbow minerals price to book value afbof. South africa is a country of many cultures, known by its citizens as the rainbow nation. Largescale and profitable mining started with the discovery of a diamond on the banks of the orange river in 1867 by erasmus jacobs and the subsequent discovery and exploitation of the kimberley pipes a few years later. African rainbow minerals mining global mining news.
Nkomati mine is a joint venture between african rainbow minerals pty ltd and norilsk nickel, and. African rainbow capital to raise r4bn by listing assets on jse in september. Worlds richest black billionaires of 2018, forbes list. Arms goedgevonden coalmine near witbank is a flagship of their joint venture with xstrata, and produces 6. Org chart african rainbow minerals the official board. Meet the worlds richest black billionaires of 2018.
The books homepage helps you explore earths biggest bookstore without ever leaving the comfort of your couch. The company mines and beneficiates iron ore, manganese ore and alloys, platinum. Year on year african rainbow minerals ltd s net income fell 22. Arm owns ferrous and base metals, platinum and coal operations and holds a significant interest in the gold mining sector through its shareholding in harmony. Now he spends much of his time focusing on improving the lives of african. Founder and chairman of african rainbow minerals, patrice motsepe, also launched a. African rainbow minerals south african company britannica. African rainbow minerals ltd annual shareholders meeting dec 04, 2020. African rainbow minerals arm, the jse listed diversified mining company, which is chaired by billionaire, patrice motsepe, declared a record dividend and reduced its debt in the year to june as. Mar 15, 2017 after a successful career as a lawyer at bowman gilfillan, motsepe founded arm african rainbow minerals in 1997 and turned it into one of the largest mining and mineral groups in the world. Afbof key executives, insider trading, ownership, revenue and average growth rates.
African rainbow minerals is a leading south african diversified mining and minerals company, with worldclass longlife, low unit cost assets. To achieve this, we offer competitive remuneration, a safe and healthy workplace, clear and attractive career. Patrice tlhopane motsepe, african rainbow minerals ltd. The company mines and beneficiates iron ore, manganese ore and alloys, chrome ore and alloys, platinum group metals, copper, nickel and coal. African rainbow minerals vacancies careers jobs in south africa. African rainbow minerals vacancies careers jobs in south. Mining assets in the northern cape global africa network. African rainbow minerals ltd company projects arim. Here youll find current best sellers in books, new releases in books, deals in books, kindle ebooks, audible audiobooks, and so much more. Patrice motsepe is the executive chairman, founder and mike schmidt is ceo. African rainbow minerals swot analysis top african. African rainbow produces nickel, platinum, chromium, cobalt, copper, gold, iron, manganese, palladium, rhenium and rhodium in south africa and in zambia, develops platinum in south africa, and holds various exploration projects in south africa. Mar 26, 2015 arm african rainbow minerals vacancies, jobs and careers african rainbow minerals is a leading south african diversified mining and minerals company, with worldclass longlife, lowcost assets.
The report contains detailed information about african rainbow minerals ltd. The mining rights stretch over the farms slaaihoek and uitkomst. African rainbow minerals mining companies in africa. African rainbow minerals arm is a leading south african diversified mining and minerals company with longlife, low unit cost operations and significant growth opportunities. Nkomati mine, uitkomst complex, waterval, nkangala district, mpumalanga, south africa. The company also has shares in harmony mines through which it has gold investments. Jul 16, 2017 with this golden opportunity staring him in the face, patrice motsepe promptly founded the african rainbow minerals arm and proceeded to acquire one of the mine shafts that were up for sale by anglogold. African rainbow minerals ltd is a south african diversified mining and minerals company. About african rainbow minerals ltd african rainbow minerals ltd. The company mines and beneficiates iron ore, manganese ore and alloys, chrome ore. Mining companies that support the mission of with premium level sponsorship can. The aboriginal indigenous people the san bushmen and khoikhoi collectively known as khoisan were joined by an influx of bantu and europeans to evolve into presentday south africas cultural makeup. Patrice motsepes african rainbow minerals arm will pay its first interim dividend since it listed in 2007.
African rainbow minerals ltd arm integrated annual. African rainbow is a producing nickel and platinum company based in south africa. Patrice tlhopane motsepe born 28 january 1962 is a south african mining billionaire businessman of tswana descent. Mining in south africa was once the main driving force behind the history and development of africas most advanced and richest economy. Kumba iron ore has the huge sishen facility at kathu and kolomela. African rainbow minerals limited arm is a mining and minerals company. He sits on several company boards, including being the nonexecutive chairman of harmony gold, the worlds 12th largest gold mining. Arms african assets are held in a joint venture with vale. To continue, you can add a name in one of the org charts you recently viewed or test our premium. Mar 12, 2019 26 of the richest people in south africa. In african rainbow minerals swot analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors. African rainbow minerals in south africa company mining. Forester described african rainbow minerals south african company patrice tlhopane motsepe.
An increase in the cost of goods sold as a percentage of sales from 82. View realtime stock prices and stock quotes for a full financial overview. Arm in its current form was formed in may 2004, to explore, develop, operate and. Read more inspire your inbox sign up for daily fun facts about this day in history, updates, and special offers. African rainbow minerals ltd profile african rainbow minerals ltd news african rainbow minerals ltd market indicators african rainbow minerals ltd projects and resources african rainbow minerals ltd valuation go to african rainbow minerals ltd properties african rainbow minerals ltd corporate presentation african rainbow minerals. African rainbow minerals limited arm is a leading diversified south african mining company.
He is the founder and executive chairman of african rainbow minerals, which has interests in gold, ferrous metals, base metals, and platinum. He has since diversified into a number of other key sectors, including financial services. Forester also wrote biographies and history books, including the last nine days of the bismarck 1959. African rainbow minerals in 1997 and turned it into one of the largest mining and mineral groups in the world. In depth view into african rainbow minerals price to book value including historical data from 2018, charts, stats and industry comps. Production is expanding at the two rivers platinum. The complete list of south african adrs trading on the us otc markets as of jan 1, 2020 are listed below. African rainbow minerals corporate social responsibility. Founder and chairman of african rainbow minerals, patrice motsepe, also launched a new private. Arm african rainbow minerals vacancies, jobs and careers african rainbow minerals is a leading south african diversified mining and minerals.
Arm mines and beneficiates iron ore, manganese ore and alloys, chrome ore and alloys, platinum group metals, copper, nickel and coal. Nkomati mine, uitkomst complex, waterval, nkangala. Jnb share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. Assmang, a joint venture comprising african rainbow minerals and assore, mines at khumani. With this golden opportunity staring him in the face, patrice motsepe promptly founded the african rainbow minerals arm and proceeded to acquire one of the mine shafts that were up for sale by anglogold. African rainbow minerals limited incorporated in the republic of. African rainbow minerals limited arm is a niche, diversified south african mining company with excellent longlife, lowcost operating assets in key commodities. In addition, african rainbow minerals has an investment in gold.
Patrice motsepes african rainbow minerals to pay its first. African rainbow minerals arm is a leading diversified south african mining and minerals company with longlife, low unit cost operations and significant growth opportunities. Our business strategy depends on our ability to attract, develop and retain the best talent at every level. Johannesburg stock quote african rainbow minerals ltd. African rainbow minerals limited arm is a leading diversified south african mining company with excellent longlife, lowcost operating assets in key commodities. Quickshare ari sharenet your key to investing on the. The motsepe family and associated businesses have committed r1bn to fighting the effects of the coronavirus pandemic, becoming the third family inside of a week to do so. Arm also has an investment in gold through its shareholding in harmony. African rainbow minerals limited arm is a niche, diversified south african mining company with excellent longlife, lowcost operating assets in key. Creation of modikwa platinum, a joint venture with anglo platinum. African rainbow minerals is a south africas first blackowned mining company based in johannesburg south africa. Unfortunately, you dont own enough credit to see this new org chart.
Motsepe family donates r1bn to help poor fight covid19. African rainbow capital arc, the investment company mining magnate patrice motsepe launched in 2016, will list some of its assets on the main board of the jse in september, raising about r4bn in the process. African rainbow minerals ltd arm integrated annual report. African rainbow minerals limited is a mining company based in south africa. Stories from a south african childhood by trevor noah, waiting for the barbarians by. Patrice motsepes african rainbow minerals to pay its. Arm subsidiary teal houses arms nonsouth african exploration portfolio. Billionaire motsepes arc to raise 4 billion rand in share. Ari jse ari share price, pe, sector peers, directors, sens news and share price charts and comparisons on. Driven by the asian commodities boom, arms share price has rocketed in.
Za financial statements in full, including balance sheets and ratios. Arm is involved with mining manganese ore, iron ore, chrome ore, pgms, coal, nickel and copper, and with producing chrome and manganese alloys. Arbwy stock quote african rainbow minerals ltd bloomberg. Arm mines iron ore, manganese ore and alloys, chrome ore and alloys, platinum group metals, copper, nickel and coal.
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