ARM Leans on PGMs as Coal, Iron Ore Disappoint

Platinum Price Surge Lifts African Rainbow Minerals’ Annual Profit - NewsTmes.com.ng

African Rainbow Minerals (ARM), a diversified South African mining company, has reported a 19 per cent increase in annual headline profit, supported by a strong recovery in platinum-group metal prices. The company’s headline earnings rose to 3.201 billion South African rand ($200.3 million) for the financial year ended June 30, 2026, from 2.695 billion rand …

PGM rebound lifts African Rainbow Minerals' earnings as iron ore, manganese slide

The recovery in platinum group metals (PGM) prices has boosted Patrice Motsepe’s African Rainbow Minerals (ARM) amid weaker performances from iron ore, manganese and coal operations. The mining company reported a 25% increase in revenue to R16.3-billion, while headline earnings increased 19% to R3.2-billion for the year ended June 2026. This improvement was attributed to stronger PGM prices, which helped ARM Platinum move from an R1.29-billion h…

ARM profit surges to R4 billion as dividend rises 17%

African Rainbow Minerals lifted revenue 25% to R16.3 billion and swung from a gross loss to R4.4 billion profit in the year to June 30.

ARM leans on PGMs as coal, iron ore disappoint

AFRICAN Rainbow Minerals (ARM) benefited from a sharp recovery in its platinum business in its 2026 financial year, helping offset a swing into losses at coal and a steep decline in iron ore earnings. Headline earnings increased 19% to R3.2bn for the year to end-June, from R2.7bn previously. ARM said the increase was primarily driven […]