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South Africa: ARM Strengthens Its Strategic Position at Harmony Gold
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African Rainbow Minerals (ARM), a South African mining group chaired by Patrice Motsepe, secured 24% of its stake in Harmony Gold, i.e. 18 million shares representing 2.84% of the capital of the gold producer, in order to strengthen its liquidity and prepare for possible external growth operations. ARM holds about 12% of the capital...
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