Edition:
United States

African Rainbow Minerals Ltd (ARIJ.J)

ARIJ.J on Johannesburg Stock Exchange

15,100.00ZAc
19 Feb 2019
Change (% chg)

-- (--)
Prev Close
15,100.00
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
551,856
52-wk High
16,238.00
52-wk Low
9,025.00

Latest Key Developments (Source: Significant Developments)

African Rainbow Minerals Sees HY HEPS 8-15 Pct Higher
Friday, 15 Feb 2019 07:35am EST 

Feb 15 (Reuters) - African Rainbow Minerals Ltd ::TRADING STATEMENT IN RESPECT OF THE SIX MONTHS ENDED 31 DECEMBER 2018 (1H F2019).SEES HY HEPS EXPECTED TO INCREASE BY BETWEEN 8% AND 15% TO BETWEEN 1 100 AND 1 180 CENTS (1H F2018: 1 023 CENTS).H1 BASIC EARNINGS EXPECTED TO REDUCE BY BETWEEN 24 PCT AND 30 PCT TO BETWEEN 650 CENTS AND 700 CENTS PER SHARE.  Full Article

SA's Competition Tribunal Approves African Equity Empowerment Investment-Saab Grintek Technologies Merger
Wednesday, 6 Feb 2019 09:42am EST 

Feb 6 (Reuters) - SA's Competition Tribunal::UNCONDITIONALLY APPROVED MERGER WHERE AFRICAN RAINBOW MINERLAS SEEKS TO BUY MACHADODORP WORKS' DIVISION.UNCONDITIONALLY APROVED MERGER WHERE AFRICAN EQUITY EMPOWERMENT INVESTMENT SEEKS TO BUY SAAB GRINTEK TECHNOLOGIES.  Full Article

African Rainbow Minerals Announces Restructuring Of ARM Coal Debt
Monday, 25 Jun 2018 07:50am EDT 

June 25 (Reuters) - African Rainbow Minerals Ltd ::RESTRUCTURING OF ARM COAL DEBT.PARTIES CONCLUDED RESTRUCTURING OF DEBT OF R3.98 BILLION OWED BY ARM AND ARM COAL TO GOSA AT 30 JUNE 2017.PARTIES ALSO CONCLUDED RESTRUCTURING OF DEBT OF R1.83 BILLION OWED BY PCB TO ARM AND ARM COAL AT 30 JUNE 2017.MATURITY DATE FOR ALL DEBT OWED BY ARM AND ARM COAL TO GOSA IS EXTENDED TO 31 DECEMBER 2029.  Full Article

African Rainbow Minerals Says Bus Transporting Modikwa Platinum Mine Employees Set Alight By Unknown Individuals‍​
Tuesday, 3 Apr 2018 06:02am EDT 

April 3 (Reuters) - African Rainbow Minerals::ON APRIL 2, BUS TRANSPORTING MODIKWA PLATINUM MINE EMPLOYEES SET ALIGHT BY UNKNOWN INDIVIDUALS‍​.SIX MODIKWA PLATINUM MINE EMPLOYEES DIED, 44 RECEIVING MEDICAL ATTENTION.  Full Article

African Rainbow Minerals Posts HY HEPS of 1,023 Cents​
Friday, 16 Mar 2018 01:05am EDT 

March 16 (Reuters) - African Rainbow Minerals Ltd ::HY ‍HEADLINE EARNINGS PER SHARE WERE 1 023 CENTS​.‍HY NET DEBT REDUCED TO R1 102 MILLION VERSUS R3 508 MILLION ​.HY REVENUE ‍5,020​ MILLION RAND VERSUS 4,950 MILLION RAND YEAR AGO.‍BOARD HAS APPROVED AND DECLARED AN INTERIM DIVIDEND OF 250 CENTS PER SHARE​.‍US DOLLAR COMMODITY PRICES FOR MOST OF COMMODITIES THAT ARM PRODUCES REMAIN STRONG INTO 2H F2018​.  Full Article

African Rainbow Minerals Sees H1 HEPS To Increase By Between 10 Pct And 16 Pct
Tuesday, 27 Feb 2018 07:30am EST 

Feb 27 (Reuters) - African Rainbow Minerals Ltd ::‍HEADLINE EARNINGS PER SHARE FOR H1 2018 ARE EXPECTED TO INCREASE BY BETWEEN 10% AND 16% TO BETWEEN 986 AND 1 037 CENTS​.H1 ‍HEADLINE EARNINGS POSITIVELY AFFECTED BY RISE IN AVERAGE REALISED US DOLLAR COMMODITY PRICES FOR MOST OF COMMODITIES ARM PRODUCES​.  Full Article

African Rainbow drops KPMG South Africa as internal auditor
Monday, 23 Oct 2017 06:04am EDT 

Oct 23 (Reuters) - African Rainbow Minerals Ltd :TERMINATES INTERNAL AUDIT AND OTHER SERVICES WITH KPMG SOUTH AFRICA (KPMG) ‍​.AFRICAN RAINBOW - NOTED THE QUESTIONS RAISED ABOUT KPMG’S GOVERNANCE AND ETHICS COMPLIANCE AS WELL AS ALLEGATIONS REGARDING THE LAWFULNESS.  Full Article

African Rainbow Minerals ‍FY HEPS at 1,684 cents vs 494 cents yr ago​
Thursday, 7 Sep 2017 01:06am EDT 

Sept 7 (Reuters) - African Rainbow Minerals Ltd ::‍FY HEADLINE EARNINGS INCREASED BY 204% TO R3 196 MILLION (F2016: R1 051 MILLION)​.‍FY HEADLINE EARNINGS PER SHARE WERE 1,684 CENTS COMPARED TO 494 CENTS IN PREVIOUS CORRESPONDING FINANCIAL YEAR​.‍DIVIDEND DECLARED INCREASED BY 189% TO 650 CENTS PER SHARE (F2016: 225 CENTS PER SHARE)​.‍AT 30 JUNE 2017 ARM WAS IN A NET DEBT POSITION OF R1 271 MILLION COMPARED TO NET DEBT OF R4 235 MILLION AT 30 JUNE 2016​.AFRICAN RAINBOW MINERALS - CO, GLENCORE OPERATIONS SOUTH AFRICA ARE IN DISCUSSIONS CONCERNING RESTRUCTURING OF ARM COAL PARTNER LOANS.  Full Article

African Rainbow Minerals sees 2017 HEPS between 1625-1702 cents
Monday, 21 Aug 2017 10:30am EDT 

Aug 21 (Reuters) - AFRICAN RAINBOW MINERALS LTD ::2017 HEPS EXPECTED TO INCREASE BY BETWEEN 229%-245% COMPARED TO 2016 TO BETWEEN 1625 AND 1702 CENTS.2017 BASIC EARNINGS PER SHARE ARE THEREFORE EXPECTED TO INCREASE TO A BASIC EARNINGS PER SHARE OF BETWEEN 695-745 CENTS.  Full Article

African Rainbow Minerals announces disposal of indirect interest in Lubambe copper mine
Tuesday, 15 Aug 2017 10:44am EDT 

Aug 15 (Reuters) - AFRICAN RAINBOW MINERALS LTD ::‍DISPOSAL OF ARM'S INDIRECT INTEREST IN LUBAMBE COPPER MINE​.‍ARM AND VALE CONCLUDED AGREEMENT TO SELL 80% INDIRECT INTEREST IN ZAMBIA'S LUBAMBE MINE TO EMR CAPITAL BIDCO.‍PURCHASE CONSIDERATION FOR DISPOSAL IS US$97.10 MILLION AND WILL BE SETTLED IN CASH​.  Full Article

South African phosphate miner plans London IPO by year-end - CEO

CAPE TOWN, Sept 25 South African phosphate miner, Kropz, is on track to list on London's AIM Stock Exchange by the end of the year as it prepares for first production from its main asset in 2019, its chief executive said on Tuesday.