The financial results released by African Rainbow Minerals (ARM), founded by Patrice Motsepe, show a drop in revenue and that ...

Iron ore prices have tumbled the past two years owing to China ... The expected write-downs relate to property, plant and equipment at Beeshoek (R96m after tax); R36m related to Assmang’s stake in ...

The Ore Users Forum, which counts Anglo’s Kumba Iron Ore and Assmang among its members, declined to comment. Richards Bay Coal Terminal, the privately owned coal-export port whose shareholders ...