https://www.miningweekly.com
South African Rand|Nkomati|Mining|Platinum|African Rainbow Minerals|Iron Ore
||||
south-african-rand|nkomati|mining|platinum|african-rainbow-minerals|iron-ore

Higher PGM prices, rand strength give ARM's headline earnings a boost

21st August 2026

By: Creamer Media Reporter

     

Font size: - +

Diversified miner African Rainbow Minerals (ARM) expects to report a 12% to 22% year-on-year increase in headline earnings to between R3.02-billion and R3.29-billion for the financial year ended June 30, while headline earnings a share are expected to increase to between R15.44 and R16.82.

ARM says the increase in headline earnings was primarily driven by higher US dollar platinum group metals (PGM) basket prices, partially offset by lower average realised rand iron-ore prices, reflecting the strengthening of the rand against the dollar.

Basic earnings are expected to increase by between 1 105% and 1 115% year-on-year to between R3.98-billion and R4.01-billion, while basic earnings a share are expected to increase by between 1 120% and 1 130% year-on-year to between R20.62 and R20.79.

Basic earnings include a profit on disposal of ARM's investment in the Sakura ferroalloys business of R241-million and a gain of R462-million on the remeasurement of ARM's pre-existing 50% interest in Nkomati.

ARM will publish its results on September 4.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

The Southern African Institute of Mining and Metallurgy
The Southern African Institute of Mining and Metallurgy

The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...

VISIT SHOWROOM 
Rosond
Rosond

ROSOND provides fast, efficient, safe, and cost-effective drilling and grouting services to mining and exploration industries throughout Africa.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (11/09/2026)
Updated 6 hours ago By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.049 0.071s - 115pq - 2rq
Subscribe Now