The major challenge of the mining industry is the imperative of growth, African Rainbow Minerals (ARM) executive chairperson Dr Patrice Motsepe said on Wednesday, when the 25 000-employee ARM reported record financial results. “You’ve got to replace the orebody that you’re mining with an equally world-class and an equally competitive orebody,” said Motsepe at ARM’s presentation of cash-rich interim results, which include a 100%-higher interim dividend of R10 a share. (Also watch attached Creamer Media video.)
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