ARM’s Profit Surges

Base Metals Investing

Reuters Africa reports that on Monday, African Rainbow Minerals (JNB:ARIM) announced first-half profit.

Reuters Africa reports that on Monday, African Rainbow Minerals (JNB:ARIM) announced first-half profit.

The market news is quoted as saying:

ARM, which has interests in nickel, coal, iron ore, platinum, chrome and manganese, said the outlook for its commodities was positive due to demand from China and global supply constraints, although the strong rand was a concern.

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