Diversified mining company African Rainbow Minerals (ARM) has invested R1-billion of capital to deliver early ounces at the Bokoni platinum group metals (PGMs) mine, the company said on Monday when the JSE-listed company delivered 40%-higher headline earnings to R5 171-million in the six months to the end of December. The definitive feasibility study for newly acquired Bokoni is expected to be completed by June by the company headed by Dr Patrice Motsepe, which declared an interim dividend of R14 a share amounting to R3 145-million.
