Patrice Motsepe - Mining Africa
Sep 10, 2017 · Motsepe is the founder of several wholly owned subsidiaries including African Rainbow Minerals Platinum, ARM Consortium Limited, which was subsequently co-owned with Anglo American Platinum Corp Ltd. In 2005 Motsepe was named Chairman of Teal Exploration and Mining.
Patrice Motsepe - Forbes
South African Billionaire Patrice Motsepe Invests In Mining Firm African Rainbow Capital (ARC), an investment firm controlled by South African billionaire Patrice Motsepe, has acquired an 18.36%...
Patrice Tlhopane Motsepe | South African businessman ...
Motsepe made his fortune through mining interests that eventually expanded in 2004 to form a successful multifaceted mining company, African Rainbow Minerals (ARM). In spite of having grown up in the apartheid era, Motsepe fared better than many other South African blacks.
Patrice Motsepe Biography, Age, Family, Wife, Children ...
May 20, 2020 · Patrice Motsepe founded a company called Future Mining, which provided contract mining services that included the cleaning of gold dust from inside mine shafts, for the Vaal Reefs Gold mine, applying a system of worker remuneration that combined a low …
5 things to know about South African billionaire Patrice ...
2. Motsepe was born in Soweto, 28 January 1962. 3. The mining magnate studied a Bachelor of Arts Degree at the University of Swaziland and went on to pursue a Law Degree at the University of the ...
Lord Of The Mines: Billionaire Patrice Motsepe - Ventures ...
Jul 17, 2012 · From a low-level mining services business, Motsepe has built one of Africa’s largest mining companies. In 2010 ARM had revenues of about $2 billion and the company currently employs over 9,500 people. As a result of his 40 percent stake in ARM, Motsepe is now one of Africa’s wealthiest men, with a net worth estimated at close to $3 billion.
African Rainbow Minerals - mining companies in Africa
Started by South African entrepreneur Patrice Motsepe in 1997, ARMGold was the first mining company in South Africa owned by a black person. In 2002 Motsepe listed the company on the Johannesburg Stock Exchange (JSE). The following year he formed a merger with Harmony Gold and the company became the fifth biggest gold producer in the world.
New Jerseys sand mining industry provides some of the ...
“Second only to perhaps Illinois, the purity and quality is the best in the country here in New Jersey,” said Wade Sjogren, co-owner of WHIBCO Inc., a sand-mining operation based in Bridgeton.
African Rainbow Minerals (ARM)
African Rainbow Minerals Limited (ARM) is a niche, diversified South African mining company with excellent long-life, low-cost operating assets in key commodities. ARM owns ferrous and base metals, platinum and coal operations and holds a significant interest in the gold mining sector through its shareholding in Harmony.
Patrice Motsepe: Black Entrepreneurs & Executives Profiles
Oct 18, 2004 · Mr. Motsepe formed African Rainbow Minerals (ARM) in 1997 and acquired a number of marginal shafts at Vaal Reefs in January 1998 on favourable financial terms, followed by the purchase of other marginal shafts owned by AngloGold in the Free State. Today hes the biggest single shareholder of the worlds fifth-largest gold mining company.
South African Billionaire Patrice Motsepe Invests In ...
Sep 24, 2016 · African Rainbow Capital (ARC), an investment firm controlled by South African billionaire Patrice Motsepe, has acquired an 18.36% stake in public listed Afrimat, a company listed on the...
African Rainbow Minerals - Wikipedia
ARM was founded by Patrice Motsepe as South Africas first black-owned mining company. Motsepe founded ARMGold in 1997, which went on to list on the Johannesburg Stock Exchange (JSE) in 2002. In 2003 ARMGold merged with Harmony Gold Mining to form the world’s 5th largest gold producer.
Patrice Motsepe - Biography: Mansions, Private Jets and ...
African Rainbow Minerals was the first black owned mining company in South Africa. All his hard work led to Motsepe being named South Africa’s wealthiest man in 2012, with a fortune consisting of $2.4 billion. However, he moved down to sixth place in 2017, with a new balance of $1,8 Billion.
Patrice Motsepe Bitcoin : Has He Invested in Bitcoin ...
Patrice Motsepe is a South African billionaire with an estimated net worth of $2.4 billion as of February 2020. Mostepe is the founder and chairman of African Rainbow Minerals, a leading mining company based in South Africa.