WATCH: Higher coal and manganese prices boost African Rainbow Mineral

Business Day TV speaks to ARM CEO Mike Schmidt

African Rainbow Minerals CEO Mike Schmidt. Picture: FREDDY MAVUNDA/BUSINESS DAY
African Rainbow Minerals CEO Mike Schmidt. Picture: FREDDY MAVUNDA/BUSINESS DAY

African Rainbow Minerals has weathered Transnet issues, as well as rising diesel costs. That’s as the diversified miner delivered a 40% jump in headline earnings per share, benefiting from higher coal and manganese prices. Business Day TV caught up with the company’s CEO, Mike Schmidt, for a closer look into its interim performance.

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