South African billionaire Patrice Motsepe's mining executive faces ban bid over tax filing
Assore wants a court to bar an executive at Patrice Motsepe's African Rainbow Minerals after their jointly owned miner missed a tax deadline.
African Rainbow Minerals
South African billionaire Patrice Motsepe earned $1.7 million before stepping back at ARM
Patrice Motsepe was paid R28.5 million for his last seven and a half months as executive chairman of African Rainbow Minerals, its annual report shows.
South African billionaire Patrice Motsepe still faces $195 million Tanzania claim, Pula says
Pula Group says a Tanzanian court did not throw out its $195 million claim against Patrice Motsepe's companies, disputing African Rainbow Minerals' account.
South African billionaire Patrice Motsepe's African Rainbow Minerals stake drops to $781 million
Patrice Motsepe's African Rainbow Minerals shares have lost about $300 million this year as the miner spends on platinum and fights its partner in court.
South Africa's wealthy Sacco family accuses billionaire Patrice Motsepe's ARM of power grab
Assore, the mining house controlled by South Africa's Sacco family, says Patrice Motsepe's ARM has taken powers it lacks at their shared mining venture.
South African billionaire Patrice Motsepe sees $195 million lawsuit struck out in Tanzania
Tanzania's High Court has struck out Pula Group's $195 million damages claim against Patrice Motsepe and his companies, two months after a first strike-out.
South African billionaire Patrice Motsepe's mining company sued by its partner
Assore has sued African Rainbow Minerals over who runs Assmang, the iron ore and manganese miner they own equally. ARM rejects the claims.
Patrice Motsepe's African Rainbow Minerals profit jumped twelve-fold to $248 million
African Rainbow Minerals lifted revenue 25% to R16.3 billion and swung from a gross loss to R4.4 billion profit in the year to June 30.
South African billionaire Patrice Motsepe's ARM faces a fresh appeal in $195 million case
A Tanzanian judge struck out Pula's $195 million claim against Patrice Motsepe on Aug. 7 without ruling on the merits. Pula has now appealed.
Billionaire Patrice Motsepe triumphs as Tanzanian court strikes off $195 million claim
The High Court of Tanzania removed the claim from its roll over unjoined parties, leaving the underlying allegations against Patrice Motsepe's companies undecided.
Patrice Motsepe's ARM has lost 21% this year as analysts question his platinum bet
ARM has fallen 21% this year while Anglo American and BHP gained, as analysts question the R15.2 billion revival of the Bokoni platinum mine.
Billionaire Patrice Motsepe's ARM bets $912 million on platinum, reopening the mine it shut
Patrice Motsepe's African Rainbow Minerals will spend $912 million redeveloping the Bokoni platinum mine it closed last year, betting on a supply shortage.
Billionaire Patrice Motsepe rules out South African presidency and FIFA bid in double denial
Billionaire Patrice Motsepe has ruled out running for South Africa's presidency, and separately rejected any interest in leading FIFA after Gianni Infantino.
South Africa's richest black person loses $700 million in 3 months
A gold price crash and a 34% Harmony Gold selloff have erased $700 million from Patrice Motsepe's fortune since March, Forbes data shows.
Norway's sovereign wealth fund acquires 5% stake in South African billionaire Patrice Motsepe's ARM
Norges Bank, manager of Norway's $1.8 trillion sovereign wealth fund, has disclosed a 5.02% stake worth approximately R3 billion in Patrice Motsepe's African Rainbow Minerals.
South African billionaire Patrice Motsepe's ARM seals Boliden off-take deal that could restart Nkomati nickel mine
Patrice Motsepe's African Rainbow Minerals has signed a conditional nickel off-take deal with Sweden's Boliden, opening the door to restarting its mothballed Nkomati mine.