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.
African Rainbow Minerals
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.
South African billionaire Patrice Motsepe shields African Rainbow Minerals brand in fresh trademark win
Patrice Motsepe has scored another trademark win as South Africa's Companies Tribunal forced a Durban firm to strip the African Rainbow name from its registration.
Patrice Motsepe's ARM hauls Durban-based African Rainbow Star before tribunal over trademark infringement
Patrice Motsepe's African Rainbow Minerals has hauled a Durban-based company before the Companies Tribunal, accusing it of infringing several of its registered trademarks.
Patrice Motsepe's African Rainbow Minerals wins trademark fight against Durban company using similar name
Patrice Motsepe's African Rainbow Minerals has won a Companies Tribunal ruling ordering Durban-based African Rainbow Star to change its name or face forced renaming within 30 days.
South African billionaire Patrice Motsepe's ARC wins ruling in $195m Tanzania graphite lawsuit
The Gauteng High Court has ruled that Patrice Motsepe's African Rainbow Capital cannot be sued for $195 million by US firm Pula Group over an alleged breach of a confidentiality agreement tied to a Tanzanian graphite project, handing Motsepe a significant but partial legal victory.
Patrice Motsepe's African Rainbow Minerals is buying a stake in Canadian copper explorer Surge Copper Corp
Patrice Motsepe's African Rainbow Minerals is buying a near-20% stake in Canadian copper explorer Surge Copper Corp through a CAD3.98 million private placement.
Motsepe tops the ANC poll as South Africa 2027 race heats up
A new poll has placed Patrice Motsepe far ahead of all rivals in South Africa's ANC race, despite his rejection of any political ambition.
Patrice Motsepe emerges as top pick to lead ANC and become South Africa's next president
Billionaire Patrice Motsepe is the frontrunner to lead the ANC and become South Africa's next president, according to a leading political analyst.
Patrice Motsepe is set to pocket $24.6 million African Rainbow Minerals interim dividend
African Rainbow Minerals raised its interim dividend to 500 cents per share, putting R455 million into Patrice Motsepe's pocket.
Platinum price surge puts Patrice Motsepe's ARM in position to restart projects it shut down a year ago
Patrice Motsepe's African Rainbow Minerals doubled its profit in six months as platinum prices surged, putting previously shelved expansion projects back on the table.
Patrice Motsepe's African Rainbow Minerals and other mining giants to benefit from the Middle East conflict
Gold is trading above $5,400 an ounce. South Africa's mining billionaires may be the unlikely beneficiaries of a widening Middle East war
Patrice Motsepe’s African Rainbow Minerals expands mining empire with manganese export terminal at Ngqura Port
Patrice Motsepe's African Rainbow Minerals is joining a consortium to build a new manganese export terminal at Ngqura Port in the Eastern Cape.
South African billionaire Patrice Motsepe's ARM posts $114 million operating profit
Patrice Motsepe's ARM has swung back to profitability, posting R1.9 billion ($113.9 million) in operating profit as revenue climbed 31% to R8.4 billion ($503.9 million).
Patrice Motsepe emerges in leadership speculation as South Africa debates its future
South African billionaire Patrice Motsepe is back in national leadership conversations as the country debates its future, despite his repeated denials of political ambition