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ARM headline earnings up 19%, dividend declared
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The headline earnings of diversified mining company African Rainbow Minerals (ARM) increased by 19% to R3 201-million in the financial year ended June 30 on mainly higher dollar platinum group metals (PGM) basket prices.
Revenue increased by 25% to R16 323-million and the dividend from Harmony Gold was a 113%-higher R512-million.
ARM Platinum headline earnings…
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