ARM lifts veil on how it aims to make money from Bokoni Platinum …
The acquisition price includes a R3.3bn shareholder loan provided by Amplats to its former partner in Bokoni, Atlatsa Platinum as it sought to make the mine profitable. Mike Schmidt, CEO of ARM, said at the firm's interim results presentation that his company's approach in solving the Bokoni conundrum was to focus on mining Bokoni's UG2 ...
