Patrice Motsepe is a South African mining businessman. He is the founder of African Rainbow Minerals and serves as its executive chairman. The company has interests in a wide range of mines, including gold, base metals, ferrous …
In this extract from 'Patrice Motsepe: An Appetite for Disruption', Janet Smith tells the 'real' story of how Motsepe started in mining and the origins of his wealth
African Rainbow Minerals (ARM), led by Africa's first Black billionaire Patrice Motsepe, is set to acquire full ownership of the Nkomati nickel mine in Mpumalanga, South Africa. ARM will purchase the remaining 50-percent stake from Norilsk Nickel Africa (NNA), the local subsidiary of Russian mining giant Norilsk Nickel.
African Rainbow Minerals (ARM), led by Africa's first Black billionaire Patrice Motsepe, is set to acquire full ownership of the Nkomati nickel mine in Mpumalanga, South Africa. ARM will purchase the remaining 50 …
Dr Patrice Motsepe was appointed non-independent non-executive chairman on 23 September 2003. In 1994, Dr Motsepe founded Future Mining which grew rapidly to become a successful contract mining company. He then formed …
Patrice Motsepe. Founder and Executive Chairman, African Rainbow Minerals ... Founder and Executive Chairman, ARM, a global diversified mining company. Non-Executive Chairman, Harmony. Deputy Chairman, Sanlam. Founding President, BUSA. Chairman, BRICS Business Council 2013. Member, JP Morgan International Council. Member, International Business ...
Beyond Mining: A diversified portfolio. Patrice Motsepe's wealth extends beyond the recent ARM uptick. He holds a diversified investment portfolio, including a 12.08 percent indirect stake in Harmony Gold, South Africa's largest gold mining company, through African Rainbow Minerals Limited. Harmony Gold boasts a $6 billion market cap on the ...
In a strategic move to strengthen its mining portfolio, African Rainbow Minerals (ARM), under the leadership of Africa's first Black billionaire Patrice Motsepe, has entered into a definitive agreement with Norilsk Nickel …
The mine was an operational failure because of difficult mining conditions causing persistently high operating costs under both the management of Amplats and subsequently BEE operator Anooraq Resources which was …
Anglo American Platinum (Amplats) is set to offload its 49% ownership of Bokoni mine to African Rainbow Minerals (ARM), it was announced on Monday. The transaction is …
Patrice Motsepe is a South African billionaire with a net worth of $2.7 billion. In 2008, ... He made his money from mining; Motsepe is a mining magnate. According to him, it took many years to ...
Patrice Tlhopane Motsepe (born Jan. 28, 1962, Soweto, S.Af.) is a South African businessman and the country's first black billionaire. Motsepe made his fortune through mining interests that eventually expanded in 2004 …
Patrice Motsepe, the visionary founder of African Rainbow Minerals (ARM), continues to leave an indelible mark on the African business landscape. Cementing his status …
The story of Patrice Motsepe is a fascinating journey of resilience, foresight, and the pursuit of wealth creation for a greater purpose. As South Africa's first black billionaire and the founder of African Rainbow Minerals, Motsepe's path to success offers a compelling narrative set against the backdrop of South Africa's evolving mining industry.
Patrice Tlhopane Motsepe (born 28 January 1962) is a South African billionaire businessman and football administrator. [2] Since March 2021, he has been president of the Confederation of African Football. [3] He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum.He sits on several company …
Patrice Tlhopane Motsepe is a South African mining magnate who became a billionaire in 2008. He is the first black African on the Forbes list of world billionaires. Motsepe, 53, bought...
Patrice Motsepe is a well-known South African entrepreneur and businessman, notably recognized as the first black billionaire in Africa and his home country, South Africa. ... ARM, initially focused on gold mining, has …
Motsepe joined the law firm Bowman Gilfillan in 1988 and rose to be the firm's first black partner in 1993, specialising in mining and business law. After South Africa's democratic transition, Motsepe left law to work in the mining industry. Motsepe and mining Two-Rivers Mine, owned by ARM
This is how mining mogul Patrice Motsepe made his fortune, and a summary of all the companies he owns.
Patrice Motsepe, a mining tycoon from South Africa, and the University of the Witwatersrand (Wits) have teamed together to establish a postdoctoral fellowship program that would fund innovation and research in the areas of water, energy, and digitalization.
Mining Industry: A Stepping Stone to Wealth. Motsepe's journey to wealth began in the mining industry. In 1994, as South Africa transitioned to democracy, he recognized the opportunities presented by the changing economic landscape.
Patrice Tlhopane Motsepe is a South African billionaire mining magnate. He is the founder and executive chairman of African Rainbow Minerals. He also sits on several company boards including being the non-executive …
South African mining billionaire businessman Patrice Motsepe, a name in his country, is the founder and executive chairman of African Rainbow Minerals (ARM), a diversified mining and minerals company with extensive domestic operations and projects in Malaysia. ... which provided contract mining services. Motsepe used a system of ...
Patrice Motsepe is a South African business giant with a sprawling network of businesses across the mining, financial, and sports industries. Motsepe has an estimated net worth of R52 billion, according to the Forbes …
Patrice Motsepe & Dr Precious Moloi-Motsepe. Our Founders. ... The Motsepe Foundation aims to improve the lifestyles and living conditions of the poor, unemployed, women, youth, workers and marginalised South Africans. ALWAYS TAKE A CLOSER LOOK Be critical of accounts claiming to represent the Motsepe Foundation or the Motsepe Family ...
Patrice Motsepe joined Sanlam in 2003. World Economic Forum Global Leader of Tomorrow, 1999 Afrikaanse Handelsinstituut, MS Louw Award for Exceptional Business Achievement, 2003 South African Jewish Report, Special Board Members Award for Outstanding Achievement, 2004 African Business Roundtable, USA, Entrepreneur & Freedom of Trade …
African Rainbow Minerals says the Bokoni Platinum Mine is a "natural strategic fit" with its current platinum group minerals portfolio on the Eastern Limb of the Bushveld Complex, and its restart will created approximately 5 000 jobs. ... Patrice Motsepe. "As we build and operate BPM, we will create approximately 5 000 jobs of which 2 500 will ...
Mining Magnate: Patrice Motsepe's initial foray into wealth accumulation began with the mining industry. In 1994, he founded African Rainbow Minerals (ARM), a mining company interested in various resources, including platinum, gold, and coal. His astute management and strategic investments in the mining sector were pivotal in amassing ...
Patrice Motsepe is a South African billionaire with a net worth of $2.7 billion. In 2008, he became the first Black African to be featured on the Forbes list of world billionaires at the age...
Patrice Tlhopane Motsepe is a businessman and miner from South Africa, He is the company's founder and executive chairman. In 2012, he topped the Sunday Times' annual Rich List with an estimated fortune of $1 billion (R20.07). Patrice became the first black African billionaire on the Forbes list when he attained that status in 2008.