African Rainbow Minerals Limited provided earnings guidance for the six months ended December 31, 2017. For the period, headline earnings per share are expected to increase by between 10% and 16% to between 986 and 1,037 cents. Headline earnings have been positively affected by an increase in average realized US Dollar commodity prices for most of the commodities that ARM produces, which was partly offset by a stronger average realised Rand/US Dollar exchange rate. Basic earnings per share for are expected to improve to between 912 and 930 cents compared to the basic loss per share of 134 cents reported for the comparative six months ended 31 December 2016.