Diversified South African miner African Rainbow Minerals (ARM)is on track to boost production at its Khumani iron ore mine by 2012 and was also aiming for Zimbabwe's platinum sector.
"We are certainly on track for the first phase and the second phase and see full production at the end of the year 2012, from 10 million tonnes per annum to 16," said Andre Wilkens, CEO of ARM, told Reuters.
Wilkens said that ARM was also looking at acquisitions in the rest of the continent and had formed a joint venture with Vale to explore for copper in Zambia, while also looking at the Democratic Republic of Congo, Namibia and Mozambique.
ARM produces platinum, nickel, iron ore, manganese ore and coal, among others.
