Tuesday, February 2, 2010

African Rainbow To Boost Production At Khumani Iron Ore Mine

African Rainbow Minerals CEO Andre Wilkens said on Tuesday that the company is on track to boost production at its Khumani iron ore mine in South Africa by 2012.

Speaking to Reuters on the sidelines of the Mining Indaba conference in South Africa Mr Wilkens said "We are certainly on track for the first phase and the second phase (expansion) and see full production at the end of the year 2012, from 10 million tonnes per annum to 16 (mtpa),".

ARM has formed a joint venture with Vale to explore for copper in Zambia, and other minerals in the Democratic Republic of Congo, Namibia and Mozambique. Mr Wilkens said that the JV would be also be looking specifically at platinum in Zimbabwe.

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