African Rainbow Minerals Eyeing Numerous Targets, Areas for Expansion

The Financial Mail is reporting that African Rainbow Minerals (ARM) had identified a number of different potential acquisition targets and areas of interest.

As quoted in the market report:

The most obvious expansion opportunities for ARM in SA lie in platinum and manganese, which were its second- and third-biggest revenue contributors in the six months to December. Iron ore continued to deliver most of the group’s revenue, though iron ore prices weakened.

To view the whole Financial Mail report, click here.