type public jse ari jse limited industry mining headquarters sandton johannesburg south africa number of locations south africa drc zambia key people patrice motsepe chairman mike schmidt ceo mike arnold cfo thando mkatshana ce products pgms ferrous metals coal copper revenue r11 .02 billion fy 2010 1 122 operating income r2 .92 billion fy 2010 1 number of employees 12 373 2 website www.arm.co.za manganite crystals from n chwaning african rainbow minerals arm is a mining company based in south africa . patrice motsepe is the executive chairman ; mike schmidt is ceo . arm has interests in a wide range of mines including platinum and platinum group metals pgms iron coal copper and gold . 3 arm s goedgevonden coalmine near witbank is a flagship of their joint venture with xstrata and produces 6.7 million tons of coal per year . 4 production is expanding at the two rivers platinum mine in mpumalanga . 5 arm owns 20 % of harmony gold the 12th largest gold mining company in the world with three mining operations in south africa . 6 contents 1 expansion outside south africa 2 history 3 external links 4 references expansion outside south africa edit in august 2010 arm entered a 380 million joint venture with vale to build a copper mine in zambia which is expected to produce 100 000 tons of copper . 7 8 in 2009 arm was reported to be planning 1.12 billion investments in mining in zimbabwe . 9 10 arm also has a 50 % stake in morobe mining joint ventures mmjv of papua new guinea . mmjv has operations in hidden valley and wafi golpu in morobe province approximately 50 kilometers south west of lae papua new guinea . history edit arm was founded by patrice motsepe 11 as south africa s first black owned mining company although he is thought to have benefited from political connections when the anc took power and enacted laws on black ownership of industries . 12 the south african government continues to exert pressure to increase black ownership of mining companies . 13 in 2003 it entered a merger with harmony gold mining and anglovall previously owned by richard and brian menell and became the largest group controlled by black entrepreneurs . 14 in 2009 arm joined the international council on mining and metals . 15 external links edit african rainbow minerals website news articles on african rainbow minerals references edit a b profiles s stock exchange handbook october 2010 january 2011 . johannesburg south africa sasfin . 2010 . p. 400 . issn 1680 0036 . financial summary and statistics pdf . 2009 10 23 . retrieved 2010 09 13 . corporate summary pdf . 2009 10 23 . retrieved 2010 09 13 . goedgevonden mine to supply eskom s majuba coal fired plant . gold newswire . retrieved 2010 09 13 . two rivers plant improvement on track . mining weekly . retrieved 2010 09 13 . arm company website retrieved 3 february 2011 allafrica.com south africa arm in copper joint venture in zambia . 2010 09 13 . archived from the original on 1 september 2010 . retrieved 2010 09 13 . african rainbow and vale start construction on 380m zambia mine . retrieved 2010 09 13 . african rainbow minerals allocate r8 billion mining investment in zimbabwe mineral exploration mining exploration news . archived from the original on 2010 06 17 . retrieved 2010 09 13 . arm to invest zar 8 billion in zimbabwe . archived from the original on 2011 07 11 . retrieved 2010 09 13 . african rainbow minerals the african business journal . archived from the original on 14 september 2010 . retrieved 2010 09 13 . adams susan 2008 03 24 . the prince of mines forbes.com . archived from the original on 31 august 2010 . retrieved 2010 09 13 . sa pushes mining firms for greater black ownership yahoo news . archived from the original on 18 september 2010 . retrieved 2010 09 13 . h de beer johan 1 january 2016 . the history of geophysics in southern africa . african sun media . pp. 459 460 . african rainbow minerals joins the international council on mining and metals . icmm . retrieved 2010 09 13 . retrieved from https en.wikipedia.org w index.php title african rainbow minerals & oldid 744158763 categories mines in south africamining in south africacompanies listed on the johannesburg stock exchangexstrataplatinum mining companies navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 13 october 2016 at 13 29 . text is available under the creative commons attribution sharealike license ; 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