Aquarius Platinum Limited Announces Temporary Suspension Of Kroondal
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1284
AQUARIUS PLATINUM LIMITED ANNOUNCES TEMPORARY SUSPENSION OF
KROONDAL
Aquarius Platinum Limited advises that the company had decided
to temporarily suspend operations at the Kroondal Platinum
Mine, located near Rustenburg in South Africa’s North West
Province.
Aquarius Platinum CEO, Stuart Murray: “Our decision to suspend
mining operations has been taken to ensure the safety and
security of our employees and our assets given the rising
tensions and protests within the regional workforce and
communities. AQPSA has not been immediately affected by strike
action this week and has not received any wage-related demands
from employees. We have maintained close dialogue with union
representatives and the authorities.”
Processing operations will continue.
It is expected that operations will recommence from the
evening shift on Sunday, 16 September, although the situation
will be closely monitored. Aquarius Platinum will advise the
market of further developments as these occur.
Further updates will be provided in due course.
For further information please contact:
In Australia: In South Africa:
Willi Boehm Charmane Russell
+61 8 9367 5211 + 27 11 880 3924
14 September 2012
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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