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AQUARIUS PLATINUM LIMITED - Serious security incident at Kwezi shaft

Release Date: 01/08/2012 17:48
Code(s): AQP     PDF:  
Wrap Text
Serious security incident at Kwezi shaft

Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1284

SERIOUS SECURITY INCIDENT AT KWEZI SHAFT

Aquarius Platinum (SA) (Pty) Limited regrets to advise that a very
serious security incident occurred early this afternoon at Kwezi
shaft, a production unit at the Kroondal PSA near to Rustenburg in
the North West Province. A gathering of approximately 200 people,
some of whom were armed, forced their way onto the mine property.
Members of the private security company under contract to the mine
attempted to disperse this unruly crowd as the actions of the
group, which included the throwing of petrol bombs, threatened
both mine employee lives and property. A total of 450 employees
were on the shaft and underground at the time of this invasion.

It is confirmed that three people have died and at least 20 others
were injured in this incident. The people are understood to be
former employees of the mine’s mining contractor, who were
dismissed following illegal strike action in June 2012.

Members of the South African Police Service were on site at the
time of the incident and the SAPS have now taken charge the
situation to restore order.

Operations at Kwezi shaft were immediately suspended, and
management has evacuated around 450 morning shift employees to
ensure their safety.

A further update will be provided in due course.

For further information please contact:



In Australia:                   In South Africa:
Willi Boehm                     James Duncan/Charmane Russell
+61 8 9367 5211                 + 27 11 880 3924



1 August 2012

RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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