14 Sep 2012 14:46
AQUARIUS PLATINUM LIMITEDASX, LSE & JSE14 September 2001
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
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