AQP
AQP
AQP - Aquarius Platinum - Contractor MRC Dismisses Employees At Kroondal And
Marikana Operations
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1029
("Aquarius Platinum")
19 July 2007
Contractor MRC dismisses employees at Kroondal and Marikana operations
Aquarius Platinum Limited (Aquarius or the Company) confirms that Murray &
Roberts Cementation (MRC), its primary underground mining contractor at the
Company`s Kroondal and Marikana mines near Rustenburg, dismissed 3,250 of its
employees yesterday. These employees embarked on an unprotected strike on
Sunday evening (15 July 2007).
Operations at Kroondal`s K5 shaft and opencast operations are continuing in
conjunction with the process plants; while the opencast operation and process
plant at Marikana mine are also unaffected. (MRC`s operations contributes 75%
towards daily production at Kroondal and 50% at Marikana.) Operations at the
Company`s Everest Mine are unaffected. MRC, together with the National Union
of Mineworkers (NUM) are working on contingency plans to normalise production
and the recruitment of employees by MRC, which will commence today Thursday 19
July 2007.
For further information please visit www.aquariusplatinum.com or contact:
In Australia:
Willi Boehm
+61 (0)8 9367 5211
In the United Kingdom and South Africa
Nick Bias
+ 44 (0)7887 920 530
nickbias@aquariusplatinum.com
Date: 19/07/2007 08:00:09 Produced by the JSE SENS Department.
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