| Wed 21 Nov 2007, 7:44 | | AQP - Aquarius Platinum Limited - Announcement |
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AQP
AQP
AQP - Aquarius Platinum Limited - Announcement
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP & ISIN Code: BMG0440M1029
("Aquarius Platinum")
Announcement
Resumption of Mining Operations
Aquarius Platinum Limited advises that production has resumed following the
voluntary suspension of mining operations due to a fatality, as reported on
Thursday 15 November, 2007.
It is with regret that Mr. Johannes Tseliso Nthunya, an underground LHD
operator, employed by contractor Murray and Roberts Cementation died following
a fall of ground accident. Our deepest condolences go to his family.
Following the stoppage and as a result of remedial action undertaken, a joint
decision to recommence operations was agreed today by the Department of
Minerals and Energy, Aquarius Platinum (SA) (Pty) Limited, and union officials
from the National Union of Mineworkers and the trade union Solidarity.
Operations have now resumed, starting with the evening-shift on Tuesday 20th
November 2007. During the shutdown employees underwent safety retraining.
As a result of the suspension of operations, production losses are estimated
to be 4,000 PGM (4E) ounces (Aquarius attributable: 2,000 PGM ounces). It is
not expected that these ounces will be made up during the quarter.
For further information please contact:
In Australia:
Willi Boehm
Aquarius Platinum Corporate Services
+61 8 9367 5211
In United Kingdom:
Nick Bias
Aquarius Platinum
+ 44 7887 920 530
In South Africa:
Charmane Russell
Russell & Associates
+27 11 880 3924
21 November 2007
Date: 21/11/2007 07:44:44 Produced by the JSE SENS Department.
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