AQP - Aquarius Platinum Limited - Resumption of mi
AQP
AQP
AQP - Aquarius Platinum Limited - Resumption of mining operations at Everest
Platinum Mine
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1029
("Aquarius Platinum")
Aquarius Platinum Limited
("Aquarius" or the "Company")
29 November 2007
Resumption of Mining Operations at Everest Platinum Mine
Aquarius Platinum Limited wishes to advise that production has resumed at the
Everest Platinum Mine following the voluntary shutdown of mining operations
due to a fatality on Saturday 24th November, 2007.
AQPSA management in consultation with the unions decided to cease blasting
operations and retrain all 1,700 workers with an emphasis on hazard
identification and risks associated with fall of grounds. Normal operations
resumed on Monday afternoon, 26th November 2007. Following a return to work,
several shifts were lost due to industrial action, which has subsequently been
resolved.
As a result of the temporary shutdown, production losses are estimated to be
2,000 PGM (4E) 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
Sponsor: Investec Bank
Date: 29/11/2007 09:59:01 Produced by the JSE SENS Department.
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