AQP
AQP
AQP - Aquarius Platinum Limited - Mining Operations Temporarily Suspended at
Everest Platinum Mine
Aquarius Platinum Limited
(Incorporated in Bermuda)
Registration Number: EC26290
Share Code JSE: AQP
ISIN Code: BMG0440M1284
Mining Operations Temporarily Suspended at Everest Platinum Mine
Aquarius Platinum Limited advises that operations at the Everest Platinum Mine
have been temporarily suspended owing to geotechnical issues.
Instability has developed in the main decline into the mine, in part attributed
to a shear zone above the decline, a feature of the geology at Everest. This
instability was detected during the course of the weekend and operations were
suspended from the night shift on Sunday, 7 December. Proactive measures
ensured that no personnel were placed at risk.
The company`s rock engineering specialists are currently assessing the
situation. It is expected that the suspension of operations will be for at least
one week.
Further announcements will be made in due course.
For further information please contact:
Nick Bias
nickbias@aquariusplatinum.com
+ 41 (0)79 888 1642
Charmane Russell
charmane@rair.co.za
+27 (0)11 880 3924
+27 (0)82 318 98 55
8 December 2008
Sponsor: Investec Bank Limited
Date: 08/12/2008 14:12:02 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
