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Mining Weekly
Nov 30
Comment
JSE-listed platinum producer Aquarius Platinum’s convertible bond offering would be increased to $300-million, following Goldman Sachs International’s exercise of the over-allotment option.
The announcement follows the successful offering of...
Mining Weekly
Nov 24
Comment
Platinum producer Aquarius Platinum on Tuesday reported that it had completed an offering of about $250-million of unsubordinated, unsecured convertible bonds due 2015.
The bonds would be convertible into common shares of Aquarius Platinum and...
Mining Weekly
Nov 23
Comment
Production at the central shaft of Aquarius Platinum’s Kroondal mine, near Rustenburg in South Africa, had resumed on Sunday, following the arrest of 34 former contract miners who disrupted production on Friday.
The former contract miners had...
MarketWatch
Nov 19
Comment
Aquarius Platinum said Thursday that Phase 2 of the re-establishment project at Everest Platinum Mine has commenced. Phase 2 includes the establishment of all underground and surface infrastructure required for a resumption of operations....
Commodity Online
Oct 30
Comment
For the year it achieved a total output of 455675 ounces of PGM which was 9% lower than the previous financial year following the close of the Everest Mine. South Africa based Aquarius Platinum was established in 1920 as the Mount Monger Gold...
Mining Weekly
Oct 27
Comment
Aquarius Platinum, the world's fourth biggest platinum producer, warned that a strong South African currency was erasing gains from rising metals prices as it swung to a first-quarter profit on Tuesday.
But with a healthy balance sheet, it was on...
Mining Weekly
Sep 9
Comment
London-listed resources company Mwana Africa has appointed Donald McAlister, the former finance chief of Ridge Mining, as its finance director (FD) from October 1.
Before joining Ridge Mining, which was recently acquired by Aquarius Platinum,...
Metal Bulletin
Sep 8
Comment
Aquarius Platinum expects a total production loss of 15,000-20,000 ounces of platinum group metals in its current financial year due to delays in replacing workers that were fired for engaging in a strike at its Kroondal and Marikana operations in...
Mining Weekly
Sep 7
Comment
South African platinum-miner Aquarius Platinum said on Monday that it had experienced some delays in the engagement process with new staff at its Kroondal and Marikana operations, where 3 900 workers were dismissed following illegal strike...
Mining Weekly
Aug 26
Comment
South African mining contractor Murray & Roberts Cementation had terminated the employment of around 3 900 of its staff at the Aquarius Platinum operations in Rustenburg, as no agreement could be reached regarding an illegal strike.
The strike...
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