Top platinum producers launch investment body

2014-11-18 12:07

Six of the world's biggest platinum producers have launched a dedicated body to promote the precious metal as an investment vehicle.

Aquarius Platinum reaches wage deals

2014-07-21 17:05

Aquarius Platinum says it has reached separate three-year wage deals with unions relating to members at its Kroondal operation.

Aquarius output up despite higher costs

2014-01-28 10:12

Aquarius Platinum, the world's fourth-largest platinum miner, reported a 7% rise in second-quarter output despite higher cash costs and a dip in platinum prices.

Aquarius shines on sterling Q3 output

2013-04-30 10:42

Shares of Aquarius have climbed more than 4% as the world's No. 4 platinum producer reported a 20% jump in third-quarter output year-on-year.

Aquarius, Lonmin maintain platinum rally

2012-11-20 15:50

Shares of Aquarius Platinum soared over 10% to a two-week high, whilst rival Lonmin also extended gains following approval of a $817m rights issue.

New Aquarius boss as sector struggles

2012-11-05 14:52

Platinum producer Aquarius Platinum says it has appointed a new CEO, the latest management shakeup in a sector crippled by labour unrest and falling profits.

Mimosa Platinum sees slight uptick

2012-10-15 11:03

Mimosa Platinum Mine, jointly owned by Impala Platinum and Aquarius Platinum, expects to produce 100 000 oz of platinum in its current financial year.

Zim miners to face greater tax scrutiny

2012-09-25 10:46

Zimbabwe's tax authorities have been given sweeping new powers that will directly affect SA-owned firms like Anglo Platinum, Aquarius and Impala.

Aquarius Platinum suspends operations

2012-09-14 17:01

Aquarius Platinum has suspended operations, as police swooped on striking protesters outside.

Aquarius resumes ops after deadly clash

2012-08-02 14:19

Aquarius Platinum has reopened the Kwezi shaft at its Kroondal mine after a deadly attack at the site that left three dead and at least 20 injured.

Miners dig amid uncertainty

2012-07-01 13:47

The scaling down of operations at a platinum mine in North West has brought instability to the lives of its labourers and uncertainty in the local economy.

Aquarius dives on Everest mine closure

2012-06-21 10:09

Aquarius Platinum shares plummeted nearly 12% as lower platinum prices and ongoing disruptive industrial relations forced the company to shut its Everest mine.

Zimplats given two-week ultimatum

2012-02-26 16:09

Impala Platinum's Zimbabwe unit Zimplats has been ordered to transfer 29.5% of its shares to a state-run fund to comply with local empowerment laws.

Zim: no raw platinum export ban yet

2011-12-28 11:21

Zimbabwe is mulling a ban on raw platinum exports to force miners to set up refineries in the country, but this won't happen "overnight", an official says.

Mimosa in Zim indigenisation talks

2011-08-22 08:54

After its indigenisation plan was rejected, Aquarius Platinum says its joint venture Mimosa is still in talks with Zimbabwean authorities.

Not as easy as it looks

2011-06-02 00:00

With the acquisition of Booysendal South for R1,2bn in cash, Stuart “King Rat” Murray – CEO of Aquarius Platinum – has just underscored why he deserves that nickname.

Aveng expects 5-15% lower earnings

2010-08-06 14:11

Construction firm Aveng says its manufacturing and processing segment remains under operating pressure due to lower demand for steel and fabricated products.

Vir hardebaard-spekulante

2010-04-25 06:00

Al die finansiële woelinge om Pallinghurst en Platmin wat beplan om $250 miljoen by wyse van die uitreiking van nuwe aandele te trek (lees die voorbladartikel), plaas die soeklig opnuut op Wesizwe as 'n moontlike spekulatiewe geleentheid.


Aquarius terminates China mine stake deal

2014-10-15 10:54

Aquarius Platinum says its planned sale of stakes in a small mine and project to a Chinese consortium for $37m is off, after it failed to get regulatory approval.

Aquarius Platinum's core earnings fall

2014-04-29 09:24

Aquarius Platinum, the world's fourth-largest platinum miner, has reported a fall in revenue and core operational earnings for the third quarter.

Aquarius flourishes in 'difficult' times

2013-07-24 10:20

Aquarius Platinum has boosted fourth-quarter production by 22% owing to improvements at its Kroondal mine, but warned of a still difficult and complex environment.

Aquarius Platinum production rises

2013-01-29 11:15

Miner Aquarius Platinum says quarterly production rose 10%, but cash generation for the precious platinum remains "constrained" at current spot prices.

SA platinum mines eye Zim

2012-11-19 10:19

Platinum mining companies are expected to ramp up operations in Zimbabwe after production dropped to an 11-year low in South Africa, according to a report.

Aquarius Platinum appoints CEO

2012-11-05 11:55

Aquarius Platinum has named Chief Operating Officer Jean Nel chief executive, a month after industry veteran Stuart Murray left the company.

Aquarius Platinum CEO resigns

2012-10-08 08:31

The CEO of Aquarius Platinum, the fourth-largest platinum miner, has resigned with immediate effect, giving no reason for his departure.

Strike claims first jobs

2012-09-17 18:24

As SA's bloody and bitter mining strike dragged on for a fifth week, Lonmin has announced it is halting construction of a new shaft.

Fourth mine shuts down, govt warns strikers

2012-09-14 18:43

Seven people has been arrested by police outside Aquarius Platinum in Rustenburg as it became the fourth mine to stop operations in a protracted labour dispute.

Aquarius Platinum swings to loss

2012-08-08 10:28

Aquarius Platinum has suffered a full-year loss, hurt by lower production and a $97m foreign exchange loss from the revaluation of inter-company loans.

Aquarius dives after deadly mine clash

2012-08-02 09:56

Aquarius Platinum's shares have tumbled more than 8% after an attack at one of its mines left three dead and at least 20 injured.

Aquarius limits mining to conserve cash

2012-07-04 09:09

The world's fourth-largest platinum producer Aquarius Platinum plans to cut down on mining to concentrate on conserving cash and guarding its reserves.

Union concerned by mine closure

2012-06-22 08:26

Trade union Solidarity has expressed concern over more job losses in the platinum mining sector following the closure of the Everest mine, near Lydenburg, in Mpumalanga.

Absa downgrades African precious metals

2012-02-28 11:16

Absa Capital has cut the African precious metals industry to “negative” from “neutral”, and says profitability will likely remain historically low.

Zim rejects Mimosa ownership plan

2012-02-24 09:51

Impala Platinum says Zimbabwe has turned down part of a plan submitted by its subsidiary Mimosa Holdings for the company to comply with equity requirements.

Aquarius swings to quarterly loss

2011-10-27 09:18

Aquarius Platinum has posted a quarterly net loss due to adverse foreign exchange moves and lower precious metal production as a result of operational problems.

Higher output boosts Aquarius profit

2011-08-11 09:27

Aquarius Platinum has upped core profit by 40% as production rose, but the strong rand had outweighed higher precious metal prices.

Watching the margins

2011-06-16 00:00

Platinum is the sector of South Africa’s mining industry generally held to have the best-looking future. But you wouldn’t know that judging by recent developments.

Zim mining body offers equity compromise

2011-04-08 13:55

Zimbabwe's mining industry has proposed that "social investments" count towards meeting new economic empowerment regulations for foreign mining firms.

Aquarius back in black

2010-08-12 09:49

Aquarius Platinum has swung to a net annual profit as higher metal prices outweighed lower output.

Inquiry into mine accident

2010-07-08 16:18

An inquiry into a mine accident in Rustenburg which left five people dead and one critically injured is underway, Aquarius Platinum says.

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