Aquarius Platinum

Aquarius Platinum plc

Type	Public (LSE: AQP) (ASX: AQP) (JSE: AQP)
Industry	Mining
Founded	1920
Headquarters	Bermuda
Key people	Nicholas Sibley, Chairman Stuart Murray, CEO
Revenue	$682.9 million (2011)[1]
Operating income	$203.2 million (2011)[1]
Net income	$(10.4) million (2011)[1]
Website	www.aquariusplatinum.com

Aquarius Platinum plc (LSE: AQP), (ASX: AQP), (JSE: AQP) is a Bermuda-registered and headquartered mining business.

Aquarius is quoted on the London Stock Exchange, the Australian Stock Exchange and the Johannesburg Stock Exchange and is a constituent of the FTSE 250. The Company also has a sponsored Level 1 ADR program in the United States.

History

The company was established in 1920 as the Mount Monger Gold Mining company to exploit the Kalgoorlie goldfield.^[2] In 1984 it was listed on the Australian Stock Exchange.^[2]

In 1995 it acquired Gemex Exploration & Mining Company and Randex Platinum Holdings and in 1996 it acquired Pacific Platinum so giving it control of the Kroondal Mine.^[2]

In 1998 the company entered into a strategic alliance with Impala Platinum Holdings.^[2] The company was first listed on the London Stock Exchange in that year.^[2]

In 2003 the company entered into an agreement with Anglo Platinum to pool and share certain mining interests.^[3]

Operations

The company's activities are concentrated in the Bushveld Complex in South Africa and Zimbabwe. It operates the following mines:

• Kroondal Mine, South Africa
• Marikana Mine, South Africa
• Everest Mine, South Africa
• Mimosa Mine, Zimbabwe (50% interest)

References

External links

• Official site

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