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Tag: ASX:AQP

Former Aquarius Platinum CEO to Head Sibanye Gold Platinum Division

Business Day Live reported that Jean Nel, former CEO of Aquarius Platinum (ASX:AQP) will head the platinum division of Sibanye Gold (NYSE:SBGL).

As quoted in the publication:
In a restructuring of the Sibanye company into three divisions as it becomes a multi-commodity business, the company has appointed three experienced heads of each

Aquarius Platinum Reports Improved Annual Results

Aquarius Platinum (ASX:AQP) has posted improved results for the year, according to Business Day Live. The company did well overall despite reporting a small reduction in revenues due to dampened platinum group metal prices and effects of the five month PGM miners strike in South Africa on Aquarius’s tailings treatment

Zimbabwe’s Platinum Refinery Deadline May be Unachievable

Bloomberg reported that although Robert Mugabe, president of Zimbabwe, last year told Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY), Aquarius Platinum Ltd. (ASX:AQP,LSE:AQP) and Anglo American plc (LSE:AAL) that he would halt platinum exports if they didn’t build a refinery for the metal by 2015, Deputy Mines Minister Fred Moyo now believes

ZANU-PF Not in Favor of Proposed Job Cuts at Mimosa

Bloomberg reported that Zimbabwe’s ruling party, the Zimbabwe African National Union-Patriotic Front (ZANU-PF), has spoken out against Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY) and Aquarius Platinum Ltd.’s (ASX:AQP,LSE:AQP) plan to cut 100 jobs at their Mimosa operation. The planned cuts are the result of low prices.

Implats, Amplats, Aquarius Considering $3-billion Platinum Plant

Bloomberg reported that Impala Platinum Holdings Ltd. (OTCMKTS:IMPUY), Anglo American Platinum Ltd. (OTCMKTS:AGPPY) and Aquarius Platinum Ltd. are looking into building a $3-billion platinum and base metals refining complex consisting of a smelter, base metals refinery and precious metals refinery. It would be located in Zimbabwe.

Aquarius Platinum CEO Volunteers for Pay Cut

BDlive reported that Jean Nel, CEO of Aquarius Platinum Ltd. (ASX:AQP,LSE:AQP), has volunteered to receive 70 percent of his salary, as well as any bonuses he may receive, as Aquarius shares instead of cash for the next three years. Nel’s move is part of the company’s plan to reduce its

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