Aquarius Platinum CEO Resigns

Reuters reported Aquarius Platinum (LSE:AQP) CEO, Stuart Murray has resigned effective immediately.

As quoted in the market news:

The news sent London-listed shares in Aquarius, the third major platinum miner to lose its chief executive this year, down 6.3 percent to 44.5 pence at 0750 GMT, underperforming a 1.4 percent drop in the broader mining sector.

Aquarius has been hit along with the rest of the South Africa-focused platinum sector by labour unrest and soaring costs. It was forced to temporarily suspend operations at its Kroondal mine last month.

Click here to read the full Reuters report.