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Reuters reported Aquarius Platinum Ltd (LSE:AQP) has made Jean Nel its new Chief Executive Officer after Stuart Murray left.
Reuters reported Aquarius Platinum Ltd (LSE:AQP) has made Jean Nel its new Chief Executive Officer after Stuart Murray left.
As quoted in the market news:
Nel joined Aquarius, the world’s fourth-largest platinum miner, in July 2011 and was appointed COO last month.
He is taking on the reins of the company at a time when the platinum sector in South Africa – home to nearly 80 percent of the world’s known platinum reserves – is battling the impact of falling prices, weak demand and soaring costs. Several mines there faced workers’ unrest recently.