Aquarius Platinum Names Jean Nel CEO

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.

Click here to read the full Reuters report.