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    market news

    Aquarius Platinum Reduces Net Loss To $19.6 Million

    Investing News Network
    Oct. 30, 2012 12:38PM PST
    Precious Metals

    Mining Weekly reported Aquarius Platinum (LSE:AQP,ASX:AQP) reduced its net loss to $19.6-million in the September quarter.

    Mining Weekly reported Aquarius Platinum (LSE:AQP,ASX:AQP) reduced its net loss to $19.6-million in the September quarter.

    As quoted in the market news:

    The company recorded total on‐mine earnings before interest, tax, depreciation and amortisation of $7.6-million for the quarter, which was $10.7-million higher than the June quarter’s loss and boosted by an 8% quarter-on-quarter increase in production from Kroondal and Mimosa to a total of 77 799 platinum-group metals (PGMs) ounces.

    Click here to read the full Mining Weekly report.

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