Aquarius Platinum Reports Third Quarter Losses

Reuters reported  Aquarius Platinum (ASX:AQP,LSE:AQP) reported a net loss in the third quarter on lower prices, production, poor ground conditions, increasing safety stoppages and absenteeism.

As quoted in the market news:

The company, which has been hit along with the rest of the sector by a dramatic increase in “Section 54″ temporary mine closures on safety grounds, posted a net loss of $9.4 million for the quarter to the end of March, a drop of $34.7 million compared to the same period last year.

Click here to read the full Reuters report.