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    platinum investing

    Aquarius Platinum Swings to Quarterly Net Loss

    Investing News Network
    Oct. 27, 2011 02:37PM PST
    Precious Metals Investing

    Reuters Africa reported Aquarius Platinum Ltd. (ASX:AQP,AIM:AQP) swung to a quarterly net loss due to adverse foreign exchange moves and decline in production.

    Reuters Africa reported Aquarius Platinum Ltd. (ASX:AQP,AIM:AQP) swung to a quarterly net loss due to adverse foreign exchange moves and decline in production.

    As quoted in the market news,

    It posted a net loss of $91.8 million in the quarter to end September, including a $94.3 million forex loss from inter-company loans, compared with a net profit of $42.4 million in the year-earlier quarter.

    Click here to read the full Reuters Africa report.

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