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Aquarius Platinum Warns South Africa’s Safety Stoppages Are Harming Market
Jan. 31, 2012 01:46PM PST
Precious Metals InvestingReuters reported Aquarius Platinum (ASX:AQP,LSE:AQP) has warned a South African drive to cut accidents is causing longer halts to production.
Reuters reported Aquarius Platinum (ASX:AQP,LSE:AQP) has warned a South African drive to cut accidents is causing longer halts to production.
As quoted in the market news:
The South African platinum sector has been battered by oversupply, squeezed margins and an uncertain economic outlook, making producers increasingly vocal about regulatory pressures, particularly the impact of inspections and stoppages as part of the government’s zero-harm target.