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Quick Facts
- Fourth largest growing primary producer of platinum in the world.
- Interests in six mining operations.
- Quoted on the ASX, the LSE and the JSE, with a Level 1 ADR in the USA. The London listing moved from the AIM to the Main Board in 2002, and entered the FTSE 250 at the end of 2005.
- FY 2008 group attributable production 500,203 PGM (4E) ounces.
- Completed Black Economic Empowerment in South Africa ahead of legislative timetable.
Aquarius on track for production growth
Aquarius Platinum is serious about growth in platinum. With interests in six operations, Aquarius has evolved into the world’s fourth largest primary platinum producer. Aquarius is quoted on the Australian Stock Exchange (AQP.AX), the London Stock Exchange Main Board and promoted to the FTSE 250 in 2005 (AQP.L), the JSE Securities Exchange (AQP.ZA) in addition to a Level 1 ADR in the USA (AQPTY). The company’s operations are located in Southern Africa, home to over 80% of the world’s platinum reserves. Positioned for sustainable growth
Aquarius is firmly established on the international platinum scene. With four operating mines – Kroondal, Marikana, Everest and Mimosa, an innovative chrome tailings retreatment project – CTRP and a 50% interest in Platinum Mile Resources, production growth is key to Aquarius’ corporate philosophy.
Low cost Production growth iskey to Aquarius’ corporate philosophy
Aquarius is recognised for its ability to develop smaller and lower-grade deposits in an industry where the barriers to entry are high. The business model is simple: we concentrate on mining and processing only, using a capital intensive approach and where practible, contractors. Financial and technical risk is reduced through agreements with third-parties to smelt, refine and market our metal, thus avoiding the down-stream risks, and offering greater cash flow security.
Aquarius is sensitive to the new socio-economic and political environment which has emerged in South Africa in the last decade, and has embraced Black Economic Empowerment (BEE). Working with BEE partners the Savannah Consortium, and being guided by the South African Department of Minerals and Energy (DME), we have met legislative requirements ahead of time, thereby achieving fair value and growth for shareholders, and positioned Aquarius for further growth potential in the long-term.
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