19th Jul 2007 07:07
AQUARIUS PLATINUM LIMITEDASX, LSE & JSE19 July 2007
Contractor MRC dismisses employees at Kroondal and Marikana operations
Aquarius Platinum Limited (Aquarius or the Company) confirms that Murray & Roberts Cementation (MRC), its primary underground mining contractor at the Company's Kroondal and Marikana mines near Rustenburg, dismissed 3,250 of its employees yesterday. These employees embarked on an unprotected strike on Sunday evening (15 July 2007).
Operations at Kroondal's K5 shaft and opencast operations are continuing in conjunction with the process plants; while the opencast operation and process plant at Marikana mine are also unaffected. (MRC's operations contributes 75% towards daily production at Kroondal and 50% at Marikana.) Operations at the Company's Everest Mine are unaffected. MRC, together with the National Union of Mineworkers (NUM) are working on contingency plans to normalise production and the recruitment of employees by MRC, which will commence today Thursday 19 July 2007.
For further information please visit www.aquariusplatinum.com or contact:
In Australia:Willi Boehm+61 (0)8 9367 5211
In the United Kingdom and South Africa
Nick Bias
+ 44 (0)7887 920 530
REGISTERED OFFICE
Aquarius Platinum Limited ¢â€" Clarendon House ¢â€" 2 Church Street ¢â€" Hamilton HMCX Bermuda
Email: [email protected]
Telephone: +61 8 9367 5211
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