24th Jul 2007 06:57
AQUARIUS PLATINUM LIMITEDASX, LSE & JSE24 July 2007
MRC employees return to work at Kroondal and Marikana operations
Aquarius Platinum Limited confirms that Murray & Roberts Cementation (MRC) and the National Union of Mineworkers (NUM) reached agreement on the implementation of the rehiring process at Aquarius Platinum's Kroondal and Marikana mines, and that the re-engagement of employees began on Monday, 23 July. This follows the dismissal of 3,250 MRC employees on 18 July 2007, after employees had engaged in an unprotected stay away from 16 to 18 July 2007, and a similar stay away for five days in May 2007.
The situation on-mine had normalised by the night shift on 23 July.
Aquarius Platinum estimates that this industrial action has resulted in a loss to the company of approximately 4,700 ounces of attributable PGM production.
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
AQUARIUS PLATINUM LIMITEDRelated Shares:
AQP.L