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Statement re Resumption of Mining Ops at Everest

29th Nov 2007 07:08

AQUARIUS PLATINUM LIMITEDASX, LSE & JSE29 November 2007

Resumption of Mining Operations at Everest Platinum Mine

Aquarius Platinum Limited wishes to advise that production has resumed at the Everest Platinum Mine following the voluntary shutdown of mining operations due to a fatality on Saturday 24th November, 2007.

AQPSA management in consultation with the unions decided to cease blasting operations and retrain all 1,700 workers with an emphasis on hazard identification and risks associated with fall of grounds. Normal operations resumed on Monday afternoon, 26th November 2007. Following a return to work, several shifts were lost due to industrial action, which has subsequently been resolved.

As a result of the temporary shutdown, production losses are estimated to be 2,000 PGM (4E) ounces. It is not expected that these ounces will be made up during the quarter.

For further information please contact:

In Australia: Willi Boehm

Aquarius Platinum Corporate Services

+61 8 9367 5211 In United Kingdom: Nick Bias Aquarius Platinum + 44 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 LIMITED

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