Aquarius Platinum

Infobox Company
company_name = Aquarius Platinum plc
company_
company_type = Public (lse|AQP)
(asx|AQP)
(JSE|AQP)
foundation = 1920
location = Perth, Australia
key_people = Nicholas Sibley, Chairman
Stuart Murray, CEO
industry = Mining
products =
revenue = US$709.2 million (2007)
operating_income = US$399.7 million (2007)
net_income = US$293.6 million (2007)
num_employees = circa 60 (2007)
parent =
subsid =
homepage = [http://www.aquariusplatinum.com www.aquariusplatinum.com]
slogan =
footnotes =

Aquarius Platinum plc (lse|AQP), (ASX|AQP), (JSE|AQP) is an Australian-based mining business headquartered in Perth.

Aquarius is listed on the London Stock Exchange, the Australian Stock Exchange and the Johannesburg Stock Exchange and is a constituent of the FTSE 250.

History

The company was established in 1920 as the "Mount Monger Gold Mining company" to exploit the Kalgoorlie goldfield. [http://findarticles.com/p/articles/mi_gx5202/is_1992/ai_n19122095 International Directory of Company Histories, M Cohen, 1992] ] In 1984 it was listed on the Australian Stock Exchange.

In 1995 it acquired "Gemex Exploration & Mining Company" and "Randex Platinum Holdings" and in 1996 it acquired "Pacific Platinum" so giving it control of the Kroondal Mine.

In 1998 the company entered into an agreement with Impala Platinum Holdings for Impala to buy the whole of its production and in 1999 mining started. The company was listed on the London Stock Exchange in that year.

In April 2008 the Company launched a private placement of shares to raise AUS$400m. [ [http://investing.businessweek.com/research/stocks/transactions/transactions.asp?symbol=AQP.L Business Week] ]

Operations

The company's activities are concentrated in the Bushveld Complex in South Africa and Zimbabwe. It operates the following mines:
* Kroondal Mine, South Africa
* Marikana Mine, South Africa
* Everest Mine, South Africa
* Mimosa Mine, Zimbabwe (50% interest)

References

External links

* [http://www.aquariusplatinum.com Official site]