Aquarius mothballs another mine

Recent trading updates from Aquarius Platinum have contained lengthy diatribes about the difficulties of running a mining business in Africa, but with the announcement of the mothballing of another of its mines, it is clear the company is not just having a whinge.

Recent trading updates from Aquarius Platinum have contained lengthy diatribes about the difficulties of running a mining business in Africa, but with the announcement of the mothballing of another of its mines, it is clear the company is not just having a whinge.

A mere 10 days after the platinum miner said it was halting operations at its Marikana mine in South Africa, the company said it has placed its Everest mine into care and maintenance mode, pending better prices and improved industrial relations.

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