Aquarius Platinum, Impala Report Mimosa Fire; Extent Of Damage Unknown
22 May 2012 - 9:40PM
Dow Jones News
Platinum miners Aquarius Platinum Ltd. (AQP.LN) and Impala
Platinum (IMP.JO) said Tuesday that a fire occurred at the jointly
owned Mimosa operation in Zimbabwe during the night, caused when
the conveyor belt in the main decline ignited, and has been
contained.
MAIN FACTS:
-All employees accounted; no injuries reported
-The extent of the damage and impact on production cannot be
ascertained
-The majority of the workforce was evacuated
-75 employees were accommodated in refuge bays due to low
visibility; they are now being moved to surface
-Aquarius shares at 1110 GMT down 1 pence, or 1.4%, at 84 pence
valuing the company at GBP399 million.
-By Ed Ballard, Dow Jones Newswires; 44-20-7842-9375;
ed.ballard@dowjones.com
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