Fin24

Aquarius Platinum suspends operations

2012-09-14 17:01

Johannesburg - Aquarius Platinum [JSE:AQP] suspended operations on Friday, as police swooped on striking protesters outside.
 
"Aquarius Platinum Limited advises that the company had decided to temporarily suspend mining operations at the Kroondal Platinum Mine," a statement said.
 
"The decision to suspend mining operations has been taken to ensure the safety and security of employees and assets given the rising tensions and protests within the regional workforce and communities."
 
Operations were expected to recommence on Sunday.
 
The situation would be closely monitored.
 
Earlier a group of protesters marched from Anglo American Platinum's Blesbok stadium to Aquarius Platinum and demanded that it closed.
 
They gave the company 15 minutes to respond.
 
Police swooped on protesters and Eye Witness News and SABC reported that tear gas was fired.
 
Nearby Lonmin [JSE:LON] has been closed for more than a month and Amplats suspended operations on Wednesday.
 
Operations were halted at Gold Fields [JSE:GFI] KDC west mine near Carletonville on Sunday when workers there went on strike.

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Comments
  • aroka.murombe - 2012-09-14 17:17

    Check dis zuma zim zuma zim all the same. Were is he?

  • squeegee.pilot - 2012-09-14 17:17

    I know Zipper wants to hold back on Juju's arrest until closer to December, but by then he may have done irreversible damage...

  • kenneth.d.brookes - 2012-09-14 17:32

    do the miners are striking realise that when they dont work, the min does not make money and then they cant pay your salaries and the demands they want.

      christelle.james.7 - 2012-09-14 17:41

      No - clearly not.

      dexter.morganson - 2012-09-14 17:45

      That's a little out of their league as well. They're used to just getting for nothing in return. The concept of productivity leading to financial gain is as foreign to them as the idea of taking a shower.

  • Adrian Jack - 2012-09-14 17:40

    its not Zuma's fault. He is just unfortunate that he's @ the right place @ the wrong time. Whoever the next president is, there is going to be something worse than before.

      christelle.james.7 - 2012-09-14 17:49

      And we have already learned - rather than vote for another party, we stay were we are and force the leadership out if we don't like them any longer. What a lot of hogwash - it's not only Zuma who does not understand democracy - 80% of the country does not know!

      dexter.morganson - 2012-09-14 17:54

      You can vote for anyone you like, as long as they are ANC. It's a one party system we have here, as such it can't be considered a "democracy". It's just another African Dictatorship disguised under the umbrella of democracy for its international perks.

  • marcus.lebuso - 2012-09-14 17:59

    allll mining companies r about to stop producing,lets fix workers prblms b4 any cabinet member can say a word.people hv died others injured others wer arrestd so lonmin 1nc said its payng its workers 10k so its back on givng its workers 5k sum1 is not tellng th truth nd workers demand must b met wether minister is sayng thy wil deal with illegal gathering or zuma is getting 2nd term we all want to make our lives better nd build ourslfs swimming pools or live in sandton

      steve.gibson.146612 - 2012-09-14 18:18

      Do any of these idiots look back and see what strikes etc cost the average UK citizen and the UK industries who were leaders in production following the 2nd world war. Britain today has lost it's motor industry and is now a major importer of coal.

      shirley.steenkamp - 2012-09-14 18:29

      No Steve-thats way above the brain capacity!

  • shirley.steenkamp - 2012-09-14 18:01

    The rot spreads like cancer! The Tumour is allowed to evoke anarchy! I understand now how Hitler managed to mesmerize so many fools into believing his evil rhetoric. How dare government play with our futures like this!!!!!!!

  • robert.dood.1 - 2012-09-14 19:02

    R1.00 = US$0.12 how much worse is it going to get? I remember when R1.00 = US$1.14

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