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Aquarius dives after deadly mine clash

Aug 02 2012 09:56
Johannesburg - Shares of Aquarius Platinum [JSE:AQP] tumbled more than 8% at the start of trade on Thursday after an attack at one of its mines in South Africa left three dead and at least 20 injured.

The company, which is also listed in London, said late on Wednesday that about 200 people, some of them armed, forced their way onto the mine property.

They were understood to be former employees of the mine's mining contractor, who were dismissed following illegal strike action in June, it said.

Shares in the company were down 8.08% at R4.55d by 09:12, compared with a flat All-Share index.

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aquarius platinum  |  strike  |  mine deaths  |  platinum



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