Manufacturing Industry
AQUARIUS PLATINUM LIMITED - Statement re Mimosa Platinum Mine.
PR Newswire UK Disclose, September, 2005
AQUARIUS PLATINUM LIMITED IMPLATS
21 September 2005
AQUARIUS PLATINUM AND IMPALA PLATINUM HOLDINGS LIMITED ANNOUNCE APPROVAL FOR
LOW CAPITAL COST EXPANSION AT THE MIMOSA PLATINUM MINE
Aquarius Platinum Limited and Impala Platinum Holdings Limited are pleased to
announce an approved low capital cost expansion to increase annual production
capacity to 168,750 PGM ounces (86,500 platinum ounces in concentrate) at the
Mimosa Platinum Mine in Zimbabwe.
The expansion project, known as "Wedza Phase IV", follows three earlier
successful expansion projects at Mimosa and is expected to increase annual PGM
production from 135,000 PGM ounces to 168,750 PGM ounces. The increase in
mining will come from the South Hill ore body...
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