HomeNewsAquarius cuts output targets

Aquarius cuts output targets

Aquarius Platinum’s
Blue Ridge mine
Johannesburg, South Africa — MININGREVIEW.COM — 01 July 2010 – Aquarius Platinum “’ the world’s fourth-largest primary platinum producer “’ says it has cut output targets by a fifth at its Blue Ridge mine, due to a suspension of operations and a safety review after two deaths in separate incidents.

Releasing the information here, the company said in a statement to the JSE that mining at Blue Ridge “’ which had been closed following two fatal accidents in the past month “’ had resumed this week.

It added that operations at the mine “’ situated in Mpumalanga and acquired from Ridge Mining in July 2009 “’ were closed for two weeks following the second fatal accident in the past month.

The company said the temporary suspension and a review of safety systems would slow the ramp-up of the mine and lower production in the short term.

The statement went on to say that the company anticipated that Blue Ridge would  produce about 80 000 4E PGM ounces in the 2011 financial year, down from its original target of 100 000 ounces.

Meanwhile Harmony Gold Mining Limited says it has resumed operations at its Phakisa mine in South Africa, apart from the four sections affected by the explosion last week which killed four workers.

“Investigations into the incident are continuing,” Harmony spokeswoman Esha Brijmohan said in an e-mailed response to questions. The mine produced 955 kilograms of gold in the three months through March.