Aquarius Platinum
Encyclopedia
Aquarius Platinum plc , is a Bermuda
-registered and headquartered mining business.
Aquarius is quoted on the London Stock Exchange
, the Australian Stock Exchange
and the Johannesburg Stock Exchange and is a constituent of the FTSE 250. The Company also has a sponsored Level 1 ADR
program in the United States
.
goldfield. In 1984 it was listed on the Australian Stock Exchange
.
In 1995 it acquired Gemex Exploration & Mining Company and Randex Platinum Holdings and in 1996 it acquired Pacific Platinum so giving it control of the Kroondal Mine
.
In 1998 the company entered into a strategic alliance with Impala Platinum Holdings. The company was first listed on the London Stock Exchange
in that year.
In 2003 the company entered into an agreement with Anglo Platinum to pool and share certain mining interests.
in South Africa
and Zimbabwe
. It operates the following mines:
Bermuda
Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...
-registered and headquartered mining business.
Aquarius is quoted on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
, the Australian Stock Exchange
Australian Stock Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
and the Johannesburg Stock Exchange and is a constituent of the FTSE 250. The Company also has a sponsored Level 1 ADR
American Depositary Receipt
An American depositary receipt is a negotiable security that represents the underlying securities of a non-U.S. company that trades in the US financial markets...
program in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
History
The company was established in 1920 as the Mount Monger Gold Mining company to exploit the KalgoorlieKalgoorlie, Western Australia
Kalgoorlie, known as Kalgoorlie-Boulder, is a town in the Goldfields-Esperance region of Western Australia, and is located east-northeast of state capital Perth at the end of the Great Eastern Highway...
goldfield. In 1984 it was listed on the Australian Stock Exchange
Australian Stock Exchange
The Australian Securities Exchange was created by the merger of the Australian Stock Exchange and the Sydney Futures Exchange in July 2006. It is the primary stock exchange group in Australia....
.
In 1995 it acquired Gemex Exploration & Mining Company and Randex Platinum Holdings and in 1996 it acquired Pacific Platinum so giving it control of the Kroondal Mine
Kroondal, North West
Kroondal is a town situated in North West Province of South Africa with a large German speaking community. It lies on the N4 road.The town grew around a Lutheran mission station that was established in 1858 on the farm Kronendal....
.
In 1998 the company entered into a strategic alliance with Impala Platinum Holdings. The company was first listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
in that year.
In 2003 the company entered into an agreement with Anglo Platinum to pool and share certain mining interests.
Operations
The company's activities are concentrated in the Bushveld ComplexBushveld igneous complex
The Bushveld Igneous Complex is a large layered igneous intrusion within the Earth's crust which has been tilted and eroded and now outcrops around what appears to be the edge of a great geological basin, the Transvaal Basin. Located in South Africa, the BIC contains some of the richest ore...
in South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
and Zimbabwe
Zimbabwe
Zimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
. It operates the following mines:
- Kroondal MineKroondal, North WestKroondal is a town situated in North West Province of South Africa with a large German speaking community. It lies on the N4 road.The town grew around a Lutheran mission station that was established in 1858 on the farm Kronendal....
, South AfricaSouth AfricaThe Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans... - Marikana Mine, South AfricaSouth AfricaThe Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
- Everest Mine, South AfricaSouth AfricaThe Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
- Mimosa Mine, ZimbabweZimbabweZimbabwe is a landlocked country located in the southern part of the African continent, between the Zambezi and Limpopo rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia and a tip of Namibia to the northwest and Mozambique to the east. Zimbabwe has three...
(50% interest)