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Aquarius posts flat Q2 production, battered PGM basket prices

Attributable platinum production from Aquarius’s operating mines increased by a marginal 0.5% in the three months ended December 31, to 89 399 oz, despite production headwinds at the group’s Kroondal mine and a decrease in material processed at the Platinum Mile tailings operation. The company on Thursday reported that output at the North West-based Kroondal operation increased 3% to 57 421 oz on the prior year’s comparable quarter, despite production challenges at the Simunye and Kopaneng shafts.