Aquarius posts interim loss, production down

ASX-, LSE- and JSE-listed Aquarius Platinum on Thursday posted a loss of $113-million, or 24.31 c a share, for the first half of its 2012 financial year. Aquarius CEO Stuart Murray attributed the negative result for the six months to December 31 to a foreign exchange loss of $91-million arising from the revaluation of intercompany loans within the group, as well as to reduced platinum-group metals (PGMs) production.

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