CORRECTED - CORRECTED-BRIEF-Aquarius Platinum Q1 production at 96,500 PGM ou

Tue Oct 27, 2009 3:35am EDT
 
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(Corrects figure in headline to 96,500 ounces)

JOHANNESBURG, Oct 27 (Reuters) - Aquarius Platinum Ltd (AQP.AX): * Aquarius platinum ltd aqpj.j says attributable production of 96,500 pgm ounces * Says gross "cash" profit for the quarter of $18.6 million * Says net profit for quarter $9.5 million after $3.2 million "once off" costs * Expects ridge mining operations to add modest growth to existing operations in the short to medium term * Says remains cash positive, with a strong balance sheet and $195 million in cash * Says will continue to seek further growth opportunities * Says underlying performance of kroondal and marikana mines remains stable ((Johannesburg newsroom, +27 11 775 3155)) ((For more information, click on [nJS1a0005A]))

 

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