Aquarius Platinum chief executive stands down

City A.M. Reporter
The chief executive of Aquarius Platinum has resigned with immediate effect, giving no reason for his departure.

Stuart Murray has terminated his directorships with other companies in the group. A replacement is being sought.

In the interim, Jean Nel will take the role of chief operating officer and Zwelakhe Mankazana has been appointed interim non-executive chairman.

Aquarius Platinum has been hit by strikes at its South African operations, and was forced to temporarily shut its Kroondal mine last month.

In August, the miner reported a full-year loss for the 12 months to the end of June.