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Aquarius halts Blue Ridge mine
AQUARIUS Platinum’s wholly-owned subsidiary Ridge Mining has decided to suspended the funding of the jointly-owned Blue Ridge Platinum mine.
The suspension follows a review of its economic viability in the current group metals rand price environment, pending a decision by the board of Blue Ridge to place the mine on care and maintenance.
Aquarius Platinum’s South Africa subsidiary has completed an initial assessment of the expansion potential at the Everest Mine following the recently announced acquisition of Booysendal South.