Aquarius Pt to keep ops mothballed

[miningmx.com] – AQUARIUS Platinum is to keep three of its mines in mothballs owing to difficulties in the platinum market, said BDLive.

Aquarius also has balance sheet worries with a $300m convertible bond due in 2015 that could not be repaid using cash unless there was a 44% rise on current spot prices, said an analyst quoted by BDLive.

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