Aquarius Platinum 2013 Half Year Financial Results to 31 Dec 2012
Key Points: Financial
Revenue decreased by 29% to $179 million (H1 2012: $252 million)
Mine operating net cash flow decreased by $63 million to a $38 million outflow
(H1 2012: inflow of $25 million)
Mine EBITDA decreased by 24% to $22 million (H1 2012: $29 million)
Group cash balance at period end of $83 million
Key Points: Operational
Group attributable production decreased by 27% to 156,787 PGM ounces (H1 2012:
215,453 PGM ounces)
Attributable production from operating mines increased by 8% compared to the
previous corresponding period (pcp)
The average US Dollar PGM Basket Price was 10% lower compared to the pcp
The average Rand Basket Price increased by 1% compared to the pcp due to a
weaker Rand
The Rand weakened by 12% on average against the US Dollar
On-mine unit cash costs in South Africa increased by 3% in Rand terms
Mimosa performed strongly again, continuing to produce at capacity
Operations at Blue Ridge, Marikana, Everest and CTRP remained suspended