1779 Platinum & Precious Metals

Aquarius Platinum Limited Period End 30 June 2011

Aquarius Platinum Limited Annual Report 2011
CR Monitor Issue: 
2012/0106
Company covered: 
Aquarius Platinum Limited
Period End: 
30 June 2011
Report issued on 17 January 2012 did not identify any changes with significant impacts on the financial statements but covered the following practice issues:
Change
US$160 million impairments against a mine and a loan balance due from a third party.
Change
Post balance sheet acquisition and other event.
Change
Disclosure of key performance indicators revised.

Lonmin plc Period End 30 September 2009

Costs arising from rights issue increase loss by 36.7%
UK mining company Lonmin carried out a rights issue and recognises US$73 million costs, including those arising from classification of the rights issue as a derivative liability, which increase pre-tax loss by 36.7%.