South Africa: Ridge in Talks With Aquarius

Johannesburg — AQUARIUS Platinum, SA's fourth-biggest miner, is in talks that could lead to a takeover bid for AIMlisted platinum junior Ridge Mining at a time when falling platinum prices are expected to speed up the long-awaited consolidation of SA's platinum producers.

Ridge's shares surged 25% in London to 39,50p after it made an announcement to the exchange.

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