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Share Price: 68.00

Bid: 67.00

Ask: 69.00

Change: 0.00 (0.00%)

Spread: 2.00 (2.985%)

Open: 68.00

High: 68.00

Low: 68.00

Prev. Close: 68.00

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IN BRIEF: Sylvania Platinum to achieve mid-range annual output target

Mon, 11th Jul 2022 14:27

Sylvania Platinum Ltd - Bermuda-based South Africa-focused platinum miner - Says its on track to achieve the mid-range of its financial year production target. Mid-range is 66,000 to 68,000 ounces of platinum group metals in its financial year that ended June 30.

Adds sale of Grasvally Chrome Mine Pty Ltd to Forward Africa Mining Pty Ltd became unconditional on Friday.

Current stock price: 80.78 pence, up 1.1% on Monday

12-month change: down 30%

By Tom Budszus; tombudszus@alliancenews.com

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(Sharecast News) - Sylvania Platinum declared 17,972 platinum, palladium, rhodium and gold (4E platinum group metals) ounces from its dump operations in its first quarter on Wednesday, rising from 9,055 ounces in the fourth quarter, but falling from 20,797 ounces in the first quarter of the prior year.

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(Sharecast News) - Sylvania Platinum said on Monday that its dump operations had been running at full capacity since June, after lockdown regulations were implemented to prevent the spread of Covid-19 between 27 March and 30 April, which placed them on care and maintenance.

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IN BRIEF: Sylvania Platinum to achieve mid-range annual output target

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