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Pin to quick picksSylvania Platinum Share News (SLP)

Share Price Information for Sylvania Platinum (SLP)

London Stock Exchange
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Share Price: 71.00
Bid: 70.00
Ask: 72.00
Change: 2.00 (2.90%)
Spread: 2.00 (2.857%)
Open: 69.00
High: 71.00
Low: 70.50
Prev. Close: 69.00
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Sylvania Platinum shares dip following operational update

Tue, 12th Mar 2013 11:58

Shares in AIM-listed Sylvania Platinum dipped on Tuesday morning after the company issued an operational update disclosing the estimated production loss following temporary stoppages earlier this year.Following the temporary stoppages in February and early March, the company said that the estimated production loss was approximately 900 ounces.The company reported that it "is currently reviewing strategies to make up these losses." During the period, the company reported that other operations on the Eastern limb had continued with production as planned.Background: Underground accident at a mine in FebruaryThe stoppages followed an incident in February. On February 10th, the company reported that an underground accident had occurred at Samancor's Mooinooi host mine. Following an accident investigation, the Department of Mineral Resources (DMR) ordered the stoppage of all underground operations at Mooinooi the same day and therefore also stopping feed to Sylvania's Mooinooi run-of-mine plant. Underground operations resumed on February 18th, the company said, and during this period dump material was still being fed into Sylvania's run-of-mine plant.Following a separate underground incident at Samancor's Millsell host mine on February 27th, the DMR ordered the immediate cessation of all underground work at the Millsell mine which had the effect of stopping all current arisings to Sylvania's Millsell plant. Sylvania said it worked closely with all relevant parties following the incidents and the work stoppage was lifted on March 8th.Shares in Sylvania Platinum were down 10.48% to 11.75p at 11:47 on Tuesday.Sylvania Platinum is an expanding producer of the platinum group metals. These include platinum, rhodium and palladium.MF
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26 Nov 2018 14:39

Sylvania Platinum shareholders approve maiden dividend

(Sharecast News) - Sylvania Platinum confirmed on Monday that at its annual general meeting on Friday, shareholders approved a maiden dividend for the year ended 30 June of 0.35p per share.

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31 Oct 2018 12:15

Sylvania Platinum Revenue Drops In First Quarter As Production Slows

LONDON (Alliance News) - Sylvania Platinum Ltd said Wednesday its revenue in the first quarter dropped alongside the amount of platinum produced.For the three months ended September, 12% to

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28 Aug 2018 13:05

Tuesday broker round-up

(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.

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28 Aug 2018 10:46

Sylvania Platinum Declares Maiden Dividend Amid Annual Profit Rise

LONDON (Alliance News) - Sylvania Platinum PLC on Tuesday declared a maiden dividend for its recently ended financial year as profit and revenue rose during the period.The platinum group it

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30 Apr 2018 15:57

Sylvania Platinum Reports Drop In Quarterly Earnings Amid Higher Costs

LONDON (Alliance News) - Sylvania Platinum Ltd on Monday said that higher operating costs and lower platinum group metals production led to a 59% quarter-on-quarter drop in net profit for the of a

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14 Feb 2017 13:03

Sylvania Platinum earnings triple in first half

(ShareCast News) - Sylvania Platinum posted its interim financial results for the six months to 31 December on Tuesday, with group EBITDA has increasing to $9.22m from $3.61m in the first half of the prior year. The AIM-traded company said net profit increased to $4.52m from $0.28m and revenue impro

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30 Aug 2016 16:27

Cost-cutting boosts bottom-line at Sylvania Platinum

(ShareCast News) - Platinum Group Metals (PGM) producer Sylvania Platinum posted improved profits on a before and after tax basis as cost-cutting took the sting out of a drop in the company´s rate of top-line growth. Sylvania dump operations achieved a record production level for a third year in a r

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29 Jul 2016 12:06

Sylvania reaches record production in fourth quarter

(ShareCast News) - Low-cost platinum group metal processor and developer Sylvania Platinum announced its results for the quarter ended 30 June on Friday, from its production and development operations in the Bushveld region of South Africa. The AIM-traded firm said Sylvania Dump Operations produced

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26 Apr 2016 10:09

Sylvania Platinum Raises Full Year Ounce Production Estimates

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8 Feb 2016 12:23

Solid earnings for Sylvania platinum, but weak ZAR hurting

(ShareCast News) - Sylvania Platinum was looking at solid earnings in its interim results to 31 December 2015 on Monday, but the weakness of South Africa's currency was hurting its cash reserves. The AIM-traded firm saw group adjusted EBITDA lift 59% to $3.61m (£2.5m). Its Sylvania Dump Operations (

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8 Feb 2016 10:48

Sylvania Platinum Sees Steep Drop In Profit As Production, Prices Fall

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28 Jan 2016 11:25

Sylvania Platinum Sees Production, Revenue Rise In Second Quarter

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28 Oct 2015 09:03

Sylvania Revenue Hit By Lower Production And Lower Platinum Prices

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26 Oct 2015 16:13

AGM, EGM Calendar - Week Ahead

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24 Aug 2015 12:31

UPDATE: Sylvania Platinum Warns Of Hit To First Quarter Production

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