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Operations and Production Update

27 Mar 2012 09:24

RNS Number : 1405A
Sylvania Platinum Limited
27 March 2012
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Sylvania Platinum Limited

("Sylvania Platinum", "Sylvania" or the "Company")

(ASX: SLP, AIM: SLP)

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Operations and Production Update

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Sylvania Platinum, the low cost Platinum Group Metal ("PGM") processor and developer, today announces that the strike at the host mines affecting the operations at the Western Operations is over and workers have returned to their normal duties.

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During the period of the strike, the operations at the Eastern Operations continued. With the commencement of production from the Western Operations, the company expects production volumes to quickly return to normal.

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Commenting, Nigel Trevarthen said "We are pleased that the strike action at neighbouring mines is over and that all Sylvania employees are now able to gain access to the Company's Western operations and return to work. Furthermore, despite some intense picketing, no harm to employees or damage to equipment was reported, thus allowing us to continue our production ramp up following the commissioning of the Mooinooi plant."

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Ends

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CORPORATE INFORMATION

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Registered office: Sylvania Platinum Limited

Clarendon House

2 Church Street

Hamilton HM 11

Bermuda

Postal address: PO Box 524

Wembley WA 6913

Australia

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CONTACT DETAILS

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For further information please contact:Β 

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South AfricaTerence McConnachie (CEO)

Nigel Trevarthen (Deputy CEO)

Sylvania Platinum Limited+27 (11) 673 1171

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Louis Carroll

(Director/Assistant Company Secretary)Sylvania Platinum Limited+44 (0) 7969 170 622

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Australia

Richard Rossiter (Chairman)Sylvania Platinum Limited

+61 (4) 1868 8338

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Grant Button

(Director/Assistant Company Secretary)

Sylvania Platinum Limited+61 (8) 9226 4777

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United KingdomNominated Adviser

Ambrian Partners LimitedSamantha Harrison/Gillian Atkins

+44 (0) 20 7634 4700

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Broker

RBC Europe Limited

Martin Eales/James Kelly

+44 (0) 20 7653 4000

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Sylvania Website: www.sylvaniaplatinum.com

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Communications

Newgate Threadneedle

Graham Herring/Beth Harris

+44 (0) 20 7653 9850

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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