REG - Sylvania Platinum - Second Quarter Report to 31 December 2024
28/01/2025 07:00
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250128:nRSb8506Ua&default-theme=true
RNS Number : 8506U Sylvania Platinum Limited 28 January 2025
28 January 2025
Sylvania Platinum Limited
("Sylvania", the "Company" or the "Group")
Second Quarter Report to 31 December 2024
Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, announces its results for the three months ended 31 December 2024 (the "Quarter" or the "Period" or "Q2 FY2025). Unless otherwise stated, the consolidated financial information contained in this report is presented in United States Dollars ("USD" or "$").
Highlights
* Sylvania Dump Operations ("SDO") produced 20,238 4E (26,373 6E) PGM ounces in
Q2 FY2025, a 6% increase 4E and a 7% increase 6E for the Quarter (Q1 FY2025:
19,160 4E (24,549 6E) PGM ounces);
* SDO recorded $25.7 million net revenue for the Quarter, a 17% increase
quarter-on-quarter (Q1 FY2025: $21.9 million);
* Group EBITDA of $6.7 million, a 104% increase for the Quarter (Q1 FY2025: $3.3
million);
* Cash balance as at 31 December 2024 of $77.5 million (30 September 2024: $94.7
million) in line with expectations;
* Thaba Joint Venture ("Thaba JV") project is on schedule to commence first
production in HY2 FY2025 with all phases of construction of the chrome and PGM
beneficiation plants progressing well;
* Environmental, Social and Governance ("ESG") Report 2024 released;
* During the Period, the Company commenced a Share Buyback from the market and
605,000 shares were bought back during the Quarter, amounting to approximately
$0.3 million in aggregate; and
* The final dividend of 1 pence per share held for FY2024 was paid on 6 December
2024, amounting to $3.3 million.
Outlook
* Construction of the centralised PGM filtration plant at Lesedi is progressing
well and is on schedule to be completed during Q2 FY2026;
* New, host-mine, run of mine ("ROM") plant commissioned at Lesedi, with first
higher grade current arisings received during Q2 FY2025 and operation expected
to achieve steady state operation towards the end of Q3 FY2025;
* The operational readiness phase of the Thaba JV will continue during Q3
FY2025;
* Specialist studies required by the regulators for the Volspruit Project are
being finalised to allow for the submission of the Water Use Licence
Application ("WULA") during Q3 FY2025;
* The Group maintains strong cash reserves enabling it to balance the
requirements of capital expenditure projects (new tailings storage facilities
("TSFs"), expansion and process optimisation capital, new filtration plant,
and Thaba), and to support growth initiatives with the potential to return
value to shareholders;
* Share Buyback of up to $1.6 million continues; and
* Annual production target of 73,000 to 76,000 ounces maintained for the year.
Commenting on the results, Sylvania's CEO, Jaco Prinsloo, said:
"I am pleased to report that the second quarter of FY2025 was a very positive
one with results in line with our expectations, achieving 20,238 4E PGM ounces
from the SDO, being a 6% increase from that recorded in Q1 FY2025.
Additionally, the average 4E gross basket price increased by 2% both in USD
terms and in ZAR terms, which alongside the increase in production ounces,
resulted in improved revenue performance compared to Q1 FY2025.
"On the cost front, Group cash unit cost reduced 3% both in ZAR and USD terms,
assisted by higher PGM ounce production while direct operating costs increased
4% compared with the previous quarter in ZAR terms. Management continues to
focus on disciplined operational and cost control initiatives.
"The Thaba JV project remains on track to commence first production in HY2
FY2025. We are looking forward to the Thaba JV augmenting and de-risking our
portfolio by introducing a chrome revenue stream.
"Sylvania's interim financial results will be released on Tuesday 18 February
2025 and I, and the Group CFO, Lewanne Carminati, will be hosting investor
webinars and shareholder meetings over the course of the week of the release.
Once again, we look forward to engaging with our valued stakeholders during
this period."
CONTACT DETAILS
For further information, please contact:
Jaco Prinsloo CEO +27 11 673 1171
Lewanne Carminati CFO
Nominated Adviser and Broker
Panmure Liberum Limited +44 (0) 20 3100 2000
Scott Mathieson / John More / Joshua Borlant
Communications
BlytheRay +44 (0) 20 7138 3204
Tim Blythe / Megan Ray sylvania@BlytheRay.com (mailto:sylvania@BlytheRay.com)
CORPORATE INFORMATION
Registered and postal address: Sylvania Platinum Limited
Clarendon House
2 Church Street
Hamilton HM 11
Bermuda
SA Operations postal address: PO Box 976
Florida Hills, 1716
South Africa
Sylvania Website: www.sylvaniaplatinum.com (http://www.sylvaniaplatinum.com)
About Sylvania Platinum Limited
Sylvania Platinum is a lower-cost producer of platinum group metals ("PGMs")
(platinum, palladium and rhodium) with operations located in South Africa. The
Sylvania Dump Operations ("SDO") is comprised of six chrome beneficiation and
PGM processing plants focusing on the retreatment of PGM-rich chrome tailings
materials from mines in the Bushveld Igneous Complex ("BIC"). The SDO is the
largest PGM producer from chrome tailings re-treatment in the industry. In
FY2023, the Company entered into the Thaba Joint Venture ("Thaba JV") which
comprises chrome beneficiation and PGM processing plants, and which will treat
a combination of run of mine ("ROM") and historical chrome tailings from our
JV partner, adding a full margin chromite concentrate revenue stream in
addition to extra PGM ounces. The Group also holds mining rights for PGM
projects in the Northern Limb of the BIC.
For more information visit https://www.sylvaniaplatinum.com/
(https://www.sylvaniaplatinum.com/)
Operational and Financial Summary
Production Unit Q1 FY2025 Q2 FY2025 % Change
Plant Feed T 625,881 640,143 2%
Feed Head Grade g/t 2.03 2.19 8%
PGM Plant Feed Tons T 327,812 325,177 -1%
PGM Plant Feed Grade g/t 3.24 3.50 8%
PGM Plant Recovery(1) % 56.34% 55.26% -2%
Total 4E PGMs Oz 19,160 20,238 6%
Total 6E PGMs Oz 24,549 26,373 7%
Unaudited USD ZAR
Unit Q1 FY2025 Q2 FY2025 % Change Unit Q1 FY2025 Q2 FY2025 % Change
Financials (3)
Average 4E Gross Basket Price(2) $/oz 1,356 1,387 2% R/oz 24,348 24,855 2%
Revenue (4E) $'000 18,527 19,861 7% R'000 332,552 355,901 7%
Revenue (by-products including base metals) $'000 3,280 3,723 14% R'000 58,885 66,716 13%
Sales adjustments $'000 108 2,069 1816% R'000 1,944 37,079 1807%
Net revenue $'000 21,915 25,653 17% R'000 393,381 459,696 17%
Direct Operating costs $'000 15,484 16,152 4% R'000 277,943 289,441 4%
Indirect Operating costs $'000 2,784 2,237 -20% R'000 49,979 40,082 -20%
General and Administrative costs $'000 629 565 -10% R'000 11,291 10,136 -10%
Group EBITDA $'000 3,299 6,741 104% R'000 59,217 120,934 104%
Net Profit $'000 3,008 6,311 110% R'000 53,994 113,219 110%
Capital Expenditure(4) $'000 7,774 9,927 28% R'000 139,547 178,090 28%
Cash Balance(5) $'000 94,651 77,522 -18% R'000 1,641,248 1,464,391 -11%
Ave R/$ rate R/$ 17.95 17.94 0%
Spot R/$ rate R/$ 17.34 18.89 9%
Unit Cost/Efficiencies
SDO Cash Cost per 4E PGM oz(6) $/oz 808 798 -1% R/oz 14,506 14,302 -1%
SDO Cash Cost per 6E PGM oz(6) $/oz 631 612 -3% R/oz 11,322 10,975 -3%
Group Cash Cost Per 4E PGM oz(6) $/oz 976 946 -3% R/oz 17,519 16,971 -3%
Group Cash Cost Per 6E PGM oz(6) $/oz 762 726 -5% R/oz 13,678 13,024 -5%
All-in Sustaining Cost (4E) $/oz 995 971 -2% R/oz 17,867 17,399 -3%
All-in Cost (4E)(7) $/oz 1,401 1,432 2% R/oz 25,150 25,669 2%
( )
The Sylvania cash generating subsidiaries are incorporated in South Africa
with the functional currency of these operations being ZAR. Revenues from the
sale of PGMs are received in USD and then converted into ZAR. The Group's
reporting currency is USD as the parent company is incorporated in Bermuda.
Corporate and general and administration costs are incurred in USD, GBP and
ZAR.
1 PGM plant recovery is calculated on the production ounces that include the
work-in-progress ounces when applicable.
2 The gross basket price in the table is the December 2024 gross 4E basket
used for revenue recognition of ounces delivered in Q2 FY2025, before
penalties/smelting costs and applying the contractual payability.
3 Revenue (6E) for Q2 FY2025, before adjustments is $23.4 million (6E prill
split is Pt 50%, Pd 18%, Rh 9%, Au 0%, Ru 18%, Ir 5%). Revenue excludes
profit/loss on foreign exchange.
4 The capital expenditure includes 50% attributable capital for the Thaba
JV.
5 The cash balance excludes restricted cash held as guarantees $1.1 million
(Q1 FY2025 $1.3 million).
6 The cash costs include operating costs and exclude indirect costs for
example mineral royalty tax and Employee Dividend Entitlement Plan ("EDEP")
payments.
7 The all-in cost increase is due to the increased spend on the Thaba JV and
capital projects (strategic and growth capital). The Thaba JV spend for Q2
FY2025 is $5.6 million (attributable).
A. OPERATIONAL OVERVIEW
Safety, health and environment ("SHE")
Health, safety and environment remains a focus area on all operations.
Doornbosch remains 12-years lost-time injury ("LTI")-free, and Doornbosch and
Lannex have been total injury-free for over three years and one year,
respectively, during the Period. One LTI occurred at Mooinooi where a
contractor boilermaker sustained an injury to his hand during a maintenance
task.
The Company's 'Silly Season' campaign, conducted from November 2024 to January
2025, underscored the importance of maintaining a hazard-free and injury-free
environment. Through various creative initiatives, employees embraced a
culture of mindfulness and vigilance regarding safety protocols, resulting in
the remarkable achievement of zero injuries throughout the festive season.
Sylvania also executed a successful anti-gender-based violence ("GBV")
campaign, promoting a workplace culture of respect and equality. Informative
sessions and open dialogues enabled employees to gain a deeper understanding
of the impact of GBV and to become ambassadors for change. This commitment to
inclusivity contributes to a more harmonious and supportive professional
community.
The Company remains steadfast in its dedication to maintaining a safe,
healthy, and environmentally conscious workplace.
Operational performance
The SDO produced 20,238 4E PGM ounces during the Quarter. This equates to an
increase of 6% compared to Q1 FY2025. This improvement was primarily due to an
increase in feed head grade of third-party material treated at the Company's
Eastern operations, which contributed to the overall grade increase of 8% for
the Quarter, while PGM feed tons were marginally lower, impacted by a four-day
planned maintenance shutdown at Tweefontein during October 2024. The
reconstituted PGM recovery efficiency for SDO is 2% lower compared to Q1
FY2025, primarily due to a higher portion of PGM ounces produced from Lesedi
and Lannex, which are treating ores with lower recovery potential.
The focus of the operations remains on identifying the best feed sources to
maximise the recovery potential through effective feed source blending and
also pro-active management of ROM grades from the host mine. The higher grades
from outside sources on the Eastern operations have continued to contribute
positively to performance and the achievement of targets.
SDO operating cash costs per 4E PGM ounce decreased 1% in South African Rand
("ZAR") terms to ZAR14,302/ounce and 1% in dollar terms, to $798/ounce (Q1
FY2025: ZAR14,506/ounce and $808/ounce respectively), assisted by improved PGM
ounce production.
Operational opportunities and outlook
The column flotation cell at Millsell was successfully commissioned in Q2
FY2025 and is currently in an optimisation phase to improve Millsell's PGM
concentrate quality and payability of the concentrate produced.
The construction of the centralised PGM filtration plant at Lesedi is
progressing well, with earthworks and civils already well underway, and the
project is on track to be completed during Q2 FY2026.
The host mine's Lesedi ROM plant was commissioned in October 2024 and aims to
ramp-up towards a steady state by the end of Q3 FY2025, resulting in an
attractive new higher grade current arising feed source to the Lesedi
operation. While the Company's Section 189A ("S189A") of the Labour Relations
Act, 66 of 1995 ("LRA") consultation process, that was initiated in July 2024,
is still in place, we continue to monitor and evaluate the quality of new
current arisings feed source, which we believe could improve the profitability
of the Lesedi operation based on initial plant performance trends since
commissioning.
To ensure meaningful consultation in line with section 189A (2)(d), the
Company agreed to extend the Section 189A consultation process period in
progress at Lesedi until at least the end of February 2025, and further
updates will be provided as and when results are forthcoming.
Additionally, work is underway at Lannex to optimise the milling and fines
classification circuit as well as to improve both chrome beneficiation and PGM
recovery efficiencies at the operation.
B. FINANCIAL OVERVIEW
Financial performance
Revenue (4E) for the Quarter increased by 7% to $19.9 million (Q1 FY2025:
$18.5 million) as a result of the increased production during the Period and a
slight increase in the 4E gross basket price for the Quarter of 2% to
$1,387/ounce against $1,356/ounce in Q1 FY2025.
Net revenue, which includes revenue from by-products, base metals and the
quarter-on-quarter sales adjustment, increased by 17% to $25.7 million (Q1
FY2025: $21.9 million). Net revenue includes attributable revenue received for
ounces produced from material purchased from third parties.
Group cash costs per 4E PGM ounce decreased by 3% in ZAR terms from
ZAR17,519/ounce to ZAR16,971/ounce and 3% in dollar terms from $976/ounce to
$946/ounce, mainly as a result of the 6% increase in ounce production
quarter-on-quarter.
General and administrative costs decreased to $0.57 million from $0.63 million
in Q1 FY2025. These costs are incurred in USD, Pounds Sterling ("GBP") and
ZAR.
Group EBITDA for the Quarter was $6.7 million (Q1 FY2025: $ 3.3 million), a
104% increase quarter-on-quarter, which is mainly due to the 6% higher
production and 2% increase in basket price in dollar terms. Net profit was
$6.3 million (Q1 FY2025: $3.0 million), a 110% increase from Q1 FY2025.
The Group cash balance decreased by 18% quarter-on-quarter to $77.5 million
(Q1 FY2025 $94.7 million), which was primarily due to the capital expenditure
on the Thaba JV development of $12.1 million, the payment of the final
dividend of $3.3 million in December 2024 and $1.4 million spent on
stay-in-business and strategic capital as compared to Q1 FY2025.
Provisional tax paid to the South African Revenue Services amounted to $0.4
million (ZAR6.6 million). Interest was earned on surplus cash invested in both
USD and ZAR amounting to $1.1 million (ZAR19.8 million).
Cash outflow on capital amounted to $16.4 million (Q1 FY2025 $12.6 million)
comprising $12.1 million on the development of the Thaba JV, $4.1 million on
stay in business and improvement capital and $0.2 million on exploration
projects. It is important to note that the Thaba JV capital cash outflow is
the full 100% of the project spend, however, 50% will be recovered from the JV
partner.
At a corporate level, 605,000 shares were bought back during the Quarter in
line with the share buyback programme that was announced on 20 December 2024,
amounting to approximately $0.3 million in aggregate. A cash dividend of 1
pence per share held was paid on 6 December 2024, amounting to $3.3 million.
Cash generated from operations before working capital movements was $6.9
million, with net changes in working capital of $4.2 million mainly due to the
movement in trade receivables of $3.0 million.
The impact of the exchange rate fluctuations amounted to a $0.9 million loss
due to the 9% depreciation of the ZAR to the USD at the end of Q2 FY2025.
C. THABA JV
The unincorporated joint venture Agreement between the Company's wholly owned
South African subsidiary, Sylvania Metals (Pty) Ltd ("Sylvania Metals") and
Limberg Mining Company (Pty) Ltd ("LMC"), a subsidiary of ChromTech Mining
Company (Pty) Ltd ("ChromTech"), the Thaba JV, is advancing well and as
expected. The project execution phase of approximately 18-24 months, which
commenced in August 2023, is progressing as planned and the project is on
schedule for first production to commence in HY2 FY2025.
Design for the project is complete. Procurement for the operational readiness
phase will continue during Q3 FY2025. Recruitment and on-boarding of
operational employees commenced during H1 FY2025, with the bulk of employees
on site from January 2025 to prepare for the start of cold commissioning.
Fabrication and delivery of long lead mechanical items are complete, with the
delivery of the final platework items for the crushing circuit scheduled for
Q3 FY2025. Equipment and infrastructure for the supply of temporary power
during commissioning are on site and currently being installed.
The construction of the high voltage yard is progressing slower than planned
due to high rainfall over the past two months. However, the power projects are
forecasted to be completed by Q4 FY2025 and the delay will not impact
commissioning.
Despite delays associated with abnormally high rainfall during the months of
December 2024 and January 2025, the critical path of the project is well
understood, risks have been adequately mitigated, and there is currently no
anticipated delay in the project's completion.
D. MINERAL ASSET DEVELOPMENT
The Group continues to improve its technical understanding of the three
approved PGM-base metal mining rights it holds on the Northern Limb of the
Bushveld Igneous Complex ("BIC") in South Africa. A geophysical survey was
undertaken over the Aurora Project area during Q2 FY2025. All additional
information will be utilised in determining how best to develop these assets.
Volspruit Project
Following on from the positive Scoping Study reported in the previous quarter,
work continues on assessing new technologies that may assist in upgrading the
feed grade for Volspruit. A report on the processing test work completed to
date is expected during Q3 FY2025. The outcomes of these assessments will
assist in determining how best to derive further value from the project.
Specialist studies required by the regulators are being finalised to allow for
the submission of the WULA during Q3 FY2025. The final Environmental Impact
Assessment ("EIA") Report and associated Environmental Management Programme
for the amendment of the EIA was submitted at the end of Q1 FY2025. A decision
from the competent authority is expected during Q3 FY2025.
Far Northern Limb Projects
An exploration programme for Aurora has been compiled based on the
reinterpretation of historic drilling. A geophysical survey covering the
Aurora Project area was successfully completed during Q2 FY2025. The results
of the survey are currently being assessed and incorporated into the existing
database in order to determine next steps.
Processing test work on samples from the most recent drilling campaign at
Aurora, aimed at gaining an understanding of the metallurgical characteristics
of the mineralised zone, will be completed in HY2 FY2025.
If required and justified, future borehole drilling programmes will be
designed based on the outcomes of the geophysical and metallurgical test work.
The Company continues to explore potential disposal options for the Hacra
asset as a result of Sylvania focussing its exploration activities on the
shallower mineralisation at its Volspruit and Aurora projects.
E. CORPORATE ACTIVITIES
ESG Report 2024
On 25 November 2024, the Company released its ESG Report 2024, 'Sustaining
Progress: Sylvania's Commitment to Responsible Growth', for the year ended 30
June 2024. The full report is available for download from the Company's
website www.sylvaniaplatinum.com (http://www.sylvaniaplatinum.com) .
Share Buyback
During the Period, the Company commenced a Share Buyback from the market and,
as at 27 January 2025, has bought back a total of 1,705,000 Ordinary Shares at
an average price of 41.08 pence per share, equating to $0.87 million in
aggregate. The purpose of the Share Buyback is to reduce the share capital of
the Company and has been funded from the Company's current cash balance.
For the purposes of the Financial Conduct Authority's Disclosure and
Transparency Rules, the Company's issued share capital is 273,366,725 Ordinary
Shares. Following the above purchases, a total of 13,257,395 Ordinary Shares,
including 1,705,000 pending cancellation, are held in Treasury. Therefore, the
total number of Ordinary Shares with voting rights in Sylvania was 260,109,330
Ordinary Shares.
Interim financial results announcement
The Company will announce its interim results for the six months ended 31
December 2024 on Tuesday, 18 February 2025.
Analyst presentation
The Company will be hosting a webinar for analysts on the day of release of
its interim results. To register your interest, please email
sylvania@BlytheRay.com.
Online investor presentation
The Company is committed to ensuring that there are appropriate communication
channels for all elements of its shareholder base so that its strategy,
business model and performance are clearly understood.
Sylvania's CEO, Jaco Prinsloo, and CFO, Lewanne Carminati, will host a live
investor presentation, via the Investor Meet Company platform, on Wednesday,
19 February 2025 at 15:00 GMT.
The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via the Investor Meet Company dashboard up until
09:00 GMT the day before the meeting or at any time during the live
presentation.
Investors can sign up to Investor Meet Company for free and include Sylvania
Platinum Limited via
https://www.investormeetcompany.com/sylvania-platinum-limited/register-investor
(https://www.investormeetcompany.com/sylvania-platinum-limited/register-investor)
.
Investors who have already registered and elected to meet the Company, will be
automatically invited.
ANNEXURE
GLOSSARY OF TERMS FY2025
The following definitions apply throughout the Period:
3E PGMs 3E ounces include the precious metal elements Platinum, Palladium and Gold
4E PGMs 4E PGM ounces include the precious metal elements Platinum, Palladium, Rhodium
and Gold
6E PGMs 6E ounces include the 4E elements plus additional Iridium and Ruthenium
AGM Annual General Meeting
AIM Alternative Investment Market of the London Stock Exchange
All-in cost All-in sustaining cost plus non-sustaining and expansion capital expenditure
All-in sustaining cost Production costs plus all costs relating to sustaining current production
and sustaining capital expenditure.
Attributable Resources or portion of investment belonging to the Company
BCM Bank cubic metres
CLOs Community Liaison Officers
Company The purely equity holding entity registered in Bermuda, Sylvania Platinum
Limited, with its entire share capital admitted on AIM.
DMRE Department of Mineral Resources and Energy
EBITDA Earnings before interest, tax, depreciation and amortisation
EA Environmental Authorisation
EAP Employee Assistance Program
EDEP Employee Dividend Entitlement Programme
EEFs Employment Engagement Forums
EIA Environmental Impact Assessment
EIR Effective interest rate
EMPR Environmental Management Programme Report
ESG Environment, Social and Governance
GBP Pounds Sterling
GHG Greenhouse gases
GISTM Global Industry Standard on Tailings Management
GRI Global Reporting Initiative
Group The Company and its controlled entities.
IASB International Accounting Standards Board
ICE Internal combustion engine
ICMM International Council on Mining and Metals
IFRIC International Financial Reporting Interpretation Committee
IFRS International Financial Reporting Standards
Lesedi Phoenix Platinum Mining Proprietary Limited, renamed Sylvania Lesedi
LSE London Stock Exchange
LTI Lost-time injury
LTIFR Lost-time injury frequency rate
MF2 Milling and flotation technology
MPRDA Mineral and Petroleum Resources Development Act
MRA Mining Right Application
MRE Mineral Resource Estimate
Mt Million Tons
NUMSA National Union of Metals Workers of South Africa
NWA National Water Act 36 of 1998
PGM Platinum group metals comprising mainly platinum, palladium, rhodium, and gold
PDMR Person displaying management responsibility
PEA Preliminary Economic Assessment
PFS Preliminary Feasibility Study
Pipeline ounces 6E ounces delivered but not invoiced
Pipeline revenue Revenue recognised for ounces delivered, but not yet invoiced based on
contractual timelines
Pipeline sales adjustment Adjustments to pipeline revenues based on the basket price for the period
between delivery and invoicing
Project Echo Secondary PGM Milling and Flotation (MF2) program announced in FY2017 to
design and install additional new fine grinding mills and flotation circuits
at Millsell, Doornbosch, Tweefontein, Mooinooi and Lesedi
Revenue (by products) Revenue earned on Ruthenium, Iridium, Nickel and Copper
ROM Run of mine
SDO Sylvania dump operations
SHE Safety, health and environmental
Silly Season The 'Silly Season' campaign is historically where a high number of accidents
at mines are reported during the last Quarter of the calendar year. This
period is often challenging from a health and safety perspective and is
commonly known as 'Silly Season/ Critical Season'
SLP Social and Labour Plan
Sylvania Sylvania Platinum Limited, a company incorporated in Bermuda
Sylvania Metals Sylvania Metals (Pty) Limited
TCFD Task Force on Climate-Related Financial Disclosures
tCO2e Tons of carbon dioxide equivalent
Thaba JV Thaba Joint Venture
TRIFR Total recordable injury frequency rate
TSF Tailings storage facility
UNSDGs United Nations Sustainability Development Goals
USD United States Dollar
WULA Water Use Licence Application
UK United Kingdom of Great Britain and Northern Ireland
VAT Value Added Tax
ZAR South African Rand
Zero Harm The South African mining industry is committed to the shared aspiration of
achieving the goal of Zero Harm, which aims to ensure that mineworkers return
home from work healthy and unharmed every day
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END UPDPPUUPGUPAGMMRecent news on Sylvania Platinum
See all newsREG - Sylvania Platinum - TR-1 Notification of Change in Major Shareholding
AnnouncementREG - Sylvania Platinum - Appointment of Joint Broker and Financial Adviser
AnnouncementREG - Sylvania Platinum - Interim Financial Results Announcement
AnnouncementREG - Sylvania Platinum - Second Quarter Report to 31 December 2024
AnnouncementREG - Sylvania Platinum - Share Buyback Update
Announcement