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SLP Sylvania Platinum Limited

72.00
0.00 (0.00%)
Last Updated: 15:08:06
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sylvania Platinum Limited LSE:SLP London Ordinary Share BMG864081044 CMN SHS USD0.01 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 72.00 71.00 73.00 72.85 71.00 72.00 977,090 15:08:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 127.04M 45.35M 0.1720 4.19 189.8M

Sylvania Platinum Limited Update on South Africa's COVID-19 measures (1716N)

18/05/2020 7:00am

UK Regulatory


Sylvania Platinum (LSE:SLP)
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TIDMSLP

RNS Number : 1716N

Sylvania Platinum Limited

18 May 2020 _____________________________________________________________________________________________________________________________

Sylvania Platinum Limited

("Sylvania", "the Company" or

"the Group")

AIM (SLP)

18 May 2020

Update on South Africa's COVID-19 measures: Resumption of Operations

The Company today announces an update on the status of the Sylvania Dump Operations ("SDO") following the easing of COVID-19 restrictions on mining companies announced by the South African Government on 16 and 29 April 2020 respectively, under the Disaster Management Act of 2000 .

The SDO commenced with scaled-down operations on 1 May 2020 and management has endeavoured to ramp up and maximise production under the strict conditions stipulated by Government and the Minister of Mineral Resources and Energy. All six operations are now running, albeit at reduced but stable throughput, and started to dispatch PGM concentrate during the past week. T he teams at all the SDO sites are to be commended for their commitment and hard work in ensuring that the operations started up with minimal difficulty whilst prioritising the safety of all employees.

The protection, health and safety of all employees continues to be Sylvania's highest priority and will extend beyond the end of lockdown. The required measures are in place to ensure compliance with relevant regulations and the application of all the necessary training, health, hygiene, safety and personal protective procedures that are required to keep the Group's employees safe.

CORPORATE INFORMATION

 
 Registered and postal   Sylvania Platinum Limited 
  address: 
                         Clarendon House 
                         2 Church Street 
                         Hamilton HM 11 
                         Bermuda 
 
 SA Operations postal    PO Box 976 
  address: 
                         Florida Hills, 1716 
                         South Africa 
 
 

Sylvania Website : www.sylvaniaplatinum.com

CONTACT DETAILS

 
 For further information, please 
  contact: 
 Jaco Prinsloo CEO 
  Lewanne Carminati CFO             +27 11 673 1171 
 
 Nominated Adviser and Broker 
 Liberum Capital Limited            +44 (0) 20 3100 2000 
 Richard Crawley / Ed Phillips 
 
 Communications 
 Alma PR Limited                    +44 (0) 20 3405 0208 
 Justine James / Josh Royston / 
  Helena Bogle 
 

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 or visit www.rns.com.

END

UPDEASSPFSAEEEA

(END) Dow Jones Newswires

May 18, 2020 02:00 ET (06:00 GMT)

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