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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 |
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
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(END) Dow Jones Newswires
May 18, 2020 02:00 ET (06:00 GMT)
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