Investor Presentation

RNS Number : 8073K
Sylvania Platinum Limited
06 September 2021
 

   

 

 

 

 

  _____________________________________________________________________________________________________________________________

 

6 September 2021

 

 

Sylvania Platinum Limited

 ("Sylvania" or the "Company")

 

 

Publication of Updated Corporate Investor Presentation

 

 

Sylvania (AIM: SLP) is pleased to announce that an updated corporate presentation is now available for download from the Company's 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 / Scott Mathieson / Ed Phillips


 

 


Communications


Alma PR Limited

+44 (0) 20 3405 0205

Justine James / Harriett Jackson/ Faye Calow

sylvania@almapr.co.uk

 

 

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

 

About Sylvania Platinum Limited

 

Sylvania Platinum is a lower-cost producer of platinum group metals (PGM) (Platinum, Palladium and Rhodium) with operations located in South Africa. The Sylvania Dump Operations (SDO) comprises six chrome beneficiation and PGM processing plants focusing on the retreatment of PGM-rich chrome tailings materials from mines in the Bushveld Igneous Complex. The SDO is the largest PGM producer from chrome tailings re-treatment in the industry. The Group also holds mining rights for PGM projects and a chrome prospect in the Northern Limb of the Bushveld Complex.

 

 

For more information visit https://www.sylvaniaplatinum.com/  

 



ANNEXURE

 

GLOSSARY OF TERMS FY2021

The following definitions apply throughout the period:

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 sustaining cost

Production costs plus all costs relating to sustaining current production and sustaining capital expenditure.

All-in cost

All-in sustaining cost plus non-sustaining and expansion capital expenditure

ASX

Australian Securities Exchange

Current risings

Fresh chrome tails from current operating host mines processing operations

DMRE

Department of Mineral Resources and Energy

EBITDA

Earnings before interest, tax, depreciation and amortisation

EA

Environmental Authorisation

EIA

Environmental Impact Assessment

EIR

Effective interest rate

EMPR

Environmental Management Programme Report

GBP

Great British Pound

IASB

International Accounting Standards Board

IFRIC

International Financial Reporting Interpretation Committee

IFRS

International Financial Reporting Standards

I&APs

Interested and Affected Parties

Lesedi

Phoenix Platinum Mining Proprietary Limited, renamed Sylvania Lesedi

LSE

London Stock Exchange

LTI

Lost time injury

MF2

Milling and flotation technology

MPRDA

Mineral and Petroleum Resources Development Act

MRA

Mining Right Application

MTO

Mining Titles Office

NOMR

New Order Mining Right

NWA

National Water Act 36 of 1998

Option Plan

Sylvania Platinum Limited Share Option Plan

PGM

Platinum group metals comprising mainly platinum, palladium, rhodium and gold

PAR

Pan African Resources Plc

Phoenix

Phoenix Platinum Mining Proprietary Limited, renamed Sylvania Lesedi

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

Programme

Sylvania Platinum Share Buyback Programme

Project Echo

Secondary PGM Milling and Flotation (MF2) program announced in FY2017 to design and install additional new additional fine grinding mills and flotation circuits at Millsell, Doornbosch, Tweefontein and Mooinooi.

Revenue (by products)

Revenue earned on Ruthenium, Iridium, Nickel and Copper

RoM

Run of mine

SDO

Sylvania dump operations

Shares

Common shares

Sylvania

Sylvania Platinum Limited, a company incorporated in Bermuda

USD

United States Dollar

WIP

Work in progress

WULA

Water Use Licence Application

UK

United Kingdom of Great Britain and Northern Ireland

ZAR

South African Rand

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