Sylvania lowers FY outlook as strikes, stoppages slow output

Aim-listed Sylvania Platinum said on Monday that severe weather conditions, neighbouring mine strike action and safety related stoppages at the Sylvania Dump Operations (SDO) and host mines severely impacted on its year-end production outlook....

Sylvania books profit, reports progress at tailings operations

ASX- and Aim-listed Sylvania Platinum on Wednesday reported a profit of $447 207 for the six months ended December 31, compared with a loss of $2.46-million for the same period in 2010. Revenue was up by 21% to $23.65-million, compared with the...

Sylvania sees 36% growth in half-year output

Platinum-group metals (PGM) producer Sylvania Platinum on Monday reported a 36% half-year production increase at its dump operations in South Africa. Sylvania Dump Operations, which consists of five tailings retreatment operations in the Bushveld...

Sylvania to sell iron-ore assets to focus on platinum production target

Low-cost platinum-group metal (PGM) producer Sylvania Platinum said on Friday it would divest its iron assets, on the northern limb of the Bushveld Complex, to enable the company to focus on reaching its 60 000-oz/y PGM target by June next year....

Aquarius, Sylvania join forces to prove Everest North viability

Platinum companies Sylvania and Aquarius on Friday announced that they would join forces to examine the feasibility of extracting and processing platinum group metals (PGMs) ore in a part of South Africa’s bushveld complex. The companies would...

Sylvania to boost PGM output to 60 000 oz next year

Low-cost platinum-group metal (PGM) producer Sylvania Platinum, which remained on target to achieve 40 000 oz of PGM by the end of June, would increase its production to 60 000 oz in 2012, the ASX- and Aim-listed miner said on Wednesday. Sylvania...

Sylvania to reach full capacity in next financial year – CEO

Aim-listed Sylvania Platinum expects to produce 40 000 oz of platinum-group metals (PGMs) in the financial year, which would end in June, resulting from the ramp-up of its dump operations. CEO Terry McConnachie on Monday said the ramp-up would...

Sylvania plans to take full ownership of SA dumps

Aim- and ASX-listed company Sylvania said on Wednesday that it planned to acquire the 26% balance of the Sylvania dump operations (SDO), through a shares exchange, to take full ownership of the dumps. The SDO operates five platinum plants,...

Sylvania granted water licence for new Lannex tailings dam

Aim- and ASX-listed Sylvania Resources would now start construction of its new Lannex tailings dam, after being granted the required water licence, it reported on Friday. “The delays experienced in obtaining the permissions necessary for the...

Platinum dump miner Sylvania raises capital, secures tailings

Platinum dump retreater Sylvania has raised £10-million pre-expenses for more tailings, equipment and compliance. Sylvania MD Terry McConnachie said the equity raising would enable the company to grow at Grass Valley, Tweefontein and Mooinooi.

Jubilee, Sylvania report positive results from smelting trials

Platinum junior Jubilee Platinum and Sylvania Resources on Monday reported that trials at Jubilee’s ConRoast direct current (DC) arc furnace, in South Africa, had resulted in the smelting of low-grade platinum group-metals (PGMs) concentrate....

Sylvania Resources targets 350 000 oz/y PGM output at Platreef by 2018

Platinum-group metals (PGMs) producer Sylvania Resources on Thursday reported that it would initially undertake a two-phased exploration programme on its recently acquired Platreef properties, focusing on the Southern Platreef property, known as...