TIDMSLP

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/    sylvania@almapr.co.uk 
  Faye Calow 
 

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

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 PGM ounces include the precious metal elements Platinum, 
 4E PGMs                  Palladium, Rhodium and Gold 
                         6E ounces include the 4E elements plus additional Iridium 
 6E PGMs                  and Ruthenium 
                        --------------------------------------------------------------------- 
 AGM                     Annual General Meeting 
                        --------------------------------------------------------------------- 
 AIM                     Alternative Investment Market of the London Stock Exchange 
                        --------------------------------------------------------------------- 
 All-in sustaining       Production costs plus all costs relating to sustaining current 
  cost                    production and sustaining capital expenditure. 
                        --------------------------------------------------------------------- 
                         All-in sustaining cost plus non-sustaining and expansion 
 All-in cost              capital expenditure 
                        --------------------------------------------------------------------- 
 ASX                     Australian Securities Exchange 
                        --------------------------------------------------------------------- 
                         Fresh chrome tails from current operating host mines processing 
 Current risings          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 
                        --------------------------------------------------------------------- 
                         Phoenix Platinum Mining Proprietary Limited, renamed Sylvania 
 Lesedi                   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 
                        --------------------------------------------------------------------- 
                         Platinum group metals comprising mainly platinum, palladium, 
 PGM                      rhodium and gold 
                        --------------------------------------------------------------------- 
 PAR                     Pan African Resources Plc 
                        --------------------------------------------------------------------- 
                         Phoenix Platinum Mining Proprietary Limited, renamed Sylvania 
 Phoenix                  Lesedi 
                        --------------------------------------------------------------------- 
 Pipeline ounces         6E ounces delivered but not invoiced 
                        --------------------------------------------------------------------- 
                         Revenue recognised for ounces delivered, but not yet invoiced 
 Pipeline revenue         based on contractual timelines 
                        --------------------------------------------------------------------- 
 Pipeline sales          Adjustments to pipeline revenues based on the basket price 
  adjustment              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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END

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September 06, 2021 02:10 ET (06:10 GMT)

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