Sylvania delivers ‘significantly better’ third quarter, despite challenges

After a challenging second fiscal quarter, Aim-listed Sylvania Platinum’s Sylvania Dump Operations performed “significantly better” and delivered 16 256 oz of platinum group metals (PGMs) – a 9% quarter-on-quarter increase – in the quarter ended March 31. The increased production was owing to a combination of a 7% improvement in PGM feed tons and a 3% improvement in recovery efficiencies, while the PGM feed grades were similar to the previous period, the company said in a statement issued on Monday.