{"id":1180921,"date":"2020-04-28T05:46:00","date_gmt":"2020-04-28T10:46:00","guid":{"rendered":"http:\/\/juniorminingnews.com\/?guid=4ad23a9e8df13e1dff5f85ffc19b01ae"},"modified":"2020-04-28T07:02:51","modified_gmt":"2020-04-28T12:02:51","slug":"sylvanias-net-profit-rises-on-higher-output-prices","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1180921","title":{"rendered":"Sylvania&#8217;s net profit rises on higher output, prices"},"content":{"rendered":"<p>Debtless platinum group metals (PGMs) miner Sylvania Platinum achieved a 56% quarter-on-quarter increase in net revenue increased to $43.6-million for the quarter ended March 31, the third quarter of its financial year, buoyed by increased production and a 9% increase in the PGMs dollar basket price.<\/p>\n<p>The miner recorded a net profit of $25.4-million for the quarter \u2013 a 123% increase quarter-on-quarter, thereby resulting in the group\u2019s earnings before interest, taxes, depreciation and amortisation increasing by 83% to $32-million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debtless platinum group metals (PGMs) miner Sylvania Platinum achieved a 56% quarter-on-quarter increase in net revenue increased to $43.6-million for the quarter ended March 31, the third quarter of its financial year, buoyed by increased production 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