30 November 2007
Company Announcement
Sylvania Production Update
The Directors of Sylvania are pleased to announce that the ramp-up of Platinum Group Metal (“PGM�) production is progressing well at the Millsell and Steelpoort sites. Combined production, which has recently surpassed the 1000 oz per month level, is exceeding management’s internal ramp-up targets. Plant performance is also improving as start-up issues are being systematically resolved.
Commenting on these results, Terry McConnachie (CEO) said “this is a great start to the project and this gives significant support to our target to exceed our base case forecast after all four of our new processing complexes are completed in Q4 calendar 2008. This is testament to the management, operating and engineering teams whose efforts in meeting the various challenges to date have been outstanding and I commend them for their efforts and achievements.�
For further information please contact:
In South Africa
Terence McConnachie
CEO
Sylvania Resources Limited
(+27 11) 803 7214
In Australia
Mike Langoulant
Company Secretary
Sylvania Resources Limited
(+618) 9481 8711
- Forums
- ASX - By Stock
- SLV
- exceeding production ramp up targets
exceeding production ramp up targets
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SLV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online