Platinum

Eastern Platinum Limited (TSX:ELR,LSE:ELR,JSE:EPS) announced financial results for the three months ended September 30, 2012.

Eastern Platinum Limited (TSX:ELR,LSE:ELR,JSE:EPS) announced financial results for the three months ended September 30, 2012.

As quoted in the press release:

Summary of results for the three months ended September 30, 2012:

  • Eastplats recorded a loss attributable to equity shareholders of the Company of $5,029,000 ($0.01 loss per share) in the quarter ended September 30, 2012 (“Q3 2012″) compared to earnings of $1,364,000 ($0.00 per share) in the quarter ended September 30, 2011 (“Q3 2011″).
  • Adjusted EBITDA was negative $2,873,000 in Q3 2012 compared to $2,912,000 in Q3 2011.
  • PGM ounces sold decreased 21% to 21,273 ounces in Q3 2012 compared to 26,955 PGM ounces in Q3 2011.

Click here to read the Eastern Platinum Limited (TSX:ELR) press release.  

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