Sylvania Platinum Ltd (ASX:SLP,LSE:SLP) announced its results for the fourth quarter ended 30 June 2012 from its platinum group metal operations in South Africa.
As quoted in the press release:
- Record monthly production of 5,477 ounces in June 2012 (a 25% increase over the previous best month of 4,393 ounces in December 2011);
- EBITDA at Sylvania Dump Operations (“SDO”) remains positive for fourth quarter to 30 June 2012, despite the 18% drop in the basket price vs. previous quarter;
- Production increased 56% to 12,255 ounces in Q4 from 7,858 ounces in Q3