Sylvania lifts FY profit amid another year of record production

Platinum group metals (PGMs) processor Sylvania Platinum has posted a net profit of $8.87-million for the year ended June 30, compared with a profit of $3.73-million in the 2016 financial year. The company’s Sylvania Dump Operations (SDO) had achieved a fourth consecutive year of record production, at 70 869 oz, for the 2017 financial year – a 17% increase on the 60 643 oz produced in the 2016 financial year.