Simon Thompson 

Playing the commodity complex

Simon Thompson

Simon Thompson

Sylvania Platinum (SLP:21p) a fast-growing and low-cost South African producer and developer of the platinum group metals (PGMs) platinum, palladium and rhodium, has delivered a robust set of first-half results despite facing some one-off production issues that led to a modest increase in output to 34,045 oz in the six-month trading period. These have been addressed, and the directors are confident of achieving production of 73,000 to 76,000 oz in the 12 months to end June 2019, markedly higher than last year’s record output of 71,000 oz, and supportive of a sixth consecutive year of production growth. 

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