Sylvania reaches record production in fourth quarter
29th Jul 2016 12:06
(ShareCast News) - Low-cost platinum group metal processor and developer Sylvania Platinum announced its results for the quarter ended 30 June on Friday, from its production and development operations in the Bushveld region of South Africa. The AIM-traded firm said Sylvania Dump Operations produced
Read moreSolid earnings for Sylvania platinum, but weak ZAR hurting
8th Feb 2016 12:23
(ShareCast News) - Sylvania Platinum was looking at solid earnings in its interim results to 31 December 2015 on Monday, but the weakness of South Africa's currency was hurting its cash reserves. The AIM-traded firm saw group adjusted EBITDA lift 59% to $3.61m (£2.5m). Its Sylvania Dump Operations (
Read moreSector movers: Precious metal miners fall as gold sinks after FOMC
18th Sep 2014 14:11
Heavy falls in the prices of gold and silver saw precious metal miners drop on Thursday after the Federal Reserve lifted its outlook for interest rates. While the Federal Open Market Committee on Wednesday maintained its pledge to keep short-term interest rates near zero for a "considerable time" af
Read moreWife of Beazley CEO sells 200,000 shares
15th May 2014 15:57
The wife of David Horton, the Chief Executive Officer of Beazley, has sold 200,000 shares in the global specialist risk insurance and reinsurance business, thereby reducing his interest to 1.58m shares. Sophie Horton sold the shares at 244.50p a piece, giving the deal a trade value of £489,000.
Read moreAdmiral Chairman reduces interest after wife makes share sale
6th Mar 2014 15:50
The wife of the Chairman of Admiral this week sold 1.2m pounds-worth of shares on the same day the insurance giant cheered with an in-line set of full-year results. The 1,500p-a-share sale reduced Alastair Lyons's interest by 80,000 shares to 312,152. The disposal took advantage of the recent ri
Read moreTate & Lyle exec builds stake on behalf of children
5th Mar 2014 15:59
Javed Ahmed, an Executive Director of Tate & Lyle, added 20,000 shares to his stake in the group, which he registered in the name of his children. The 639.46p-a-share deal took Ahmed's interest to 1.2m shares. He also transferred a total of 55,356 shares to his two children as a gift on the same d
Read moreSylvania Platinum swings to profit despite disruption
23rd Aug 2013 15:28
Sylvania Platinum swung to a full year profit thanks to the sale of its iron ore assets last year. But the AIM-listed platinum group's production fell to 44,255 ounces from 45,735 ounces after its operations, all of which are in South Africa, were disrupted by labour disputes and safety stoppages o
Read moreTuesday broker round-up UPDATE
6th Aug 2013 07:13
Alent: Credit Suisse lowers target price from 430p to 420p keeping an outperform rating. UBS ups target price from 350p to 365p and maintains a neutral rating. Anglo American: Jefferies cuts target price from 1700p to 1650p and maintains a hold recommendation. Aquarius Platinum: RBC Capital shifts
Read moreSylvania Platinum shares dip following operational update
12th Mar 2013 11:58
Shares in AIM-listed Sylvania Platinum dipped on Tuesday morning after the company issued an operational update disclosing the estimated production loss following temporary stoppages earlier this year. Following the temporary stoppages in February and early March, the company said that the estimate
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