Business
Response to South Africa's COVID-19 measures
Response to South Africa's COVID-19 measures.
About this update from Sylvania Platinum Ltd.
[{"type":"text","content":"\n \n \n RNS Number : 4077H\n Sylvania Platinum Limited\n 24 March 2020\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n _____________________________________________________________________________________________________________________________\n \n \n \n \n \n Sylvania Platinum Limited \n \n \n \n \n \n (\"Sylvania\" or \"the Company\")\n \n \n \n \n \n AIM (SLP)\n \n \n \n \n \n \n \n \n \n \n \n 24 March 2020\n \n \n \n \n \n Response to South Africa's COVID-19 measures\n \n \n \n \n \n \n \n \n In response to the statement by the South African President, Cyril Ramaphosa, on Monday 23 March 2020 announcing that South Africa (\"SA\") will be placed on a 21-day nation-wide lockdown from midnight on 26 March 2020, the Board provides the following update to its shareholders.\n \n \n \n \n \n The implication of this announcement is that all mining operations in SA will be impacted during the lockdown. As a consequence, the Sylvania Dump Operations (\"SDO\") are also required to be placed on care and maintenance, resulting in no PGM ounce production during the lockdown period. The SDO have commenced with shutdown planning and will slow down operations from 25 March 2020 in order to facilitate safe closure. Management currently anticipate the shutdown period to be approximately a calendar month based on associated logistics around shutting down and restarting mining and processing operations. All employees are mandated to remain at home for the full 21 days, with the exception of those providing essential services, including private security services ensuring the security of property, plant and equipment. \n \n \n \n \n \n The safety and wellbeing of our employees is our highest priority and from the beginning of the outbreak of COVID-19 in SA, the Company has implemented stringent precautionary measures to safeguard all employees. These included additional cleaning and sanitization programs, the supply of additional detergents and hand sanitisers for employees, as well as continued education on the increased hygiene and awareness requirements during this unprecedented time. \n \n \n \n \n \n The Board wishes to assure shareholders that all possi...