Sector: Basic Materials
The company is not available at Interactive Brokers
Tharisa plc (JSE:THA) is a European headquartered integrated resource group. It is uniquely positioned incorporating mining, processing, beneficiation, marketing, sales and logistics. Tharisa is a low cost producer of platinum group metals (PGM) and chrome concentrates resulting in two distinct revenue streams from a single resource and costs being shared between the commodities. The Group continues to explore beneficiation opportunities through innovation and technology.
The Group owns and operates the Tharisa Mine which is located on the south-western limb of South Africa's Bushveld Complex.The Tharisa Mine has an estimated open pit life-of-mine of approximately 14 years, and a further estimated underground life of mine of approximately 40 years. The Tharisa Mine’s processing facilities comprise the Genesis Plant and the Voyager Plant, both PGM and chrome concentrators are capable of nameplate processing a total of 400 ktpm of ROM ore.
Strategy
Tharisa’s core strategy is to generate value by becoming a globally significant low-cost producer of strategic commodities. The Group meets global demand for its products through integrated mining, processing, marketing, sales and logistics operations.
The Group’s expansion strategy focuses on growth through value-accretive acquisitions and development of large-scale, low-cost projects that are in, or close to production.
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South Africa`s Tharisa Plc plans to spend $391 million on developing a 194,000 ounce per year platinum group metal (PGM) mine in Zimbabwe, chief executive Phoevos Pouroulis said on Wednesday.
2022-10-12
South African miner Tharisa is seeing strong demand and higher prices for its chrome concentrate shipments to China, despite concerns over the impact of China`s COVID-19 lockdowns, its chief operating officer told Reuters on Thursday.
2022-05-26Power imports are cushioning platinum mining companies against Zimbabwe`s worst blackouts in three years, but gold mines could face production cuts as they continue to rely on an unstable national grid, industry officials said.
2019-05-15JSE:AGL JSE:AMS JSE:IMP JSE:THA JSE:MPT JSE:LEW JSE:ARH JSE:ISA
South African-focused platinum and chrome miner Tharisa reported on Monday record production for the full year ended Sept. 30 and said it would increase output further in 2019, sending its share price higher.
2018-10-08Production
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