Tharisa buoyed by production record and good prices
The platinum and chrome miner maintained its impressive safety record
Company
Tharisa PLC
LON:THS
Tharisa PLC is an integrated resource group critical to the energy transition and decarbonisation of economies. The company incorporates exploration, mining, processing and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers.
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Tharisa hails record quarter at South African mine
For the current year, PGM output will rise to between 165,000-175,000oz and chrome to between 1.75-1.85Mt
Tharisa starts cold commissioning of Vulcan ultra-fine chrome recovery and beneficiation plant
The Bushveld Complex is home to more than 70% of the world’s platinum and chrome resources
Tharisa pledges to slash emissions and produce metals key to greener economies
“The world faces an enormous challenge to decarbonise rapidly and Tharisa will do its part to achieve carbon neutrality by 2050,” said chief executive Phoevos Pouroulis
Berenberg sets 190p price target for Tharisa PLC, following third quarter results
Tharisa produces chrome and platinum group metals in South Africa
Tharisa reports record-breaking quarter
Record mining and processing rates were supported by strong PGM and chrome prices
Tharisa says growth strategy remains on track
Steady improvements in mined and processed tonnes allied to a recovery in metal prices saw Tharisa put in a storming first-half performance
Tharisa sees six-fold leap in earnings per share for half year
Basic earnings per share and headline earnings per share are expected to be between 21 US cents and 22 US cents per share
Tharisa further expands into Zimbabwe with Salene Chrome acquisition
Salene Chrome is a development stage, low cost, open pit asset, located in the Great Dyke in Zimbabwe
High PGM prices make Tharisa PLC a cash machine, says Peel Hunt
Tharisa has been building a track record of successful PGM and chrome production from its South African operations
Tharisa ups production, benefits from strong platinum group metals prices
Tharisa has a long track record of successful PGM production from its South African projects
Tharisa on a firm footing as chrome prices harden
Demand for platinum group metals remains "extremely robust"
Tharisa extends option to acquire 90% shareholding in Salene Chrome Zimbabwe to 31 March 2021
Tharisa benefited from stronger platinum group metals prices at its last set of results
Tharisa confirms another strong quarter for production
"The first quarter provided a solid platform for Tharisa to meet its production guidance for the current financial year," said chief executive Phoevos Pouroulis
Tharisa holds firm as dual product model enables steady development of projects
Tharisa's commodity mix allows for increased exposure to palladium and other PGMs
Tharisa delivers bumper results, supported by strong PGM price and robust production performance
Tharisa expects production to increase during the coming year
Tharisa likely to deliver 300% boost to earnings in results to be released shortly
Tharisa's operations in South Africa have been performing well
Tharisa boasts further growth and resilience
“Our flagship Tharisa Mine delivered significant operational improvements following the investment in our assets," said Phoevos Pouroulis, Tharisa chief executive
Tharisa reports higher quarterly production as PGM sales return to pre-pandemic levels
The company also reintroduced revised production guidance for its 2020 financial year, forecasting 130-135koz and 1.25-1.3mln tonnes of chrome concentrates
Tharisa PLC now operating chrome and PGM mines at full capacity, and enjoying renewed commodity price strength
Tharisa has a plenty of expertise in chrome and PGM production