Wednesday 17 June 2015

Otmane El Rhazi : Tharisa shares up on platinum/chrome miner’s profitability turnaround

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

The share price of the JSE-listed Tharisa plc rose strongly in Johannesburg on Wednesday on the platinum group metals (PGMs) and chromium concentrates miner’s profitability turnaround. The share price of the Cyprus-domiciled but South Africa-focused company, which increased PGMs production by 49.5% to 57 400 oz in the six months to March 31, soared 12.7% in early trade to R7.10 a share.

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