Edition:
India

Tharisa PLC (THAJ.J)

THAJ.J on Johannesburg Stock Exchange

1,778.00ZAc
27 Nov 2020
Change (% chg)

28.00 (+1.60%)
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1,750.00
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Latest Key Developments (Source: Significant Developments)

Tharisa Plc Sees FY Basic EPS And HEPS Between $16 cents And $17 Cents Per Share
Tuesday, 24 Nov 2020 

Nov 24 (Reuters) - Tharisa PLC ::JSE: THA - TRADING STATEMENT – RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2020.THARISA PLC - BASIC EPS AND HEPS FOR TWELVE MONTHS ENDED 30 SEPTEMBER 2020 ARE EXPECTED TO BE BETWEEN US$ 16 CENTS AND US$ 17 CENTS PER SHARE.  Full Article

Tharisa Says Revised FY2020 Production Guidance To 130 Koz To 135 Koz PGMS (6E Basis)
Thursday, 9 Jul 2020 

July 9 (Reuters) - Tharisa PLC ::THARISA PLC - REVISED FY2020 PRODUCTION GUIDANCE OF 130 KOZ TO 135 KOZ PGMS (6E BASIS) AND 1.25 MT TO 1.30 MT OF CHROME CONCENTRATES.THARISA PLC - PGM SALES AND DELIVERIES HAVE RETURNED TO PRE COVID-19 LEVELS.THARISA PLC - REVISED FY2020 PRODUCTION GUIDANCE OF 130 KOZ TO 135 KOZ PGMS (6E BASIS) AND 1.25 MT TO 1.30 MT OF CHROME CONCENTRATES.THARISA PLC - QUARTER CHROME PRODUCTION INCREASED BY 3.6% TO 321.4 KT COMPARED TO PRIOR QUARTER.THARISA PLC - RECORD ROM OUTPUT LEVELS IN MAY 2020 AND JUNE 2020.THARISA PLC - QTRLY REEF TONNES MINED UP 14.2% TO 1 291.3 KT AND TONNES MILLED UP 4.6% TO 1 220.2 KT.THARISA PLC - COMPANY REMAINS STRONGLY CASH GENERATIVE AND FINANCIALLY SOLID.  Full Article

Tharisa Plc Posts HY Basic Earnings Per Share Of US3.6 Cents
Thursday, 21 May 2020 

May 21 (Reuters) - Tharisa PLC ::JSE: THA - REVIEWED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 MARCH 2020.THARISA PLC - HY REVENUE OF US$194.6 MILLION UP 16.0%.THARISA PLC - HY BASIC EARNINGS PER SHARE US 3.6 CENTS.THARISA PLC - HY PGMS RECOVERY AT 82.9% WITH THE PRODUCTION OF 66.5 KOZ ON A 6E BASIS.THARISA PLC - FUNDAMENTALS FOR PLATINUM GROUP METALS REMAIN ROBUST, BELIEVES DEMAND HAS SLOWED.THARISA PLC - DUE TO CURRENT UNCERTAINTY CAUSED BY THE COVID-19 PANDEMIC, NO INTERIM DIVIDEND HAS BEEN PROPOSED FOR PERIOD.THARISA-WEAKER RAND AND LOWER OIL PRICES ENABLE LOWERING, GOOD PGM AND INCREASED CHROME PRICES BODE WELL FOR IMPROVED MARGINS IN H2.THARISA PLC - GUIDANCE FOR YEAR WAS REMAINS SUSPENDED.  Full Article

Tharisa Says To Announce Interim Results On May 21
Wednesday, 20 May 2020 

May 20 (Reuters) - Tharisa PLC ::JSE: THA - INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 MARCH 2020.THARISA - THARISA WILL BE ANNOUNCING ITS INTERIM RESULTS FOR SIX MONTHS ENDED 31 MARCH ON 21 MAY.  Full Article

Tharisa Qtrly PGM Recovery At 83.7% With Production Of 32.1 Koz On A 6E Basis
Thursday, 9 Apr 2020 

April 9 (Reuters) - Tharisa PLC ::SECOND QUARTER PRODUCTION REPORT FOR THE QUARTER ENDED 31 MARCH 2020.QTRLY PLATINUM GROUP METALS ('PGMS') RECOVERY AT 83.7% WITH PRODUCTION OF 32.1 KOZ ON A 6E BASIS.STOCKPILE FINANCING IN PROGRESS.LENDERS PROACTIVELY SUPPORTING BUSINESS.RECEIVED FORCE MAJEURE NOTIFICATIONS FROM ITS PGM CONCENTRATE OFF-TAKERS.ONGOING CAPITAL PROJECTS HAVE BEEN SUSPENDED.QTRLY REEF TONNES MINED 1 131.1 KT AND TONNES MILLED 1 166.9 KT.QTRLY CHROME RECOVERY AT 61.8% WITH CONCENTRATE PRODUCTION OF 310.1 KT.AS A RESULT OF LOCKDOWN, THARISA'S VULCAN PROJECT IS SUSPENDED UNTIL FURTHER NOTICE.GUIDANCE FOR YEAR WILL REMAIN SUSPENDED UNTIL CO IN POSITION TO QUANTIFY IMPACT OF COVID-19 PANDEMIC AND SOUTH AFRICAN LOCKDOWN.  Full Article

Tharisa Says Tharisa PGM Smelter On Care And Maintenance
Friday, 27 Mar 2020 

March 27 (Reuters) - Tharisa PLC ::THARISA PLC - UPDATE ON LOCKDOWN DUE TO COVID-19.THARISA PLC - THARISA HAS RECEIVED FORCE MAJEURE NOTIFICATIONS FROM ITS PLATINUM GROUP METALS (PGM) CONCENTRATE OFFTAKERS.THARISA PLC - THARISA PGM SMELTER IS ON CARE AND MAINTENANCE.THARISA PLC - THARISA HAS DECLARED FORCE MAJEURE ON ITS CONTRACTED CHROME CONCENTRATE SALES AGREEMENTS.  Full Article

Tharisa Suspends Ongoing Projects, Annual Guidance
Tuesday, 24 Mar 2020 

March 24 (Reuters) - Tharisa PLC ::ONGOING PROJECTS WILL BE SUSPENDED..EXISTING CHROME ORE SHIPMENTS WILL CONTINUE AS LONG AS PERMISSIBLE. PGM CONCENTRATES PRODUCED WILL BE DELIVERED PRIOR TO SHUT DOWN..THARISA IS PLANNING TO COMMENCE PRODUCTION WITH EFFECT OF MORNING SHIFT ON FRIDAY, 17 APRIL 2020.THARISA'S GUIDANCE FOR YEAR IS SUSPENDED UNTIL COMPANY IS IN A BETTER POSITION TO QUANTIFY FULL IMPACT OF LOCKDOWN.  Full Article

Tharisa Plc Says Ongoing Projects Will Be Suspended Due To South African Govt Imposed Lockdown
Tuesday, 24 Mar 2020 

March 24 (Reuters) - Tharisa PLC ::THARISA PLC - MINING WILL BE SUSPENDED POST NIGHT SHIFT ON WEDNESDAY.THARISA PLC - PLANTS WILL BE PLACED ON CARE AND MAINTENANCE ON THURSDAY.THARISA PLC - MINING WILL BE SUSPENDED POST NIGHT SHIFT ON WEDNESDAY, 25 MARCH 2020.THARISA PLC - PLANTS WILL BE PLACED ON CARE AND MAINTENANCE ON THURSDAY, 26 MARCH 2020..THARISA PLC - EXISTING CHROME ORE SHIPMENTS WILL CONTINUE AS LONG AS PERMISSIBLE.THARISA PLC - EXISTING CHROME ORE SHIPMENTS WILL CONTINUE AS LONG AS PERMISSIBLE..THARISA PLC - PGM CONCENTRATES PRODUCED WILL BE DELIVERED PRIOR TO SHUT DOWN..THARISA PLC - ONGOING PROJECTS WILL BE SUSPENDED.THARISA PLC - ONGOING PROJECTS WILL BE SUSPENDED..THARISA PLC - THARISA IS PLANNING TO COMMENCE PRODUCTION WITH EFFECT OF MORNING SHIFT ON FRIDAY, 17 APRIL.THARISA PLC - THARISA'S GUIDANCE FOR YEAR IS SUSPENDED UNTIL COMPANY IS IN A BETTER POSITION TO QUANTIFY FULL IMPACT OF LOCKDOWN.  Full Article

FIL Ltd Discloses 10.11% Stake In Tharisa As At Feb. 14 Versus Prior Stake Of 5.21%
Wednesday, 19 Feb 2020 

Feb 19 (Reuters) - :FIL LTD DISCLOSES 10.11% STAKE IN THARISA PLC AS AT FEB. 14 VERSUS PRIOR STAKE OF 5.21% - FILING.  Full Article

Tharisa Reports Stable Qtr Despite Adverse Weather Impact & Eskom Power Cuts
Friday, 10 Jan 2020 

Jan 10 (Reuters) - Tharisa Plc ::FIRST QUARTER PRODUCTION REPORT FOR THE QUARTER ENDED 31 DECEMBER 2019.QTRLY REEF TONNES MINED 1 143.0 KT AND TONNES MILLED 1 247.1 KT.QTRLY PLATINUM GROUP METALS RECOVERY AT 82.2% WITH PRODUCTION OF 34.4 KOZ ON A 6E BASIS.QTRLY CHROME RECOVERY AT 63.1% WITH CONCENTRATE PRODUCTION OF 342.5 KT.QTRLY AVERAGE CHROME PRICE RECEIVED FOR QUARTER WAS US$145/T.RECORD PGM METAL BASKET PRICE FOR QUARTER AT US$1 406/OZ, AND INCREASE OF 16.1% OVER QUARTER.EXPECTATIONS FOR CHROME CONCENTRATE PRICES TO REMAIN AT THESE LEVELS DURING CURRENT QUARTER, WITH SOME POTENTIAL FOR IMPROVEMENT INTO Q3.FY2020 PRODUCTION GUIDANCE REMAINS AT 155 KOZ TO 165 KOZ PGMS (6E BASIS) AND 1.45 MT TO 1.55 MT OF CHROME CONCENTRATES.UNPRECEDENTED INCLEMENT WEATHER AND ELECTRICITY LOAD SHEDDING BY ESKOM IMPACTED PRODUCTION.STAND BY POWER GENERATING CAPACITY MITIGATED IMPACT OF ESKOM LOADSHEDDING ON PROCESSING PLANTS.STABLE QUARTER DESPITE ADVERSE IMPACT OF WEATHER AND ESKOM POWER SHORTAGES.  Full Article

Russia-Zimbabwe platinum JV to secure phase 1 funding by end of year

HARARE, Sept 1 Russian-Zimbabwean platinum venture Great Dyke Investments (GDI) expects to raise up to $500 million in funding it needs for the first phase of its mining project by the end of this year after the coronavirus delayed talks with lenders, its CEO said on Tuesday.