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Tharisa ( (GB:THS) ) has issued an announcement.
Tharisa has released an Independent Competent Persons’ Report for its Karo Platinum Project in Zimbabwe, which is a significant PGM asset under construction. The report complies with the JSE’s regulations and the SAMREC and SAMVAL Codes, providing a detailed valuation of the project’s mineral resources and reserves. The development of the project includes the construction of four open pits and a processing facility, with all necessary licenses and permits secured, indicating no major risks in permitting. This development strengthens Tharisa’s position in the PGM industry and aligns with its strategic goals of energy transition and decarbonization.
More about Tharisa
Tharisa is an integrated resource group involved in the exploration, mining, processing, and marketing of PGMs and chrome concentrates. The company is focused on the energy transition and decarbonization of economies, with its principal asset being the Tharisa Mine in South Africa. Tharisa is also developing the Karo Platinum Project in Zimbabwe and is committed to reducing its carbon footprint by 30% by 2030, aiming for net carbon neutrality by 2050.
YTD Price Performance: -15.16%
Average Trading Volume: 166,245
Technical Sentiment Signal: Strong Buy
Current Market Cap: £164.1M
For an in-depth examination of THS stock, go to TipRanks’ Stock Analysis page.