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Tharisa rides high on PGM boom

LSE-listed Tharisa saw its fortunes improve in the June quarter after a tricky start to the year, with chrome output reaching an all-time high and strong PGM production boosted by a further uplift in basket prices, which have broken through the US$3,800/oz mark.

Tharisa rides high on PGM boom Tharisa rides high on PGM boom Tharisa rides high on PGM boom Tharisa rides high on PGM boom Tharisa rides high on PGM boom

Tharisa's flagship PGM and chrome mine in South Africa

PGM (6E) production from the company's flagship Tharisa mine in the western limb of the Bushveld Complex rose 8.9% quarter-on-quarter to 39,000 ounces, with rougher feed grades up 7.8% to 1.52 g/t.