In the wake of separating its assets from former parent company Anglo American, platinum group metals (PGMs) mining company ...
South Africa's Tharisa Plc announced plans on Friday to spend $547 million on an underground platinum group metals mining project over the next decade, betting on the metals being integral to the ...
Mining Technology on MSN
Tharisa to invest $547m in underground platinum project in South Africa
The company plans to shift its declining open-pit PGM and chrome co-producing Tharisa mine to underground mining within the next decade.
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THARISA has set an ambitious target for platinum production just as the price of the metal surges to a 12-year high.
Project Owner/s Karo Platinum, which is jointly owned by the government of Zimbabwe and Karo Mining Holdings. Tharisa is a 70% shareholder in Karo Mining, which, in turn, indirectly owns 85% of the ...
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IT was once common to describe the platinum price in terms of gold, the so-called gold-platinum ratio. Then came the global ...
Platinum prices on the Shanghai Gold Exchange jumped to a premium of more than 10% to global benchmark on Monday.
Gold prices dropped in their biggest decline since 2013, a day after notching new record highs. Silver futures, which ended ...
11 shaft at the Rustenburg platinum mine where 11 miners were killed and 75 injured when an elevator fell 180 metres - Copyright AFP/File Allison Joyce 11 shaft at ...
JOHANNESBURG — An elevator suddenly dropped around 656 feet while carrying workers to the surface in a platinum mine in South Africa, killing 11 and injuring 75 — 14 of them critically, the mine ...
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