News Leader is broadcast daily on BDTV
WATCH: How Tharisa’s low-cost model has paid off
01 December 2017 - 08:48
Tharisa’s low-cost business model of shallow large-scale and open pit projects seems to be paying off. The diversified miner posted a 400% surge in its headline earnings per share (HEPS) for the year to end-November. Revenue was up 59% on higher chrome prices and the minerals group will introduce an interim dividend next year. CEO Phoevos Pouroulis spoke to Business Day TV about the company’s latest results and expands on its 2020 vision for future growth prospects.
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.