We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Chrome and platinum group metals (PGM) miner Tharisa has cut its interim dividend by a quarter, weighed down by higher operational costs and weaker PGM prices, while also warning of tougher times ahead as global growth slows and rates rise.

Like its peers, the miner is facing a cost surge that includes a doubling for freight and explosives, COO Michelle Taylor told Business Day, but the group is still encouraged by buoyant metal prices, and intends to press ahead with expansion plans that could see PGM production double over the next two years...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now