Higher rainfall dampens Tharisa’s production
Chrome and PGM miner remains confident about the future as the world moves to green energy
11 January 2023 - 13:20
Chrome and platinum group metals (PGM) miner Tharisa on Wednesday reported lower quarterly output as a result of high rainfall, variable run-of-mine stockpiles and processing of oxidised ore.
PGM output for the three months to end-December fell 5.7% quarter on quarter to 42.7koz while chrome production was down 8% as a result of “unprecedented” rainfall, Tharisa said, adding that total reef mined fell 17.7% to 1,081.5kt and total reef tonnes milled was down slightly to 1,427.4kt...
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