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Tharisa PLC

Tharisa PLC acquires stake in a 'once in a lifetime opportunity' in Zimbabwe

Michael Jones, chief financial officer at Tharisa PLC (LON:THS), discusses with Proactive their acquisition of a stake in Karo Mining Holdings Limited, a company with interests in both platinum and coal mining in Zimbabwe.

The move gives Tharisa access to an area in the Great Dyke covering 23,903 hectares and estimated to contain a PGM resource of around 96 Moz (on a 4E basis).

Quick facts: Tharisa PLC

Price: £1.15

Market: LSE
Market Cap: £303.61 m
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Tharisa makes move into Zimbabwe with Salene Chrome acquisition

Phoevos Pouroulis, chief executive of Tharisa PLC (LON:THS), tells Proactive's Andrew Scott they've made a first move into Zimbabwe with the acquisition of 90% of Salene Chrome, located on the country’s Great Dyke platinum belt. Salene has three special grants covering an area of...

on 17/5/18

2 min read