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Tharisa ( (GB:THS) ) just unveiled an announcement.
Tharisa has announced a phased transition to underground mining at its Tharisa Mine, aiming to enhance operational efficiency and sustainability. This transition is expected to extend the mine’s life beyond 50 years, maintaining production capacity and offering growth opportunities. The development will be financed through internal cash and external funding, with a focus on reducing environmental impact and increasing long-term value creation.
The most recent analyst rating on (GB:THS) stock is a Buy with a £1.00 price target. To see the full list of analyst forecasts on Tharisa stock, see the GB:THS Stock Forecast page.
More about Tharisa
Tharisa is an integrated resource group involved in exploration, mining, processing, and the marketing of PGMs and chrome concentrates. The company is critical to the energy transition and decarbonisation of economies, leveraging innovation and technology. Its main asset is the Tharisa Mine in South Africa, and it is also developing the Karo Platinum Project in Zimbabwe. Tharisa is listed on the Johannesburg and London stock exchanges.
Average Trading Volume: 320,564
Technical Sentiment Signal: Buy
Current Market Cap: £313.4M
Find detailed analytics on THS stock on TipRanks’ Stock Analysis page.
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