The Markets Ledger

US$300 million bond takes Tharisa to next step

Until Northam Platinum unveiled plans last month to grow production by 50%, its smaller counterpart, Tharisa, was something of a rarity in the platinum group metals (PGM) industry. Tharisa’s Karo Platinum project in Zimbabwe is set to double the group’s PGM production to just under 400,000 ounces a year. Yet, unlike Northam, Tharisa has struggled […]

Strong rand PGM pricing lifts Implats’ full-year refined output, sales

Platinum group metals miner Impala Platinum (Implats) achieved a marginal increase in its platinum, palladium, rhodium, ruthenium, iridium and gold (6E) concentrate production to 3.5-million ounces for the financial year ended June 30, from 3.48-million ounces in the 2025 financial year.