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 […]