Tharisa Share News (THS)

Tharisa annual profit rises on higher platinum, chrome production

(Alliance News) - Tharisa PLC on Monday reported strong annual profit due to robust platinum group metals production, against the backdrop of macroeconomic challenges.

IN BRIEF: Tharisa delays USD50 million bond issue in Zimbabwe

Tharisa PLC - Cyprus-headquartered platinum miner focusing on southern Africa - Delays its bond to raise USD50 million by a little over a week due to strong demand. The proceeds will be used to part fund the Karo Platinum Project in Zimbabwe. The bond will be listed on the Victoria Falls Stock Exchange. Says its subsidiary Karo Mining Holdings PLC, which will issue the bond, has received "strong" interest from certain institutions in the final internal approval processes for participation. To accommodate these potential investors and to ensure administrative processes are completed, the offer window for the application of notes in the bond has been extended to December 9 from Wednesday.

Tharisa annual earnings set to rise on acquisition, strong production

(Alliance News) - Tharisa PLC on Tuesday said annual earnings got a boost from a recent acquisition and from robust production, which offset lower platinum prices.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Nostrum profits of Brent price; Scottish ups dividend

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

IN BRIEF: Tharisa mechanic dies after accident at open pit mine

Tharisa PLC - Cyprus-headquartered platinum miner focusing on southern Africa - Says a mechanic, Legohu Mothapo, at the Tharisa Minerals mining operation succumbs to injuries on Friday following a "very serious" accident in the open pit on Tuesday last week. "All relevant authorities have been notified since the accident and investigations are continuing," it says.

LONDON BROKER RATINGS: Mondi and Smurfit Kappa raised, DS Smith cut

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Tharisa positive as increases metal production amid global shortages

(Alliance News) - Tharisa PLC said on Tuesday it expects a strong full-year financial performance on the back of an increase in platinum and chrome production.

LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

LONDON BROKER RATINGS: RBC, Goldman, Jefferies review property shares

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Tharisa cuts chrome output forecast despite "commendable" quarter

(Alliance News) - Tharisa PLC on Tuesday reduced its chrome production guidance for its current financial year, despite an increase in third quarter output.

LONDON BROKER RATINGS: Berenberg cuts Rio Tinto and BofA lowers Anto

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Tharisa interim profit boosted by strong commodities, Karo Mining

(Alliance News) - Tharisa PLC on Thursday delivered "another strong" financial performance that was underpinned by high commodity prices and a "significant" contribution from Karo Mining Holdings Ltd.

IN BRIEF: Tharisa guides for surge in first half earnings

Tharisa PLC - Cyprus-based southern Africa-focused platinum miner - Expects earnings in first half to surge thanks to the acquisition of a controlling interest in Karo Mining. For six months to March 31, guides for earnings per share between 32.0 US cents and 33.0 cents, rising from 21.4 cents in the same period a year prior. On a headline basis, EPS is guided between 15.0 cents and 16.0 cents, sliding 27% to 32% from 21.9 cents.

Tharisa retains guidance as second quarter output rises annually

(Alliance News) - Tharisa PLC on Tuesday maintained its production guidance for its current financial year, following a solid increase in output for the second quarter.