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Tharisa PLC

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 approximately 95sq km on the eastern side of the Great Dyke, which entitles it to mine illuvial chrome at surface.

Quick facts: Tharisa PLC

Price: £1.16

Market: LSE
Market Cap: £306.27 m
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Tharisa PLC books good cash and profit despite 'tough' first half

Phoevos Pouroulis, chief executive of Tharisa PLC (LON:THS), tells Proactive London's Andrew Scott that while the first half of the company's financial year presented a few challenges with lower chrome prices and reduced sales he's confident of a strong operational performance for the...

on 15/5/19

2 min read

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