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01-Nov-2018
(Official Notice)
Tharisa, the dual-listed platinum group metals and chrome co-producer, is pleased to announce the appointment of Joh. Berenberg, Gossler - Co. KG (?Berenberg?) as the Company's Joint Corporate Broker with immediate effect. Berenberg will work alongside the Company's existing UK Joint Corporate Brokers, Peel Hunt LLP and BMO Capital Markets Limited.

08-Oct-2018
(Official Notice)
18-Sep-2018
(Official Notice)
21-Aug-2018
(Official Notice)
Tharisa hereby provides an update to shareholders with respect to the acquisition of a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Ltd. at the par value thereof from Leto Settlement, a related party, (announced on 16 May 2018) and its announcement that the circular to shareholders would be mailed by 16 August 2018.



Since the original announcements were made, the parties to the agreement have continued discussions as to the optimisation of certain aspects of the transaction structure. Tharisa envisages that the successful outcome of these discussions will result in the economic benefits of the transaction to Tharisa being substantially the same. Tharisa is engaging with the Johannesburg Stock Exchange regarding the relevant regulatory requirements.



Accordingly, no circular has been mailed to shareholders thus far and a further announcement in this regard will be made as soon as practicable.
18-Jul-2018
(Official Notice)
Shareholders are referred to the announcement published on 16 May 2018, wherein Tharisa advised that it had acquired a 90% shareholding in Salene Chrome Zimbabwe (Pvt) Ltd. at the par value thereof from Leto Settlement, a related party being the beneficial shareholder of Medway Developments Ltd., a material shareholder in Tharisa.



Shareholders are advised that Tharisa is in the process of preparing the circular regarding the acquisition including a notice of a general meeting at which shareholders will consider and vote on the acquisition.



Tharisa has applied for, and the JSE has granted, an extension of the 60 day rule pursuant to paragraph 9.20(b) of the JSE Listings Requirements to mail the circular to shareholders by 16 August 2018.
09-Jul-2018
(Official Notice)
Highlights for the three months ended 30 June 2018

* Tharisa Minerals achieves 2 million fatality free shifts from processing activities

* Record PGM recoveries at 85.6%, continue to exceed targeted recoveries of 80.0%

* Record PGM production of 39.5 koz, up 3.4% quarter on quarter

* Record chrome recoveries at 67.8%, exceeding targeted recovery of 65.0%

* Record total chrome concentrate production of 376.3 kt, up 2.6% quarter on quarter

* Record specialty grade chrome concentrate production at 95.2 kt, 25.3% of total chrome concentrate production

* Record production at the Lonmin K3 chrome plant of 59.6 kt, up 11.6% quarter on quarter

* Acquisition of interests providing low cost entry into highly prospective properties in Zimbabwe
28-Jun-2018
(Official Notice)
Tharisa announced that application has been made to the Johannesburg Stock Exchange (JSE), UK Listing Authority (UKLA) and the London Stock Exchange (LSE) for the listing and admission of 4 000 000 new ordinary shares to the official list and to trading on the main market of the JSE and the LSE. Admission of the shares is expected to occur on 29 June 2018. All of these shares are being reserved under a new block listing and will be issued to satisfy the Company?s obligations in terms of the Tharisa Share Award Plan (TSAP).



Following admission, Tharisa will have 265 000 000 ordinary shares in issue, of which 260 240 839 will have voting rights. Following this issue, Tharisa will hold 4 759 161 shares in treasury to satisfy the Company?s obligations upon vesting of the Conditional Awards of the TSAP on 30 June 2018 and to make provision for the potential requirement to allot shares on participants in the TSAP exercising vested Appreciation Rights.



Therefore, the total of 260 240 839 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Tharisa under the FCA's Disclosure and Transparency Rules.
13-Jun-2018
(Official Notice)
17-May-2018
(Official Notice)
16-May-2018
(Official Notice)
16-May-2018
(C)
Revenue for the interim period rose to USD199.2 million (USD175.1 million) whilst gross profit lowered to USD55.7 million (USD82.4 million). Results from operating activities tumbled to USD37.4 million (USD69.9 million). Profit for the period attributable to owners dipped to USD26.0 million (USD41.9 million). Furthermore, headline earnings per share decreased to USD10 cents per share (USD16 cents per share).



Interim dividend

In accordance with its dividend policy of distributing at least 15% of annual net profit after tax and following the introduction of an interim dividend, the board has declared its first interim cash dividend of USD2 cents per ordinary share. The interim dividend will be paid on Wednesday, 20 June 2018.



Company outlook

Tharisa's business model is robust with the business cash generative throughout the commodity cycle. The declaration of a maiden interim dividend is testament to the maturing of the business and is evidence of the capital discipline employed by the Group.



The Group expects continued strong operational performance for the remainder of the year with a focus on increasing its production through the continual improvement processes and delivery of the first of its Vision 2020 optimisation projects.



The benefits of the owner mining operational model should become evident in the second half of the financial year and Tharisa is on track to achieve its FY2018 guidance of 150 koz PGMs and 1.4 Mt chrome concentrates, of which 350 kt will be specialty grade. The Vision 2020 projects aim to take production to 200 kozpa of PGMs and 2 Mtpa of chrome concentrates by 2020.
14-May-2018
(Official Notice)
Tharisa advised that the interim results for the six months ended 31 March 2018 will be announced on Wednesday, 16 May 2018. The announcement will be issued on SENS and RNS at 08:00 (Johannesburg UTC +2) / 07:00 (London UTC +1) and a media release will follow shortly thereafter. The reviewed interim condensed consolidated interim financial statements and management commentary will be available for download in the Investor Relations section of the Tharisa website at www.tharisa.com.



A results presentation will be held in London at 10:00 (London UTC+1) / 11:00 (Johannesburg UTC +2) at the offices of Buchanan, 107 Cheapside, London EC2V 6DN. A live webcast of the results presentation will be available on the Tharisa website and on the following link: http://vm.buchanan.uk.com/2018/tharisa170518/registration.htm. The results presentation will be available on the Tharisa website at the same time.



Conference call facilities will also be available to allow participants to listen to the webcast and to participate in Q-A by dialling one of the following numbers shortly before the start of the presentation:

Conference call - Participant telephone numbers

*UK toll free - 08082 370 040; PIN 42170369#

*UK toll - 02034 281 542; PIN 42170369#

*South Africa toll free - 0800 222 290; PIN 42170369#

*South Africa toll - 021 672 4008; PIN 42170369#



A recording of the webcast will be available from 13:00 (London UTC+1) / 14:00 (Johannesburg UTC +2) on the Tharisa website and on the link http://vm.buchanan.uk.com/2018/tharisa170518/registration.htm.



A playback of the call will also be available for 30 days on the below numbers:

Conference call ? Playback telephone numbers

*UK toll free - 0808 237 0026; Conference number: 696828#

*South Africa toll free - 0800 002 877; Conference number: 696828#
04-May-2018
(Official Notice)
Tharisa is currently preparing its interim financial statements for the half year ended 31 March 2018, with the financial results expected to be released on or about 16 May 2018. Shareholders are advised that with the normalisation of the average contracted metallurgical grade chrome prices from USD278/t in H1 FY2017 to USD193/t in H1 FY2018, the strengthening of the South African Rand against the US Dollar and the planned increase in costs as a result of the transition to owner mining, Tharisa?s basic earnings per share (EPS) and headline earnings per share (HEPS) for the half year ended 31 March 2018 are expected to be between USD9 cents per share and USD11 cents per share. This is a decrease of between 43.75% and 31.25% relative to the EPS and HEPS of USD16 cents per share for the half year ended 31 March 2017.



A production update for the second quarter ended 31 March 2018 was released on the JSE Stock Exchange News Service and LSE Regulatory News Service on 10 April 2018. Production guidance for the financial year ending 30 September 2018 remains at 150 koz of contained PGMs and 1.4 Mt of chrome concentrates. Production in FY2017 was 143.6 koz contained PGMs and 1.3 Mt of chrome concentrates.
02-May-2018
(Official Notice)
Tharisa notified the market that as at 30 April 2018, Tharisa has 261 000 000 issued ordinary shares of USD0.001 each admitted to trading.



During April 2018, Tharisa transferred 18 660 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 260 212 460 shares have voting rights and 787 540 are held in treasury.



The total number of voting rights in Tharisa is therefore 260 212 460. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.
10-Apr-2018
(Official Notice)
03-Apr-2018
(Official Notice)
In compliance with the FCA?s Disclosure and Transparency Rule 5.6.1, Tharisa hereby notifies the market that as at 31 March 2018, Tharisa has 261 000 000 issued ordinary shares of USD0.001 each admitted to trading.



During March 2018, Tharisa transferred 1 334 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 260 193 800 shares have voting rights and 806 200 are held in treasury.



The total number of voting rights in Tharisa is therefore 260 193 800. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.
19-Mar-2018
(Official Notice)
The Tharisa Board of Directors announced that Mr Zhong Liang Hong has been appointed to the Board as a non-executive director with effect from 1 April 2018. Mr Hong represents Fujian Wuhang Stainless Steel Co Ltd. and Hong Kong HeYi Mining Resources Company Ltd., which respectively hold 7.46% and 1.99% of Tharisa?s issued share capital with voting rights as at 1 March 2018.
31-Jan-2018
(Official Notice)
30-Jan-2018
(Official Notice)
Shareholders are advised that executive management will be presenting to the media and analysts on 30 and 31 January 2018 respectively. The presentations will accordingly be published on the Company?s website, www.tharisa.com, at 10:00 SA time on 30 and 31 January 2018 respectively.

23-Jan-2018
(Official Notice)
Further to the announcement made on 11 January 2018, shareholders are advised that the dividend declared will be paid out of income reserves and may therefore be subject to dividend withholding tax depending on the tax residency of the shareholder.



South African tax residents

South African shareholders are advised that the dividend constitutes a foreign dividend. For individual South African tax resident shareholders, dividend withholding tax of 20% will be applied to the gross dividend of 68.2115 South African cents per share. Therefore, the net dividend of 54.5692 South African cents per share will be paid after 13.6423 South African cents in terms of dividend withholding tax has been applied. Shareholders who are South African tax resident companies are exempt from dividend tax and will receive the dividend of 68.2115 South African cents per share. This does not constitute legal or tax advice and is based on taxation law and practice in South Africa. Shareholders should consult their brokers, financial and/or tax advisors with regard to how they will be impacted by the payment of the dividend.
11-Jan-2018
(Official Notice)
Shareholders are advised that all the resolutions tabled at the Annual General Meeting of shareholders held on Wednesday, 10 January 2018 (in terms of the notice dispatched on Tuesday, 12 December 2017), were passed by the requisite majority. A poll was conducted on each resolution.



Dividend currency conversion rates and timetable

The final dividend of USD5 cents per share having been approved by shareholders, Tharisa advises as follows:



Shareholders on the principal Cyprus register will be paid in USD, shareholders whose shares are held through Central Securities Depositary Participants (CSDPs) and brokers and are traded on the JSE will be paid in South African Rand (ZAR) and holders of Depositary Interests traded on the LSE will be paid in Sterling (GBP). The dividend will be paid from income reserves. The currency equivalents of the dividend, based on the weighted average of the South African Reserve Bank?s daily rate at approximately 10:30 (UTC +2) on 30 November 2017, being the currency conversion date, are as follows:

Exchange rate - Dividend per share in payment currency

* South Africa - JSE ZAR 13.6423/USD - 68.2115 South African cents per share



The timetable for payment of the dividend is as follows:

* Declaration and currency conversion date : Thursday, 30 November 2017

* Currency conversion rates announced : Thursday, 11 January 2018

* Last day to trade cum-dividend rights on the JSE : Tuesday, 30 January 2018

* Shares will trade ex-dividend rights on the JSE from Wednesday, 31 January 2018

* Record date for payment on both JSE and LSE : Friday, 2 February 2018

* Dividend payment date : Wednesday, 14 February 2018



No dematerialisation or rematerialisation of shares within Strate will be permitted between Wednesday, 31 January 2018 and Friday, 2 February 2018, both days inclusive. No transfers between registers will be permitted between Thursday, 11 January 2018 and Friday, 2 February 2018, both days inclusive.
10-Jan-2018
(Official Notice)
02-Jan-2018
(Official Notice)
In compliance with the FCA?s Disclosure and Transparency Rule 5.6.1, Tharisa hereby notifies the market that as at 31 December 2017, Tharisa has 261 000 000 issued ordinary shares of US$0.001 each admitted to trading.



During December 2017, Tharisa transferred 31 413 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 260 191 020 shares have voting rights and 808 980 are held in treasury. The total number of voting rights in Tharisa is therefore 260 191 020. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.
12-Dec-2017
(Official Notice)
Shareholders are advised that the Annual Report for the year ended 30 September 2017, which incorporates the condensed Annual Financial Statements and Notice of the Annual General Meeting (AGM), will be distributed to shareholders and published on the Company?s website www.tharisa.com today. The condensed Annual Financial Statements contain no modifications to the audited results, which were published on 30 November 2017. The Consolidated Annual Financial Statements and the KPMG audit report are available on the Company?s website www.tharisa.com.



Notice is hereby given that the AGM of the Company will be held at 10:00 SA time (UTC +2) on Wednesday, 10 January 2018 at 2nd Floor The Crossing, 372 Main Road, Bryanston, South Africa, to transact business as stated in the Notice of AGM. The Notice of AGM is available on the Company?s website www.tharisa.com.



Important dates

*Record date to receive notice of the AGM - Friday, 1 December 2017

*Last day to trade to be eligible to vote - Tuesday, 2 January 2018

*Record date to be eligible to vote at the AGM - Friday, 5 January 2018

*Last day for lodging Forms of Instruction (by 08:00 UK time) - Friday, 5 January 2018

*Last day for lodging forms of proxy (by 10:00 SA time) - Monday, 8 January 2018

*Annual General Meeting - Wednesday, 10 January 2018
01-Dec-2017
(Official Notice)
In compliance with the FCA?s Disclosure and Transparency Rule 5.6.1, Tharisa hereby notifies the market that as at 30 November 2017, Tharisa has 261 000 000 issued ordinary shares of USD0.001 each admitted to trading.



During November 2017, Tharisa transferred 61 879 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 260 159 607 shares have voting rights and 840 393 are held in treasury.



The total number of voting rights in Tharisa is therefore 260 159 607. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.



30-Nov-2017
(Official Notice)
Tharisa advised that the annual results for the year ended 30 September 2017 will be announced on Thursday, 30 November 2017. The announcement was issued on SENS at 9:00 am (Johannesburg UTC +2) and 7:00 (London UTC) and a media release will follow shortly thereafter. The audited annual financial statements, audit report and news release will be available for download in the Investor Relations section of the Tharisa website at www.tharisa.com. A results presentation will be held in Johannesburg at 10:00 (Johannesburg UTC+2) and 8:00 (London UTC). The results presentation will be webcast live via the Tharisa website. Conference call facilities will also be available.
30-Nov-2017
(C)
Revenue for the year increased to USD349.4 million (2016: USD219.7 million), gross profit more than doubled to USD122.7 million (2016: USD54.5 million), results from operating activities nearly tripled to USD95.9 million (2016: USD32.1 million), while profit for the year attributable to owners of the company soared to USD57.6 million (2016: USD13.8 million). Furthermore, headline earnings per share grew to USD22 cents per share (2016: USD6 cents per share).



Dividend

Based on the improved earnings, the directors are recommending a final dividend for FY2017 of USD5 cents per share, reflecting a material increase on the maiden distribution of USD1 cent declared for FY2016. Furthermore, Tharisa is pleased to notify its shareholders that it plans to improve its dividend policy for FY2018 to a minimum of 15% of consolidated net profit after tax, an increase from the previous stated dividend policy of 10% of consolidated net profit after tax. The Company also intends to introduce an interim dividend for FY2018.



Company outlook

The PGM basket price in US dollar terms has improved on the back of the rally in spot palladium and rhodium prices and with the recovery in chrome concentrate prices, underpinned by demand, the Group?s margins remain robust. The free cash flow for FY2018 and EBITDA margins should grow considerably supported by solid operational performance and a more favourable commodity outlook.



The production outlook for FY2018 is 150 koz of PGMs and 1.4 Mt of chrome concentrates, of which 350 kt will be specialty grade chrome concentrates. Tharisa?s vision for 2020 is to produce 200 koz of PGMs and 2 Mt of chrome concentrate through its expansion plans.



23-Nov-2017
(Official Notice)
Shareholders were advised on 14 November 2017 that with solid operational performance Tharisa?s basic earnings per share (EPS) and headline earnings per share (HEPS) for the year ended 30 September 2017 is expected to be between USD21 cents and USD23 cents per share as compared to FY2016 EPS of USD5 cents and HEPS of USD6 cents a share. Based on the improved earnings, the directors of the Company are recommending a final dividend for FY2017 of USD5 cents per share, reflecting a material increase on the maiden distribution of USD1 cent declared for FY2016. This will be put to shareholders for approval at the AGM to be scheduled for January 2018.



Furthermore, Tharisa notified its shareholders that the dividend policy for FY2018 will be changed to provide for a payout of at least 15% of consolidated net profit after tax, an increase from the previous stated dividend policy of at least 10% of consolidated net profit after tax. The Company also intends to introduce the payment of an interim dividend.



The Company?s dividend policy takes into consideration various factors, including overall market and economic conditions, the Group?s financial position, capital investment plans as well as earnings growth.



Tharisa is currently preparing its financial statements for the financial year ended 30 September 2017, with the financial results expected to be released on or about 30 November 2017.
14-Nov-2017
(Official Notice)
Tharisa is currently preparing its financial statements for the financial year ended 30 September 2017, with the financial results expected to be released on or about 30 November 2017.



Shareholders are advised that with the solid operational performance and the increase in the chrome concentrate price, Tharisa?s basic earnings per share (EPS) and headline earnings per share (HEPS) for the year ended 30 September 2017 are expected to be between USD21 cents per share and USD23 cents per share compared to the EPS of USD5 cents per share and HEPS of USD6 cents per share for the year ended 30 September 2016.



A production update for the fourth quarter of the financial year ended 30 September 2017 was released on the JSE News Service and LSE Regulatory News Service on 10 October 2017. Production guidance for the financial year ending 30 September 2018 is 150 koz of contained platinum group metals (on a 6E basis) and 1.4 Mt of chrome concentrates of which 350 kt will be specialty grade chrome concentrates.



The financial information on which this trading statement is based has not been reviewed and reported on by the Company?s auditors.

01-Nov-2017
(Official Notice)
Tharisa notified the market that as at 31 October 2017, Tharisa has 261 000 000 issued ordinary shares of USD0.001 each admitted to trading.



During October 2017, Tharisa transferred 85 002 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 260 097 728 shares have voting rights and 902 272 are held in treasury.



The total number of voting rights in Tharisa is therefore 260 097 728. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.
10-Oct-2017
(Official Notice)
02-Oct-2017
(Official Notice)
Tharisa hereby notifies the market that as at 30 September 2017, Tharisa has 261 000 000 issued ordinary shares of USD0.001 each admitted to trading.



During September 2017, Tharisa transferred 43 345 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 260 012 726 shares have voting rights and 987 274 are held in treasury.



The total number of voting rights in Tharisa is therefore 260 012 726. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.



22-Sep-2017
(Official Notice)
31-Aug-2017
(Official Notice)
Arxo Metals (Pty) Ltd. (Arxo Metals), a producer of specialised higher margin chemical and foundry grade chrome concentrates and a subsidiary of Tharisa, has entered into an agreement with Western Platinum Ltd., a subsidiary of Lonmin Plc, on the operation of its K3 UG2 chrome plant (K3) and for the marketing and sales of the UG2 chrome concentrate produced. The agreement is effective as of 29 August 2017.



Arxo Metals will unlock greater value for Lonmin from K3 using innovative technology already in use at Tharisa?s operations, where chrome recoveries for the six months to 31 March 2017 improved to 68.4% with a target recovery of 65%. The agreement is in line with Tharisa?s strategic objective of initiating third-party trading, adding approximately 200 kt to chrome sales annually.
31-Aug-2017
(Official Notice)
Arxo Metals (Pty) Ltd. (Arxo Metals), the beneficiation, research and development subsidiary of Tharisa, is commissioning a 1MW DC furnace to produce PGM-rich metal alloys on a pilot scale. The production of PGM-rich metal alloys will further develop Tharisa?s beneficiation capability and thereby the profitability of its PGM segment.



The furnace is scheduled to be commissioned at the end of September 2017 and will take approximately six months to ramp up to a production of PGM-rich metal alloy. This alloy will be smelted by Lonmin Plc as part of a PGM research and development co-operation agreement entered into on 19 July 2017.
24-Aug-2017
(Official Notice)
Tharisa has entered into a strategic co-operation agreement with Shanxi Taigang Wanbang Furnace Charge Co., Ltd., a Taiyuan Iron - Steel (Group) Co., Ltd. (TISCO) joint venture company (JV).



Tharisa will supply the JV with a minimum of 240 ktpa, being approximately 25% of its metallurgical grade chrome concentrate production, at market prices from September 2017 for five years.



Tharisa has historically supplied metallurgical grade chrome concentrates to the JV and has a demonstrated ability to supply the required volume and quality of material on a regular basis, culminating in the strategic co-operation agreement.



TISCO produces approximately 4 Mt of stainless steel a year and through its JV has installed 700 ktpa Outokumpu ferrochrome (FeCr) sintering and pelletising capacity with an annual producing volume of 300 kt FeCr. With the advent of more stringent environmental regulations in China, the ferrochrome industry is switching from open and semi-closed furnaces to more efficient and environmentally friendly technologies.



TISCO typically purchases approximately 1 Mtpa of ferrochrome to feed its steel plants. It also produces approximately 300 ktpa of FeCr from its JV. One of the world?s largest stainless steel producers, TISCO is considering a phase 2 expansion of the Outokumpu FeCr sintering and pelletising plant, which would increase its FeCr production to 450 ktpa and subsequently increase its requirements for metallurgical chrome concentrate.
11-Aug-2017
(Official Notice)
Tharisa announced the fulfilment of further conditions precedent to the acquisition of mining equipment and the transfer of employees from MCC Contracts (Pty) Ltd. Further to the announcement on 6 July 2017, shareholders are advised that the transaction was approved by shareholders of eXtract Group Ltd., the sole shareholder of MCC Contracts (Pty) Ltd., at its general meeting on 10 August 2017.



In addition, the necessary approvals and agreements for the transaction from the senior debt providers to Tharisa Minerals (Pty) Ltd. have been obtained. The remaining conditions precedent are administrative in nature and the effective date for the transaction will be 1 October 2017.
01-Aug-2017
(Official Notice)
In compliance with the FCA?s Disclosure and Transparency Rule 5.6.1, Tharisa announced that following the admission of 4 018 429 ordinary shares to the official list and to trading on the Johannesburg Stock Exchange and the London Stock Exchange on 13 July 2017, Tharisa has 261 000 000 issued ordinary shares of USD0.001 each admitted to trading.



Tharisa has subsequently transferred 2 957 ordinary shares from its treasury shares account to satisfy the exercise of Appreciation Rights by the participants of the Tharisa Share Award Plan. Following these transactions, 259 969 381 of the issued shares have voting rights and 1 030 619 are held in treasury.



The total number of voting rights in Tharisa is therefore 259 969 381. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in Tharisa under the FCA?s Disclosure and Transparency Rules.
12-Jul-2017
(Official Notice)
Tharisa announced that application has been made to the Johannesburg Stock Exchange (JSE), UK Listing Authority (UKLA) and the London Stock Exchange (LSE) for the listing and admission of 4 018 429 new ordinary shares to the official list and to trading on the main market of the JSE and the LSE. Admission of the shares is expected to occur on 13 July 2017. All of these shares are being reserved under a new block listing and will be issued to satisfy the Company?s obligations in terms of the Tharisa Share Award Plan (TSAP).



Following admission, Tharisa will have 261 000 000 ordinary shares in issue, of which 259 966 424 will have voting rights. Following this issue, Tharisa will hold 1 033 576 shares in treasury to make provision for the potential requirement to allot shares in the event of participants in the TSAP exercising vested Appreciation Rights.



Therefore, the total of 259 966 424 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Tharisa under the FCA's Disclosure and Transparency Rules.
10-Jul-2017
(Official Notice)
06-Jul-2017
(Official Notice)
Further to the announcement on 11 May 2017 that Tharisa Minerals (Pty) Ltd. (Tharisa Minerals) had entered into a binding term sheet with MCC Contracts (Pty) Ltd. (MCC) on 10 May 2017 in terms of which Tharisa Minerals will purchase, subject to the fulfilment of certain conditions precedent, certain of MCC?s existing equipment, strategic components, site infrastructure and spare parts, and transfer the employees currently deployed at its Tharisa Mine in South Africa (the Transaction), shareholders are advised that the transaction has been unconditionally approved by the South African Competition Commission.



The effective date of the Transaction will be the date immediately following the fulfilment or waiver, as applicable, of the remaining conditions precedent, or such later date as may be agreed between the parties.
01-Jun-2017
(Official Notice)
Tharisa's board announced that Mr Roger Davey has been appointed to the Board as an independent non-executive director with effect from 1 June 2017.
23-May-2017
(Official Notice)
16-May-2017
(C)
Revenue for the interim period jumped to USD175.1 million (USD86.0 million) and gross profit shot up to USD82.4 million (USD21.1 million). Results from operating activities multiplied to USD69.9 million (USD10.6 million). Profit for the period attributable to owners was higher at USD41.9 million (USD2.9 million). In addition, headline earnings per share expanded to USD16cps (USD1cps).



Company outlook

Tharisa expects continued strong operational performance for the remainder of the year with a focus on improving the ROM chrome feed grades and continued improvement in recoveries for both PGM and chrome concentrates. Tharisa remains on track to achieve production of 147.4 koz of PGMs (on a 5PGE+Au basis) and 1.3 Mt of chrome concentrates of which 0.3 Mt are specialty grade chrome concentrates for FY2017.



These interim results reinforce the Group's sustainable competitive advantage of being a profitable co-producer of PGM and chrome concentrates from a large-scale, long life open pit operation. Having de-risked the business operationally and being firmly positioned in the lowest cost quartile has allowed the Group to maximise the benefit from buoyant commodity prices. The current volatility within the chrome market is placing downward pressure on prices, however, Tharisa is competitively positioned to be profitable throughout the cycle.



The planned transition to an owner mining model presents a unique beneficial opportunity to Tharisa with its large-scale open pit operation having an open pit life of 18 years.
16-May-2017
(Official Notice)
Tharisa will host a presentation at 9:30am GMT on 16 May 2017 at the offices of Buchanan, 107 Cheapside, London EC2V 6DN. A live webcast of the presentation will be available on Tharisa?s website (www.tharisa.com) and on the following link: http://vm.buchanan.uk.com/2017/tharisa160517/registration.htm



The interim results containing management commentary and the presentation slides will be available on the group?s website for download at the same time.



A conference call line will also be available to allow participants to listen to the webcast as well as participate in Q-A by dialling one of the following numbers shortly before the start of the presentation:

From the UK (toll free): 08082370040

From South Africa (toll free): 0800 222 290

From South Africa (toll): 021 672 4008

From Hong Kong (toll free): 800 903 645

From the rest of the world: + 44 2034281542

Participant passcode: 26461365#

A recording of the webcast will be available from 1:00pm GMT on 16 May 2017 on the website and on the link above.



A playback of the call will also be available on the below numbers:

International: 020 3426 2807

UK Toll-Free Number: 0808 237 0026

Passcode: 687122#
11-May-2017
(Official Notice)
02-May-2017
(Official Notice)
Tharisa is currently preparing its interim financial statements for the half year ended 31 March 2017, with the financial results expected to be released on or about 16 May 2017. Shareholders are advised that with the significant recovery in commodity prices and in particular chrome prices during the period under review, Tharisa?s basic earnings per share (EPS) and headline earnings per share (HEPS) for the half year ended 31 March 2017 are expected to be between USD15 cents per share and USD17 cents per share relative to the EPS and HEPS of USD1 cent per share for the half year ended 31 March 2016.



A production update for the second quarter ended 31 March 2017 was released on the JSE Stock Exchange News Service and LSE Regulatory News Service on 10 April 2017. Production guidance for the financial year ending 30 September 2017 remains at 147.4 koz of contained platinum group metals (on a 6E basis) and 1.3 Mt of chrome concentrates of which 300 kt will be specialty grade chrome concentrates.



The financial information on which this trading statement is based has not been reviewed and reported on by the company?s auditors.







10-Apr-2017
(Official Notice)
Highlights for the three months ended 31 March 2017

* Reef mined of 1 219.2 kt continues to exceed the required run rate of 4.8 Mtpa on an annualised basis

* PGM production of 34.3 koz and chrome concentrate production of 314.6 kt

* Specialty chrome production of 75.4 kt, 24.0% of total chrome production

* PGM recoveries at 76.2% and chrome recoveries at 62.5%

* Average per ounce PGM basket price of USD783, USD43 an ounce higher quarter-on-quarter

* Average contracted metallurgical chrome prices at USD338/t, up 35.2% quarter-on-quarter
04-Apr-2017
(Official Notice)
Tharisa, a profitable low cost producer of PGMs and chrome, owns a large scale open pit operation with an open pit life of 18 years and a further 40 years of underground mine extension. With the long life of the open pit Tharisa has been evaluating the benefits of transitioning from contract mining to an owner mining model at its Tharisa Mine in South Africa.



Tharisa currently contracts its mining operations to MCC Contracts (Pty) Ltd. (MCC). MCC?s parent company Extract has announced a strategic decision to align its capital allocations with the current mining environment and to review its business model. As a result, Tharisa has the opportunity to purchase MCC?s existing on-site plant and equipment, as well as employ skilled employees currently in service at the Tharisa Mine.



Tharisa has accordingly engaged with MCC in an orderly manner, to purchase a requisite portion of the existing mining fleet as a going concern. Tharisa, in the normal course of managing its mining operations, has developed engineering and geological skills that are integral to in-house mining, and the successful conclusion of this process will ensure that the Tharisa Mine transitions to an owner mining model without interruption.



The company believes that with the long life of the open pit, the transition to an owner mining model is a logical progression in its development. The change in the operating model is expected to have both cost and operational benefits as well as providing financial flexibility, thereby cementing Tharisa?s low-cost high margin position. Further details on this transaction will be published in due course.



Tharisa will be releasing its production update for the second quarter and first half of its 2017 financial year on Monday, 10 April, 2017.
13-Feb-2017
(Official Notice)
Tharisa announced that, further to its ongoing regulatory requirements, it has released its Report on Payments to Governments for the financial year ended 30 September 2016. The report details payments made to governments by Tharisa and its subsidiaries and has been submitted to the Cyprus Securities and Exchange Commission, the National Storage Mechanism of the Cyprus Stock Exchange as well as the Registrar of Companies on 10 February 2017. The report is available on the company's website www.tharisa.com.



A copy of this report will be submitted to the UK Storage Mechanism. The report will thereafter be available for inspection on the National Storage Mechanism http://www.morningstar.co.uk/uk/NSM.
02-Feb-2017
(Official Notice)
Shareholders are advised that all the resolutions tabled at the Annual General Meeting of shareholders held on Wednesday, 1 February 2017 (in terms of the notice dispatched on Thursday, 22 December 2016), were passed by the requisite majority. A poll was conducted on each resolution.



Retirement and appointment of non-executive directors

In compliance with Section 3.59 of the Listings Requirements of the JSE Limited, the Tharisa Board of Directors (the Board) hereby notifies its shareholders of the following changes to the Board:

*As per the Notice of Annual General Meeting, Mr Brian Chi Ming Cheng, a non-executive director, retired by rotation at the Annual General Meeting and did not make himself available for re-election. Brian is consequently no longer a director of Tharisa, effective 1 February 2017. The Board thanks Brian for the invaluable contribution he has made to the Group over the period he has served on the Board.

*The Board is pleased to announce that Brian Cheng?s alternate director, Joanna Ka Ki Cheng, has been appointed to the Board as a non-executive director with effect from 1 February 2017.
11-Jan-2017
(Official Notice)
22-Dec-2016
(Official Notice)
Shareholders are advised that the annual report for the year ended 30 September 2016, which incorporates the condensed annual financial statements and notice of the annual general meeting (AGM), will be distributed to shareholders and published on the company?s website www.tharisa.com today. The condensed annual financial statements contain no modifications to the audited results, which were published on 29 November 2016. The consolidated annual financial statements and the KPMG audit report, together with other relevant reports, are available on the company?s website www.tharisa.com. The updated Competent Person?s Report is also available on the website.



Notice of the AGM

Notice is hereby given that the AGM of the company will be held at 09:00 SA time (UTC +2) on Wednesday, 1 February 2017, at Aquamarine Room, The Forum, The Campus, 57 Sloane Street, Bryanston, South Africa, to transact business as stated in the Notice of AGM. The notice of AGM is available on the company?s website www.tharisa.com.



Important dates

*Record date to receive notice of the AGM is Friday, 30 December 2016.

*Last day to trade to be eligible to vote is Tuesday, 17 January 2017.

*Record date to be eligible to vote at the AGM is Friday, 20 January 2017.

*Last day for lodging Forms of Instruction (by no later than 07:00 UK time) is Friday, 27 January 2017.

*Last day for lodging proxy forms (by no later than 09:00 SA time) is Monday, 30 January 2017.



Total voting rights

Tharisa has 256 981 571 issued ordinary shares of US$0.001 each admitted to trading. Tharisa does not hold any shares in treasury. Each share carries one vote at general meetings and the total number of voting rights in Tharisa is 256 981 571.



29-Nov-2016
(C)
Revenue for the year lowered to USD219.7 million (2015: USD246.8 million) whilst gross profit increased to USD54.5 million (2015: USD43.1 million). Profit for the year attributable to owners of the company shot up to USD13.8 million (2015: USD4.6 million). In addition, headline earnings per share increased to USD6 cents per share (2015: USD2 cents per share).



Dividends

No dividends have been declared during the year (30 September 2015: no dividends).



Outlook

With the considerable recovery in chrome concentrate prices underpinned by demand the margins from the company's chrome business are robust. The company's free cash flow for FY2017 and EBITDA margins should grow considerably, supported by solid operational performance and a more favourable commodity outlook. While the PGM basket price in USD seems suppressed with the weaker South African currency Tharisa still maintains healthy margins and is geared to benefit from a recovery in this market. The company looks to additional optimisation within its stay in business capex, with the high energy flotation conversion in the Genesis plant boosting PGM recoveries within this plant, as well as the secondary spiral replacement programme underway potentially unlocking further chrome units.



Reaching steady state on an annualised basis in the year under review has set the business up to benefit from incremental improvements in feed grade, recoveries and more buoyant commodity markets. The production outlook for FY2017 remains at 147.4 koz of PGMs and 1.3 Mt of chrome concentrates, of which 300 kt will be specialty grade chrome concentrates.



The management team is positive about the prospects for the year ahead and believes that it will be the definitive year where the economies of scale will be demonstrated through reduced unit costs and increasing operating margins and material profits.

15-Nov-2016
(Official Notice)
Tharisa announces that the project completion test in respect of the R1 billion senior debt finance facility has been successfully completed. As a result of project completion, the facility?s interest rate will reduce from JIBAR + 490 bps pa to JIBAR + 340 bps pa. In addition, the guarantee provided by the holding company to its subsidiary will lapse.



The achievement of this milestone proves Tharisa?s business model to economically mine at the required run rate of at least 400 ktpm, the technical ability of the plants to process this material at the nameplate capacity of 400 ktpm and to produce in specification PGM and chrome concentrates.



The facility, which was raised to fund the expansion of Tharisa Minerals? mining footprint and for the construction of the Voyager Plant, was raised in February 2012 and was utilised in full. As at 30 September 2016, the balance outstanding on the facility was R502.2 million (USD36.5 million), with a final scheduled repayment date of 31 March 2019. The group holds a cash amount of R135.3 million (USD9.8 million) as a debt service reserve account resulting in a net amount of R366.9 million (USD26.7 million) owing on the facility at 30 September 2016.



The loan was provided by HSBC Bank Plc Johannesburg Branch, Nedbank Corporate and Investment Banking (a division of Nedbank Ltd.) and Absa Bank Ltd. (acting through its corporate and investment banking division). The independent technical consultant to the lenders was Snowden Mining Industry Consultants (Pty) Ltd. The group targets a debt to equity ratio of 15% and as at 30 September 2016, the total debt to equity ratio (off-setting the debt service reserve account against the debt), was approximately 17.5%.



The above information has not been reported on or reviewed by Tharisa?s auditors.

11-Nov-2016
(Official Notice)
Tharisa is currently preparing its financial statements for the financial year ended 30 September 2016, with the financial results expected to be released on or about 29 November 2016. Shareholders are advised that Tharisa?s basic earnings per share (EPS) for the financial year ended 30 September 2016 is expected to be USD5 cents per share, with a tolerance of 10%. Headline earnings per share (HEPS) is expected to be USD6 cents per share, with a tolerance of 10%. This is an increase of 150% and 200% relative to the EPS and HEPS of USD2 cents per share respectively for the financial year ended 30 September 2015.



The Company?s policy remains to distribute 10% of consolidated net profit after tax for the financial year to its shareholders. Further details regarding any distribution will be included within the financial results to be released on or about 29 November 2016.
10-Oct-2016
(Official Notice)
12-Jul-2016
(Official Notice)
Tharisa reported another quarter of solid mining and production performance, with its strategy of increasing specialty grade chrome production coming to fruition.



Highlights for the three months ended 30 June 2016

* Significant recovery in commodity prices

- Average PGM basket price USD745/oz (Q2 FY2016: USD 685/oz), an increase of 9%

- Average metallurgical grade chrome concentrate price USD105/t (Q2 FY2016: USD81/t), an increase of 30%

* Specialty chrome production increases to 27%

* Reef mined continues to exceed the required run rate of 4.8 Mtpa

* Processing performance in line with previous quarter

* PGM production of 33.5 koz

* Chrome production of 307.1 kt
27-Jun-2016
(Official Notice)
Tharisa, the dual-listed platinum group metals and chrome co-producer, announces the appointment of BMO Capital Markets Ltd. as joint broker to the company, alongside Peel Hunt LLP, with immediate effect.



27-Jun-2016
(Official Notice)
Tharisa announces that 1 089 685 ordinary shares of US$0.001 each have been allotted to satisfy obligations under the employee Share Award Plan.



Application has been made to the Johannesburg Stock Exchange (JSE), UK Listing Authority and the London Stock Exchange (LSE) for the admission of 1 089 685 new ordinary shares to the official list and to trading on the main market of the JSE and the LSE. Admission of the shares is expected to occur on 30 June 2016.



Following admission, Tharisa will have 256 981 571 ordinary shares in issue with voting rights. Tharisa does not hold any shares in treasury and therefore the total of 256 981 571 ordinary shares may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, Tharisa under the FCA's Disclosure and Transparency Rules.









13-Jun-2016
(Official Notice)
Tharisa, the platinum and chrome co-producer, announces its Interim Results for the half year period ending 31 March 2016.



Highlights

Strong Operational Performance

*Safety: LTIFR of 0.30 (H1 FY2015: 0.07) per 200 000 man hours worked

*Ore mined up 26.3% to 2.4 Mt (H1 FY2015: 1.9 Mt)

*PGM concentrate produced 4.5% higher at 60.0 koz (H1 FY2015: 57.4 koz)

*Chrome concentrate produced increased 7.3% to 604.4 kt (H1 FY2015: 563.3 kt)

*PGM recovery improved to 65.0% (H1 FY2015: 63.1%)

*Chrome recovery up 6.1% to 62.8% (H1 FY2015: 56.7%)

*Specialty chrome production up from 10.1% to 17.5% of total chrome production

*A 16.3% reduction in consolidated cash cost per tonne milled (excluding transport)



Solid Financial Results and Debt Reduction

*Net cash flows from operating activities up 18.2% to US$18.2 million (H1 FY2015: US$15.3 million)

*Revenue of US$86.0 million (H1 FY2015: US$123.7 million) down 30.5% due to a 27.4% drop in average PGM prices to US$686/oz (H1 FY2015: US$945/oz) and a 32.1% fall in chrome average prices to US$106/t (H1 FY2015: US$156/t)

*EBITDA of US$14.7 million (H1 FY2015: US$17.9 million)

*Gross profit US$21.1 million (H1 FY2015: US$22.8 million)

*Gross profit margin increased to 24.5% (H1 FY2015: 18.4%)

*Profit for the period US$3.1 million (H1 FY2015: US$4.9 million)

*Headline earnings per share flat at US$1 cent

*Net debt reduced by US$9.8 million to US$30.9 million in six months to end 31 March 2016



Outlook

*Recovering US$ commodity prices with PGM and chrome prices up 4% and 42% respectively since H1 FY2016

*Targeting PGM steady state production of 147.4 kozpa and chrome concentrate steady state production of 1.3 Mtpa (as per recently released 2015 CPR)

*Targeted improvement in PGM and chrome recoveries to 70% and 65% respectively

*Annual dividend policy of 10% of NPAT



The company appointed Peel Hunt as its UK and European broker to facilitate institutional interactions and liquidity in the London market.



Interim results presentation and webcast

Tharisa is hosting a live webcast on 13 June 2016 at 10.00 am UK time (11.00 am South African time). The interim results booklet, containing management commentary and the presentation slides will be available on the group?s website (www.tharisa.com) for download at the same time.



Webcast

The webcast is accessible at: http://themediaframe.eu/links/tharisa160613.html



13-Jun-2016
(C)
Revenue for the interim period dropped to USD86.0 million (2015: USD123.7 million). Gross profit decreased to USD21.1 million (2015: USD22.8 million). Results from operating activities were recorded at USD10.6 million (2015: USD12.1 million). Profit for the period attributable to owners of the company lowered to USD2.9 million (2015: USD3.4 million). Furthermore, headline earnings per share remained unchanged at USD1 cent per share (2015: USD1 cent per share).



Dividend

The company did not declare or pay any dividends during the six months ended 31 March 2016 and 31 March 2015.



Outlook

Tharisa's plans to reach steady state are materialising and the group continues towards achieving the targeted recoveries required to maintain these production levels. Tharisa expects continued strong operational performance for the remainder of the year with a focus on improving the ROM chrome grade and recoveries for both PGM and chrome concentrates.



These interim results reinforce the groups sustainable competitive advantage of being a profitable co-producer of PGM and chrome concentrates from a large scale, long life open pit operation weathering commodity and exchange rate volatility.



Tharisa would like to thank its team and directors for their continued support in achieving these interim results.





08-Jun-2016
(Official Notice)
07-Jun-2016
(Official Notice)
Tharisa, the platinum group metals and chrome co-producer, is pleased to announce the appointment of Peel Hunt LLP as broker to the Company with immediate effect.

07-Jun-2016
(Official Notice)
03-Jun-2016
(Official Notice)
07-Apr-2016
(Official Notice)
23-Mar-2016
(Official Notice)
The Tharisa Board of Directors (the Board) is pleased to announce that Dr Carol Bell has been appointed to the Board as an independent non-executive director with effect from 22 March 2016.
25-Feb-2016
(Official Notice)
Shareholders are advised that all the resolutions tabled at the Annual General Meeting of shareholders held on Tuesday, 25 February 2016 (in terms of the notice dispatched on Tuesday, 22 December 2015), were passed by the requisite majority.



In compliance with Section 3.59 of the Listings Requirements of the JSE Ltd., the Tharisa board of directors (?the board?) hereby notifies its shareholders of the following changes to the board:



As per the Notice of Annual General Meeting, Mr Ioannis Drapaniotis, an independent non-executive director, retired by rotation at the Annual General Meeting, and did not make himself available for re-election. Ioannis is consequently no longer a director of Tharisa, effective 25 February 2016. The board thanks Ioannis for the invaluable contribution he has made to the Group over the seven years he has served on the board.
15-Jan-2016
(Official Notice)
22-Dec-2015
(Official Notice)
Shareholders are advised that the Annual Report for the year ended 30 September 2015, which incorporates the condensed Annual Financial Statements and Notice of the Annual General Meeting (AGM), will be distributed to shareholders and published on the Company?s website www.tharisa.com today. The condensed Annual Financial Statements contain no modifications to the audited results, which were published on 9 December 2015. The Consolidated Annual Financial Statements and the KPMG audit report are available on the Company?s website www.tharisa.com.



Notice is hereby given that the AGM of the Company will be held at 09:00 (UTC +2) on Thursday, 25 February 2016, at Office 109, First Floor, S. Pittokopitis Business Centre, No 17 Neophytou Nicolaides and Kilkis Streets, Paphos, Cyprus, to transact business as stated in the Notice of AGM. The Notice of AGM is available on the Company?s website www.tharisa.com.



Important dates

*Record date to receive notice of the AGM is Friday, 22 January 2016.

*Last day to trade to be eligible to vote is Friday, 12 February 2016.

*Record date to be eligible to vote at the AGM is Friday, 19 February 2016.

*Last day for lodging proxy forms (by no later than 09:00 UTC +2) is Tuesday, 23 February 2016.
09-Dec-2015
(C)
Revenue for the year increased to USD246.8 million (2014: USD240.7 million). Gross profit rose to USD43.1 million (2014: USD32.6 million), profit for the year attributable to owners of the company turned around to USD4.6 million (2014: loss of USD49 million), while headline earnings per share came in at USD2cps (2014: loss of USD20cps).



Dividends

No dividends were declared in respect for the financial year ended 30 September 2015 (30 September 2014: no dividends).



Outlook

The general mining environment is under immense pressure and this coupled with domestic challenges, means the Tharisa business model is being stress tested. We are confident that we will succeed and emerge leaner, more efficient and ready to reap the rewards of an improving global commodity market. Our plans to reach steady state remain a priority and we have made positive strides towards achieving the recoveries required to attain those production levels.



Importantly, our financial performance proves that we can still remain profitable and continue our operations based upon the revised plan and trajectory as set out during the first half of the year. With the stringent management of our costs and improved efficiencies, we continue to be firmly positioned in the lowest cost quartile for both PGM and chrome concentrate producers.



We would like to thank our stakeholders for their support and continued belief in the Tharisa group of companies. You have our commitment that as the leadership of this Group we will continue to seek out opportunities to improve our efficiencies and create additional value for all stakeholders.



Ioannis Drapaniotis who has served the Tharisa board as an independent non-executive director since 2008 will be retiring at the next AGM and will not be available for re-election. The Board thanks Ioannis for the invaluable contribution he has made to the Company since his appointment.
03-Dec-2015
(Official Notice)
Shareholders of Tharisa are advised that on 9 December 2015 the Group will be announcing its annual results for the year ended 30 September 2015. The announcement will be issued on SENS just after 7:00 am (CAT) and a media release will follow shortly thereafter. Details of the presentation and dial-in details are available on the Tharisa website at www.tharisa.com.



The audited annual financial statements and the results presentation will be available for download in the Investor Relations section of the website on the day. If you have any questions regarding the results please contact our Investor Relations Manager, Sherilee Lakmidas, at slakmidas@tharisa.com.



02-Nov-2015
(Official Notice)
Shareholders of Tharisa are advised that on 23 October 2015 operations at the Tharisa Mine were suspended following the issuing of a section 54 instruction by the Mine Health and Safety Inspectorate (?MHSI?) of the South African Department of Mineral Resources requiring that the operation of all trackless mobile machinery be stopped at the Tharisa Mine, thereby halting all mining and production. The instruction by the MHSI was issued following an investigation into the circumstances pertaining to an accident between a haul truck and another vehicle that occurred on a haul road in the open pit resulting in a minor Medical Treatment Case. The MHSI required amongst other things, that the key control procedures be reviewed and standard operating procedures pertaining to key controls be amended. In addition, all operators and supervisors were required to be retrained on the reviewed key control procedures.



The Tharisa Mine addressed the matters raised in the section 54 instruction, which was uplifted on 30 October 2015, allowing operations to recommence. As a consequence of the section 54 instruction following the fatality on 28 September 2015 and the aforementioned section 54 instruction, 27 production shifts were lost representing 30% of the production shifts for October 2015. Tharisa remains committed to striving for zero harm at its operations and to addressing any health and safety shortcomings.
09-Oct-2015
(Official Notice)
06-Oct-2015
(Official Notice)
Tharisa advised that the Section 54 order suspending mining operations at the Tharisa Mine has been uplifted by the Department of Mineral Resources (?DMR?) and mining operations have resumed. The Section 54 order was issued by the DMR following the death of an employee of a mining contractor at the tailings storage facility construction site at the Tharisa Mine on Monday, 28 September 2015. The impact on production of PGM and chrome concentrates was mitigated by the processing of existing crushed run-of-mine stocks ahead of the two processing plants.
29-Sep-2015
(Official Notice)
Tharisa regrets to advise that an employee of a mining contractor was fatally injured on Monday, 28 September 2015 at the tailings storage facility construction site at the Tharisa Mine. All mining operations at the Tharisa Mine have been suspended pending an inquiry into the fatality, which has already commenced in conjunction with the South African Department of Mineral Resources.



The board of directors, management and employees of the Tharisa group extend their sincere condolences to the family, friends and colleagues of the deceased.



Safety remains a top priority and Tharisa will continue to strive for zero harm at our operations. Prior to this fatality, the Tharisa Mine had achieved 5 878 272 fatality free hours, with a lost time injury frequency rate of 0.06 per 200 000 hours.
25-Sep-2015
(Official Notice)
In compliance with Section 3.59 of the Listings Requirements of the JSE Ltd., Tharisa advised that Ms Joanna Ka Ki Cheng has been appointed to the Tharisa board as alternate non-executive director to Mr Brian Chi Ming Cheng with effect from 25 September 2015.



Ms Cheng, a Canadian national, is a Chartered Accountant and a member of the Institute of Chartered Accountants of Ontario, Canada. She has more than 15 years? experience in business development, investment and management and is the General Manager (Energy) of NWS Infrastructure Management Ltd., a wholly owned subsidiary of NWS Holdings Ltd. (NWS), a company whose shares are listed on the Hong Kong Stock Exchange and a subsidiary of which holds 15.85% of Tharisa?s issued share capital. Before joining NWS, Ms Cheng worked at audit firms in Canada and Hong Kong.



The Board welcomes Ms Cheng and looks forward to her contribution.
27-Jul-2015
(Official Notice)
Shareholders are advised that Tharisa has concluded a market related three-year Collective Agreement on Substantive Terms and Conditions of Employment with the National Union of Mineworkers (NUM), the recognised trade union at its Tharisa Mine in South Africa. The agreement is effective from 1 July 2015 until 30 June 2018 and applies to its employees who are subject to the bargaining unit at the Tharisa Mine.



Tharisa recognises the constructive manner in which management and the NUM conducted and concluded the negotiations. The successful conclusion of the three-year agreement is a positive development for the Tharisa group and Tharisa commends its workforce for continuing to work without interruption throughout the negotiation process to maintain its operating performance. The finalisation of the agreement supports labour stability, allowing the Tharisa Mine to focus on growing the business for the benefit of all stakeholders and promotes continued engagement and a sound working relationship with our employees.
08-Jul-2015
(Official Notice)
17-Jun-2015
(C)
Revenue for the interim period decreased to USD123.7 million (2014: USD126.1 million). Gross profit rose to USD22.8 million (2014: USD20.2 million), results from operating activities increased to USD12.1 million (2014: USD7.4 million), while profit for the period attributable to owners of the company turned around to USD3.4 million (2014: loss of USD28.4 million). Furthermore, headline profit per share came in at USD1cps (2014: loss of USD12cps).



Dividend

No dividends were declared.



Prospects

The turnaround in profitability demonstrates the benefits of being a low cost co-producer of PGM and chrome concentrates within a challenging commodity environment. The outlook for Q3 FY2015 has been impacted by significant planned maintenance programmes, which included the reconfiguration of the crushing circuit at the Voyager Plant, with an estimated loss in production time of approximately 12% for the quarter.



PGM recoveries exceeded plan and the achievement of steady state production of 144 kozpa is targeted for the 2016 financial year. Management continues to focus on the improvement of the chrome recoveries to achieve steady state production. With the installed wet high intensity magnetic separation units not achieving the expected improvement in chrome recoveries and further test work on this and other technologies ongoing, the steady state chrome production has been revised to 1.5 Mtpa and is planned to be achieved in the 2016 financial year.



Appropriately blended mined ore is being fed into the processing plants on a consistent basis from June 2015. The resulting stability in feed grade will improve recoveries to design levels. PGM and chrome concentrate production in H2 FY2015 is expected to approximate H1 FY2015 production.
10-Jun-2015
(Official Notice)
Shareholders are hereby advised that the Group?s financial results for the interim period ended 31 March 2015 are expected to be more than 20% higher than the actual and pro forma corresponding period.



The table below details the anticipated increase from the comparative periods:

6 months ended 31 March 2015; 6 months ended 31 March ended 2014 and % increase

*Basic and diluted profit /(loss) per share -- US$0.01; US$(0.12); 108%

*Headline profit/(loss) per share -- US$0.01; US$(0.12); 108%



Shareholders are advised that the results for the interim period ended 31 March 2015 are scheduled to be released on SENS on 17 June 2015.
23-Apr-2015
(Official Notice)
Shareholders are advised that all the resolutions tabled at the Annual General Meeting of shareholders held on Thursday, 23 April 2015 (in terms of the notice dispatched on Friday, 27 March 2015), were passed by the requisite majority.
14-Apr-2015
(Official Notice)
Tharisa released a second quarter production report for the three months ended 31 March 2015.



Safety

Safety remains Tharisa's utmost priority and they strive for zero harm at their operations. The Lost Time Injury Frequency Rate at the Tharisa Mine for the twelve month period to 31 March 2015 (per 200 000 man hours) was 0.07.



New Record PGM production in March 2015

The Tharisa Mine produced 12 874 6E contained PGM ounces during March 2015, the previous record was 10 593 6E contained PGM ounces achieved during January 2015.



The financial results for the six months ended 31 March 2015 are expected to be released on or about 17 June 2015.
27-Mar-2015
(Official Notice)
Shareholders are advised that the Annual Report for the year ended 30 September 2014, which incorporates the condensed Annual Financial Statements and Notice of the Annual General Meeting (AGM), will be distributed to shareholders and published on the Company?s website www.tharisa.com. The condensed Annual Financial Statements contain no modifications to the audited results, which were published on 15 December 2014. The Consolidated Annual Financial Statements and the KPMG audit report are available on the Company?s website www.tharisa.com.



AGM notice

Notice was given that the AGM of the Company will be held at 11:00 (UTC +3) on Thursday, 23 April 2015, at Office 109, First Floor, S. Pittokopitis Business Centre, No 17 Neophytou Nicolaides and Kilkis Streets, Paphos, Cyprus, to transact business as stated in the Notice of AGM. The Notice of AGM is available on the Company?s website www.tharisa.com.
04-Feb-2015
(Official Notice)
Since the commencement of Tharisa?s initial mining operations in 2008, it has now mined and processed a total of over 10 million tonnes of reef with a further 22 years of open pit life remaining.



This is an important milestone for Tharisa. Month on month production has shown a strong positive upward trend over the last year, particularly following changes implemented during the latter half of 2014. January?s record production is another step towards reaching annualised steady state levels by Q1 FY2016.
15-Jan-2015
(Official Notice)
Safety remains a top priority and Tharisa continues to strive for zero harm at our operations. However, production was affected by the suspension of processing activities following the tragic fatality on 5 November 2014, to allow for the investigation into the accident and the upliftment of the section 54, with a loss in plant production time of 12% for the quarter.



Production update

The introduction of the additional mining contractor with effect from 1 November 2014 to undertake the more specialised blasting and extraction of the reef layers and removal of interburden and the change in scope to MCC?s mining contract to focus on bulk waste removal has progressed according to the change management plan. During this transition period a decision was made to re-process commissioning tails through the Genesis plant allowing the appropriate blend of ore to be processed through the Voyager plant and to provide for a build-up of ROM stocks. This has negatively impacted on the overall chrome yield, particularly chemical and foundry grades. However, PGM production was better than planned with a marked improvement in the PGM recoveries, with levels at the Voyager plant approaching 70%. We expect to resume processing fresh ROM ore through the Genesis plant during Q3 FY2015. Importantly, production improvements are moving in a positive direction, gearing to planned annualised steady state production in Q1 FY2016.



Errata

The commentary in the Condensed Consolidated Annual Financial Statements for the year ended 30 September 2014 made reference in the Financial Overview section to the CIF contract price for 42% metallurgical grade chrome concentrate prices. The prices referenced were incorrect and should read as follows ?USD158/t (2013: USD161/t) a reduction of 1.9%?. In addition, when referencing the debt to equity ratio the reference should read to ?Group debt? and not ?Net Group debt?. These errors have no impact on the Group?s results.
19-Dec-2014
(Official Notice)
The Tharisa Board of Directors ("the Board") is pleased to announce that Mr Chi Ming Brian Cheng has been appointed to the Board as a non-executive director with effect from 19 December 2014.
15-Dec-2014
(C)
The following results are the company's maiden final results and are incomparable. A revenue of USD240.7 million was recorded and gross profit came in at USD33.9 million. Results from operating activities were USD5.9 million. However, net loss attributable to owners was USD49.0 million. In addition, headline loss per share was USD20cps.



Dividends

In view of the loss incurred by the Group, the board of directors does not recommend the payment of dividends. The dividend policy of the company is to pay a dividend of 10% of consolidated net profit after tax.



Outlook

While Tharisa Minerals experienced numerous challenges this year, these were addressed decisively and proactively. The business model has proven itself and the group remains, despite setbacks, a robust young company that is on course to achieve its key objectives.



Tharisa's first mine is situated in South Africa and the company will continue to operate with confidence in that country The priority in the near term is to achieve steady-state PGM and chrome concentrate production and implementing process optimisation initiatives. In the medium term the company will continue to seek to grow through accretive acquisition, development and operation of large-scale and low-cost projects that are in or close to production, including projects outside of South Africa.



The company's financial performance was impacted by once-off costs relating to its listing and by operational capital expenditure required to de-risk its processing assets and ensure its continued cost competitiveness. Research and development of PGM downstream beneficiation and chrome smelting continue to be pursued at minimal cost and hold significant upside potential for its investors.
17-Nov-2014
(Official Notice)
Tharisa hereby announces that the Tharisa Mine processing plants have resumed operations following the upliftment of the Section 54 order issued by the Department of Mineral Resources ("DMR") following the death of an employee at the Voyager concentrator plant on Wednesday, 5 November 2014, in a tragic accident which occurred during routine maintenance.



The Section 54 order was lifted following presentations to the DMR on Friday, 14 November 2014.



Mining operations were not affected by the suspension.
12-Nov-2014
(Official Notice)
Change in Board committee membership



In compliance with Section 3.59(c) of the Listings Requirements of the JSE Ltd., the Board is pleased to announce that Dr Omar Kamal has been appointed as a member of the Audit Committee with effect from 12 November 2014.



The Board and the Audit Committee look forward to his contribution.

06-Nov-2014
(Official Notice)
Tharisa regrets to announce the death of an employee at the Voyager processing plant on Wednesday, 5 November 2014, in an accident which occurred during routine maintenance.



All operations at the Genesis and Voyager plants have been suspended pending a full investigation into the fatality, which has already commenced in conjunction with the South African Department of Mineral Resources. The mining operations are not affected by the suspension.



Safety remains a top priority and Tharisa will continue to strive for zero harm at its operations. Prior to this fatality, the Tharisa Mine had achieved 8 079 694 fatality free hours, with a lost time injury frequency rate of 0.2 per 200 000 hours.
29-Sep-2014
(Official Notice)
In the Reviewed Condensed Consolidated Interim Financial Statements for the six months ended 31 March 2014, Tharisa provided a production outlook for the current financial year ending 30 September 2014, of between 80 koz and 90 koz of PGMs (5PGE + Au) and between 1.15 Mt and 1.3 Mt of chrome concentrates. It is now expected that production will be marginally below these levels and that the current production outlook for the financial year ending 30 September 2014 is that PGM production will be within 3.5% of the lower parameter of 80 koz and chrome concentrate production will be within 6.5% of the lower parameter of 1.15 Mt. Tharisa remains on track to achieve steady state annualised production during the 2016 financial year.



The production outlook was premised on Tharisa achieving the required mining output and the successful commissioning of certain optimisation initiatives, namely the high energy flotation for enhanced recoveries of PGMs and the installation of an initial two production scale magnetic separation units for improved chrome concentrate yields. A number of factors have adversely impacted on the consistency, quality and quantity of the feed grade into the plants principally the mining fleet availability necessary to achieve the increased waste and reef extraction volumes. Tharisa is in the process of appointing an additional contractor with a new mining fleet and the expertise to mine the more specialised reef and inter-burden waste and is confident that this will achieve the required run of mine volumes in the correct blend going forward.



The high energy flotation project was successfully commissioned on 25 July 2014, at the Voyager Plant, and PGM recoveries have subsequently increased from approximately 55% to approximately 65%. However, to date the magnetic separation commercial scale production units have not been able to replicate the laboratory unit test results on a sustained basis and therefore the expected increase in chrome recovery was not achieved. Tharisa continues to work with the OEM supplier to determine the optimal process flow and design to achieve the required chrome concentrate recovery.



The financial results for the financial year ended 30 September 2014 will be published by

mid-December 2014.



17-Jun-2014
(C)
Tharisa have released maiden interim results and are therefore, incomparable to the previous period. Revenue was recorded at USD126.1million and operating profit came in at USD7.4 million. A total comprehensive loss attributable to owners of USD28.4 million was recorded. Furthermore, headline loss per share was USD3.70cps.



Dividend

The Company did not issue any ordinary share capital and did not declare or pay any dividends during the six months ended 31 March 2014 and 2013.



Prospects

The economic demand fundamentals for both PGMs and chrome remain sound underpinned by supply constraints providing a platform for more favourable commodity prices. Since 31 March 2014, the PGM basket price and chrome concentrate prices have increased and continue to show signs of strengthening. The capital projects being undertaken by the Group are being implemented as planned. The production outlook for the current financial year is between 80,000oz and 90,000oz of PGMs (5PGE + Au) and between 1,150,000t and 1,300,000t of chrome concentrates. The Group remains on track to achieve steady state annualised production during the 2016 financial year.
11-Jun-2014
(Official Notice)
The Tharisa board of directors ("the Board") announced that Dr Omar Marwan Kamal has been appointed to the Board as a non-executive director with effect from 11 June 2014.
11-Dec-2017
(X)
Tharisa is an integrated mining company that follows a unique approach through innovation and technology to co-produce PGM and chrome concentrates in South Africa. It offers direct access to the only JSE and LSE listed co-producer with an integrated marketing, sales and logistics platform.



The Group owns and operates the Tharisa Mine on the south-western limb of South Africa's Bushveld Complex. The mine has an estimated open pit life-of-mine of approximately 17 years, and a further estimated underground life of mine of approximately 40 years. The Tharisa Mine's processing facilities comprise the Genesis Plant and the Voyager Plant, which together process a total of 400 ktpm of ROM ore. Tharisa produced 143.6 koz of PGMs (5PGE + Au) and 1.3 Mt of chrome concentrate, 323.1 kt of which was high value specialty chemical and foundry grade chrome in FY 2017.



Tharisa's wholly-owned subsidiaries include Arxo Metals (processing and beneficiation), Arxo Logistics (logistics) and Arxo Resources (marketing and sales). Through its subsidiary Arxo Metals, the Group is developing its beneficiation capabilities to optimise its operations and capture a greater share of the value chain. Tharisa's research and development activities are also undertaken in Arxo Metals. The Group's business also includes logistic operations through Arxo Logistics, which manages the transportation of PGM and chrome concentrates produced by the Tharisa Mine to customers in South Africa and to port facilities in Richards Bay and Durban for shipment to customers internationally. Sales and marketing of the Group's chrome products is undertaken by Arxo Resources, which acts as agent and off-taker for Tharisa Minerals for the onward sale of chrome concentrate to customers in China and other international markets.



Further organic growth through innovation is currently being undertaken, enabling additional revenue through the improvement of recoveries from every tonne of ore. The Group's expansion strategy focuses on growth through value accretive acquisitions, development and operation of large-scale, low cost projects that are in or close to production. Tharisa aims to become a globally significant low cost producer of strategic commodities. The Group is led by a strong management team with significant sector expertise and a track record in the successful origination, development and operation of mining projects.


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