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Fri 1 May 2026
Close: 2 540c 
Day's move: 0c (0.00%)
Volume: 0
Trades: 0
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Tharisa - appointment of CFO designate
Tharisa announced the appointment of Jacques Breytenbach as chief finance officer designate, effective 1 May 2026, with his official appointment as CFO and executive director of the board from 1 August 2026, succeeding Michael Jones who retires on 31 July 2026 after 13 years of service.
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Tharisa - production report March 2026
Highlights
- Lost Time Injury Frequency Rate ('LTIFR') per 200 000 man hours worked of
- 0.03 at Tharisa Minerals
- 0.00 at Karo Platinum
- Successful first blast at the Tharisa Mine Apollo portal marking the official transition to underground mining in parallel with the existing open cast mining operations
- Quarterly PGM production at 34.3 koz (Q1 FY2026: 38.8 koz) with PGM recoveries stable at 77.5% (Q1 FY2026: 78.8%)
- PGM prices averaging at USD3 038/oz (Q1 FY2026: USD2 208)
- Quarterly chrome production of 404.0 kt (Q1 FY2026: 349.4 kt) with chrome recoveries stable at 69.7% (Q1 FY2026: 70.3%)* Average metallurgical grade chrome concentrate price at USD290/t (Q1 FY2026: USD276/t)
- Group cash on hand of USD184.3 million (31 December 2025: USD122.2 million), and debt of USD129.6 million (31 December 2025: USD75.2 million), resulting in a net cash position of USD54.7 million (31 December 2025: USD47.0 million)
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Tharisa - transfer of treasury shares
Tharisa announced that as of 31 March 2026, it has 302 596 743 issued ordinary shares of USD0.001 each. During March 2026, 31 082 treasury shares were transferred to satisfy the exercise of Appreciation Rights under the Tharisa Share Award Plan. Post-transfer, the company has 296 290 377 shares with voting rights, with 6 306 366 shares held in treasury.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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