Tharisa mine's life extended to 2041

18th November 2021

By: Creamer Media Reporter


Font size: - +

The life-of-mine of JSE- and LSE-listed Tharisa's openpit chrome and platinum group metals (PGMs) mine, in South Africa's North West province, has been extended by seven years to 2041.

Tharisa notes that a yearly review of the mine's mineral resource and mineral reserve statement indicates a significant extension of the mine life, from 13 years to 20 years.

"This development further cements the reputation of the Tharisa mine as a world-class, long-life asset that underpins our business and will continue to provide a sustainable, low-cost platform for over 50 years.

"This growth follows Tharisa’s demonstration of the consistency of its operations and proven ability to successfully move volume, while maintaining a strong production profile, resulting in shareholder value accretion.

"The ability to extend the openpit at the Tharisa Mine also allows us to take further advantage of this unique asset and provides the platform for our growth strategy," comments CEO Phoevos Pouroulis.

The openpit tonnage at the mine has increased by 30% to 94.20-million tonnes, with total openpit and underground mineral reserves of 113.1-million tonnes at PGM grades of 1.09 g/t and chrome grades of 18.6%.

The mineral reserves contain four-million ounces of platinum, palladium, rhodium and gold and 21.3-million tonnes of chrome.


Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online



Goodwin Submersible Pumps Africa (Pty) Ltd
Goodwin Submersible Pumps Africa (Pty) Ltd

Goodwin Submersible Pumps Africa is sole distributors for Goodwin electrically driven, submersible, abrasion resistance slurry pumps.

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones, wear-resistant linings,...


Latest Multimedia

sponsored by

Photo of Martin Creamer
ARM, GoldOre, Gautrain make headlines
22nd September 2023
Magazine cover image
Magazine round up | 22 September 2023
22nd September 2023
Resources Watch image
Resources Watch
21st September 2023

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.202 0.252s - 319pq - 2rq
Subscribe Now