MARIKANA MINING

9th February 2018 By: Martin Creamer - Creamer Media Editor

MARIKANA MINING

Platinum-group metals (PGMs) and chrome coproducer Tharisa Minerals last week hosted a media briefing at the Tharisa mine, a large, shallow, 17-year-life openpit and a future 40-year underground mine at Marikana, in the North West. The first mining rights were granted in 2008, the year of the global financial crisis and the Eskom electricity crisis, which threw the mine feasibility study on its head, prompting the creation of the current low-cost high-value integrated processing unit of PGM and chrome concentrates. Pictured are Tharisa mine manager David Malunga and Tharisa CEO Phoevos Pouroulis at the mine with a far-reaching surface area made up of a consolidation of 116 farms.