https://www.engineeringnews.co.za

Tharisa posts record monthly PGM output

14th April 2015

By: Natalie Greve

Creamer Media Contributing Editor Online

  

Font size: - +

JOHANNESBURG (miningweekly.com) – JSE-listed Tharisa has posted record monthly production from its South African mine, delivering 12 874 oz of platinum-group metals (PGMs) in March and exceeding the previous record of 10 593 oz, produced in January.

The company added in a production update on Tuesday that it had lifted output for the quarter ended March 31, to 33 000 oz, compared with the 24 400 oz produced in the preceding three months.

“We had an excellent quarter, with markedly improved mining following the changes in the first quarter and continued progress in optimising our processing to improve PGM recoveries and deliver higher-margin chrome concentrates.

“The improvement in mining has also enabled the Genesis plant to process mined ore as well as reprocessing commissioning tails. The processing of 100% mined ore through the Genesis plant is now planned for the third quarter, while the Voyager plant continues to operate on 100% mined ore,” CEO Phoevos Pouroulis said in a statement.

He further noted that both process and mechanical reliability optimisation projects were successfully concluded during the period and, given continued depressed commodity prices, the focus had been on maximising PGM recoveries and higher value-add chemical and foundry-grade chrome concentrates.

“It is pleasing to report that the PGM recoveries surpassed expectations at the Voyager plant with a recovery of 78.8% being achieved in March [and we have] demonstrated that we are on track to achieve our steady-state production,” said Pouroulis.

Tharisa was expected to release its financial results for the six months ended March 31 on June 17.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Iritron
Iritron

Iritron delivers advanced automation, control, and optimisation solutions to the Mining, Minerals & Metals, Consumer Package Goods and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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
PLUS
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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.055 0.097s - 140pq - 2rq
Subscribe Now