Tharisa revises production guidance downward, despite strong recovery in May, June
Considering Covid-19 lockdown restrictions in the second quarter of the year, JSE-listed chrome and platinum group metals (PGMs) miner Tharisa has revised downward its production guidance for the year ending September 30.
The company now expects to produce between 130 000 oz and 135 000 oz of PGMs, which was previously set at between 155 000 oz and 165 000 oz for the year, and between 1.25-million and 1.30-million tonnes of chrome concentrate, which was previously set at between 1.45-million tonnes and 1.55-million tonnes.