THARISA (THS) 155.8pGain to date: 18%Original entry point: Buy at 132p, 28 October 2021Sanctions on Russia have led to a rally in metal prices on the assumption that supplies from this country will be disrupted.South Africa-based chrome and platinum group metals producer Tharisa (THS) is a beneficiary of these sanctions as market prices are going up as global supplies could tighten if Russia's...

For now, the escalating conflict in Ukraine shows no signs of easing. After the initial shock, markets were hopeful the economic impact of the war might be contained as the West's opening salvo of sanctions in response to Russia's invasion (24 Feb) were weaker than some had anticipated.However, any relief soon dissipated as Ukraine put up stiff resistance against the Russian invaders and...

Tharisa (THS) 117.6pLoss to date: 10.9%Original entry price: Buy at 132p, 28 October 2021Platinum group metals and chrome miner Tharisa (THS) may have drifted lower amid recent price weakness for its products and Covid-related concerns in South Africa but we think the shares will regain momentum as evidence piles up of its improved cash flow in 2022.On 2 December the company reported a record...

An imminent uplift in production and improvement in margins at chrome and PGM (platinum group metals) miner Tharisa (THS) should act as a catalyst for the shares with full year results on 2 December crystallising this positive trend in the market's mind.The company has entered cold commissioning on its Vulcan chrome processing plant which is expected to boost chrome output by 20% and lead to...

UK stocks reversed Monday's gains as investors began to factor in the impact of rising energy prices on top of supply chain disruption on corporate profit margins.Overnight, US stocks fell back on growing fears of inflation with the weakness spreading to Asian markets which broke their three-day winning run. Technology stocks were among the biggest fallers in both regions.Oil prices remained...

Shares in platinum group metal miner Tharisa (THS) gained 2.75% to 128.4p as it stuck to its annual production guidance amid soaring prices for platinum, palladium and rhodium.The miner's share price has jumped from around 70p at the start of November thanks in part to a staggering rise in the price of rhodium and platinum, two metals which had a strong 2020 with the former currently trading...

The FTSE 100 gains 0.6% to 7,246.96 despite the US increasing tariffs on Chinese goods - with mining stocks helping to support the index. The relatively relaxed response reflecting a strong showing from Asian shares.The moderate response could be because the news was widely expected and because tariffs will not be charged on Chinese goods which have already shipped, providing a possible window...

THARISA (THS) 100pLoss to date: -0.5%Original entry point: Buy at 100.5p, 7 December 2017South African chrome and platinum miner Tharisa (THS) was caught up in the summer sell-off in commodity producers amid weaker metal prices and volatile currency rates. However, the shares have more recently started to claw back lost territory.The fourth quarter production figures on 8 October were slightly...

One of the biggest stories in the commodities space at the moment is the collapse in the platinum price amid demand concerns.The precious metal last week traded close to a 10-year low at $798 per ounce, compared with a $778 per ounce price recorded in October 2008. The latter was the result of the metal more than halving in value amid the global financial crisis.Platinum spent the latter part...

Tharisa (THS) 110.5pGain to date: 10%Original entry point: Buy at 100.5p, 7 December 2017The chrome and platinum miner has finally delivered on its promise to make an acquisition or two to boost its future production pipeline.Two acquisitions have been made in Zimbabwe. The first is a 90% stake in Salene which owns an early-stage chrome project. 'It has an easily accessible ore body and,...

South Africa is the latest country to be closely watched by UK investors. A decent number of companies doing business in that part of the world have their shares traded on the London Stock Exchange.Cyril Ramaphosa was last week sworn in as the new president of South Africa, replacing Jacob Zuma who stepped down after pressure from the governing ANC party amid corruption allegations. Ramaphosa...

We're perplexed on why chrome and platinum group metals (PGMs) miner Tharisa (THS) is trading at such a cheap valuation. Snap up its shares now as we doubt it will stayed cheap permanently, given a rising stream of dividends, a new expansion plan and a potential acquisition broadening its product base.Tharisa is a profitable South African mining business with low operating costs and a mere...

A new mining charter in South Africa is more onerous than expected and implies that companies could have a reduced share of profit and suffer higher costs.Miners have 12 months to ensure a black economic empowerment (BEE) group owns at least 30% of their mining assets in South Africa, up from the previous 26% rule. Miners must also pay 1% of turnover from local assets to the BEE partner, as a...

Tharisa (THS) 110pGain to date: 42%Original entry point: Buy at 77.5p, 29 September 2016Miner Tharisa (THS) tells Shares its full year earnings and cash flow expectations may have to be downgraded if the chrome price doesn't recover from its recent sell-off. We view the commodity market correction as a short-term issue and not a reason to dump shares in Tharisa.The chrome price has been...

Tharisa (THS) 142.5pGain to date: 83.9%Original entry point: Buy at 77.5p, 29 September 2016South African miner Tharisa (THS) says chrome prices are holding up better than some people might have expected.Low stockpiles in Chinese ports saw chrome soar to $390 per tonne late last year. One might have expected the price to drop significantly after customers restocked inventories, but that hasn't...

Vodafone (VOD) has confirmed discussions regarding a potential all-share merger of its Indian business with Idea Cellular.The FTSE 100 telecoms group has been struggling in India due to a price war after new market entrant Jio started offering free calls and data to grab market share.Investors like the news that Vodafone is taking action to strengthen its position in India, sending its share...

A mining company offering near-term production, low capital expenditure requirements and a fully permitted project is set to join the UK stock market on 30 January.Rainbow Rare Earths (RBW) is backed by investor and developer Pella Resources, best known for helping to build Petra Diamonds (PDL) from a small exploration business to become a FTSE 250 multi-project, £840m market cap miner.We...

Stocks featuring in Shares' weekly Great Ideas section over the last year racked up gains of 12.4% versus a comparable return on the FTSE All-Share of 11.4%.On an annualised basis the result was 24.8% versus 22.8%, as we explain in What is Great Ideas?What is Great Ideas?Shares' Great Ideas is published every Thursday within the magazine and online and features what we believe to be our two...

Tharisa (THS) 152pGain to date: 96%Original entry price: Buy at 77.5p, 29 September 2016Shares in chrome and platinum producer Tharisa (THS) have surged after the miner said it expects earnings per share (EPS) for the 2016 financial year to more than double versus the previous year. It also said debt costs would fall after proving to financiers that its mine works properly.Tharisa says it...

Tharisa (THS) 103.75pGain to date: 33.9% Previous Shares view: Buy at 77.5p, 29 September 2016Better-than-expected platinum group metals (PGMs) production has helped to lift shares in miner Tharisa (THS). The stock is now up 33.9% since we said to buy a fortnight ago.Tharisa extracts PGMs and chrome from its mine in South Africa and sells them to China. A bullish trading update on 10 October...