[SMM Precious Metals Express]

Published: Sep 16, 2026 15:16

Save

Mining and metals firm Tharisa, listed on the Johannesburg Stock Exchange, announced that it has successfully priced a USD 300 million five-year secured bond. The proceeds will be used to advance the Karo Platinum Project in Zimbabwe. The bond was issued at 98% of principal with an annual coupon rate of 11%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

6 mins ago

[SMM Precious Metals Express]

Australian Podium Minerals announced on September 14 that it has signed a non-binding memorandum of understanding with US-based PGM Processing. The plan is to connect the Parks Reef project in Western Australia with US midstream, downstream processing and secondary recycling capacity, building an integrated Australia-US supply chain for PGMs.

6 mins ago

3 hours ago

Platinum consolidated stronger in early trading; spot market discounts narrowed with normal transactions [SMM Daily Review]

3 hours ago

Sep 15, 2026 11:52

Platinum futures maintain a consolidation pattern, spot market trading is normal [SMM daily review]

Sep 15, 2026 11:52