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Tharisa PLC - Cyprus-based southern Africa-focused platinum miner - Says it is in negotiations for the acquisition of the minority stake in South Africa-focused mining & exploration company Tharisa Minerals Pty Ltd. Tharisa already owns a 74% stake in Tharisa Minerals.
"The acquisition of the minority shareholding in Tharisa Minerals may have a material effect on the price of the company's securities," Tharisa says.
Current stock price in Johannesburg: ZAR28.50
12-month change: up 9.6%
Current stock price in London: 136.00 pence
12-month change: up 6.3%
By Greg Roxburgh; gregroxburgh@alliancenews.com
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