HISTORY
HISTORY
|
Year
|
Event
|
|
March 2006 and June 2007
|
Prospecting rights are granted to Thari Resources by the DMR
|
|
March 2006
|
Tharisa Minerals incorporated as a wholly owned subsidiary of Thari Resources
|
|
March 2007
|
Coffey Mining commences drilling and exploration study for the Tharisa Mine
|
|
April 2007
|
Consent for Thari Resources to transfer prospecting rights for certain minerals to Tharisa Minerals obtained from the DMR
|
|
November 2007
|
Thari Resources sells prospecting rights for certain minerals to Tharisa Minerals
|
|
January 2008
|
Consent for Tharisa Minerals to acquire mining rights for chrome ore from South African Producers and Beneficiators of Chrome Ore
(Pty) Limited is granted by the DMR
|
|
March 2008
|
Mining rights for chrome ore purchased by Tharisa Minerals from South African Producers and Beneficiators of Chrome Ore (Pty)
Limited
|
|
April 2008
|
Consent for the Company to acquire a 74% stake in Tharisa Minerals obtained from the DMR
|
|
September 2008
|
Mining right for certain minerals, including PGM and chrome ore, granted to Tharisa Minerals by the DMR
|
|
October 2008
|
Trial mining at the Tharisa Mine begins
|
|
February 2009
|
Tharisa acquires a 74% stake in Tharisa Minerals
|
|
March 2009
|
A pilot plant at the Tharisa Mine is established, trial production of chrome concentrate begins
|
|
November 2009
|
First commercial production of chrome concentrate begins
|
|
May 2010
|
Tharisa establishes a strategic partnership with Fujian Wuhang
|
|
February 2011
|
Tharisa Fujian Industrial is registered
|
|
July 2011
|
An amendment to the mining right is executed with the DMR
|
| August 2011 |
100ktpm chrome concentrator at Tharisa Mine commissioned |
| September 2011 |
PGM processing plant commissioned |
| November 2011 |
Tharisa Limited converts to a public company and becomes known as Tharisa plc |
US/$ EXCHANGE RATE
US$ 1.00 = ZAR 7.73
US$ 1.00 = HKD$ 7.75
US$ 1.00 = RMB 6.30
