Why are banks making it so easy for fraudsters to open accounts? ALEX BRUMMER: Why have only American banks been gifted the platinum forex group facebook account of selling RBS? THE PRUDENT INVESTOR: Why I’m ditching these lousy fund managers who can’t even beat a robot!
Revealed: The most viewed overseas homes for sale including a Majorcan villa once featured on hit TV show Love Island – which exotic pad would you pick? Tharisa is a platinum and chrome miner that operates out of a site in the Bushveld Complex of South Africa. The company’s Tharisa Mine has an estimated 867. 5m tons of resources and has an open pit life of around 17 years with a further 40 years underground. At the end of last year, the miner set out its Vision 2020 to increase its output substantially, but also to diversify into mining for lithium, cobalt, copper and manganese to feed increased demand for electric-vehicle batteries.
Is the excitement over bitcoin dying? Asset management behemoths Blackrock, Fidelity, Old Mutual and Investec are all among the miner’s biggest ten shareholders. Russ Mould, of broker AJ Bell, says: ‘Tharisa is interesting because it is profitable, it has started paying a dividend and it is very cheap, based on earnings. A lot of people were down on South African miners because of the proposed charter, which would force firms to allow locals to own a more significant part of mining companies and would increase royalties. But new president Cyril Ramaphosa has called for that to be reviewed, which could be positive for miners in the area such as Tharisa. Investing in mining firms can be risky, as they are so tied to the price of commodities.