IN BRIEF: Tharisa signs five-year underground mining contract

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Tharisa PLC - Cyprus-headquartered platinum miner - Says it has concluded a five-year underground mining contract with Cementation Africa Pty Ltd. The contract covers the underground mining development and construction works at the Tharisa Mine, Thaisa says. The signing comes after the first blast late in March, marking the commencement of the development of the first portal at the Tharisa Mine.

‘This agreement represents an important step in unlocking the full potential of our resource base. Cementation Africa’s proven capabilities and safety-focused approach make them an ideal partner as we expand our underground operations,’ Tharisa Chief Executive Officer Phoevos Pouroulis says.

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