Tharisa awards underground contract to Cementation Africa
2026-05-08
Tharisa Minerals has awarded a pivotal five-year underground mining contract to Cementation Africa, marking a significant strategic shift towards unlocking the long-term, multi-generational potential of its Tharisa Mine in South Africa. This agreement, structured on an innovative alliance-style model, builds on Tharisa's recently announced $547 million investment into underground platinum group metals (PGM) mining and aims to extend the mine's life and enhance operational performance within the prolific Bushveld Complex. The transition will see open-pit operations continue in parallel with new underground development, securing access to deeper mineralized zones.
