Africazine:
Tharisa has secured a pivotal contract to enhance its underground mining operations in South Africa.
The Johannesburg- and London-listed company has signed a five-year agreement with Cementation Africa for underground mining development at its chrome and platinum group metals mine near Rustenburg. This contract is structured on an alliance model, emphasizing collaboration and transparency between the two parties.
Tharisa’s Strategic Shift to Underground Mining
This agreement signifies a major milestone for Tharisa as it transitions to underground mining operations. The partnership aims to unlock the multi-generational potential of the Tharisa mine orebody. Tharisa successfully completed its first blast on March 31, marking the beginning of development for the first portal.
The collaboration is expected to enhance operational efficiency and improve access to deeper orebodies, thereby extending the mine’s life. Tharisa emphasizes that Cementation Africa’s technical expertise and commitment to safety make them an ideal partner for this venture.
South Africa: Key figures on underground mining development
- Five-year contract with Cementation Africa
- Completion of the first blast on March 31
Ongoing Operations and Future Prospects
While the underground development progresses, open-pit operations will continue at the Tharisa mine. This dual approach allows Tharisa to maximize resource extraction while transitioning to more sustainable mining practices.
Next Steps in Tharisa’s Mining Expansion
- Continue open-pit operations during underground development
- Monitor the progress of the underground mining development
This contract marks a significant advancement for Tharisa in unlocking the full potential of its mining resources.
