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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 75.50

Bid: 74.00

Ask: 77.00

Change: 0.30 (0.40%)

Spread: 3.00 (4.054%)

Open: 76.00

High: 76.00

Low: 75.80

Prev. Close: 75.50

THS Live Price

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Tharisa Settles Four-Year Wage Agreement At Mine With Workers' Unions

Mon, 14th Dec 2020 11:17

(Alliance News) - Tharisa PLC on Monday announced that it had concluded a four-year wage agreement with the main unions at its Tharisa Mine just west of Rustenburg.

The platinum and chrome miner said a market related four-year collective agreement on terms and conditions of employment has been concluded with the Association of Mineworkers & Construction Union, National Union of Mineworkers and Solidarity.

The agreement is effective from July 1 of this year, until June 30, 2024.

Tharisa did not give specific details of the agreement.

Tharisa shares were up 1.9% at ZAR0.35 each in Johannesburg on Monday. In London, its shares were 2.9% higher at 97.25 pence.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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