(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
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Tharisa (THS)