IN BRIEF: Tharisa obtains ZAR750 million loan for underground mining
Tharisa PLC - Cyprus-headquartered platinum miner - Secures a new ZAR750.0 million, about USD45.5 million, asset-based revolving finance facility from Nedbank Ltd to help the platinum producer transition to underground mining. Tharisa has the option to increase the facility to ZAR1.25 billion, or USD75.8 million. The new facility ensures that Tharisa's underground fleet is fully funded, it says. Read More