Tharisa, MCC Contracts deal receives competition commission approval

July 6, 2017

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Tharisa Minerals’ R303.3-million deal to acquire equipment and infrastructure from MCC Contracts has been approved by the Competition Commission. The companies entered into an agreement in May, with Tharisa intending to transition from a contract-mining to an owner-mining model through the acquisition of MCC’s existing equipment, strategic components, site infrastructure and spare parts at the mine.

Category: General