Thiess completed the acquisition of 28% Basil Read stake in Majwe Mining JV for

Thiess Botswana and Bothakga Burrow Botswana completed the acquisition of Basil Read 28% interest in the Majwe Mining joint venture owned by its wholly owned subsidiary Basil Read Mining Botswana for R110.5m. The transaction, once finalised, would be the first of several non-core-asset disposals envisaged in Basil Read’s business rescue plan.