Copper 360 awards ZAR 874 million Rietberg mine contract to Cementation Africa

• Copper 360 awarded Cementation Africa an underground mining contract at the Rietberg mine valued at about ZAR 874 million, excluding VAT.
• Term set at 51 months, including mobilisation from July 1, 2026, with production scheduled to start on Sept. 1, 2026.
• Work covers underground development and long-hole open stoping at the 400 level, delivering run-of-mine ore to the Nababeep processing facility.
• Ramp-up targets 12,000 tonnes per month initially, rising to 35,000 tonnes per month at steady state.
• Contract uses an open-book, cost-plus-fee alliance model with a pain-gain mechanism tied to cost and schedule performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Copper 360 Ltd. published the original content used to generate this news brief via SENS, the regulatory disclosure system operated by the Johannesburg Securities Exchange (JSE) (Ref. ID: S524112), on July 14, 2026, and is solely responsible for the information contained therein.