Search results: Karo Platinum project

Johannesburg Stock Exchange-listed mining company Tharisa plc continues to advance its Karo Platinum project despite ongoing funding challenges and volatile platinum group metals (PGMs) prices, Mining Zimbabwe can report.By Rudairo MapurangaThe company remains optimistic about the...

Tharisa's Karo Platinum Group Metals (PGM) Project in Mhondoro Ngezi has proven to be one of the favourites with 99 per cent of employees and contractors being from within Zimbabwe.Rudairo MapurangaThe project whose groundbreaking exploration was...

Tharisa has announced the opening of a fixed-income note offer by Karo Mining Holdings, a subsidiary of Tharisa, to raise US$50 million to be listed on the Victoria Falls Stock Exchange (VFEX).The proceeds from the Bond...

A multi-phased development approach is being adopted at the Karo Platinum project in Zimbabwe, where a 17-year opencast mine is to be built with a timeline to deliver its first ore to mill in July 2024. “In July 2024, we will put...

Platinum producer Tharisa Plc has acquired a controlling stake in a platinum group metals (PGMs) project in Zimbabwe which will eventually double its output, it said on Thursday. Tharisa exercised an option to increase its stake in...

Karo Platinum, a Zimbabwean platinum group metals (PGM) project owned by Tharisa, is ramping up construction at its Chegutu site as it works to close a $165 million funding round critical to completing the first phase. By...

Karo Platinum has announced a multi-pronged strategy to mitigate Zimbabwe’s chronic power shortages, including strengthening regional grid access and investing in renewable energy infrastructure to support its mining operations in Mashonaland West Province. By Ryan Chigoche The emerging...

Karo Platinum’s Environmental and Social Governance (ESG) arm is constructing a US$5 million dam to support sustainable water supply and biodiversity protection in its platinum mining concession in Mhondoro-Ngezi, with commissioning scheduled for the first quarter...

Zimbabwe’s emerging platinum group metals (PGM) development project, Karo Platinum, is preparing to issue a new bond on the Victoria Falls Stock Exchange (VFEX) as it pushes ahead with the next phase of project development, Mining...

Tharisa Plc, the majority shareholder in Karo Platinum (Private) Limited, has reinforced its commitment to compliance and transparency by publishing an Independent Competent Persons’ Report (CPR) on the Karo Platinum Project in Mhondoro, Mining Zimbabwe can...

The commissioning of the Karo Platinum Project in Zimbabwe has been delayed several times, primarily due to falling platinum group metal (PGM) prices and related funding challenges. By Ryan Chigoche Originally scheduled for July 2024, the project was...

Tharisa plc-owned Karo Platinum has retrenched 16 permanent employees and terminated the contracts of several contractors as part of its strategic decision to optimize costs in response to the continued depression of platinum group metal (PGM)...