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Search results: Karo Platinum project
Tharisa Advances Karo Platinum Project Despite Funding Challenges, Remains Bullish on PGM Outlook
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...
Karo platinum project a prime example of local empowerment
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 to raise US$50 million for Karo Platinum project
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...
Karo platinum project taking off with solar power tailwind
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...
Tharisa acquires Karo platinum project in Zimbabwe
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 Poised for Growth Despite Market Challenges
Victoria Falls Stock Exchange (VFEX)-listed platinum group metals (PGM) miner, Karo Mining Holdings (KMH), is navigating challenging market conditions while advancing its flagship Karo Platinum Project, Mining Zimbabwe reports.By Rudairo MapurangaIn its recently released audited financial...
Demand Outstrips Supply: Platinum Market Faces Second Year of Deficit Amid Strong Demand and Supply Challenges
In 2024, the platinum market is experiencing a significant deficit for the second consecutive year, according to the World Platinum Investment Council. This situation is primarily driven by robust demand and ongoing supply challenges. Despite these...
Implats Warns of Platinum Project Risks Amid EV Shift & Price Slump
Impala Platinum (Implats), a significant player in Zimbabwe’s platinum industry through its ownership of Zimplats and Mimosa mines, has expressed concerns about the future of new platinum projects due to a slump in prices and the...
Delay in Tax Agreement and Softening PGM Prices Slows Down the Karo Project
The ambitious Karo Platinum project, spearheaded by Victoria Falls Stock Exchange-listed Karo Mining Holdings (KMH), a subsidiary of Tharisa, has hit a slowdown due to a delay in securing a tax agreement with the Zimbabwean government...
Karo Runs Fatality-Free for Over 1 Million Hours
Victoria Falls Stock Exchange-listed platinum group metals (PGM) producer, Karo Mining Holdings, has clocked a fatality free million hours.Rudairo MapurangaAccording to its audited abridged group results for the year ended September 30, 2023, Karo Mining Holdings,...
Karo project excites government
The government is enthusiastic about the development and plant construction phase of the Karo Platinum project, despite the impact of declining commodity prices on production projections. Over $100 million has been invested in the project so...
Karo donates 223 fruit trees
As part of its Environmental, Social and Governance (ESG) initiatives, Victoria Falls Stock Exchange listed Karo Mining Holdings' Karo Platinum Mine has provided 223 fruit tree saplings to Katawa Primary School equivalent to one for each...
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