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 Mapuranga The project whose groundbreaking exploration was commissioned by
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 will be applied
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 the first ore
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 Mining Holdings Limited from
Victoria Falls Stock Exchange-listed platinum group metals (PGM) producer, Karo Mining Holdings, has clocked a fatality free million hours. Rudairo Mapuranga According to its audited abridged group results for the year ended September 30, 2023, Karo Mining Holdings, which employs
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 far. Rudairo Mapuranga Speaking
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 student. Rudairo Mapuranga Karo
Victoria Falls Stock Exchange-listed mining company Karo Mining Holdings said it will conduct a trial of unique beneficiation processes to develop its Platinum’s beneficiation capabilities. Rudairo Mapuranga The mining company is working to ensure that it creates a stable and
Victoria Falls Stock Exchange-listed (VFEX) platinum mining company Karo Mining Holdings’ Karo Platinum project in Mhondoro remains on track with major milestones of the first concrete pour and pilot mining already commenced. Rudairo Mapuranga This was revealed by Tharisa plc
Revenue from Zimbabwe’s platinum exports is expected to plummet by 37% to US$413,1 million this year as a result of falling commodity prices and power issues that have disrupted production in the mining sector, a government official has said. The
