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Search results: karo
Karo Platinum to Build First-of-Its-Kind TSF with Advanced Safety in Zimbabwe’s PGM Sector
Karo Platinum, Zimbabwe’s most promising platinum group metals (PGM) Tier 1 asset, is set to construct a tailings storage facility (TSF) that will feature advanced safety and stability measures as the company leverages its open-pit mining...
Zimbabwe Backs Karo Platinum as Signature Mining Project with Full Government Support
The Government of Zimbabwe, through the Ministry of Mines and Mining Development, has pledged continued fiscal and policy support to the Karo Platinum Project to ensure its success, hailing it as a signature investment, Mining Zimbabwe...
Spanish firm rolls in to anchor US$499m Karo Platinum development
Tharisa Plc has taken a decisive step toward advancing its long-delayed Karo Platinum Mine in Zimbabwe after awarding a key mining contract to Spanish engineering firm EPSA, effectively anchoring the US$499 million development as it moves...
Karo Mining Cuts FY2025 Loss as Platinum Price Recovery Revives Project Momentum
Karo Mining Holdings Plc, the VFEX-listed investment company developing the Karo Platinum Project in the Great Dyke, reduced its consolidated loss in the year ended 30 September 2025, reflecting firmer platinum prices and a stabilisation of...
Green Light for Karo’s US$50m Debt Restructuring: Bondholders Endorse Extended Tenor and Higher Yield
The country’s emerging platinum group metals (PGM) producer, Karo Mining Holdings plc, has successfully secured the necessary bondholder approval to restructure its VFEX-listed US$50 million bond for the US$4.2 billion Karo platinum project in Mhondoro-Ngezi, Mining...
Tharisa Confident in Recovering PGMs Market as Karo Platinum Project Stays on Course
JSE-listed South African mining company Tharisa has reaffirmed its confidence in the Platinum Group Metals (PGMs) market as it advances the Karo Platinum Project, citing strong global demand fundamentals and a structurally balanced market, Mining Zimbabwe...
Karo Mining Seeks Bondholder Nod for Debt Restructuring
Victoria Falls Stock Exchange-listed emerging platinum group metals (PGM) producer Karo Mining Holdings has called upon its bondholders to approve three critical amendments to its existing bond terms, seeking an extension of the debt tenure, an...
Karo Platinum Unveils Energy Strategy to Tackle Zimbabwe’s Power Deficit
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 Advances Project as It Seeks $165M to Complete Zimbabwe’s Next Major PGM Operation
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 Building US$5 Million Dam Project Set for 2026 Commissioning
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...
Karo Moves Toward New Bond Listing as Investor Interest Grows
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...
Karo Platinum Upholds Compliance Amid Market Headwinds
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...



