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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...

Valterra Platinum Signals Earnings Upswing Ahead of FY2025 Close

Valterra Platinum is expecting a sharp improvement in earnings for the financial year ending 31 December 2025, as higher platinum group metals (PGM) prices and sustained cost savings begin to reflect across the business. By Ryan Chigoche Against...

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...

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...

Platinum Prices Surge 80% Since April as Zimbabwe Stands to Gain

Platinum has reclaimed the spotlight after years in the shadows of lithium and copper. Prices have surged 80% since April 2025, climbing above US$1,650 per ounce — their highest level in more than a decade, Mining...

Tharisa Sets Sights on Higher Platinum Output Amid Soaring Prices

Tharisa has outlined ambitious growth plans for its Platinum Group Metals (PGM) production at a time when platinum prices have climbed to their highest levels in over a decade, Mining Zimbabwe reports.By Ryan ChigocheIn its fourth-quarter...

Mufaro Handirimi’s Innovation Set to Revolutionise Zimbabwe’s Platinum Mining with 14% Downtime Reduction

In an effort to revolutionise operational efficiency and combat costly equipment failures in Zimbabwe’s platinum sector, Midlands State University (MSU) mining engineering graduate Mufaro Handirimi has developed a groundbreaking predictive maintenance system targeting underground drill rigs,...

China-Led Platinum Surge Sets Stage for Strong 2025 Outlook – WPIC

Platinum’s bullish run in 2025 is showing no signs of slowing, driven by soaring investment demand and a resurgence in jewellery buying, particularly in China. By Ryan Chigoche The World Platinum Investment Council (WPIC) says this strong momentum...

Unpacking the 2025 Platinum Price Resurgence: Supply Challenges, Market Dynamics, and Zimbabwe’s Growing Role in PGMs

In 2025, the Platinum Group Metals (PGMs) market is experiencing a notable price rebound. Platinum has surged nearly 25% year-to-date, breaking above US$1,250 per ounce—its highest level in four years.By Ryan ChigocheMeanwhile, palladium trades near US$1,100...

Zimplats Eyes Hartley Mine Comeback After 20 Years as Platinum Prices rebound

Zimplats is considering bringing its mothballed Hartley mine back into production, more than two decades after it was placed under care and maintenance, as stronger platinum prices prompt a review of long-stalled assets, Mining Zimbabwe reports. By...

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