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 report.
By Rudairo Mapuranga
The report comes at a time when the project is navigating both market turbulence and a challenging policy environment.
The CPR was commissioned in accordance with the Johannesburg Stock Exchange (JSE) requirements for listed mineral companies and has been compiled under the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC, 2016 Edition), and the South African Code for the Reporting of Mineral Asset Valuation (SAMVAL, 2016 Edition). The document provides detailed reporting on the project’s Mineral Resources, Mineral Reserves, and its economic valuation.
The Competent Persons responsible for compiling the report are:
- Kenneth Graham Lomberg – Geology and Mineral Resources
- Otto Wilhelm Warschkuhl – Mineral Processing and Reserves
- Jacobus Adriaan Myburgh – Mineral Economics
- Iaan Myburgh – Competent Valuator
The Karo Platinum Project, located approximately 85 km west-southwest of Harare in Zimbabwe’s Mashonaland West Province, is a large-scale PGM (Platinum Group Metals) asset currently under construction. Initial mine development includes the sequential development of four open pits, with ore set to be processed at a 220 ktpm on-site processing facility.
