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Search results: Karo Platinum
Use it or lose it – Cabinet directs Chitando to look into Platinum Project
In a bid to boost the mining sector by expanding production of metals such as platinum and chrome, Zimbabwe is following up on projects that have not yet become operational and curbing exports of unprocessed minerals.The...
Karo to begin mine construction
Karo Resources, one of the biggest investors in the new dispensation, will soon start mine construction work at one of its envisaged four mining portals in Mashonaland West, The Sunday Mail Business has learnt.The miner inked...
Platinum – mining, uses, pricing and regulation in Zimbabwe
Platinum is a rare metal found in the earth’s crust at 0.005ppm. According to Louis XV of France, platinum is the only metal meant for a king. It is found in iron, nickel and copper ores...
ACHIEVING THE 50-TON PLATINUM TARGET BY 2030: CHALLENGES AND GROWTH IMPERATIVES
ACHIEVING THE 50-TON PLATINUM TARGET BY 2030: CHALLENGES AND GROWTH IMPERATIVESby Lyman MlamboIntroductionZimbabwe has the world’s second-largest reserve of PGMs in the Great Dyke after South Africa’s Bushveld Complex. There is also potential elsewhere outside the...
SA miner has right to all of $4.2bn Zimbabwe platinum mine
Tharisa, a publicly-traded South African platinum and chrome miner, has the right to take over a platinum mine project in Zimbabwe that could ultimately cost $4.2 billion.The company in June last year paid $4.5 million for...
Zimbabwe awards platinum concession to firm linked to Nigerian billionaire
Zimbabwe has awarded a concession to explore for and mine platinum to a company linked to a Nigerian billionaire as the country speeds up investment in a mining sector it hopes will transform the country's struggling...
Zimbabwe attracts two new investors to develop platinum mining projects
Zimbabwe will in coming weeks name two new investors who will develop separate platinum mining projects west of the capital as the country ramps up mining output in an attempt to ease a severe dollar shortage,...
Karo unsure of the viability of its project
Exploration work at Karo Platinum still underway, however, the mining company is still unsure of the viability of its much-touted USD4,2 Billion project.Zimbabwe has the second largest platinum deposits in the world after South Africa and...
Karo Resources still operating within set timelines
Karo Resources, which has established a huge camp at its platinum mining claims in Mhondoro-Ngezi, is still operating within set timelines, which envisage that production will begin next year, a Cabinet Minister has said.The company signed...
Zim to double platinum production
ZIMBABWE is on course to double platinum production by 2023 as well as value add the mineral through the construction of local base and precious metal refineries, Mines and Mining Development Minister Winston Chitando has said.Zimbabwe,...
Tharisa PLC Focuses on Value Engineering to Navigate Challenging PGM Pricing Environment
Tharisa PLC, a Johannesburg Stock Exchange (JSE)-listed metals miner and the parent company of Karo Mining Holdings, stated in its Q1 2025 update that it will continue to evaluate and implement value engineering opportunities at its...
Tharisa Repurchases General Shares for US$5 Million
Tharisa held its annual general meeting on February 21, 2024, where shareholders approved a special resolution authorising the Company to undertake a general repurchase of ordinary shares, up to 10% of the 302,596,743 ordinary shares in...