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Search results: Karo Platinum project

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...

Tharisa Advances Karo Platinum Project Despite Funding Challenges, Remains Bullish on PGM Outlook

Johannesburg Stock Exchange-listed mining company Tharisa plc continues to advance its Karo Platinum project despite ongoing funding challenges and volatile platinum group metals (PGMs) prices, Mining Zimbabwe can report.By Rudairo MapurangaThe company remains optimistic about the...

Karo platinum project a prime example of local empowerment

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 MapurangaThe project whose groundbreaking exploration was...

Tharisa to raise US$50 million for Karo Platinum project

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...

Karo platinum project taking off with solar power tailwind

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...

Tharisa acquires Karo platinum project in Zimbabwe

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...

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...

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...

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...

Kambamura Sets Year-End Deadline for Resuscitation of Middle Dyke PGM Projects

CAPE TOWN – Zimbabwe's Platinum Group Metals (PGM) sector is on the cusp of a historic expansion, with the government setting an ambitious deadline to bring multiple new projects into production by the end of 2026,...

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...

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...

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