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Search results: Karo Platinum project
Demand Outstrips Supply: Platinum Market Faces Second Year of Deficit Amid Strong Demand and Supply Challenges
In 2024, the platinum market is experiencing a significant deficit for the second consecutive year, according to the World Platinum Investment Council. This situation is primarily driven by robust demand and ongoing supply challenges. Despite these...
Implats Warns of Platinum Project Risks Amid EV Shift & Price Slump
Impala Platinum (Implats), a significant player in Zimbabwe’s platinum industry through its ownership of Zimplats and Mimosa mines, has expressed concerns about the future of new platinum projects due to a slump in prices and the...
Delay in Tax Agreement and Softening PGM Prices Slows Down the Karo Project
The ambitious Karo Platinum project, spearheaded by Victoria Falls Stock Exchange-listed Karo Mining Holdings (KMH), a subsidiary of Tharisa, has hit a slowdown due to a delay in securing a tax agreement with the Zimbabwean government...
Karo Runs Fatality-Free for Over 1 Million Hours
Victoria Falls Stock Exchange-listed platinum group metals (PGM) producer, Karo Mining Holdings, has clocked a fatality free million hours.Rudairo MapurangaAccording to its audited abridged group results for the year ended September 30, 2023, Karo Mining Holdings,...
Karo project excites government
The government is enthusiastic about the development and plant construction phase of the Karo Platinum project, despite the impact of declining commodity prices on production projections. Over $100 million has been invested in the project so...
Karo donates 223 fruit trees
As part of its Environmental, Social and Governance (ESG) initiatives, Victoria Falls Stock Exchange listed Karo Mining Holdings' Karo Platinum Mine has provided 223 fruit tree saplings to Katawa Primary School equivalent to one for each...
Karo to Trial Innovative Methods for its Platinum’s Beneficiation Advancement
Victoria Falls Stock Exchange-listed mining company Karo Mining Holdings said it will conduct a trial of unique beneficiation processes to develop its Platinum's beneficiation capabilities.Rudairo MapurangaThe mining company is working to ensure that it creates a...
Karo Progress: Concrete Pour & Pilot Mining Launched
Victoria Falls Stock Exchange-listed (VFEX) platinum mining company Karo Mining Holdings' Karo Platinum project in Mhondoro remains on track with major milestones of the first concrete pour and pilot mining already commenced.Rudairo MapurangaThis was revealed by...
Platinum exports expected to decrease 37%
Revenue from Zimbabwe’s platinum exports is expected to plummet by 37% to US$413,1 million this year as a result of falling commodity prices and power issues that have disrupted production in the mining sector, a government...
Gloria Zvaravanhu appointed Karo’s independent non-executive director
Karo Mining Holdings has announced the appointment of Gloria Zvaravanhu as an independent non-executive director and chairperson of the audit committee.
Zvaravanhu is a chartered accountant and has received numerous postgraduate qualifications, including an MBA in Business...
Karo raises us$130million loan by offtake
Tharisa, the chrome and platinum group metals (PGM) miner, raised $130m in a debt facility secured by offtake of its minerals.This follows the listing in December of just over $30m in three-year bonds on Zimbabwe’s Victoria...
30 MW solar photovoltaic (PV) plant for Karo
Total Eren, a renewable energy Independent Power Producer (IPP) based in France and Chariot, the Africa-focused transitional energy company, are pleased to announce that, pursuant to the partnership entered into in November 2021, Total Eren and...
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