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Search results: Karo Platinum project

Tharisa due to consider Selous PGM project proposal by end of year

THARISA said it was due to present a development proposal for a platinum group metals (PGM) mine in Zimbabwe before the year-end after resuming drilling on the project at the end of last year and completing technical...

Major mining projects coming on stream

Gold mining companies have asked Government to facilitate access to loans needed to increase production and ensure the country achieves its targeted 100-tonne output by 2030.The metal is Zimbabwe’s second-biggest export earner after platinum.Both gold and...

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,...

CBZ Commits US$254 Million Despite Mining Sector Risk, Eyes Bigger Role in Funding Gap

One of Zimbabwe’s largest financial institutions, CBZ Holdings, says it has invested a substantial US$254 million into the country’s mining sector — a bold commitment made in the face of perceived high sectoral risks and persistent...

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