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Search results: Karo Platinum project
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...
Tharisa plans a US$50m bond listing on VFEX to develop new Zimbabwe mine
Tharisa, the South African company developing a platinum mine in Zimbabwe, plans to sell US$50 million of bonds on the Victoria Falls Stock Exchange to help finance the project.The miner last month announced a US$250 million...
Zimbabwe in the process of crafting mineral specific policies
Addressing delegates attending the Mine Entra conference in Bulawayo last week, Mines and Mining Development deputy minister Polite Kambamura said in order to support and facilitate envisaged sustainable mineral development, government, through his ministry, was in...
Zimbabwe’s Royalty Regime: A Competitive Disadvantage for a Nation’s Mineral Wealth?
Zimbabwe's mining sector stands at a fiscal crossroads, with the recent and proposed increases in mineral royalty rates, designed to capture greater state revenue during commodity booms, triggering profound concern across the industry, Mining Zimbabwe can...
An Exclusive Interview with Eng. Experience Kagodi, Mine Manager – Bikita Minerals
As Zimbabwe strengthens its position in the global battery minerals value chain, Bikita Minerals continues to stand out as a pioneer in lithium production and innovation. Under the leadership of Engineer Experience Kagodi, the mine has...
South African Companies Playing a Vital Role in Zimbabwe’s Mining Landscape
South African mining companies play a significant role in Zimbabwe’s mining industry through significant investments, ownership of key assets, and participation in joint ventures across platinum, gold, and infrastructure sectors.Platinum Powerhouses: Implats, Sibanye, Valterra and Tharisa
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World Bank Flags Global Slowdown and Falling Commodity Prices, Casting Shadow Over Zimbabwe’s Mining Prospects
Zimbabwe’s mining sector, a cornerstone of the national economy, faces increasing headwinds as the World Bank projects global economic growth to slow to 2.3 per cent in 2025—the weakest rate since the 2008 financial crisis. This...
Caledonia Raises More Capital on VFEX Than NYSE
In a striking development that speaks volumes about Zimbabwe's evolving financial landscape, Caledonia Mining Corporation Plc has revealed that it has raised more equity capital on the Victoria Falls Stock Exchange (VFEX) than on the prestigious...
PGM Sector Grapples with 77% Effective Tax, Power Woes, and Currency Losses — Kwesu
Zimbabwe’s Platinum Group Metals (PGM) sector, a major foreign currency earner second only to gold, is reeling from a combination of suppressed global prices, power supply fragility, and a punishing effective tax burden now estimated at...
Zimbabwe Mining in 2024 – a quick overview
The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues.By Rudairo MapurangaIn 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of...
Salene Chrome Maintains Care and Maintenance Status
Salene Chrome Zimbabwe (Private) Limited, a subsidiary of Tharisa, remains on care and maintenance as of the financial year ending 30 September 2024. Despite delays in the start-up of operations, Salene Chrome is maintained as a...
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