Karo seeks US$260mln for platinum project

KARO Mining Holdings (Karo) says it is currently in advanced negotiations to raise US$260 million in debt capital for its platinum project in Zimbabwe, with a US$160 million term sheet already agreed upon by a consortium of lenders. This comes amid the development of Karo’s open-pit PGM asset on the Great Dyke. In a statement…

Subscribe to read full article. Subscribe today

Related posts

Zimbabwe pushes for global index inclusion

Caledonia revenue up 16pct

Meikles plans supermarket expansion

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More