Karo seeks US$260mln for platinum project

AdvertisementsKARO 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

NicozDiamond targets tech-driven growth

Padenga invests US$17 million in exploration

FMH taps into informal sector

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