Karo Mining secures US$225m financing

The Karo project, still in its pre-revenue generation phase, remains heavily reliant on shareholder support and external funding.

Elton ManguwoStaff Writer Karo Mining House (KMH) is on the brink of securing a US$225 million in debt financing, marking a significant step towards the development of its strategic platinum project located in Zimbabwe’s Great Dyke, a top company official has revealed.This financial backing is expected to expedite the company’s efforts in establishing a strong…

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