Karo Mining secures US$225m financing

The first-phase operations are expected to commence in the second half of next year and will employ around 1 000 people and produce 226 ounces of platinum annually.

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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