Karo project gets platinum price boost

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

KARO Mining Holdings says improved platinum prices enhanced the viability and confidence around the debt financing capacity of its platinum project in Zimbabwe. The project, with a funding requirement of US$499 million, saw construction work delayed due to a significant platinum price decline in 2024. Prices, however, improved by 45 percent in 2025 to US$1…

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