Talks stall Karo project

Earlier this year, Karo said improved platinum prices enhanced the viability and confidence around debt financing capacity of its platinum project.

EXTENDED negotiations over fiscal terms between the government of Zimbabwe and South African platinum miner Tharisa have stalled progress on the development of the Karo Platinum Project along the Great Dyke. Tharisa, which holds a controlling 75 percent stake in Karo Mining Holdings (Karo) – the owner of the Karo Platinum Project – has also…

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