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Home » Karo seeks US$260mln for platinum project
Companies & Markets

Karo seeks US$260mln for platinum project

written by Mishma Chakanyuka, Staff Writer 0 comments
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KARO 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…

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