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South Africa's Tharisa Capital De-Risks and Funds Acceleration of Zimbabwe's Karo Platinum Project

South Africa's Tharisa Capital De-Risks and Funds Acceleration of Zimbabwe's Karo Platinum Project

Sputnik Africa

South Africa's Tharisa Capital De-Risks and Funds Acceleration of Zimbabwe's Karo Platinum ProjectKaro Holdings is in advanced discussions to secure... 11.07.2025, Sputnik Africa

2025-07-11T15:56+0200

2025-07-11T15:56+0200

2025-07-11T16:04+0200

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South Africa's Tharisa Capital De-Risks and Funds Acceleration of Zimbabwe's Karo Platinum ProjectKaro Holdings is in advanced discussions to secure $225 million in debt financing and $31.2 million from an equity partner to complete the project.Infrastructure work is progressing in line with available funding as of Q2 2025, Tharisa CEO Phoevos Pouroulis said.With an initial 17-year mine life, the Karo Platinum Project in Zimbabwe is expected to produce approximately 200,000 ounces of platinum group metals annually once operational.AI-generated imageSubscribe to @sputnik_africa Sputnik Africa | X

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