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Tharisa gives Karo Platinum financing big push with $130m loan secured by offtake miningmx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miningmx.com Daily Mail and Mail on Sunday newspapers.
In uncertain times like these, production beats exploration in the mining industry - hands down. But, for a junior or mid-cap company like Tharisa PLC. ....
Tharisa, the JSE-listed miner currently building the Karo Platinum mine in Zimbabwe, says it has raised US$130 million in a debt facility secured by production. The company, which began work on the US$391 million platinum project at Selous last year, said the facility from France’s Société Générale and South Africa’s Absa Bank has a 42-month… ....