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Tharisa gives Karo Platinum financing big push with $130m loan secured by offtake

Tharisa gives Karo Platinum financing big push with $130m loan secured by offtake
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Michael Jones , Phoevos Pouroulis , Zimbabwe Victoria Falls Stock Exchange , Absa Bank , Victoria Falls Stock , Karo Platinum , Tharisa Mine ,

Tharisa PLC reinforces financial position with new debt, as construction at Karo continues

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. ....

South Africa , Tharisa Mine , Minister Chitando ,

Top banks agree to lend US$130m for Karo Platinum mine expansion

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… ....

Victoria Falls , Matabeleland North , Mashonaland West , Michael Jones , Africa Absa Bank , Victoria Falls Stock Exchange , Karo Platinum , South Africa , Absa Bank , Tharisa Mine ,