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Tharisa to buy majority stake in Karo PGM project in Zimbabwe

Cyprus-based platinum group metals (PGM) producer Tharisa has executed its option to farm-in and acquired a controlling stake in the holding company of Karo platinum project (Karo Holdings) for total consideration of $27m. Under the terms of the deal, the company will increase its stake in Karo Holdings from 26.8% to 66.3%, by issuing 13.69…
South Africa Mashonaland East Mashonaland West Great Dyke Zimbabwe General Republic Of Zimbabwe

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Tharisa to buy majority stake in Karo PGM project in Zimbabwe

Cyprus-based platinum group metals (PGM) producer Tharisa has executed its option to farm-in and acquired a controlling stake in the holding company of Karo platinum project (Karo Holdings) for total consideration of $27m. Under the terms of the deal, the company will increase its stake in Karo Holdings from 26.8% to 66.3%, by issuing 13.69…
South Africa Mashonaland East Mashonaland West Great Dyke Zimbabwe General Republic Of Zimbabwe

Industrial Minerals

By Jon Stibbs Published: Tuesday, 11 May 2021 Chrome and platinum concentrates producer Tharisa acquired 100% of the shareholding of Salene Chrome Zimbabwe on March 31, it has announced. Tharisa agreed a $3 million acquisition from Leto Settlement of an open-pit chrome project, now at the development stage, in Zimbabwe’s Great Dyke, the company said on Wednesday May 5. Tharisa is based in Europe but operates principally in southern Africa. The Gre...
Great Dyke Zimbabwe General Salene Chrome Zimbabwe Leto Settlement Wednesday May நன்று டைக்
Source: indmin.com

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