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Tharisa nears deal with Zimbabwe for Karo Platinum project
Fiscal terms with the Zimbabwe government were set to be unveiled in the new year which would pave the way for the commissioning of the $380m, 400,000 ounce a year Karo Platinum project in 2027, said Tharisa CEO Phoevos Pouroulis. “There are a few outstanding matters that need to go through various government approval processes, but we’re confident,” said Pouroulis in an interview on Monday. “We were hoping by the end of this calendar year, but failing [that] … early in the new year, we’ll be able to come out officially with the position and the provisions.” Pouroulis said discussions turned on ... (full story)