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Karo mining zimbabwe email address Karo Platinum Zimbabwe 2nd Floor Old Mutual Centre Corner 3rd Street and Jason Moyo Avenue Harare Zimbabwe ; Telephone:+263 8677009935 ; Telephone: +263 242701761 ; Email: info@karomining. The mining cut selection ensure that the targeted reef within the defined ore body was selected to achieve the same grade produced in the whittle optimisation process. The development includes value engineering, mining, and process optimization running concurrently. 66% stake in Karo Mining but is set to increase its shareholding to 80% with further equity investments. 2nd Floor, Old Mutual Centre . Project location. On 31 March 2022, Tharisa plc exercised its farm-in option and acquired a controlling interest in Karo Mining. A joint venture between Karo Mining Holdings (85%) and Generation Minerals (15%), a Republic of Zimbabwe special purpose vehicle (SPV), the Karo Platinum project has an initial life of 17 years with less than 10% of the 23 903 Feb 20, 2025 · Karo Mining Holdings, a Victoria Falls Stock Exchange-listed platinum miner once touted as a game-changer for Zimbabwe’s mining sector, is reportedly cutting jobs and delaying key projects amid financial strain. Tharisa has exercised its farm-in option to acquire a Karo Mining Holdings plc Registration number HE380340 Registered address Office 109, Sofoklis Pittokopitis usiness entre, 17 Neophytou Nicolaides and Kilkis Streets, 8011, Paphos, Republic of yprus Telephone +357 26 257052 Facsimile +357 26 913377 Email secretarial@karomining. With PGMs priced between $1,400 and $1,500 per ounce, annual revenues could reach $300 million, equivalent to nearly 1% of Zimbabwe’s GDP. Karo Mining has reportedly launched its $4. All ESIAs have been developed to meet the requirements set out in the Zimbabwean Environmental Management Act and IFC standards. We believe that our success lies in the dedication and expertise of our exceptional team. The Great Dyke is a PGM bearing geological feature that runs from north to south direction, and it is approximately 550 km in length and up to 11 km wide, second to the Bushveld Complex of South Africa in terms of its PGM resource base. The Great Dyke is a major PGM-bearing geological formation stretching approximately 550 km from north to south and up to 11 km wide. By Rudairo Mapuranga Karo Project (CPEX-KP229-20002) Concentrator, Smelter, Mining, Infrastructure and Electrical . 5-billion-year-old layered igneous intrusion comprising igneous rocks ranging in Apr 21, 2023 · Tharisa is a 70% shareholder in Karo Mining, which, in turn, indirectly owns 85% of the Karo Platinum project, with the government of Zimbabwe holding the remaining 15% of the project on a free 3 days ago · Karo Mining has announced a delay in the commissioning of its US$391 million platinum mine, now expected to begin production in the second half of 2026. for . By Ryan Chigoche The Karo Platinum Mining Lease (ML) for Platinum Group Metals (PGMs) was issued on 12 March 2021 covers an area of 23 908 hectares (ha) along the Great Dyke, in the and Mhondoro-Ngezi PGM Belt near Selous in Chegutu District, Zimbabwe. 2bn platinum mine, located in the Mhondoro-Ngezi platinum belt in Chegutu, Zimbabwe. 8% to 66. Project Owner/s Karo Platinum, which is jointly owned by the government of Zimbabwe and Karo Mining May 28, 2025 · Karo Platinum is a project under Karo Mining Holdings, which is owned by Tharisa Plc. Mining, Karo's processing plant and the Tailings Storage Factility (TSF) Karo's power supply; Karo's water supply; The construction of a 5 000 megalitre dam on the Chirundazi river. It hosts one of the world’s largest PGM resources, second only it is second to the Dec 13, 2022 · OFFICE. The message, which includes a lengthy list of job positions available in the administrative, […] Apr 9, 2025 · Once operational, the Karo Project is expected to add approximately 200,000 ounces of PGMs annually, doubling Tharisa’s current output from its Tharisa Mine. Land has been allocated for a 300 MW solar plant to serve the project, the 12-month design and construction period for which began on July 1. As the company navigates a tough global market and Zimbabwe’s challenging regulatory terrain, the Karo Platinum Project remains central to Tharisa’s long-term strategy. The company reported positive developments in its negotiations, with term sheets Tharisa hold 75% of Karo Mining Holdings, as a result of having provided significant capital for the development of the project. He is currently the Country Manager for Zimbabwe and has been involved with the Karo project since its inception. The Great Dyke bisects the country in a north-north-east orientation and is a 2. Contact info. com Zimbabwe has a long history of safe and successful mining, and Karo is set to be a significant contributor to both GDP and delivering a sustainable, long-life integrated mining operation through Tharisa’s proven world class development approach for projects such as Karo. Tharisa is a 70%shareholder in Karo Mining, which in turn, indirectly owns 85% of the Karo platinum project Concentrator, Smelter, Mining, Infrastructure and Electrical for the KARO GRADE CONTROL RC DRILLING IN OPEN CAST PIT. Construction of the plant began on December 7, 2022, with progress continuing steadily. The Project is located in the Mashonaland West province of Zimbabwe, approximately 80 kilometres (km) southwest Mar 31, 2022 · 20 April 2023 Karo Mining Holding – Zimbabwe Capital Markets Conference 12 October 2022 Karo Platinum update – FY2022 production results 31 March 2022 Karo PGM project – development of tier 1 PGM asset Karo Mining Holdings plc Registration number HE380340 Registered address Office 109, Sofoklis Pittokopitis usiness entre, 17 Neophytou Nicolaides and Kilkis Streets, 8011, Paphos, Republic of yprus Telephone +357 26 257052 Facsimile +357 26 913377 Email secretarial@karomining. Oct 6, 2023 · Tharisa is a 70% shareholder in Karo Mining, which, in turn, indirectly owns 85% of the Karo Platinum project, with the government of Zimbabwe holding the remaining 15% of the project on a free May 6, 2025 · Tharisa Plc, the majority shareholder in Karo Platinum (Private) Limited, has reinforced its commitment to compliance and transparency by publishing an Independent Competent Persons’ Report (CPR) on the Karo Platinum Project in Mhondoro, Mining Zimbabwe can report. May 27, 2022 · Karo Platinum, which is jointly owned by the government of Zimbabwe and Karo Mining Holdings. Corner 3rd Street and Jason Moyo Avenue, Harare, Zimbabwe . Jan 11, 2025 · Karo Mining has announced a delay in the commissioning of its US$391 million platinum mine, now expected to begin production in the second half of 2026. Get the latest business insights from Dun & Bradstreet. Total Eren, a leading France-based renewable energy Independent Power Producer and Chariot Limited (’Chariot’), the Africa focused transitional energy group, were in attendance, with Total Eren having signed a Memorandum of Understanding (MOU) to partner on and develop, finance, build and operate a 30 MWp solar photovoltaic (PV) project The Great Dyke, which hosts the Main Sulphide Zone ('MSZ') is an elongated, slightly sinuous, 550 km long, layered igneous intrusion, with a width of 4 – 11 km, in central Zimbabwe. Registered office: Portion 8 Farm 342 JQ Marikana 0284 Tharisa Mine Marikana Telephone: +27 14 572 0700 Apr 18, 2025 · The Great Dyke, in the Mashonaland West district of Zimbabwe. Tharisa currently holds a 70% stake of Karo Mining with Medway Settlements holding the balance. Oct 17, 2022 · “In July 2024, we will put the first ore in mill,” Karo Mining Holdings MD Bernard Pryor told a project update presentation covered by Mining Weekly. 3% in an all-share deal valued at Oct 13, 2022 · South African mining firm Tharisa is planning to invest $391m to develop the Karo platinum group metal (PGM) mine in Zimbabwe, as reported by Reuters. Office 108-110 Sofokolis Pittokopitis Business Centre 17 Neophytou Nicolaides and Kilkis Streets, 8011, Paphos, Cyprus. The project comes at a time when the government under President Emmerson Mnangagwa is working on the revival of the country’s economy after the end of his predecessor’s Jan 9, 2025 · This underscores KMH’s dedication to advancing its mining project despite market volatility. 2017 Zimplats had declared an indicated and inferred resource over the Karo project area, with the last declaration made in June 2017. In a statement There will be an owner's team geology and MRM department for the oversight and control of the mining operations. The Karo project is a joint venture between Karo Mining Holdings (85%) and Generation Minerals (15%), a Republic of Zimbabwe Special Purpose Vehicle (SPV). The scam message lists various job positions and urges applicants to contact the recruitment team via phone or email. Tharisa is a 70% Karo Mining Holdings | 21,960 followers on LinkedIn. Jan 6, 2025 · Source: Karo eyes US$225m debt funding for project -Newsday Zimbabwe KARO Mining Holdings is at an advanced stage to secure a US$225 million debt funding for the completion of the construction of its platinum project gathers steam. Our RFP documents clearly stipulate how tenders are to be submitted. This project will establish a large scale vertically integrated Platinum Group Metals (PGMs) mining complex in Zimbabwe | Karo Platinum is the May 29, 2025 · Karo Platinum’s Environmental and Social Governance (ESG) arm is constructing a US$5 million dam to support sustainable water supply and biodiversity protection in its platinum mining concession in Mhondoro-Ngezi, with commissioning scheduled for the first quarter of 2026, Mining Zimbabwe can report. A USS$65 million […] Tatenda Shayamunda, based in Zimbabwe, is currently a Control Room Operator at Premier African Minerals. Oct 15, 2021 · The project is situated on the Great Dyke, in the Mashonaland West district of Zimbabwe. Oct 3, 2023 · London- and JSE-listed Tharisa Mining subsidiary Karo Mining, in Zimbabwe, has confirmed that the first concrete pour at the Karo mining project took place in June after construction of bulk Karo Platinum is the newest low-cost, open-pit PGM asset under construction and located on the Great Dyke in Zimbabwe. A USS$65 million equity line availed by Karo Mining Holdings in prior year was fully utilised for the project, it said. Karo Platinum (Private) Limited (Registration Number: 7187/2013) (hereinafter referred to as the "Employer") of . May 23, 2025 · KARO Platinum has completed earthworks at its new mine in Ngezi and is in advanced talks to raise an additional $165 million to complete the project, which has faced significant delays due to low Dec 12, 2022 · Karo Platinum is the newest low-cost, open-pit PGM asset currently under construction on Zimbabwe’s renowned Great Dyke. The company currently holds a 70% stake in Karo Mining Holdings, which owns the Karo PGM project on Zimbabwe’s Great Dyke. Discover exciting career opportunities with Karo Mining. Its long-term vision aligns with Zimbabwe’s economic development strategy and is expected to contribute to employment creation, infrastructure development, and forex generation. 2 nd Floor Old Mutual Centre Corner Jason Moyo and 3 rd Street, Harare, Zimbabwe I am a passionate entrepreneur and visionary with expertise in human resources, dedicated to building organizations that empower people and serve with excellence. Located around 100km In October 2019, the Zimbabwe Special Economic Zones Authority (Zimseza) a portion of Selous measuring 50 667 hectares as a special economic zone (SEZ). Karo Mining Holdings controls an indirect 85% of the shareholding of Karo Platinum with the Republic of Zimbabwe (through Generation Minerals Private Limited) holding the remaining 15% on a free funded carry basis. com Jan 7, 2025 · KARO Mining Holdings is at an advanced stage to secure a US$225 million debt funding for the completion of the construction of its platinum project gathers steam. In January 2014, the Government of Zimbabwe issued an expression of interest for companies to further develop PGM opportunities, to which Karo submitted an expression of interest. Tatenda Shayamunda brings experience from previous roles at Karo Mining Holdings, AMLEC GOLD MINE and Metallon Corporation. Josephat is a Fellow of the Zimbabwe Academy of Sciences and a Past President of the Africa Materials Research Society (AMRS). POSTAL ADDRESS. The zone is located on certain pieces of land covered by grants issued to Karo and various subsidiaries. Zimbabwe is currently the 3rd largest producer of PGMs, with annual production from the Great Dyke of approximately 500 000 ounces in 2022, and a plan to increase production three‑fold by 2030. com Dec 12, 2022 · Karo Platinum is the newest low-cost, open-pit PGM asset currently under construction on Zimbabwe’s renowned Great Dyke. The basis of the scheduling model is the selection of a mining cut. com Karo Platinum Project returns will be further enhanced should current studies to utilise the base metal reef, rich in copper, nickel and cobalt, yield positive results. By Rudairo Mapuranga Oct 20, 2023 · Tharisa is a 70% shareholder in Karo Mining, which, in turn, indirectly owns 85% of the Karo platinum project, with the government of Zimbabwe holding the remaining 15% of the project on a free Oct 14, 2022 · A multi-phased development approach is being adopted at the Karo Platinum project in Zimbabwe, where a 17-year opencast mine is to be built with a timeline to deliver its first ore to mill in July Find company information, contact details, financial data & company linkages for KARO PLATINUM MINES(PRIVATE) LIMITED of Harare, Zimbabwe. Jan 8, 2025 · KARO Mining Holdings is in the advanced stages of securing US$226 million in debt funding to finalise the construction of its ambitious mining project in Zimbabwe. Tatenda Shayamunda holds a 2013 - 2015 Zimbabwe School of Mines. Project Owner/s Karo Platinum, which is jointly owned by the government of Zimbabwe and Karo Mining Holdings. Its partnership with the Government of Zimbabwe, which holds a 15% free-carry stake in the Karo Platinum Project, reflects a commitment to sharing project benefits with the local community. My mission is to inspire others through innovative business Find company research, competitor information, contact details & financial data for KARO PLATINUM MINES(PRIVATE) LIMITED of Harare. Feb 19, 2025 · Tharisa plc-owned Karo Platinum has retrenched 16 permanent employees and terminated the contracts of several contractors as part of its strategic decision to optimize costs in response to the continued depression of platinum group metal (PGM) prices, Mining Zimbabwe can report. V3 for Karo Platinum (Private) Limited (Registration Number: 7187/2013) (hereinafter referred to as the "Employer") of 2nd Floor, Old Mutual Centre Corner 3rd Street and Jason Moyo Avenue, Harare, Zimbabwe TENDER NO: M041 May 30, 2025 · At full capacity, Karo is expected to produce 200,000 ounces of PGMs per year, contributing nearly 20% of Zimbabwe’s national output. At Karo Mining Holdings, we are proud to be leaders in the mining sector, constantly pushing boundaries and unlocking the Earth's hidden treasures. Login Karo Mining Holdings | 21,691 followers on LinkedIn. Figure 1: Illustrative location of the Karo Platinum Project 6 days ago · Karo Platinum has announced a multi-pronged strategy to mitigate Zimbabwe’s chronic power shortages, including strengthening regional grid access and investing in renewable energy infrastructure to support its mining operations in Mashonaland West Province. Beyond my professional pursuits, I am a committed family man and a witness for Jesus Christ, striving to integrate faith, leadership, and integrity in every area of life. The balance of US$31,2 million is coming through an equity partner, the company has said. Jul 15, 2024 · Karo Platinum is jointly owned by the government of Zimbabwe and Karo Mining Holdings. Additionally, the company expects to raise a further US$31,2 million from an equity partner, signalling significant progress in its funding strategy. The postponement is attributed to a global decline in Platinum Group Metal prices, compelling the company to reassess its construction timeline and funding strategies. . for the . Mar 31, 2022 · Tharisa acquires Karo platinum project in Zimbabwe. May 27, 2025 · CONTACT US 4th floor Fidelity Life Towers, Harare +263 772 701 730 RSA Johannesburg Exxusia Trading and Consulting Oct 12, 2022 · Tharisa, a co-producer of chrome concentrates and PGMs in South Africa, owns 70% of Karo Mining Holdings, developer of the Karo PGM project on Zimbabwe’s Great Dyke, about 100 kilometres south Dec 16, 2022 · Tharisa is a 70% shareholder in Karo Mining, which, in turn, indirectly owns 85% of the Karo Platinum project, with the government of Zimbabwe holding the remaining 15% of the project on a free Oct 18, 2024 · Tharisa is a 70% shareholder in Karo Mining, which, in turn, indirectly owns 85% of the Karo platinum project, with the government of Zimbabwe holding the remaining 15% of the project on a free Dec 14, 2023 · Karo Platinum. Jan 9, 2025 · Tharisa currently holds a 76. Tatenda Shayamunda has 1 emails on RocketReach. KMH is also positioning itself as a leader in sustainable mining. Reuters Tharisa exercised an option to increase its stake in Karo Mining Holdings Limited from 26. Karo Platinum is the newest low-cost, open-pit PGM asset under construction and located on the Great Dyke in Zimbabwe. Tharisa has a stake in Karo Mining Holdings. Get into your account. Josephat has been with the Tharisa Group for more than 13 years and has served in various capacities. Bulk Fuel Supplier. A joint venture between Karo Mining Holdings (85%) and Generation Minerals (15%), a Republic of Zimbabwe special purpose vehicle (SPV), the Karo Platinum project has an initial life of 17 years with less than 10% of the 23 903 ha project area having been Jan 9, 2024 · A fake text message is making rounds on WhatsApp claiming there is a Massive intake at Anglo American’s Unki Mine in Shurugwi. Dec 2, 2022 · Qualifying suppliers and contractors will be considered by our procurement department. This project will establish a large scale vertically integrated Platinum Group Metals (PGMs) mining complex in Zimbabwe | Karo Platinum is the newest low-cost, open-pit PGM asset under construction and located on the Great Dyke in Zimbabwe. TENDER NO The Karo project is being developed by Tharisa plc, the majority shareholder, as part of its growth strategy. Contact info. buuue qrvx vlyjouc jxg qswrl ahujpc pxyao qregb aznm ljisbq