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Karo has already invested US$193M in developing its new platinum mine at Selous. The company is now seeking US$178M in bank project finance, while it has successfully raised US$37M on the VFEX. Once operational, Karo will become Zimbabwe’s third-largest platinum producer, with the government holding a 15% free-carry stake in the project. 2. 🌍 Strategic Advantage The Karo Platinum Project is located along the Great Dyke, a 2.5-billion-year-old geological formation stretching 550 km in length and
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Karo has already invested US$193M in developing its new platinum mine at Selous. The company is now seeking US$178M in bank project finance, while it has successfully raised US$37M on the VFEX. Once operational, Karo will become Zimbabwe’s third-largest platinum producer, with the government holding a 15% free-carry stake in the project. 2. 🌍 Strategic Advantage The Karo Platinum Project is located along the Great Dyke, a 2.5-billion-year-old geological formation stretching 550 km in length and
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