Zimbabwe platinum project key to Tharisa ADR programme
London-listed resources group Tharisa says its Karo Platinum (Karo) project in Zimbabwe will play a crucial role in its Level 1 American Depositary Receipt (ADR) programme, with JP Morgan appointed as the depositary bank.
Tharisa’s Karo project on course, fiscal terms with Zim govt near conclusion
“Good progress has been made in terms of the Karo funding…(which) is subject to final agreement with the government of Zimbabwe on the fiscal stability agreements which are nearing conclusion.”