US$300 million bond takes Tharisa to next step
Until Northam Platinum unveiled plans last month to grow production by 50%, its smaller counterpart, Tharisa, was something of a rarity in the platinum group metals (PGM) industry. Tharisa’s Karo Platinum project in Zimbabwe is set to double the group’s PGM production to just under 400,000 ounces a year. Yet, unlike Northam, Tharisa has struggled […]
Tharisa seals $300m funding for Zimbabwe platinum project
Tharisa has secured the $300m bond needed to complete its Karo Platinum project in Zimbabwe, removing uncertainty over how it would fund the remaining cost of the $545m mine.
Can Africa seize its moment in the race for critical minerals?
The intensifying global competition for critical minerals could be a transformative moment for Africa.
Zimplats investments reach US$2,5 billion in Zimbabwe’s PGM sector
Zimplats has invested more than US$2,6 billion cumulatively in Zimbabwe since commencing operations in 2001, with the platinum producer pursuing a long-term expansion strategy aimed at building a fully integrated and globally competitive mining business.
Zimbabwe platinum producers owed $228m in unpaid export earnings
Zimbabwe’s government owes platinum miners $228-million in unpaid export income under its foreign currency retention system, exerting pressure on a sector recovering from a price collapse, an industry executive said on Friday.
Zim’s Mimosa revives $130m platinum project after price rebound
Zimbabwe’s Mimosa platinum mine, jointly owned by Impala Platinum and Sibanye-Stillwater, is reviving its $130-million North Hill life-extension project after a rebound in metal prices, an executive said on Thursday.
Zim targets global energy transition drive: Classifies lithium, uranium, rare earths as strategic minerals
The Zimbabwean government has classified lithium, nickel, cobalt and rare earth elements among several other metals as critical minerals, as the country seeks to maximize economic benefits from the global energy transition drive, which includes the booming electric vehicle (EV) industry.
Implats optimistic on year target, as Zimplats records higher tonnage
The group said the tonnage milled at Zimplats increased “on the back of improved mining fleet availability and higher open-pit volumes at Zimplats”.
Implats weighs platinum growth projects in Zimbabwe
After 26 years, Implats is considering reopening formerly BHP-owned Hartley Complex.
Zim’s foreign currency earnings surge
Zimbabwe’s foreign currency receipts rose sharply in the opening months of 2026, climbing 77 percent to US$3,35 billion by February, up from US$1,89 billion recorded during same period last year, according to the Reserve Bank of Zimbabwe (RBZ).