June 13, 2018 / 6:25 AM / in 11 days

Tharisa deepens Zimbabwe exposure with platinum deal

LONDON, June 13 (Reuters) - South African miner Tharisa on Wednesday deepened its exposure to Zimbabwe, saying it had bought a 26.8 percent shareholding in Karo Mining Holdings for $4.5 million.

It also bought chrome business Salene in Zimbabwe in May.

In a statement Tharisa said the deal would give it access to an area covering 23,903 hectares on the Great Dyke of Zimbabwe, containing an estimated 96 million ounces in platinum group metals. (Reporting by Barbara Lewis; editing by Jason Neely)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below