Karo Platinum secures 25-year mining lease for Great Dyke

The Financial Gazette reports that Karo Platinum has secured a 25-year Special Mining Lease Agreement with the Zimbabwean government for its project on the Great Dyke. First-phase operations are expected in H2 2027, employing 1,000 people and producing 226 ounces of platinum annually. The lease follows years of regulatory delays and capital raising. This project is a critical test case for Zimbabwe's ability to attract foreign mining investment amid policy uncertainty. Success here could unlock further development of the Great Dyke's vast mineral wealth.