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.
Mining Lease News
Zimbabwe's most significant mining lease stories — ranked by impact, not recency. Tap the on any story to read its summary and sources.