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Tharisa PLC acquires stake in a 'once in a lifetime opportunity' in Zimbabwe

Michael Jones, chief financial officer at Tharisa PLC (LON:THS), discusses with Proactive their acquisition of a stake in Karo Mining Holdings Limited, a company with interests in both platinum and coal mining in Zimbabwe.

The move gives Tharisa access to an area in the Great Dyke covering 23,903 hectares and estimated to contain a PGM resource of around 96 Moz (on a 4E basis).

Quick facts: Tharisa PLC

Price: 111 GBX

LSE:THS
Market: LSE
Market Cap: £295.94 m
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