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Katanga Mining Ltd Ord KATFF

Metals & Mining Industrial Metals & Minerals
Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > Congo mining revenue triple to $398 millions in Q1 2018
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Comment by Muzunguon Jun 07, 2018 11:58am
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Post# 28139890

RE:Congo mining revenue triple to $398 millions in Q1 2018

RE:Congo mining revenue triple to $398 millions in Q1 2018

Since when do Congolese  presidents and civil servants ever care about long-term benefits or the "state" and its people? 

They only serve themselves... and their personal wallet = short-term focus.

https://www.reuters.com/article/us-congo-politics/congo-ruling-party-shows-all-signs-of-seeking-kabila-third-term-idUSKCN1IU284

He simply replaces the judges...anywhere where needed.

And compared to that big event, nationalizing a mine is a 'piece of cake'

https://www.reuters.com/article/glencore-congo/congo-supreme-court-rejects-glencore-bid-to-move-dissolution-case-idUSL5N1T32YF

In this stage, anything can hapen..

 

 

 

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