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Katanga Mining Ltd Ord KATFF

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

Comment by Sogosohubidu201on Oct 14, 2019 5:11pm
165 Views
Post# 30229221

RE:Trafigura bets on Congo even as Glencore shuts mine

RE:Trafigura bets on Congo even as Glencore shuts mineMutoshi production plant was originally scheduled for commission in September 2019. Now they hopes to produce 16k tonnes of cobalt with this financing arranegment by the end of next year.  This is delay of more than 1 year.  Even the new target date for the end of next year seems difficult to achieve with only one year of construction time.
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