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.

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Katanga Mining Ltd Ord > Congo just gave the cobalt price another big boost

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Comment by TrailBlazer666on Jan 31, 2018 10:52pm

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Post# 27476388

RE:Congo just gave the cobalt price another big boost

Companies have been enjoying Super-profits for a couple of years, should reflect in EPS and revenues...

Super profits are being defined as income realized when commodity prices rise 25% above levels included in a project's bankable-feasibility study. Given the improvement the price of most metals over the past couple of years – copper is up 67% since January 2016 and cobalt +150% – having to deal with the new levy is more than just a possibility

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