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 > 2017 quarter 4 Reults

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Post by crypsison Apr 03, 2018 12:14pm

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2017 quarter 4 Reults

After going through the report it looks as if most of the loss came from restarting the whole operation after shutting it down in 2015. They had to suspend many operations which resumed in december 2017, this limited them from producing at full capacity due to a ramp up. The ramp up plan will now be executed in 2018 and continue onwards. Everything is coming along slowly but surely.

This article breaks down each aspect.

https://www.newswire.ca/news-releases/katanga-mining-announces-2017-fourth-quarter-and-year-end-financial-results-678575343.html

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