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 > HLODDDDDD!!!!!!!

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Comment by Aurum1983on Apr 30, 2018 1:07pm

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Post# 27959417

RE:HLODDDDDD!!!!!!!

I don't think you understand what's going on. It's not that simple. Gelter is backed into a corner since US put him on the list last year. He has to side with the DRC on this one and if he launch the claim against Glencore in DRC he will likely win. Concentrates will be sent to Gelter's companies instead of Glencore. But then Gelter/DRC will have to figure out a way to sell since any new company formed by the two will be subject to the same sanctions. This is not going to be resolved in a couple of weeks. However, this is good for other companies operating in DRC like IVN since they will now have a clear roadmap on how to prevent these issues from taking hold in the first place.

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