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 mining revenue triple to $398 millions in Q1 2018

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Comment by Sogosohubidu201on Jun 07, 2018 12:24pm

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Post# 28140098

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

When I meant Congo, that included these people, Kabila and goverment officials, who would benefit form Katanga mining continue production and operations. They have evey motivation as we are to see the KCC issues resolved. Nobody wants to kill the goose who lays the golden eggs. All in all, Glencore is the driver seat and it can resolve the issues by itself alone and just forgives $4.2 billion debt that KCC owed to Katanga Mining and it will be done. Of course, Glencore wants to extract as much concession as possible from Gecamines.

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