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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 Sep 05, 2018 12:47pm
97 Views
Post# 28566268

RE:Anyone or any company

RE:Anyone or any companyYes, that is true.  All the majors are after good copper assets worldwide.  Copper is expected to be in deficit starting in 2020 while the copper market will be tight in the next 2 years.  Nevsun is valued at $1.8 billions Cdn. with the latest Zijin offer. Nevsun board has recommended shareholders to accept this offer.  Nevsun Timok project has 0.89 million tons of copper reserve and 80%IRR, one of the major undeveloped and highly economic copper assets in the world.
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