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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.


OTCPK:KATFF - Post by User

Katanga Mining Ltd Ord > Mine closure date extended from 2047 to 2055 - 35 years
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Post by Sogosohubidu201on Feb 13, 2020 3:56pm
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Post# 30687806

Mine closure date extended from 2047 to 2055 - 35 years

Mine closure date extended from 2047 to 2055 - 35 years As at December 31, 2019, the Company increased its estimate regarding the total reclamation and closure costs from $105.2 million to $128.1 million and extended the closure date from 2047 to 2055 due to the optimization of the life of mine.
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