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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

Post by topdopon Mar 18, 2020 10:17am
209 Views
Post# 30821146

US lifts sanctions against one of Dan Gertler's companies

US lifts sanctions against one of Dan Gertler's companies
US lifts sanctions against one of Dan Gertler's companies:

https://www.google.com/url?rct=j&sa=t&url=https://brief.kharon.com/updates/us-sanctions-syrian-defense-minister-over-idlib-assault/&ct=ga&cd=CAEYACoTMTY2MjcwNDcyMzYwMTQzNjM1MTIaZGE5ODI0YzQyYWViZjA2Yzpjb206ZW46R0I&usg=AFQjCNGBLjxkn1s8gkcPEr0OebIYIrTaCg

"And Interlog DRC, a Democratic Republic of the Congo-based company sanctioned in 2018 for being affiliated with Israeli businessman Dan Gertler, was delisted. On an archived page of its website from 2018, Interlog named several mining companies with which it had worked, including Katanga Mining Limited, a Switzerland-based firm formerly owned in part by Fleurette Properties Limited, another Gertler-affiliated firm.

Katanga Mining agreed with Canadian regulators in 2018 to pay CAD 28.5 million to settle allegations that it had hid the risks associated with its ties to Gertler from investors."

These are my views only. Thanks for reading.
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