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Bullboard - Stock Discussion Forum 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 Discussion

Katanga Mining Ltd Ord > LME tougher requirements of Congo Copper!
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Post by Cobaltfinder123 on Aug 16, 2018 8:56am

LME tougher requirements of Congo Copper!

Pls read the article: 
https://www.bloomberg.com/news/articles/2018-08-16/congo-copper-is-said-to-face-increased-lme-scrutiny-with-audits

From my understanding, KAT is ethically compared to other Congo miners? 
Is this a risk for KAT or Glencore?
Comment by topdop on Aug 16, 2018 10:00am
@cobaltfinder123 do you even know the difference between a fully permitted, modern, mechanized mining operation(s) of international scale and Artizinal operations run on shoe-string "budgets" by Lebanese, Chinese and local overlords (for eg) and with absolutely no regulation, permits and/or safety oversight? No, you probably don't. So I'll help. Read this: https://www ...more  
Comment by Cobaltfinder123 on Aug 16, 2018 10:17am
Yes i know that this operation is high scale. But i just want to get my thoughts confirmed by the more experiances stock owners :) 
Comment by jiayouha on Aug 16, 2018 10:46am
I think this news will benefit KAT, as it will shock the supply side of copper. Of course, to produce so much copper, KAT cannot rely on children.
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