Join today and have your say! It’s FREE!

We will not release or resell your information to third parties without your permission.

Please Try Again

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Please Try Again

Password Hint : {{passwordHint}}

Remember me

Bullboard - Stock Discussion Forum 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.

Add To Watchlist

OTCPK:KATFF - Post Discussion

Katanga Mining Ltd Ord > Glencore copper output falls in Q3

View:

Post by JanineK22399HH on Oct 25, 2019 4:40am

Glencore copper output falls in Q3

Glencore copper output falls in Q3 amid plans to shutter Mutanda; Cobalt rises on Katanga ramp up

25 October 2019, 08:37

Source - SMW

 Glencore said copper production fell amid plans to close its Mutanda mine in the Democratic Republic of Congo, but cobalt production was boosted as the miner ramped up operations at its Katanga mine. Copper production fell 4% to 1,015,800 tonnes in the third quarter from a year earlier and cobalt production of 34,400 tonnes was down 21% from a year earlier. The company said it expected to produce about 1.01m tonnes of copper for the full-year and about 43,000 tonnes of cobalt. At 8:37am: (LON:GLEN) Glencore PLC share price was -1.05p at 231.3p

216