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Created: 06/17/2011 07:37:28 PM - Followers: 3 - Board type: Free - Posts Today: 0



Company profile

Katanga Mining Limited operates a large-scale copper-cobalt project with substantial high-grade mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo (DRC).

Our single-site operation, which comprises brownfield assets and new facilities under construction, will have one of the lowest unit production costs in the world, net of by-product credits.

The January 2008 merger with Nikanor PLC, whose adjacent concessions had previously been part of the same mine complex, has consolidated our leadership position in the region and is expected to generate significant operating and financial synergies.

Katanga holds a 75% stake in two joint ventures with Gécamines, a state-owned mining company in the DRC.

We are committed to the socio-economic development of the DRC and the communities surrounding our operations, and place sustainable development as integral to the way we do business.

Katanga is listed on the Toronto Stock Exchange under the symbol KAT.


KATANGA is the world biggest Cobalt mine.

The world third biggest mining company Glencore holds 86.33% of shares.

Glencore now beneficially owns, or has control or direction over, a total of 1,646,613,928 shares in Katanga representing approximately 86.33% of the outstanding shares of Katanga (based on there being a total of 1,907,380,413 shares of Katanga outstanding).

The other institutions that hold Katanga Shares

Citibank China Co Ltd 53,668,000®ion=can&culture=en-US&ownerCountry=USA

BSG Capital Markets PCC Limited

Direct Ownership Common Shares 26,504,383

Central African Mining & Exploration Company plc



Katanga posted New Technical report: Area produces roughly 7% of the world’s copper production and 62% of the world’s cobalt production.

Production will re - commence during the second half of 2017
page 31:

Mining in the Kolwezi district has a long history, stretching back to the early 1900’s. At its peak, in the late 1980s, the district accounted for roughly 7% of the world’s copper production and 62% of the world’s cobalt production. In the mid-to late-90s, production declined to a virtual standstill as a result of various political and technical factors. In 2002, a new Mining Code was established and since 2008, after the KCC and DCP merger, significant growth in mining production has occurred. Due to a slump in metal prices in 2015, operations were put on care and maintenance. During this time, construction of the WOL facility was undertaken in order to achieve the planned recoveries and reduce operating costs. Production will re-commence during the second half of 2017.


Katanga Mining Is A Potential Turnaround Story

Tesla's Evolving Cobalt Nightmare

The role of cobalt in battery supply

Cobalt to the fore as lithium-ion battery demand rises for electric vehicles and renewables storage




KATANGA (KATFF, on the TSX: KAT.T) is an essential company for Cobalt production. The company has the world biggest cobalt reserve. Due to a slump in metal prices in 2015, operations were put on care and maintenance. During this time, construction of the WOL facility was undertaken in order to achieve the planned recoveries and reduce operating costs. Production will re-commence during the second half of 2017.

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Ring Ring Dr_Vonschellan 11/18/2021 09:58:19 PM
#457 Dear Dan Gertler, now that Trump koshered you Dr_Vonschellan 01/25/2021 09:59:27 PM
#456 Never was_a cobalt-free Tesla_battery, but_everyone bought_it hook,_line &sinker Dr_Vonschellan 06/19/2020 11:35:57 PM
#455 Tesla plans_to use_Glencore DRC cobalt_in new Gigafactories Dr_Vonschellan 06/16/2020 11:23:12 AM
#454 Dear_SNL (Saturday_Night Live),_yes you_have my_permission to_use My_post 451 Dr_Vonschellan 04/30/2020 11:31:40 AM
#453 Russia_Looks for_Inroads Into_Central Africa_(Part One) Dr_Vonschellan 04/24/2020 01:41:35 AM
#452 7-11 Indians (not woo-woo) Indians_can see_their hand_in front_of their_face Dr_Vonschellan 04/23/2020 03:54:09 PM
#451 Zoom Zoom... Zoom Zoom Dr_Vonschellan 04/23/2020 01:39:25 PM
#450 KATANGA GOES PRIVATE GLENCORE OFFERS 16 CENTS ~ Blue ~ 04/22/2020 03:46:37 PM
#449 Dear Anonymous KAT Director Dr_Vonschellan 04/22/2020 11:36:34 AM
#448 Dear_Blue, Nope. I_am just_waiting for_my break_even point Dr_Vonschellan 04/20/2020 03:29:21 PM
#447 Dr. is it time to load this COBALT giant!? ~ Blue ~ 04/20/2020 01:33:41 PM
#446 Congo_mine closures_would cause_economic and_social crisis,_minister says Dr_Vonschellan 04/17/2020 01:42:48 PM
#445 Glencore_secures 5-year deal to supply cobalt to Samsung SDI Dr_Vonschellan 02/10/2020 11:30:29 AM
#444 South_Africa court_issues arrest_warrant for_former president_Jacob Zuma Dr_Vonschellan 02/04/2020 08:38:49 AM
#443 So_what if_the Chinese_buy us_before Glencore_can Glen gore us? Dr_Vonschellan 11/26/2019 10:05:55 AM
#442 Dear_Roger & Dear_Rudy, your DRC_contracts are_hereby cancelled Dr_Vonschellan 11/15/2019 01:16:31 PM
#441 Dear_Innovative Californians,_PG&E could_be headed_down the tubes Dr_Vonschellan 11/07/2019 02:01:23 PM
#440 wow, whats going on with this stock? is jigen9378 11/07/2019 01:02:03 PM
#439 Bobble-heads falling_like flies_in smoggy_Delhi gas_chamber Dr_Vonschellan 11/07/2019 12:53:17 PM
#438 Dear_Bears, wow_what a_job, I_couldn't_resist buying_at $.12pps Dr_Vonschellan 11/07/2019 12:27:57 PM
#437 Oh_what a_tangled web_we weave_when first_we practice_to deceive Dr_Vonschellan 11/07/2019 11:26:51 AM
#436 Federal_probe launched_into Tesla_for possible_battery defects Dr_Vonschellan 11/04/2019 12:31:02 PM
#435 Trump_impeachment: House_votes to formalize inquiry... yeow Dr_Vonschellan 10/31/2019 12:54:09 PM
#434 Now_open wide Kids... the_Russians are_coming Dr_Vonschellan 10/24/2019 08:41:37 PM
#433 Dear VW/Tesla/GM/Volvo/Rivian/etal, knock_out your_front teeth Dr_Vonschellan 10/09/2019 11:02:34 AM
#432 Glencore_signs 5-year deal to sell cobalt to China’s GEM Dr_Vonschellan 10/07/2019 09:27:22 AM
#431 Score_2019: Thieves-Illegal mining =2313. Landslides =5. Dr_Vonschellan 10/03/2019 01:51:08 PM
#430 Lovely. Especially match my positive mood about waving Digra Ive 10/03/2019 06:06:21 AM
#429 Dear_Cobalt Illegal_Miners, oooo_some bad_news for_you thieves. Dr_Vonschellan 09/26/2019 12:21:08 PM
#428 Ooops_wrong board,_kindly disregard_and continue_talking amongst_yourselves Dr_Vonschellan 09/17/2019 02:01:40 PM
#427 Did you_buy an_electric car_before Iran_bombed the_Saudi oil_fields? Dr_Vonschellan 09/15/2019 12:49:16 PM
#426 Moïse Katumbi_is back... and_DRC will_be better_for it Dr_Vonschellan 09/13/2019 09:45:23 AM
#425 Reuters:_Demand for_metals used_in battery_electric vehicles_could rise_sixfold Dr_Vonschellan 09/10/2019 03:42:50 PM
#424 Robert_Mugabe's tombstone_will read "He_raped and_wrecked Zimbabwe" Dr_Vonschellan 09/06/2019 10:49:12 AM
#423 So_many puppets_in DRC_that they're_growing on_the trees_now Dr_Vonschellan 08/26/2019 01:26:50 PM
#422 DRC_announces new_government 7_months after_president inaugurated Dr_Vonschellan 08/26/2019 08:03:32 AM
#421 China Molybdenum struggling to make money Dr_Vonschellan 08/21/2019 01:39:12 PM
#420 What's_good for_the zinc... is_good for_the cobalt Dr_Vonschellan 08/21/2019 12:33:09 PM
#419 China's Huayou_pulls out_of Congo_cobalt mine investment Dr_Vonschellan 08/16/2019 12:24:58 PM
#418 Dear_Joey, cobalt_could go_to $20/lb if_you'll keep_your big_yap shut Dr_Vonschellan 08/13/2019 11:03:12 AM
#417 Dear_Joey, you_and your_homeys might_be having_some bery_bery Dr_Vonschellan 08/12/2019 08:51:33 AM
#416 What's_bad for_the goose,_is bad_for the gander..._or is_it? Dr_Vonschellan 08/09/2019 01:16:00 PM
#415 DRC_used to_export cobalt, now_Ebola trying_to secure_top spot Dr_Vonschellan 08/09/2019 11:26:46 AM
#414 Blah_blah_blah, Dear China,_sheet or_get off_the pot._Weaponize your_rare earths Dr_Vonschellan 08/08/2019 10:43:42 AM
#413 Dear Joey, are you finally happy now? Dr_Vonschellan 08/07/2019 03:37:34 PM
#412 Soooo_if Tesla_can not_find enough_nickel for_their batteries Dr_Vonschellan 08/05/2019 02:15:30 PM
#411 From BHP, ahhhh change of plans Dr_Vonschellan 08/05/2019 01:03:26 PM
#410 Bravo Chinese_Bots, you have_taken us_down another_7% today Dr_Vonschellan 07/31/2019 03:56:37 PM
#409 You win some, you lose some. Dr_Vonschellan 07/26/2019 06:16:50 PM
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