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Katanga Mining Limited (TSX:KAT)

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KATANGA

 

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.

WEBSITE: http://www.katangamining.com/
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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).

http://www.glencore.com/assets/media/doc/news/2017/20170213-Glencore-purchases-stakes-in-Mutanda-and-Katanga.pdf

The other institutions that hold Katanga Shares

Citibank China Co Ltd 53,668,000

http://investors.morningstar.com/ownership/shareholders-major.html?t=KAT®ion=can&culture=en-US&ownerCountry=USA
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BSG Capital Markets PCC Limited

Direct Ownership Common Shares 26,504,383
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Central African Mining & Exploration Company plc

10,175,130 shares


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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.

http://www.katangamining.com/~/media/Files/K/Katanga-mining-v2/operations/reportsoperational/technical-report-march-2017.pdf

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Katanga Mining Is A Potential Turnaround Story

https://seekingalpha.com/article/4033629-katanga-mining-potential-turnaround-story

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Tesla's Evolving Cobalt Nightmare

https://seekingalpha.com/article/4027400-teslas-evolving-cobalt-nightmare

The role of cobalt in battery supply

http://www.indmin.com/Article/3586106/The-role-of-cobalt-in-battery-supply.html

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

http://www.abc.net.au/news/2017-01-25/wa-cobalt-project-poised-for-slice-of-battery-storage-pie/8187296

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COBALT PRICE INCREASED 150%


http://www.infomine.com/investment/metal-prices/cobalt/1-year/

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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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KAT News: Katanga Appoints Chief Operating Officer 07/09/2018 09:27:00 AM
KAT News: Katanga Mining Announces Completion of Transactions Contemplated by Settlement Agreement with Gécamines 06/26/2018 07:45:00 AM
KAT News: Katanga Mining Announces Change In COO Position 06/18/2018 09:52:00 AM
KAT News: Katanga Announces Settlement of Ventora and Africa Horizons Dispute 06/15/2018 02:00:00 AM
KAT News: L'OCRCVM permet la reprise de la négociation - KAT 06/12/2018 01:59:00 PM
PlusOneCoin Top Posts
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#191   Kaliba is_picking more nose_boogers to throw into December_election Dr_Vonschellan 07/14/18 03:08:30 PM
#190   My bet: book5 07/10/18 02:02:45 PM
#189   Glencore_will_repurchase $1B shares_in_buyback to_reassure_investors Dr_Vonschellan 07/07/18 01:43:31 PM
#188   Same feeling here book5 07/06/18 09:55:16 AM
#187   What's_happening you_ask? Sheet_on-top_of_more sheet_is what's_happening Dr_Vonschellan 07/03/18 11:58:28 AM
#186   what is happening here? book5 06/27/18 10:27:16 AM
#185   For_all you_automakers_who want_to_skimp on_cobalt_stabilizer in_your_batteries Dr_Vonschellan 06/18/18 10:03:10 PM
#184   see the last couple days entries, towards the tootalljones 06/13/18 02:39:37 PM
#183   It appears that Katanga will issue $5.6 billion book5 06/12/18 06:13:32 PM
#182   Cory booker is a total fraud, fraudulent academics, tootalljones 06/11/18 12:50:52 PM
#181   We must_be worth_billions_and billions_as_Carl Sagan_would_say. Dr_Vonschellan 06/07/18 11:25:59 PM
#180   That's what can happen....eh nowwhat2 06/05/18 01:02:58 AM
#179   Lock_the_gates, Shut_every single_mine_down... till next year. Dr_Vonschellan 06/04/18 07:59:15 PM
#178   Decent price recovery. book5 06/04/18 01:16:27 PM
#177   Lock the gates, Shut_every single_mine_down Dr_Vonschellan 05/31/18 10:19:14 AM
#176   Senator Cory_Booker for USA_President in_2020... or_even sooner_if_possible. Dr_Vonschellan 05/24/18 09:29:31 PM
#175   UK_government_should be_fighting to keep its_own house_clean...of Russian_dirty_money Dr_Vonschellan 05/20/18 10:49:16 PM
#174   UK government fighting Glencore, sounds no good book5 05/18/18 11:26:11 AM
#173   Dear_Joseph, if_that_Ebola comes_down_the Congo_River_from Mbandaka_to_Kinshasa Dr_Vonschellan 05/17/18 02:12:50 AM
#172   Does_Kabila fear_US_sanctions, so_now_he_actually wants_elections in_December? Dr_Vonschellan 05/16/18 10:54:07 AM
#171   Basically a full_accurate update/summary from_Mining_Weekly Dr_Vonschellan 05/15/18 09:05:51 PM
#170   Might_Israeli_Gertler sell_his_royalty rights_(past_and future)_to_China? Dr_Vonschellan 05/15/18 11:54:26 AM
#169   TODAY, news coming!! Dr_Vonschellan 05/13/18 12:15:34 PM
#168   TODAY, news coming!! book5 05/11/18 10:08:27 AM
#167   Elon_Musk_Needs More_Cobalt! Ohhhh Elon,_you need to_get_in_line_just like_everyone_else Dr_Vonschellan 05/10/18 01:07:20 AM
#166   Dear_Illegal_cobalt miners,_stop having_sex_with apes/monkeys_and_wear rubber_gloves_now Dr_Vonschellan 05/09/18 11:18:29 AM
#165   Tell me how air pollution by Gas/Diesel cars Fire Dog 05/08/18 06:42:56 PM
#164   Oh_nooo Mr Bill! What if_Ebola_drips into_all_the_dirty Ma&Pop_miners'_holes_in_the_ground Dr_Vonschellan 05/08/18 02:50:41 PM
#163   DRC confirms_two Ebola_cases,_10 more_cases_suspected Dr_Vonschellan 05/08/18 12:06:40 PM
#162   Gecamines_President Albert_Yuma didn’t_answer_his phone when_Bloomberg_called Dr_Vonschellan 05/08/18 10:15:28 AM
#161   5M_duplicates in_voter_database. Dam! Joseph_was_counting on_those_5M_supporters Dr_Vonschellan 05/07/18 02:52:52 PM
#160   General_Bombé, don't drink_the_whiskey! there's a Russian_nerve_agent Dr_Vonschellan 05/04/18 03:10:51 PM
#159   It_gets_more_delicious by_the_day, Kabila Family partly-owned bank tied_to_terrorists Dr_Vonschellan 05/04/18 12:51:08 PM
#158   Former Head_of_Gecamines cuts sweet_cobalt deal_with_Gecamines Dr_Vonschellan 05/03/18 06:50:34 PM
#157   Will_China turn_on its_lasers_to blind_inspectors_from seeing_the_illegal cobalt_they're_buying? Dr_Vonschellan 05/03/18 04:22:01 PM
#156   It's a shakedown_of_Glencore, says anonymous_in_London Dr_Vonschellan 05/03/18 01:04:17 PM
#155   Dear_Nikki_Haley, So_the_UN_really_does know_who_has been_nice_and_who has_been_naughty Dr_Vonschellan 05/02/18 03:49:56 PM
#154   I'm_only up_to_episode 6_on_season 2_of_Salamander, but_I_can_see General_Bombé Dr_Vonschellan 05/02/18 02:16:46 PM
#153   DRC security services hampering probe of murdered UN_experts Dr_Vonschellan 05/02/18 01:33:16 PM
#152   Glencore_wins injunction against Gertler following_royalty_claim Dr_Vonschellan 05/01/18 02:21:18 PM
#151   Surprise_Surprise! Battery metals_supply_crunch slows_near-term EVs_growth, Moodys Dr_Vonschellan 05/01/18 12:48:21 PM
#150   Gertler and Gécamines... manipulative partners in grime? Dr_Vonschellan 04/30/18 09:22:39 PM
#149   Is_there_such a thing_as_an ethical_electric_car? Of_course_not, there will_never_be_one Dr_Vonschellan 04/30/18 05:09:22 PM
#148   Here_comes the next_Middle East_war...stockpile your_cobalt ladies_&_gentlemen Dr_Vonschellan 04/30/18 03:25:49 PM
#147   and the funny thing about the Leftist Dems tootalljones 04/30/18 02:51:15 PM
#146   Congo_Governor on_artisanal cobalt_mining: "We have_nothing_to_hide" Dr_Vonschellan 04/30/18 01:46:36 PM
#145   The price for a Tonne_of Cobalt is_surely_going_up Dr_Vonschellan 04/30/18 01:33:46 PM
#144   doc you forgot to add "Bitin Bill Clinton." tootalljones 04/30/18 01:23:36 PM
#143   Did The Billionaire short Kat before the fire book5 04/30/18 01:22:13 PM
#142   doc i know you are probably at a tootalljones 04/30/18 01:20:13 PM
PostSubject