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Katanga Mining Limited (TSX:KAT)

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Last Post: 2/10/2020 11:30:29 AM - Followers: 4 - Board type: Free - Posts Today: 0

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 Mining Announces 2019 Fourth Quarter and Year End Financial Results 02/13/2020 09:02:00 AM
KAT News: Katanga Mining Provides an Update on Major Projects and Announces 2019 Fourth Quarter Production Results 02/03/2020 08:16:00 PM
KAT News: Katanga Mining Announces Ore Reserves and Mineral Resources 02/03/2020 07:49:00 PM
KAT News: Katanga Enters Into Agreement to Acquire Land Rights From Gécamines 12/20/2019 03:10:00 AM
KAT News: Katanga Mining Completes Rights Offering 12/19/2019 02:53:00 PM
PostSubject
#445   Glencore_secures 5-year deal to supply cobalt to Samsung SDI Dr_Vonschellan 02/10/20 11:30:29 AM
#444   South_Africa court_issues arrest_warrant for_former president_Jacob Zuma Dr_Vonschellan 02/04/20 08:38:49 AM
#443   So_what if_the Chinese_buy us_before Glencore_can Glen gore us? Dr_Vonschellan 11/26/19 10:05:55 AM
#442   Dear_Roger & Dear_Rudy, your DRC_contracts are_hereby cancelled Dr_Vonschellan 11/15/19 01:16:31 PM
#441   Dear_Innovative Californians,_PG&E could_be headed_down the tubes Dr_Vonschellan 11/07/19 02:01:23 PM
#440   wow, whats going on with this stock? is jigen9378 11/07/19 01:02:03 PM
#439   Bobble-heads falling_like flies_in smoggy_Delhi gas_chamber Dr_Vonschellan 11/07/19 12:53:17 PM
#438   Dear_Bears, wow_what a_job, I_couldn't_resist buying_at $.12pps Dr_Vonschellan 11/07/19 12:27:57 PM
#437   Oh_what a_tangled web_we weave_when first_we practice_to deceive Dr_Vonschellan 11/07/19 11:26:51 AM
#436   Federal_probe launched_into Tesla_for possible_battery defects Dr_Vonschellan 11/04/19 12:31:02 PM
#435   Trump_impeachment: House_votes to formalize inquiry... yeow Dr_Vonschellan 10/31/19 12:54:09 PM
#434   Now_open wide Kids... the_Russians are_coming Dr_Vonschellan 10/24/19 08:41:37 PM
#433   Dear VW/Tesla/GM/Volvo/Rivian/etal, knock_out your_front teeth Dr_Vonschellan 10/09/19 11:02:34 AM
#432   Glencore_signs 5-year deal to sell cobalt to China’s GEM Dr_Vonschellan 10/07/19 09:27:22 AM
#431   Score_2019: Thieves-Illegal mining =2313. Landslides =5. Dr_Vonschellan 10/03/19 01:51:08 PM
#430   Lovely. Especially match my positive mood about waving Digra Ive 10/03/19 06:06:21 AM
#429   Dear_Cobalt Illegal_Miners, oooo_some bad_news for_you thieves. Dr_Vonschellan 09/26/19 12:21:08 PM
#428   Ooops_wrong board,_kindly disregard_and continue_talking amongst_yourselves Dr_Vonschellan 09/17/19 02:01:40 PM
#427   Did you_buy an_electric car_before Iran_bombed the_Saudi oil_fields? Dr_Vonschellan 09/15/19 12:49:16 PM
#426   Moïse Katumbi_is back... and_DRC will_be better_for it Dr_Vonschellan 09/13/19 09:45:23 AM
#425   Reuters:_Demand for_metals used_in battery_electric vehicles_could rise_sixfold Dr_Vonschellan 09/10/19 03:42:50 PM
#424   Robert_Mugabe's tombstone_will read "He_raped and_wrecked Zimbabwe" Dr_Vonschellan 09/06/19 10:49:12 AM
#423   So_many puppets_in DRC_that they're_growing on_the trees_now Dr_Vonschellan 08/26/19 01:26:50 PM
#422   DRC_announces new_government 7_months after_president inaugurated Dr_Vonschellan 08/26/19 08:03:32 AM
#421   China Molybdenum struggling to make money Dr_Vonschellan 08/21/19 01:39:12 PM
#420   What's_good for_the zinc... is_good for_the cobalt Dr_Vonschellan 08/21/19 12:33:09 PM
#419   China's Huayou_pulls out_of Congo_cobalt mine investment Dr_Vonschellan 08/16/19 12:24:58 PM
#418   Dear_Joey, cobalt_could go_to $20/lb if_you'll keep_your big_yap shut Dr_Vonschellan 08/13/19 11:03:12 AM
#417   Dear_Joey, you_and your_homeys might_be having_some bery_bery Dr_Vonschellan 08/12/19 08:51:33 AM
#416   What's_bad for_the goose,_is bad_for the gander..._or is_it? Dr_Vonschellan 08/09/19 01:16:00 PM
#415   DRC_used to_export cobalt, now_Ebola trying_to secure_top spot Dr_Vonschellan 08/09/19 11:26:46 AM
#414   Blah_blah_blah, Dear China,_sheet or_get off_the pot._Weaponize your_rare earths Dr_Vonschellan 08/08/19 10:43:42 AM
#413   Dear Joey, are you finally happy now? Dr_Vonschellan 08/07/19 03:37:34 PM
#412   Soooo_if Tesla_can not_find enough_nickel for_their batteries Dr_Vonschellan 08/05/19 02:15:30 PM
#411   From BHP, ahhhh change of plans Dr_Vonschellan 08/05/19 01:03:26 PM
#410   Bravo Chinese_Bots, you have_taken us_down another_7% today Dr_Vonschellan 07/31/19 03:56:37 PM
#409   You win some, you lose some. Dr_Vonschellan 07/26/19 06:16:50 PM
#408   Dear_China, forget USA_but remember_to weaponize_your rare_earths Dr_Vonschellan 07/26/19 09:27:14 AM
#407   Soon it will be just China_and us in DRC Dr_Vonschellan 07/25/19 01:31:54 PM
#406   Ooooo_the war is_almost here... I_can nearly_taste it Dr_Vonschellan 07/23/19 10:57:51 PM
#405   A throw_down between Tshisekedi's_UDPS and_Kabila's Red_Berets Dr_Vonschellan 07/21/19 09:45:10 PM
#404   BA_halts flights to_Cairo. The_war should_be starting_momentarily Dr_Vonschellan 07/20/19 03:03:30 PM
#403   Dear_China, enough_with all_your girly-sissy nyah-nyah rare_earths threats Dr_Vonschellan 07/19/19 03:35:50 PM
#402   Dear_UK, Put_your drone up._Fire missile_into your_oil freighter._Problem solved Dr_Vonschellan 07/19/19 03:01:51 PM
#401   Ooooo, those_raghead Iranians_finally got a_big_one. Gasoline_is going_higher Dr_Vonschellan 07/19/19 02:33:22 PM
#400   USA_shoots down_Iranian drone... gasoline going_higher Dr_Vonschellan 07/18/19 05:32:40 PM
#399   Dear ICE_car drivers,_the price_of gasoline_is going_to rise_again Dr_Vonschellan 07/18/19 09:50:09 AM
#398   Ring Ring Dr_Vonschellan 07/17/19 10:46:26 AM
#397   Dear Amnesty International, Should China Molybdenum also Dr_Vonschellan 07/15/19 01:22:27 PM
#396   Awwww_bummer, Chinese_license gets revoked_in neighboring_Kenya Dr_Vonschellan 07/14/19 01:33:08 AM
PostSubject