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Katanga Mining Limited (TSX:KAT)

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Last Post: 4/24/2018 5:24:19 PM - Followers: 7 - Board type: Free - Posts Today: 3



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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KAT News: Katanga Mining Provides Update on KCC Recapitalization Process and Notes Commencement of DRC Legal Proceedings by Gécamines 04/22/2018 04:52:00 PM
KAT News: Katanga Mining Announces 2017 Fourth Quarter and Year End Financial Results 04/02/2018 06:08:00 PM
KAT News: Katanga Mining Announces Ore Reserves and Mineral Resources 01/31/2018 07:42:00 PM
KAT News: Katanga Mining Announces 2017 Fourth Quarter and Year End Production Results 01/31/2018 07:27:00 PM
KAT News: Investors are Powering Up on Cobalt Stocks as Price Hits 9-Year High 12/21/2017 08:45:00 AM
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#135   Book5, take_2_aspirins, put an old-fashion_tick-tock clock_under_your_pillow, and_snuggle_up Dr_Vonschellan 04/24/18 05:24:19 PM
#134   All our benefits have evaporated, book5 04/24/18 03:49:24 PM
#133   Down it goes_yesterday. And, Up_it_goes_Today. Dr_Vonschellan 04/24/18 03:28:02 PM
#132   Down it goes: book5 04/23/18 11:11:07 AM
#131   Frick Gécamines Dr_Vonschellan 04/23/18 10:59:53 AM
#130   Oil rises_2_percent as_Saudi_Arabia aims_at_$100/barrel, US_stockpiles_fall Dr_Vonschellan 04/18/18 01:47:45 PM
#129   Hooray!,_a_way to to_make_conflict cobalt_legit!_Let_IMPACT take_a_20%_cut perhaps? Dr_Vonschellan 04/12/18 11:16:11 AM
#128   In case anyone is interested, this miner is book5 04/05/18 01:42:41 PM
#127   Dear_Dictator Kabila, Let_Katumbi_run. His_European_DNA_well_might_replace_your_4F-ing_DNA. Dr_Vonschellan 04/04/18 11:50:48 AM
#126   Dear_Still-President-Today_Kabila, wow imagine_if_Ex-First-Lady_Grace_Mugabe_had_cobalt_on_her_farm. Dr_Vonschellan 03/31/18 12:30:46 AM
#125   #deleteFEC . . . . . . . . Dr_Vonschellan 03/23/18 05:26:09 PM
#124   How can they promote mining in the West? book5 03/23/18 01:10:17 PM
#123   Now_the_vampire_IndustriALL_Union_wants to suck_ another_liter_of_blood_out_of_our _ask Dr_Vonschellan 03/23/18 11:59:33 AM
#122   soon KAT should provide news (ramp up production book5 03/21/18 01:32:06 PM
#121 book5 03/20/18 07:02:15 PM
#120   DRC finds (ie finally stumbles into)_the tip_of_the_iceberg Dr_Vonschellan 03/20/18 12:13:55 PM
#119   Batterymakers_turning to white_civilized_Canadians/Aussies_over_wild_4F-ing_savages_in_DRC Dr_Vonschellan 03/19/18 12:53:16 PM
#118   Cobalt above$88000/tn book5 03/19/18 10:22:25 AM
#117   Kabila, you're next in line. Dr_Vonschellan 03/16/18 10:50:53 AM
#116   Dear Big_Shot_Miners, close down_every_single_MF-ing_mine_in_DRC Dr_Vonschellan 03/15/18 09:05:58 PM
#115   From Reuters: book5 03/15/18 06:43:34 PM
#114   Cobalt to be declared a strategic mineral in Congo Dr_Vonschellan 03/15/18 01:21:34 PM
#113   Cobalt is going_to get_even_scarcer_as Glencore sells_50,000mt_over_3yrs_to_GemCo Dr_Vonschellan 03/14/18 08:45:04 PM
#112   Book5, excellent find,_your_Bloomberg_story. Right_on_target. Dr_Vonschellan 03/14/18 01:46:19 PM
#111 book5 03/12/18 11:54:03 AM
#110   Dr Thanks for article book5 03/12/18 11:40:51 AM
#109   Book5, Ahhh chooo! I just_sneezed_an_electrified_proton out_my_nose Dr_Vonschellan 03/09/18 09:26:37 PM
#108   Bloomberg says_the real ball-busting_Cobalt_crunch will_hit_in_2020 Dr_Vonschellan 03/09/18 09:21:40 PM
#107   Cobalt’s new battery competitor announced recently (early stage): book5 03/09/18 05:22:57 PM
#106   Cobalt: either use it... or lose it. Dr_Vonschellan 03/09/18 11:15:27 AM
#105   Send 10,000 juvenile DRC_child-miners_to_Chicago/Baltimore_then_import_10,000 Dr_Vonschellan 03/07/18 02:05:06 PM
#104   Trump, Say_hello_to_my_little_friend!. American car-makers'_cobalt_price_is_going_up Dr_Vonschellan 03/02/18 11:09:05 AM
#103   Ha, you_think_Cobalt_was expensive_before? Wait_till_Trump's_New_Trade_War_starts. Dr_Vonschellan 03/01/18 01:32:52 PM
#102   I know what_you're_thinking...has_he_actually calculated_again_we'll_hit_$2.00_Friday Dr_Vonschellan 02/28/18 03:05:53 PM
#101   Congo Fashion Week Festival_coming up_Oct_11,_2018. You_should_book_your_hotel_now. Dr_Vonschellan 02/28/18 11:57:29 AM
#100   Knock, knock... may We come in again? Dr_Vonschellan 02/27/18 10:25:37 PM
#99   Germany paves way for Diesel Ban_dealing_blow_to_automakers... Awww, bummer. Dr_Vonschellan 02/27/18 12:22:52 PM
#98   Sun Tzu once_said, In_the midst of chaos, wit,_ABM Dr_Vonschellan 02/27/18 09:47:10 AM
#97   Oh no Mr Bill, Texas_woke up_to_the critical_need_for_cobalt_this_morning. Dr_Vonschellan 02/26/18 12:28:52 PM
#96   We'll_see $2.00pps again...NLT_Friday_March2. Oh_Look! Up_another_8%_at_noon_today Dr_Vonschellan 02/26/18 12:07:38 PM
#95   Freeport-McMoRan beating_circling sharks off_DRC_cobalt_with_their_whupping_stick. Dr_Vonschellan 02/26/18 12:03:23 PM
#94   All this 4F-ing_in_DRC is now causing_great_consternation_for_Volvo_in_South_Carolina Dr_Vonschellan 02/26/18 07:53:28 AM
#93   Tesla Semi can go from 0-60 MPH in_20_seconds_while_hauling_80,000_pounds Dr_Vonschellan 02/22/18 10:15:15 AM
#92   Knock, knock, may We come in next? Dr_Vonschellan 02/21/18 01:09:32 PM
#91   We'll see $2.00pps again... NLT Friday March 2 Dr_Vonschellan 02/21/18 12:36:48 PM
#90   Knock, knock... may We come in? Dr_Vonschellan 02/21/18 12:24:17 PM
#89   Book5, you're missing the bigger more_subtle_point_in_the_Bloomberg_Black_Panther_analogy Dr_Vonschellan 02/21/18 10:44:18 AM
#88   Once Kat production starts hitting the market, cobalt book5 02/21/18 09:41:56 AM
#87   Black Panther's Lesson for Cobalt Dr_Vonschellan 02/21/18 04:15:12 AM
#86   Copper and cobalt down... doesn't mean sheet. Dr_Vonschellan 02/20/18 12:23:48 PM