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Katanga Mining Limited (TSX:KAT)

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Last Post: 1/16/2018 11:34:09 PM - Followers: 6 - 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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KAT News: Investors are Powering Up on Cobalt Stocks as Price Hits 9-Year High 12/21/2017 08:45:00 AM
KAT News: L'OCRCVM permet la reprise de la négociation - KAT 12/12/2017 01:09:00 PM
KAT News: IIROC Trade Resumption - KAT 12/12/2017 01:07:00 PM
KAT News: Suspension de la négociation par l'OCRCVM - KAT 12/12/2017 01:00:00 PM
KAT News: IIROC Trading Halt - KAT 12/12/2017 12:59:00 PM
#55   Down in the dumps? This will_put_things_in_proper_perspective._Apple's_iPhone Dr_Vonschellan 01/16/18 11:34:08 PM
#54   Provides DRC is at peace, much higher than now book5 01/09/18 10:17:37 AM
#53   Question: where will Kat be in 7 yrs tootalljones 01/08/18 01:29:03 PM
#52   KAT made 900% since my call at 28 ~ Blue ~ 01/04/18 09:30:02 AM
#51   Unreal. eom nowwhat2 01/03/18 07:43:37 PM
#50   Sorry, in October I_predicted_$2.00pps_by_Dec_31...I_was 3_days_off Dr_Vonschellan 01/03/18 01:29:38 PM
#49   When the going_gets_tough,_the_tough_get_going. Dr_Vonschellan 12/24/17 01:33:49 PM
#48   UN to close four bases in DR Congo Dr_Vonschellan 12/20/17 03:50:47 PM
#47   Surprise, turns out Russia does_want_to_help_DRC...well,_who_would've_thunk_it? Dr_Vonschellan 12/17/17 11:09:50 AM
#46   BMW demand for cobalt will grow_10-fold_by_2025. Dr_Vonschellan 12/15/17 06:59:58 PM
#45   Oh yeah, I know : Vested interests....2 of nowwhat2 12/15/17 02:20:07 AM
#44   Militiamen jailed in DR Congo's_Kavumu_for_raping_40_children Dr_Vonschellan 12/15/17 02:07:23 AM
#43   Nowwhat2, when you see in the_fine_print_the_statement Dr_Vonschellan 12/15/17 02:04:39 AM
#42   Nice article re Cobalt ?....I dunno. nowwhat2 12/14/17 02:05:27 PM
#41   Volkswagen wants 5-yr cobalt_contract._Entschuldigung,_nicht_heute...sagt_Glencore Dr_Vonschellan 12/14/17 12:39:09 PM
#40   Oh ok I'll look into 'em but I nowwhat2 12/12/17 03:48:40 PM
#39   Nowwhat2, Bearing on the Canadian exchange is Dr_Vonschellan 12/12/17 03:18:50 PM
#38   Dear Dr. Vonshlongenberg, nowwhat2 12/12/17 02:08:03 PM
#37   Correction. $2.00pps by end of the_year_I_predicted_Oct_20._Mark_my_word. Dr_Vonschellan 12/12/17 12:46:16 PM
#36   $2.00pps by end of the year_I_predicted_Oct_20._Mark_my_word. Dr_Vonschellan 12/12/17 11:13:05 AM
#35   Here come da' Cobalt_Debottlenecking_Project. Hip, hip, hooray_for_Debottlenecking. Dr_Vonschellan 12/11/17 10:38:10 AM
#34   Awww bummer news for_battery_makers... cobalt_prices_going_up_on_Monday Dr_Vonschellan 12/06/17 01:21:46 AM
#33   It is either the DRC-Cobaltway... or_the_Highway... it_is_time_to_choose Dr_Vonschellan 11/30/17 02:06:33 PM
#32   Ring ring, VW, you want cobalt at_$23/lb?_ Ha-ha_you're_so_funny._Hold_the_phone Dr_Vonschellan 11/27/17 01:00:13 PM
#31   BMW Joins Race to Secure_Cobalt_for_Electric-Vehicle_Batteries Dr_Vonschellan 11/24/17 03:58:38 PM
#30   You would have to be an_idiot_to_think_DRC_could_take_over_this_mine Dr_Vonschellan 11/22/17 01:49:37 PM
#29   Breathe safely once again Africa, Mugabe finally Resigns Dr_Vonschellan 11/21/17 11:59:00 AM
#28   Oh noooo Mr_Bill. CATL loves_DRC_cobalt_for_today..._and_tomorrow Dr_Vonschellan 11/07/17 11:08:01 AM
#27   China being_urged to ease reliance on DRC_for_cobalt Dr_Vonschellan 11/07/17 10:51:06 AM
#26   DRC elections set for December 2018 Dr_Vonschellan 11/06/17 11:06:21 AM
#25   just give it a chance. read my tootalljones 11/04/17 07:17:55 PM
#24   Cobalt is Congo Dr_Vonschellan 10/28/17 11:13:42 AM
#23   Tesla Turns the Power_Back_On_At_Children's_Hospital_In_Puerto Rico Dr_Vonschellan 10/25/17 03:36:29 PM
#22   You gotta love this company. I have been nrcmedia 10/20/17 12:43:16 PM
#21   Cobalt up 80%_YTD. If I didn't_own_this_stock_I_would be_so_very_upset Dr_Vonschellan 10/20/17 01:00:23 AM
#20   Glencore (our Daddy) is going to reinstate_dividends. Dr_Vonschellan 08/10/17 04:21:56 PM
#19   Glencore (our Daddy) pens_large_cobalt_deal_securing EV_battery supplies for VW Dr_Vonschellan 07/06/17 10:24:46 PM
#18   Volkswagen proclaims, Anything Tesla can do, we_can_surpass. Dr_Vonschellan 05/08/17 11:01:22 AM
#17   The biggest Cobalt mine KAT.T or KATFF ~ Blue ~ 05/03/17 05:10:11 PM
#16   An Update On Katanga Mining ~ Blue ~ 04/21/17 09:07:15 AM
#14   China’s target for 5m electric vehicles by 2020 ~ Blue ~ 04/11/17 01:05:02 PM
#13   Tesla's Evolving Cobalt Nightmare ~ Blue ~ 04/11/17 12:40:56 PM
#12   Katanga posted New Technical report: Area produces ~ Blue ~ 04/11/17 10:54:42 AM
#11   Tesla 's Evolving Cobalt Nightmare [/ ~ Blue ~ 04/11/17 10:53:45 AM
#10   The world third biggest mining company Glencore holds ~ Blue ~ 04/11/17 10:52:54 AM
#9   KAT.T or KATFF is the world biggest Cobalt ~ Blue ~ 04/11/17 10:51:54 AM
#8   Dear Vladimir, forget Syria, come to DRC_and_work_your_magic_here. Dr_Vonschellan 04/07/17 03:15:40 PM
#7   Oh good... Russia wants to help in the Dr_Vonschellan 03/22/17 04:18:35 PM
#6   Cobalt, everyone_loves cobalt... very_soon_everyone will covet cobalt. Dr_Vonschellan 03/14/17 02:36:09 PM