SureTrader
Nadex Advertisement
Interactive Brokers Advertisement
Home > Boards > Canadian > Alternative Energy >

Katanga Mining Limited (TSX:KAT)

TSX:KAT RSS Feed
Add TSX:KAT Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board: 
Last Post: 7/6/2017 10:24:46 PM - 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/
----------------------------------------------------------------------------------------------------------------------------

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
--------------------------------------------------------------------

BSG Capital Markets PCC Limited

Direct Ownership Common Shares 26,504,383
--------------------------------------------------------------------

Central African Mining & Exploration Company plc

10,175,130 shares


********************************************************************

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

********************************************************************

Katanga Mining Is A Potential Turnaround Story

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

********************************************************************
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

------------------------------------------------------------------

COBALT PRICE INCREASED 150%


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

------------------------------------------------------------------


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.

TSX:KAT
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
KAT News: Katanga Mining Announces 2017 First Quarter Financial Results, Appointment of New Chief Operating Officer and Election of Dir... 05/11/2017 07:55:00 AM
KAT News: Katanga Mining Announces 2017 First Quarter Production Results and Date for Release of 2017 First Quarter Financial Results 05/03/2017 06:00:00 PM
KAT News: Katanga Mining Confirms No Corporate Developments 02/22/2017 09:50:00 AM
KAT News: Katanga Mining Announces 2016 Fourth Quarter and Year End Financial Results 02/08/2017 05:01:00 PM
KAT News: Katanga Mining announces ore reserves and mineral resources 02/01/2017 05:04:00 PM
PostSubject
#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
#15   VIDEO THE WORLD BIGGEST COBALT PRODUCERKATANGA MINE! ~ Blue ~ 04/15/17 02:14:51 PM
#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
#5   GlencoreXstrata: Working Conditions at Katanga Mining Ltd. DR Congo neurogen 08/19/14 08:45:28 AM
#4   Nice Q1 results, very profitable. 12thman 06/19/11 12:23:35 AM
#3   Potentially the world's largest cobalt producer and Africa's 12thman 06/19/11 12:21:25 AM
#2   The chart is all over the place. 12thman 06/19/11 12:20:50 AM
#1   Adding Katanga to my watchlist. 12thman 06/19/11 12:20:29 AM
PostSubject