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Katanga Mining Limited (TSX:KAT)

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Last Post: 2/22/2018 10:15:15 AM - Followers: 7 - 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 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
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
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PostSubject
#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
#85   Copper and cobalt down book5 02/20/18 11:14:57 AM
#84   Finally, by simply looking_at Thailand_rice_we_see_the_bigger_future_for_DRC_cobalt Dr_Vonschellan 02/19/18 11:29:11 AM
#83   Finally, Joseph Kabila can put his_Chinese_language_skills_to_work_this_week Dr_Vonschellan 02/11/18 10:48:33 PM
#82   Finally, the highest price ever_for_cobalt_at_$81,500_per_tonne. Dr_Vonschellan 02/11/18 07:08:55 PM
#81   Finally, some tangible progress in the DRC. Dr_Vonschellan 02/10/18 08:05:00 PM
#80   Corrupt they are book5 02/06/18 11:30:11 AM
#79   DRC’s angry 4F-ing Gécamines wants to legitimately control the_cobalt_market. Dr_Vonschellan 02/06/18 10:21:33 AM
#78   so if the S&P continues to dip or jigen9378 02/06/18 01:59:10 AM
#77   Congo Launches Cobalt Tax Grab. douginil 02/05/18 11:55:50 PM
#76   Congo First policy!! Sounds familiar ... book5 02/05/18 06:03:34 PM
#75   Why stop at 4 F's? Because little/no_brain_myopic_people_can_only_handle_4_things_maximum Dr_Vonschellan 02/05/18 04:02:19 PM
#74   Why stop at 4 F's? douginil 02/05/18 03:57:07 PM
#73   DRC tells Brussels Airlines to_cut_flights_as_tensions_spiral Dr_Vonschellan 02/05/18 03:40:00 PM
#72   Randgold calls Congo’s new mining code “draconian”. Dr_Vonschellan 02/05/18 02:38:44 PM
#71   Book5, extracting the_resources_a_majority_of_the_world_needs to survive and prosper almost Dr_Vonschellan 02/02/18 02:05:32 PM
#70   hope it's finally bottom now...i think it should jigen9378 02/02/18 10:46:45 AM
#69   Doctor I doubt anybody can run a company book5 02/02/18 01:32:32 AM
#68   Doctor I doubt anybody can run a company book5 02/02/18 01:32:27 AM
#67   Doctor I doubt anybody can run a company book5 02/02/18 01:32:15 AM
#66   Book5, but the private guards_surrounding_the_mine_are_strong. Dr_Vonschellan 02/01/18 04:49:57 PM
#65   Looking at the share price action, one would book5 02/01/18 04:04:21 PM
#64   Dear Scaredy Cats, please all_of_you now_pee_your_pants_at_1:00PM_ET_today. Dr_Vonschellan 02/01/18 12:48:26 PM
#63   Glencore is now expecting to produce 39,000MT_of_Cobalt_in_2018 Dr_Vonschellan 02/01/18 09:58:23 AM
#62   Dear Scaredy Cats, Thank you for_your_cheap_shares_the_last_3_days. Dr_Vonschellan 01/31/18 10:04:37 AM
#61   Dear Scaredy Cats, I have_just_gotten_a_call_from_the_Chinese_short-sellers Dr_Vonschellan 01/29/18 01:45:16 PM
#60   Dear Scaredy Cats, pick. Do you prefer_Sheethole_President_A_or Dr_Vonschellan 01/26/18 01:48:43 PM
#59   Dear Scaredy Cats, pick. Do you prefer_to_be_in_Sheethole_A_or_Sheethole_B? Dr_Vonschellan 01/25/18 01:48:06 PM
#58   When is the mine likely to be up Bustin 01/23/18 10:45:31 AM
#57   Japanese cobalt-traders find there is none left_to_buy Dr_Vonschellan 01/18/18 01:55:46 PM
#56   I remember that wasn’t that last feb/March of 2017 LongtermLopes 01/17/18 11:07:31 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
PostSubject