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Katanga Mining Limited (TSX:KAT)

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Last Post: 11/17/2018 11:16:31 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.

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).


The other institutions that hold Katanga Shares

Citibank China Co Ltd 53,668,000


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 Announces Lifting of Customs Restrictions and Resumption of Imports and Exports 11/16/2018 08:30:00 AM
KAT News: Katanga Mining Announces Third Quarter Financial Results 11/14/2018 09:52:00 PM
KAT News: IIROC Trade Resumption - KAT 11/06/2018 09:40:00 AM
KAT News: L'OCRCVM permet la reprise de la négociation - KAT 11/06/2018 09:40:00 AM
KAT News: Katanga Mining Temporarily Suspends Cobalt Sales 11/06/2018 09:25:00 AM
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#227   Dear China_Molybadenum, you_might_want to_kiss_25% of your "independent"_miners Dr_Vonschellan 11/17/18 11:16:31 PM
#226   50% up since yesterday’s lows, not bad.... tikotiko 11/16/18 07:43:24 PM
#225   Douginil, we need to know_our history...warts and_all. Dr_Vonschellan 11/16/18 02:19:30 PM
#224   Thanks Dr. For the article about douginil 11/16/18 01:39:18 PM
#223   I agree that the SP should be a tikotiko 11/16/18 12:15:05 PM
#222   February 6, 2019__$2.00pps Dr_Vonschellan 11/16/18 10:10:38 AM
#221   Awww, short-sellers got_their ass_burned properly_today. Our_sincere_condolences. Dr_Vonschellan 11/15/18 09:10:09 PM
#220   Growing_Fear The_Ebola_Outbreak In Congo_Could_Get Much_Worse Dr_Vonschellan 11/15/18 03:54:50 PM
#219   Martin_Fayulu, Save the DRC. Dr_Vonschellan 11/11/18 06:30:03 PM
#218   Are malaria-carrying mosquitoes attracted to cobalt? Dr_Vonschellan 11/08/18 01:04:13 PM
#217   Horsemen_of the_Apocalypse:_War and_Ebola_in Eastern_Congo Dr_Vonschellan 11/07/18 02:43:39 PM
#216   Tikotiko, I'm hearing_through_the_grapevine that_piles_of_cobalt attract_swarms of_locusts Dr_Vonschellan 11/07/18 10:02:10 AM
#215   Thanks, I bought a few more today. tikotiko 11/06/18 06:20:49 PM
#214   Tikotiko, the_seaport inspector_that recorded_the_high radiation_level yesterday Dr_Vonschellan 11/06/18 03:11:55 PM
#213   Hi Dr., tikotiko 11/06/18 01:53:21 PM
#212   February 6, 2019__$2.00pps. Thanks_for the cheap_shares this_morning. Dr_Vonschellan 11/06/18 11:16:54 AM
#211   Dear Xi_Jinping, you_might want_to buy_5,000 Geiger_counters to_check Dr_Vonschellan 11/06/18 10:54:48 AM
#210   Slippery_bad boy_China_keeping the_price of_cobalt_artificially low_again, tsk_tsk. Dr_Vonschellan 11/05/18 10:03:11 AM
#209   China_slashing the car_sales_tax from 10%_to_5% to_revive Dr_Vonschellan 11/02/18 02:10:54 PM
#208   Well_it_is that_time of_the_year to_predict_the next_date_for $2.00pps_KATFF Dr_Vonschellan 11/02/18 10:59:06 AM
#207   Get_Ready, this_could be_the big_one. Ebola experts_being pulled_out Dr_Vonschellan 10/15/18 10:48:24 PM
#206   Ebola cases spike as nervous communities stop cooperating Dr_Vonschellan 10/11/18 11:51:24 AM
#205   Red Cross workers attacked in Beni Congo Dr_Vonschellan 10/04/18 09:18:37 PM
#204   Kabila addresses_the_UN. Dear UN, get out. Dr_Vonschellan 09/26/18 10:08:46 PM
#203   Ladies and Gentlemen, we got him Dr_Vonschellan 08/08/18 03:56:33 PM
#202   Book5,_please_don't tag_my_posts. People will_think_I_am a_dope also_by_association Dr_Vonschellan 08/06/18 09:29:43 AM
#201   https://www.google.co.uk/amp/s/www.geekwire.com/2018/microsoft-toyota-revving-interest-hydrogen-fuel book5 08/06/18 12:15:37 AM
#200   Lift the blockade against Katumbi. Dr_Vonschellan 08/04/18 07:20:40 PM
#199   Cobalt just got more expensive in the USA. Dr_Vonschellan 08/03/18 03:28:20 PM
#198   Zimbabwe_descends into_same_old sheet_again (The_4Fs). KAT_down_2% Dr_Vonschellan 08/03/18 10:42:30 AM
#197   No Zimbabwe_Presidential candidates_assassinated. KAT pps_rises_8% Dr_Vonschellan 07/31/18 11:39:10 AM
#196   Glencore reports higher output from key DRC asset Shindoesca 07/31/18 10:36:18 AM
#195   Katanga mining announces 2018 second quarter production results Shindoesca 07/31/18 10:33:02 AM
#194   Naughty_naughty Tesla, tsk_tsk,_you can't_sneak Cuban_cobalt into_American_made_cars. Dr_Vonschellan 07/20/18 10:50:50 AM
#193   Book5, please follow the advice of the Mr-Know-It-All Dr_Vonschellan 07/17/18 03:51:25 PM
#192   I have some cash To add book5 07/17/18 02:39:23 PM
#191   Kaliba is_picking more nose_boogers to throw into December_election Dr_Vonschellan 07/14/18 03:08:30 PM
#190   My bet: book5 07/10/18 02:02:45 PM
#189   Glencore_will_repurchase $1B shares_in_buyback to_reassure_investors Dr_Vonschellan 07/07/18 01:43:31 PM
#188   Same feeling here book5 07/06/18 09:55:16 AM
#187   What's_happening you_ask? Sheet_on-top_of_more sheet_is what's_happening Dr_Vonschellan 07/03/18 11:58:28 AM
#186   what is happening here? book5 06/27/18 10:27:16 AM
#185   For_all you_automakers_who want_to_skimp on_cobalt_stabilizer in_your_batteries Dr_Vonschellan 06/18/18 10:03:10 PM
#184   see the last couple days entries, towards the tootalljones 06/13/18 02:39:37 PM
#183   It appears that Katanga will issue $5.6 billion book5 06/12/18 06:13:32 PM
#182   Cory booker is a total fraud, fraudulent academics, tootalljones 06/11/18 12:50:52 PM
#181   We must_be worth_billions_and billions_as_Carl Sagan_would_say. Dr_Vonschellan 06/07/18 11:25:59 PM
#180   That's what can happen....eh nowwhat2 06/05/18 01:02:58 AM
#179   Lock_the_gates, Shut_every single_mine_down... till next year. Dr_Vonschellan 06/04/18 07:59:15 PM
#178   Decent price recovery. book5 06/04/18 01:16:27 PM