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Katanga Mining Limited (TSX:KAT)

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Last Post: 5/24/2019 2:04:34 PM - Followers: 5 - Board type: Free - Posts Today: 1



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 2019 First Quarter Financial Results 05/15/2019 09:56:00 PM
KAT News: Katanga Mining Announces Election of Directors 05/02/2019 08:00:00 AM
KAT News: Katanga Mining Announces 2019 First Quarter Production Results 04/29/2019 08:02:00 PM
KAT News: Katanga Mining Announces Change in CEO Position 04/17/2019 05:42:00 PM
KAT News: Katanga Mining Announces Limited Resumption of Cobalt Exports 04/15/2019 07:59:00 AM
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#363   Dear_USA (and_maybe China),_say goodbye_to_DRC. The_new "overseer"_is_moving in Dr_Vonschellan 05/24/19 02:04:33 PM
#362   Dear_Glencore, please_tell us_the cobalt_feedstock for_First_Cobalt is_coming from_KAT Dr_Vonschellan 05/22/19 10:02:20 AM
#361   And_how exactly do_you respond_Ivan? We_see nothing,_we_know nothing Dr_Vonschellan 05/16/19 12:03:17 PM
#360   Well surprise_surprise, Trump_excludes Chinese rare earths from Tariffs Dr_Vonschellan 05/16/19 10:49:27 AM
#359   How_China crawled_up DRC's_ass and_built a_nice fully-furnished luxury-condo Dr_Vonschellan 05/01/19 04:04:31 PM
#358   Battery explosions Dr_Vonschellan 04/29/19 12:34:13 AM
#357   DRC_scraps sentence for exiled_opposition leader Moise_Katumbi Dr_Vonschellan 04/20/19 02:58:36 PM
#356   She's_18, stacked_and hotazhell... she_coos_OK, just_put_the tip_back in Dr_Vonschellan 04/15/19 09:47:09 AM
#355   Ivanhoe_kisses the_ring, but_stops_way way_short of kissing/licking the_ask Dr_Vonschellan 04/09/19 12:08:19 PM
#354   VisualPolitik_EN breaks down_the_Congo mess_into_its most_basic terms Dr_Vonschellan 04/08/19 02:29:34 AM
#353   Barrick_gives a LIKE to one_head of_the two-headed dragon/vampire Dr_Vonschellan 04/03/19 01:37:30 PM
#352   WHO, Congo_Ebola outbreak spreading_faster than ever Dr_Vonschellan 04/02/19 02:05:24 PM
#351   Kabila_still holding_reins 3_months after DRC's_stolen election Dr_Vonschellan 04/01/19 09:51:26 PM
#350   Next_the Ebola_really kicks into_overdrive, then_all_the lights_will start to_dim Dr_Vonschellan 03/29/19 01:58:58 PM
#349   Joelix, RNI has_just downgraded DRC to worst_risk equal_to Venezuela Dr_Vonschellan 03/29/19 11:05:34 AM
#348   More_than a_third_of gold_mines in_Congo exposed_to Ebola Dr_Vonschellan 03/27/19 06:12:49 PM
#347   Ring Ring Dr_Vonschellan 03/24/19 02:06:03 AM
#346   Dear_Joelix, your_next trip_to_the_USA is_now being_slotted Dr_Vonschellan 03/18/19 10:54:32 PM
#345   Joelix, if_your power_goes down,_will you_accept_China help? Dr_Vonschellan 03/13/19 01:36:58 PM
#344   VW_to build 22,000,000_EVs by 2028 says CEO Herbert_Diess Dr_Vonschellan 03/12/19 10:59:56 AM
#343   Joelix, you might want_to begin double-checking_all the_electrical fuses Dr_Vonschellan 03/08/19 11:56:46 AM
#342   Honolulu Trader 03/07/19 08:22:07 AM
#341   Ooops, kindly_disregard my_last post. Dr_Vonschellan 02/14/19 11:58:31 AM
#340   Finally!_Bearing is_cited as_a "Comparable",_and we_here_are tickled-pink so_proud today Dr_Vonschellan 02/14/19 11:27:18 AM
#339   Oh_look! The_White House_is fretting_about Cobalt (to_fight 21st century_wars) Dr_Vonschellan 02/13/19 11:06:56 AM
#338   Ring Ring Dr_Vonschellan 02/06/19 04:20:34 PM
#337   Axios_hits the_nail right on_the_head. It's_the Royalty_tax stupid Dr_Vonschellan 02/06/19 11:44:11 AM
#336   Ford says_maybe we_won't, maybe we_will invest_in cobalt_mines Dr_Vonschellan 02/06/19 06:15:43 AM
#335   Ring Ring Dr_Vonschellan 02/05/19 02:44:59 PM
#334   Glencore_faces delays_in DRC over_building of vital_cobalt plant Dr_Vonschellan 02/01/19 03:02:39 PM
#333   It's_so_hard to_steal from_the national_treasury anymore Dr_Vonschellan 02/01/19 12:05:08 PM
#332   Bank of_England blocks_Maduro's $1.2B gold_withdrawal Dr_Vonschellan 01/26/19 01:19:02 PM
#331   Venezuela, well_this shouldn't_take too_much longer_now. Dr_Vonschellan 01/23/19 03:48:44 PM
#330   Testing 123, Testing 123, US_says let's_do Venezuela first Dr_Vonschellan 01/23/19 11:12:02 AM
#329   Did_Joey have_a 'Et_tu_Brute' nightmare last_night? Inauguration_postponed Dr_Vonschellan 01/21/19 01:18:01 PM
#328   Will the_people topple_Maduro? Does_a_bear sheet in_the_woods? Dr_Vonschellan 01/21/19 11:45:54 AM
#327   Ring Ring Dr_Vonschellan 01/21/19 11:20:50 AM
#326   Ring_Ring (Voila, just_make two_new_countries. North_DRC and South_DRC) Dr_Vonschellan 01/21/19 10:05:36 AM
#325   A tale_of two DRC_presidents. Fayulu_says he is DRC_President. Dr_Vonschellan 01/20/19 05:20:11 PM
#324   Ring Ring (the last party) Dr_Vonschellan 01/20/19 12:25:49 PM
#323   Ring Ring Dr_Vonschellan 01/20/19 10:05:20 AM
#322   Fayulu_calls for non-violent protests...IIIItttt's Hammer_Time! Dr_Vonschellan 01/20/19 09:07:06 AM
#321   Reuters_explains in_detail how Kabila using_Plan-B greased the_skids Dr_Vonschellan 01/19/19 10:24:36 PM
#320   Kabila/Tshisekedi Plan-B ticket_declared_winners. Democracy_kicked in_the_nuts again Dr_Vonschellan 01/19/19 09:44:18 PM
#319   IBM_and_Ford lead blockchain_scheme to_stop_Congo’s bleeding_cobalt Dr_Vonschellan 01/19/19 08:19:23 PM
#318   Ring Ring Dr_Vonschellan 01/19/19 01:42:22 PM
#317   Paul_Kagame, Pres_of_Rwanda, Chairman_of AU_arrives in DRC on_Monday Dr_Vonschellan 01/19/19 11:10:29 AM
#316   DRC flunky tells AU to pizz off Dr_Vonschellan 01/18/19 01:13:49 PM
#315   Ring Ring Dr_Vonschellan 01/18/19 01:05:16 AM
#314   SADC buckles_to_Kabila... but_maybe the African_Union has_a set_of real_balls Dr_Vonschellan 01/17/19 09:51:59 PM