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.
The company operates a large-scale copper-cobalt mine complex in the Democratic Republic of Congo (DRC) through two joint ventures, Kamoto Copper Company (KCC) and DRC Copper and Cobalt Project (DCP). According to the company, it has the potential to become Africa’s largest copper producer and the world’s largest cobalt producer. World’s largest of anything is always a tantalizing opportunity. Estimates put the Democratic Republic of Congo at having 10% of the world’s copper and 50% of its cobalt.