Katanga Mining Limited (KAT)

[book5]

soon KAT should provide news (ramp up production of cobalt), hopefully news are not discounted. Following extracted from report available at:

http://www.katangamining.com/media/news-releases/2018/2018-01-31.aspx



Outlook
•During Q1 2018: ?Open pit mining operations are expected to continue to feed ore to the run of mine stockpiles in accordance with the optimized ore blending strategy, and waste stripping in both KOV and Mashamba East open pits will continue;
?Backfill and care and maintenance activities at KTO underground operations are expected to continue to ensure operational readiness for underground operations resuming in future years;
?Phase 2 construction activities on the WOL Project to continue and are expected to progress according to the 2018 project execution plan;
?KTC (including KITD), and Luilu are expected to ramp-up the operations to produce copper and cobalt in accordance with the ramp-up plan;
?Execution of the acid plant, cobalt dryers and cobalt de-bottlenecking projects are expected to continue to ensure the completion of the planned project schedules;
?Various continuous improvement initiatives relating to production enhancement and consumable inventory reduction are expected to be implemented to ensure the efficiency of operations.