Commodity prices have slumped and costs have escalated, squeezing the margins of major mining companies. Falling equities of junior miners have scared investors away along with the capital to keep themselves afloat. Necessity is the mother of invention, however, and many mining companies are learning that the key to survival is doing things differently.
Articles Tagged "Katanga Mining"
Cobalt – What investors need to know about new mining rules in top cobalt producer Democratic Republic of the Congo.
Cobalt – In the world’s top cobalt producer — the Democratic Republic of the Congo — less than 10 percent of the population has electricity.
Copper – Mining Weekly reported that power supply interruptions in the DRC have resulted in 67 days of lost production for Katanga Mining.
Cobalt – Mining Weekly reported that Katanga Mining's DRC production has been seriously hampered by a series of power outages.
Cobalt – Mining Weekly reported that Katanga Mining is drawing down $515.5 million from its senior secured facility backed by Glencore to fund part of the Phase four expansion of Katanga's copper/cobalt mine in the DRC.
Cobalt – Katanga Mining Limited (TSX:KAT) announced year-end financial results for 2011.
Cobalt – Glencore already owns more than 74 percent of Congolese copper and cobalt miner Katanga. Analysts say the commodities giant is looking to acquire the rest as Katanga plans to raise copper production to 300,000 tonnes a year by 2015.
Cobalt – Katanga Mining Limited (TSX:KAT) announced that its loan facilities are now executed and conditions for its redemption of notes are removed.
Cobalt – Katanga Mining Limited (TSX:KAT) announced its third quarter results as well as the expansion approval for its copper-cobalt project.