Articles Tagged "Katanga Mining"

Tough Market Forcing Mining Companies to Think Outside the Box

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.

Glencore Poised to Fully Acquire Congolese Copper, Cobalt Miner Katanga, Analysts Say

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.