glencore katanga mining limited

Glencore reportedly closing DRC ...

Meanwhile Glencorecontrolled Katanga Mining (TSX: KAT), which also produces copper and cobalt in the DRC, is currently subject to "a full and comprehensive business review", targeting efficiency ...

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#ParadisePapers: Glencore defends loan to Israeli who ...

Glencore's shareholding in Nikanor prior to the merger with Katanga Mining Limited (Katanga) was an equity interest of %. In January 2008, Nikanor and Katanga merged. The merger resulted in Glencore's % equity stake in Nikanor being converted into an % stake in the combined group.

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Appleby's room of secrets reveal Glencore's mysteries ICIJ

Nov 05, 2017· The review spread confusion through corporate headquarters in Europe, Asia and the Americas, including the offices of Katanga Mining Ltd. The Canadianheadquartered mining company held rights to valuable copper deposits in the DRC, and Glencore, already a Katanga shareholder, was eying the mine with ever greater enthusiasm.

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Katanga | Mining News

Glencore Plc increased cobalt production by almost a third after restarting output at its Katanga unit in the Democratic Republic of Congo. The Swiss commodity giant is seeking to double its production of cobalt in the next two years, tightening...

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KATANGA MINING LIMITED (KATFF) Interactive Stock Chart

Katanga Mining Ltd, a unit of Glencore Plc, said on Monday it resumed exporting and selling a limited quantity of cobalt from its Kamoto Project in the Democratic Republic of Congo (DRC ...

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KAT Stock Price | Katanga Mining Ltd. Stock Quote (Canada ...

Katanga Mining Ltd. Katanga Mining Ltd. is a holding company, which engages in mining, processing, and selling of copper and cobalt metal. It operates a copper cobalt mine complex in the ...

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Katanga Mining Ltd (OTCMKTS:KATFF) Destined For Further Gains

Katanga Mining Ltd (OTCMKTS:KATFF) has bounced back, after coming under pressure mid last year, on announcing plans to restate financial statements to correct inaccuracies in copper production. Two high ranking executives were forced to step down, following the controversy, a move that spooked investors sending the stock lower. Fast forward, the dust on management shakeup [.]

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Glencore plans to shut giant cobalt and copper mine in ...

Aug 07, 2019· Also on Tuesday, Glencore's key Katanga Mining Ltd. unit in the Congo lowered its guidance for 2019. Katanga said it's now expecting to produce about 235,000 tons of copper this year and about 14,400 tons of cobalt. That compares with a previous forecast of 285,000 tons of copper and 26,000 tons of cobalt.

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Why Glencore bought Israeli tycoon out of Congo mines ...

Mar 13, 2017· Glencore now owns all of Mutanda Mining, and 86 per cent of Katanga Mining, and its increased ownership of the two assets gives the group greater .

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Glencore's Katanga pays 22 million to settle Canada ...

Dec 19, 2018· Glencorecontrolled Katanga Mining Ltd said on Tuesday it agreed to pay more than 22 million to settle Canadian allegations of inadequate historical .

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Katanga Mining : Enters Into Management Services Agreement ...

Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announced that the Company has entered into a management services agreement with Glencore International AG ("GIAG").. Katanga has entered into the management services agreement to better reflect the integrated nature of Katanga`s and GIAG`s businesses and enhance existing controls.

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Katanga Mining, CEO and former insiders to pay ...

Dec 18, 2018· Katanga Mining Ltd., its chief executive and six former insiders admitted they broke Canadian securities laws and have agreed to pay in penalties in .

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Glencore purchases stakes in Mutanda and Katanga | Geology ...

In addition, Glencore has acquired a further 15,325,000 shares in Katanga Mining Limited ("Katanga"), corresponding to an approximate % stake, which were held as the security for a loan provided to Ruwenzori Limited, a member of the Fleurette group, in connection with Ruwenzori's acquisition of 25,000,000 shares in Nikanor PLC which ...

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Glencore studying recapitalisation of DRC copper unit ...

Apr 23, 2018· Glencore said its Katanga Mining subsidiary, which owns the Kamoto Copper Company in the DRC, is looking at converting debt into equity or forgiving a portion of the company's debt to resolve ...

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Katanga Mining inks pact with Glencore and appoints new ...

Jan 22, 2019· Katanga Mining inks pact with Glencore and appoints new CEO CFO Katanga Mining Limited announced that the Company has entered into a management services agreement with Glencore .

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Glencore's Katanga to resume sales of cobalt after uranium ...

Apr 15, 2019· KATANGA Mining, a unit of UKlisted mining and marketing group, Glencore, would resume exports and sales of limited quantity cobalt from its Kamoto project in the Democratic Republic of Congo, said Reuters. Katanga said in November that it had temporarily suspended the export and sale of cobalt from the project after uranium was found in [.]

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