According to an analysis by the British agency Reuters published on this subject, it appears that Glencore produced 20,400 tonnes of cobalt (+7%) in the first half of 2023, dependent on its Mutanda mine not in good enough shape, delivering only 5,800 tonnes, a situation offset by the improvement in cobalt recoveries at Katanga Cooper Company ...

Today Glencore announced it will purchase the 31% stake in the copper-cobalt project owned by Gertler's Fleurette Properties Limited, taking full ownership of the mine from its present 69% share ...

Glencore is taking its Toronto-listed Congo unit Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and …

4. Katanga operates copper and cobalt mining and refinery facilities in the Democratic Republic of the Congo ("DRC"), a country perceived to have significant risk of public sector corruption. 5. Glencore has been Katanga's majority shareholder since 2009. Glencore acquired control of Katanga through a series of transactions that commenced in 2007.

Glencore has purchased the remaining 31% stake of Fleurette Group's Mutanda Mining Sarl and also gained a 10.25% interest in Katanga Mining for a total consideration of $960m. Both mines are located in the …

Katanga Mining Limited (KAT.TSX ): Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock Katanga Mining Limited | Toronto S.E.: KAT | Toronto S.E. ... Glencore: Katanga Mining conclut un accord pour le rachat de terres à Gécamines 19-12-20: More news. Managers and Directors: Katanga Mining Limited ...

Own sourced copper production of 1,058,100 tonnes was 137,600 tonnes (12%) lower than 2021, due to the basis change arising from the sale of Ernest Henry in January 2022 (44,800 tonnes), the ongoing geotechnical constraints at Katanga (44,300 tonnes), Collahuasi planned mining sequence changes (26,100 tonnes) and a lower contribution from Mount ...

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).

Glencore plc Baar, Switzerland 20 November, 2017 Announcement in connection with Katanga Mining Limited Glencore notes the announcement today by Katanga Mining Limited ("Katanga") of the completion of an internal review of certain of Katanga's historic accounting practices (the "Review") and the restatement of

KCC is a joint venture, with 75% held by Katanga Mining Ltd (indirectly wholly owned by Glencore plc one of the world's largest globally diversified natural resource companies.) and 25% held by the state-owned Général des Carrières et des Mines SA (Gécamines). KCC's RMI identification number is CID003261 (cobalt) and CID004394 (copper). 2.

Glencore owns approximately 86.3% of Katanga. It has agreed to swap $5.8bn in debt for equity, which will raise further stake in the firm. As part of the $5.8bn in debt owed to Glencore, Katanga Mining will repay with …

The adjusted cash consideration payable by Glencore for these transactions is $534m. Furthermore, Glencore has bought additional 15,325,000 shares in Katanga Mining that forms nearly 0.8% stake. This additional stake is held as a security for the loan provided to Fleurette group member Ruwenzori, which acquired 25 million shares in Nikanor.

Today Glencore announced it will purchase the 31% stake in the copper-cobalt project owned by Gertler's Fleurette Properties Limited, taking full ownership of the mine from …

(c) Katanga's submissions found within the U.S. Federal District Court of the District of New Jersey, Katanga Mining Limited Securities Litigation, 17-cv-12188-CCC-JBC (D.NJ); (d) Glencore's non-core document disclosure dated April 25, 2019, Glencore's 2019

"Katanga Mining Limited… has entered into a definitive agreement with Glencore International pursuant to which the company would be taken private by way of an amalgamation of the company with 836074 Yukon Inc.," Katanga said in a statement. ... Katanga shareholders other than Glencore will receive 0.16 Canadian dollars in cash per share ...

Copper and cobalt producer Katanga Mining has announced its plans to raise around C$7.6bn (approximately $5.8bn) under a discounted rights offering with parent organisation Glencore. Drilling in Katanga's Kamoto …

Glencore is taking its Toronto-listed Congo unit Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the costs of a stock exchange listing as reasons for the move. Katanga Mining, which produces copper and cobalt from mines in the southern copper belt of Democratic Republic of Congo, was first listed in August 1997 and …

According to sources familiar with the matter, the two commodity traders successfully bid for copper from the Tenke Fungurume mine, which is majority-owned by China's CMOC Group Ltd. Mercuria secured 50% of Gécamines' allocated copper, while Glencore obtained 25%. The remaining 25% has yet to be assigned.

Katanga Mining also holds a 75% stake in two joint ventures with Gécamines, a state-owned mining company in the DRC: Kamoto Copper Company (KCC) and DRC Copper and Cobalt Project (DCP). Overall, Glencore has in the DRC most of …

The Group's operations comprise around 150 mining and metallurgical sites, oil production assets and agricultural facilities. With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries.

Mark Davis, Chief Executive Officer / Executive Director of Katanga Mining Ltd, a subsidiary of Glencore, was received by Sylvestre Ilunga Ilunkamba on Tuesday. The two men took stock of the activities of this mining company in the DRC. He also presented promising prospects for his company in the coming days.

Glencore refers to the announcement today by Katanga Mining Limited ("Katanga") in which it announced that Katanga's 75% subsidiary Kamoto Copper Company ("KCC") has entered into …

Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; ... Glencore is one of the world's leading producers and marketers of copper. ... Katanga is a large-scale copper-cobalt operation …

Katanga Mining Limited: News, information and stories for Katanga Mining Limited | Toronto S.E.: KAT | Toronto S.E. ... Glencore : Congo unit Katanga Mining to go private, warns of possible COVID-19 impact 20-04-22. RE Katanga Mining Limited Announces Operating Results for the First Quarter Ended March 31, 2020; Provides Operating Guidance for ...

Glencore notes the announcement today by Katanga Mining Limited ("Katanga") that Katanga has entered with others into a settlement agreement ("Settlement Agreement") …

Glencore in the DRC; Mutanda Mining; Kamoto Copper Company; Astron Energy; Katanga Mining Limited; Koniambo; Glencore Australia; Viterra Australia; Bulga Coal; Liddell Coal; Mangoola; ... We produce copper and cobalt hydroxide from our two open pit mines KOV and Mashamba East and from our KTO underground mine. We have implemented targeted ...

On April 22, 2020, Katanga Mining Limited ("Katanga" or "The Company") announced that it had entered into a definitive agreement with Glencore International AG pursuant to which Glencore …

Glencore en Afrique du Sud; Kamoto Copper Company; Astron Energy; Katanga Mining Limited; KONIAMBO; Glencore in Australia; Viterra Australia; Bulga coal; LIDDELL COAL; MANGOOLA; McArthur River Mine ; MT OWEN COMPLEX; RAVENSWORTH OPERATIONS; ULAN COAL; United Wambo Joint Venture Open Cut; Wandoan Coal;

Glencore is one of the world's largest producers and marketers of copper. In the Democratic Republic of the Congo, we mine and process copper ore at our Kamoto Copper Company (KCC) and Mutanda Mining (MUMI) operations. Our integrated …

KCC was established in 2008 through the merger of Nikanor's DRC Copper Project and Katanga Mining's Kamoto Operating Limited. In 2013, Glencore acquired a 75% stake in the business. ... Mutanda Mining (MUMI) is an integrated producer of copper and cobalt located in the Lualaba region of the DRC. Mutanda Mining is currently fully owned by ...

2013: Glencore invests in Kamoto, acquiring a 75% shareholding through Katanga Mining; 2014: KCC becomes a limited company according to OHADA (Organization for the Harmonisation of Business Law in Africa) 2015: KCC's refinery and concentrator facilities enter care and maintenance to enable construction of the Whole Ore Leach (WOL) expansion ...

Glencore has today purchased from subsidiaries of Fleurette Properties Limited ("Fleurette") the Fleurette group's remaining 31% stake in Mutanda Mining Sarl (the "Mutanda …

Katanga Mining announced on Friday it has secured $635.5 million in new loan facilities from parent Glencore International to fund the expansion of its Democratic Republic of Congo copper-cobalt mine.