However, given that Katanga operates a single-site mining complex, we will discount the price by 20% for lack of diversification, which would imply a fair value of US$4.00 (CA$4.80) in 2019.

Investors can view Katanga Mining's Q1 2019 financials here. They show a Q1 2019 loss of $0.09 per diluted share, not helped by no cobalt sales and weak pricing for copper. Debt levels are quite ...

Glencore said Katanga Mining will issue $5.6 billion in stock, which it will use to retire debt. The company had been saddled with $9.2 billion in high-interest debt, most of which is owed to ...

Katanga Mining, a unit of Glencore, said it would withhold payment of $250 million for land it agreed to buy from Gecamines in the Democratic Republic of Congo while executives at the state mining ...

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 Glencore owns 99.46% of its shares.

Glencore-controlled Katanga Mining Ltd said on Tuesday it agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in ...

(RTTNews) - Katanga Mining Limited (KAT.TO) said that its 75% subsidiary Kamoto Copper Company or "KCC" has entered into an agreement with La Générale des Carrières et des Mines or "Gécamines ...

Multinational commodities trader and mining company Glencore will take Katanga Mining private, the TSX-listed subsidiary, which has operations in the Democratic Republic of Congo (DRC), announced on ...

Commodity giant Glencore’s majority owned and publicly traded Democratic Republic of Congo- (DRC-) focused copper/cobalt unit Katanga Mining is ramping up output after resuming production from ...

LONDON (MarketWatch) -- Central African Mining withdrew its C$1.5 billion offer for Katanga Mining it made just a week ago, citing the uncertainty of its own licenses in the Congo following the ...

TSX-listed Katanga Mining, which is a subsidiary of diversified miner Glencore, has appointed Samuel Rasmussen COO. Rasmussen, who holds a BSc in Chemical Engineering and Petroleum Refining from ...