WhatsApp)
Apr 27, 2020· ZUG, SWITZERLAND, April 22, 2020 – Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") announces that it has entered into a definitive agreement (the "Acquisition Agreement") with Glencore International AG ("GIAG") pursuant to which the Company would be taken private by way of an amalgamation (the "Amalgamation") of the Company with 836074 Yukon Inc. .

Katanga Mining Ltd (TSX:KAT) is a mining company operating in the Democratic Republic of the Congo with its headquarters in Mining operates a major mine complex in the Congo''s Katanga Province, producing refined copper and claims to have the "potential of becoming Africa''s largest copper producer and the world''s largest cobalt producer."

Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The Company has the potential to become Africa''s largest copper ...

Apr 22, 2020· Glencore to take Torontolisted Katanga Mining private at premium Back to video "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.

Aug 06, 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 .

In Canada, we produce and market a diverse range of metals and minerals – such as copper, zinc and nickel. We also produce cobalt as a byproduct of some of our operations along with precious metals.

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 an agreement with La Générale des Carrières et des Mines ("Gécamines"), its 25% joint venture partner in KCC, to acquire from Gécamines a comprehensive land package covering areas adjacent to KCC''s ...

Nov 07, 2019· About Katanga Mining Limited. Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The Company has the potential to become Africa''s largest copper producer and the world''s largest cobalt producer. Katanga is listed on the Toronto Stock Exchange under the symbol KAT.

Apr 22, 2020· Glencore is taking its Torontolisted Congo business Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the .

Apr 13, 2020· Credit: Katanga Mining Limited. Sign up here for GlobalData''s free biweekly Covid19 report on the latest information your industry needs to know. Glencore''s Katanga Mining will repatriate 350 Indian contractors at its 75%owned Kamoto Copper Company (KCC) after the company halted the commissioning of its acid plant in the Democratic ...

Nov 18, 2019· In the event that Glencore becomes the beneficial owner of 90% or more of the Common Shares of Katanga, Glencore will be able to take Katanga private without ... About Katanga Mining Limited.

Jun 03, 2020· Glencore International AG Paul Smith T: +41 41 709 24 87 C: +41 79 947 13 48 . About Katanga Mining Limited. Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative. This announcement contains inside information.

Katanga is a limited company whose common shares are listed on the TSX under the symbol "KAT". The Company''s registered office address is Suite 300, 204 Black Street, Whitehorse, Yukon, Canada Y1A 2M9. Katanga''s ultimate parent company is Glencore plc ("Glencore") which owns % of Katanga''s shares

ZUG, Switzerland, April 22, 2020 /CNW/ Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") announces that it has entered into a definitive agreement (the "Acquisition Agreement") with ...

Apr 22, 2020· Glencore is taking its Torontolisted Congo unit Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the costs of .

On 22 April, it was confirmed that Katanga Mining Limited (KML) had entered into a definitive agreement with Glencore International pursuant to which it would be taken private by way of an amalgamation of the company with a whollyowned subsidiary.. Roskill View. KML cited a number of key motivations including the lack of a meaningful public float, limited trading liquidity, the costs of a ...

Dec 12, 2017· Shares in Glencoreowned Katanga Mining Ltd, surged for the second straight day on Tuesday on news it has restarted a copper and cobalt mining operation that will become one of the world''s biggest ...

Glencore is upping its presence in the African mining landscape through the purchase of stakes in two mines it already partially owns. Glencore buys stakes in Mutanda and Katanga mines valued at ...

Nov 07, 2019· Katanga Mining will subsequently owe Glencore billion, reducing its debt from billion after experiencing setbacks including a fall in the price of cobalt from record levels of 95,000 ...

(20 November 2018) – A year ago, Katanga Mining Limited (TSX: KAT), a subsidiary of Glencore plc (GLEN: LN), was forced to publish an embarrassing internal audit after its activities were probed by Canada''s Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange. The audit found "material weaknesses" in financial reporting relating to the company''s activities in ...

Apr 22, 2020· Glencore is taking its Torontolisted Congo business 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 .

Apr 22, 2020· Glencore is taking its Torontolisted Congo unit Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the costs of .

Nov 22, 2017· With Katanga fully cooperating with the OSC on the ongoing investigation along with firm commitment from its parent Glencore that accounting lapses do not reoccur, a further decline in shares of Katanga Mining could be limited. On the contrary, the stock price may move higher on any announcement of production commencement expected in 4Q17.
WhatsApp)