Katanga now a wholly owned Glencore subsidiary
Mining News Pro - Democratic Republic Congo-focused Katanga Mining is now wholly-owned, directly or indirectly, by multicommodities trader and miner Glencore, having completed the going-private transaction announced in April.
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Glencore to take Katanga private, warns of possible covid-19 impact
Mining News Pro - 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.
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Katanga to acquire Gécamines’ land rights for $250 million
Mining News Pro - Katanga Mining announced Friday that its 75% owned subsidiary Kamoto Copper (KCC) has entered into an agreement with La Générale des Carrières et des Mines (Gécamines), its 25% joint venture partner in KCC, to acquire a land package from Gécamines covering areas adjacent to KCC’s existing mining concessions in the Democratic Republic of Congo.
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Now export duty dispute halts Katanga’s copper exports
Mining News Pro - Merely a week after Glencore subsidiary Katanga Mining halted cobalt exports from its Kamoto mine, in the Democratic Republic of Congo (DRC), its copper exports have also been suspended as a result of an alleged failure to declare and pay duties on 6 650 t of copper in late 2015, early 2016.
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Glencore restarts Katanga copper mine, sees 150,000 T in 2018
Mining News Agency- Glencore said on Tuesday its Katanga mine in the Democratic Republic of Congo produced its first copper cathodes on Monday as it restarts after output was suspended in 2015.
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Visit: 1062