• Announcement in connection with Katanga Mining Limited

    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. 171120-Glencore-announcement-Katanga-Mining-Limited.pdfKatanga Mining Wikipedia,Katanga Mining Ltd is a mining company operating in the Democratic Republic of the Congo with its headquarters in Canada. Katanga Mining operates a major mine complex in the Congo's Katanga Province, producing refined copper and cobalt. It claims to have the "potential of becoming Africa's largest copper producer and the world's largest cobalt producer." Katanga paid US$452 million in cash to Nikanor shareholders. In January 2008 Nikanor was merged into Katanga Mining. Katanga Mining Ltd i

  • Glencore strikes deal with Katanga over $5.8 billion

    Nov 07, 2019· Katanga Mining will subsequently owe Glencore $1.5 billion, reducing its debt from $7.7 billion after experiencing setbacks including a fall in the price of cobalt from record levels of $95,000Glencore to take Toronto-listed Katanga Mining private at,Apr 22, 2020· “Katanga Mining Limited has entered into a definitive agreement with Glencore International pursuant to which the company would be taken private by

  • Katanga Mining announces agreement to acquire Glencore

    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’sAnnouncement in connection with Katanga Mining Limited,Dec 18, 2018· Glencore notes the announcement today by Katanga Mining Limited (“Katanga”) that Katanga has entered with others into a settlement agreement ("Settlement Agreement") with the Ontario Securities Commission (“OSC”). Katanga will make a payment of C$30 million (US$22.5 million) as part of the settlement.

  • Cobalt Glencore

    Katanga Mining (copper) DRC Katanga (65%) is a large-scale copper–cobalt operation in the country’s Katanga province, producing cobalt hydroxide and copper cathodes.Katanga Mining Limited,Events . June 2, 2020 Katanga Mining Limited Shareholders’ meeting. Management information Circular, May 4, 2020

  • Glencore buys stakes in Mutanda and Katanga mining

    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 atGlencore purchases stakes in Mutanda and Katanga,In addition, Glencore has acquired a further 15,325,000 shares in Katanga Mining Limited (“Katanga”), corresponding to an approximate 0.8% 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

  • Glencore de-lists giant Katanga Mining Copperbelt

    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 Glencore owns 99.46% of its shares.Glencore's Congo unit Katanga Mining to go private, warns,Apr 22, 2020· Glencore is taking its Toronto-listed Congo business Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the

  • Glencore to take Congo subsidiary Katanga Mining private

    Apr 22, 2020· Glencore is taking its Toronto-listed Congo unit Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the costs of Glencore's Congo unit Katanga Mining to go private, warns,Apr 22, 2020· G lencore is taking its Toronto-listed 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 the southern copper belt of Democratic Republic of Congo, was first listed in August 1997 and Glencore owns

  • Glencore to take Toronto-listed Katanga Mining private at

    Apr 22, 2020· Glencore to take Toronto-listed Katanga Mining private at 100% 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.Glencore Plans to Shut Giant Cobalt and Copper Mine in,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

  • Katanga Mining Announces Rights Offering Backstopped by

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

  • News releases 2019 Katanga Mining Limited

    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 obtaining minority shareholder approval pursuant to the exemption in section 4.6(1)(a) of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions.Glencore Wikipedia,In a June 2018 "debt-for equity swap", Glencore's Katanga Mining Ltd. agreed to a recapitalization plan involving a US$5.6 billion debt write-off and a $150 million payment to the Congolese state mining company Gécamines. According to company sources, Gertler will receive a

  • Katanga Mining Wikipedia

    Katanga paid US$452 million in cash to Nikanor shareholders. In January 2008 Nikanor was merged into Katanga Mining. Katanga Mining Ltd is 86% owned by Swiss commodity trader Glencore. Canada required a $20 million fine from the company in 2019 due to Katanga Mining Enters Into Definitive Agreement With,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

  • Katanga Mining Completes Amalgamation Transaction

    Jun 04, 2020· ZUG, Switzerland,June 3, 2020 /CNW/ Katanga Mining Limited (KAT.TO) (the "Company") is pleased to announce the successful completion of its previously announced amalgamation (the "AmalgamationKatanga Mining Ltd Company Profile and News Bloomberg,Company profile page for Katanga Mining Ltd including stock price, company news, press releases, executives, board members, and contact information. Glencore PLC. View More.

  • Glencore to take Toronto-listed Katanga Mining private at

    Apr 22, 2020· Glencore to take Toronto-listed Katanga Mining private at 100% 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.Glencore's Congo unit Katanga Mining to go private, warns,Apr 22, 2020· G lencore is taking its Toronto-listed 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 the southern copper belt of Democratic Republic of Congo, was first listed in August 1997 and Glencore owns

  • Glencore-Katanga Mining Ltd., Democratic Republic of Congo

    Feb 19, 2019· Summary of the conflict: The company Katanga Mining Ltd. operates a copper-cobalt project in the Democratic Republic of Congo (DRC). This corporation is a subsidiary of Glencore, and is owned by the latter for a stake of 75%.Glencore to take Katanga Mining private,Multinational commodities trader and miner Glencore will take Katanga Mining private, the TSX-listed subsidiary, which has operations in the Democratic Republic of

  • Glencore’s Growing Legal Troubles With Katanga Mining Raid

    (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 inKatanga Mining Wikipedia,Katanga paid US$452 million in cash to Nikanor shareholders. In January 2008 Nikanor was merged into Katanga Mining. Katanga Mining Ltd is 86% owned by Swiss commodity trader Glencore. Canada required a $20 million fine from the company in 2019 due to

  • Katanga Mining Ltd Company Profile and News Bloomberg

    Company profile page for Katanga Mining Ltd including stock price, company news, press releases, executives, board members, and contact information. Glencore PLC. View More.Katanga Mining Announces Rights Offering Backstopped by,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.

  • Search Katanga Mining Limited

    .and/or furnished by the shareholders listed above. 4 (2) The Corporation understands that Glencore Finance (Bermuda) Limited, Ruwenzori Limited and Cosaf Limited have entered into a 15%: 2010-katanga-information-circular.pdfAt a glance Glencore,We've operated in Canada for more than 100 years, and have interests in a range of businesses across the country. Our sites span seven provinces and we employ around 7,650 people.

  • Glencore's Congo unit Katanga Mining to go private, warns

    Apr 22, 2020· Glencore is taking its Toronto-listed Congo business Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the Glencore (GLEN) News: U.K. Fraud Office Probes Possible,Dec 05, 2019· Gertler and Glencore first invested together in a Congolese mine in 2007 and developed a close partnership over the years in the Mutanda and Katanga Mining copper and cobalt operations.

  • Glencore seeks to address Katanga debt woes Financial Times

    Glencore is working on a deal to address the heavy debt load of Katanga Mining, the beleaguered Canadian-listed company that controls one of its most important assets.. Glencore owns 86 per centGlencore to take Katanga Mining private for $53M Private,Apr 22, 2020· CPE News (4/22/2020) Katanga Mining Limited (TSX: KAT) has entered into a definitive agreement with Glencore International AG pursuant to which Glencore will acquire the common shares of Katanga Mining, other than those held by Glencore, for CDN $0.16 per share.. Glencore currently holds 60,870,439,243 common shares, representing approximately 99.5% of the