Katanga Mining Limited is creating an industry leader in copper and cobalt. Its joint venture
operations in the Democratic Republic of Congo are in production and
the company has the potential to become by 2011 Africa’s largest copper producer and the world’s largest cobalt producer.
Katanga merged with Nikanor, which has an adjacent copper-cobalt complex, in January 2008 to create a company with a US$3.8 billion market capitalization. A four-year phased ramp-up will see the company targeting
over 300,000 tonnes of refined copper and over 30,000 tonnes of refined cobalt a year by 2011 from a major single-site operation.
Through its subsidiaries,
Katanga has joint ventures with Gécamines, a Democratic Republic of Congo state-owned mining company. Click here for our
structure chart.
The company is listed on the Toronto Stock Exchange under the symbol KAT.