Nov 05, Several times over the course of and , Gertler was called in to assist the embattled Katanga, in which he and Glencore held interests, by.
May 16, 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.
Nov 20, Nov 20 (Reuters)
The Ontario Securities Commission said Glencore’s Katanga Mining Ltd relied upon, and paid associates of, Mr Gertler to “maintain relations” with the Congolese government, including legal.
project brief describtion Katanga Mining Ltd operates a copper-cobalt project in the Democratic Republic of Congo It is a 75% subsidiary of Glencore, listed at the Toronto Stock Exchange and has changed its incorporation from Bermudas to the Yukon Territory in Canada in (which has the lowest.
Dec 18, Katanga Mining Ltd, its chief executive and six former insiders admitted they broke Canadian securities laws and have agreed to pay $344-million in penalties in a.
Katanga Mining Limited is a subsidiary of Glencore International AG Corporate Governance Katanga Mining Limited’s ISS Governance QualityScore as of N/A is N/A.
Get breaking news and analysis on Katanga Mining Limited (KATFF) stock, price quote and chart, trading and investing tools , Glencore: Quick Note On Katanga Mining , Katanga Agreement.
Apr 24, In a statement on Tuesday, the state mining company said Glencore and Katanga had created a massive debt of about US$9-billion at the joint venture, forcing the.
Feb 13, Katanga Mining Ltd, , The deal increases Glencore’s holding to 863 percent in Katanga Glencore also take over $130 million in loans Mutanda owed to Fleurette.
Jun 13, Swiss mining giant Glencore PLC unveiled a sweeping $56 billion restructuring of its troubled Congo copper company, Katanga Mining Ltd, resolving a heated dispute with Congo's state-run mining.
Nov 07, 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.
In a June "debt-for equity swap", Glencore's Katanga Mining Ltd agreed to a recapitalization plan involving a US$56 billion debt write-off and a $150 million payment to the Congolese state mining company Gécamin According to company sources, Gertler will receive a royalty payment of about 25 million euros in .
Glencore has today purchased from subsidiaries of Fleurette Properties Limited (“Fleurette”) the Fleurette group’s remaining 31% stake in Mutanda Mining Sarl (the “Mutanda Shares”) and an approximate % stake in Katanga Mining Limited (the “Katanga Shares”).
Katanga Mining DRC Katanga (863%) is a large-scale copper-cobalt operation in the country’s Katanga province, producing copper cathodes and cobalt hydroxide , Copper Refineries Ltd , Glencore Recycling We are a world leader in the recycling of complex copper and precious metal materials We are continuously sourcing new streams of.
Apr 23, Katanga Mining Ltd will soon be the world’s top cobalt miner, churning out thousands of tons of metal and billions of dollars in revenue for Glencore Plc It’s also turning into a major thorn.
Katanga Mining Limited The company was incorporated in October and began exploring opportunities in the Democratic Republic of Congo (DRC) in A joint venture, KFL Limited, was formed between Kinross Gold Corporation and the Forrest Group in In , KFL and Gécamines, a DRC state-owned mining.
Katanga Mining Limited's six-person Board of Directors has a broad experience in the mining sector and strong connections in the Democratic Republic of Congo The Board is committed to corporate governance standards consistent with best practices in the natural resources sector It has four committees: Audit;.
Nov 07, Katanga Mining Limited, a big Congolese copper and cobalt producer, said on Thursday it would raise around $76 billion Canadian dollars ($58 billion) via a rights issue as part of a debt-for.
Nov 06, Katanga Mining Ltd, controlled by Glencore, said Tuesday it will build an ion exchange system to remove uranium, which is expected to cost about $25 million and be.
Nov 07, Katanga Mining will subsequently owe Glencore $15 billion, reducing its debt from $77 billion after experiencing setbacks including a fall in the price of cobalt from record levels of $95,000.