2009

Working underground at Katanga Mining's Kamoto underground copper-cobalt mine, in the Democratic Republic of the Congo. The company, which does not have the funds to carry out a planned refurbishment and expansion of Kamoto or to continue operations beyond the short term, is floating a plan to drastically increase its authorized shares.

Distressed Katanga To Boost Authorized Shares To 5B

All the speculation over the state of Katanga Mining’s (KAT-T, KATFF-O) finances is at an end, with a stark announcement from the company that it needs more funding on an “urgent basis” to sustain its…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close