Katanga Mining

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Katanga Mining Limited "operates a large-scale copper-cobalt project with substantial high-grade mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo (DRC)...

"The January 2008 merger with Nikanor PLC, whose adjacent concessions had previously been part of the same mine complex, has consolidated our leadership position in the region and is expected to generate significant operating and financial synergies.

"Katanga holds a 75% stake in two joint ventures with Gécamines, a state-owned mining company in the DRC. See our corporate structure for additional information on how the company is structured." [1]

Coal plant

In October 2012 it was reported that a 500 MW coal plant was being planned in the Congo for 2015, at a cost of €500m. The plant would be used to power the country’s mining firms, particularly in the Katanga region, which have been buying power from Zambia for production. The mining firm is also in talks with the Development Bank of Southern Africa about securing $270m in financing, which is likely to be concluded by December 2012.<re>Diarmaid Williams, "Congo’s coal power plant to reduce shortages," Power Engineering, Oct. 25, 2012.</ref>

Board

Accessed January 2015: [2]

Senior Management (2008)

Accessed September 2008: [3]

Directors (2008)

Accessed September 2008: [4]

Contact

Web: http://www.katangamining.com

Resources and articles

Related Sourcewatch articles

References

  1. Profile, Katanga Mining, accessed September 2, 2008.
  2. Board, Katanga Mining, accessed January 28, 2015.
  3. Senior Management, Katanga Mining, accessed September 2, 2008.
  4. Directors, Katanga Mining, accessed September 2, 2008.