Jun 20 2017Glencore and Gertler are through subsidiaries shareholders in Katanga Mining In 2009 Glencore sold stock in Katanga at roughly 60 percent of its market value to Ellesmere Global Limited a British Islands firm whose "ultimate owner is a trust for the benefit of the family members of Dan Gertler " according to Canadian insider Katanga Mining Ltd (TSX KAT) 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

Glencore Announcement in connection with Katanga Mining Ltd

Glencore plc Baar Switzerland 18 December 2018 Announcement in connection with Katanga Mining Limited 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 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 A joint venture of Katanga Mining (75%) and Gcamines (25%) began mining Tilwezembe an open-pit copper and cobalt mine in 2007

Katanga Mining Limited a big Congolese copper and cobalt producer said on Thursday it would raise Read more Glencore has released its full year production report for 2018 highlighting an 11% year-on-year Read more Glencore Glencore announces $1 billion share buy-back programme By

Glencore's shareholding in Nikanor prior to the merger with Katanga Mining Limited (Katanga) was an equity interest of 13 88% In January 2008 Nikanor and Katanga merged The merger resulted in Glencore's 13 88% equity stake in Nikanor being converted into an 8 52% stake in the combined group

Dec 28 2018On December 18 Katanga Mining Ltd a Glencore-controlled company headquartered in Canada agreed to pay regulators in Ontario $22 5 million to settle multiple counts of corporate wrongdoing The company which operates open air and underground mines and processing plants across the Democratic Republic of the Congo

Katanga Mining Limited (TSX KAT) Stock Message Board

The world third biggest mining company Glencore holds 86 33% of shares Glencore now beneficially owns or has control or direction over a total of 1 646 613 928 shares in Katanga representing approximately 86 33% of the outstanding shares of Katanga (based on there being a total of 1 907 380 413 shares of Katanga outstanding)

In June 2007 Glencore acquired an interest in Nikanor Plc (Nikanor) Nikanor was a publicly listed company on the Alternative Investment Market (AIM) in London Glencore's shareholding in Nikanor prior to the merger with Katanga Mining Limited (Katanga) was an equity interest of 13 88% In January 2008 Nikanor and Katanga merged

Dec 19 2018Global miner-trader Glencore has followed up the settlement of its subsidiary Katanga Mining's dispute with DR Congo state miner Gecamines by backing off on a row with Israeli businessman Dan Gertler Glencore said in late April it would fight a bid by Gertler to freeze its DRC copper-cobalt assets over a royalties dispute

Dec 24 2018Glencore notes the announcement on 18 December by Katanga Mining Limited that Katanga has entered with others into a settlement agreement with the Ontario Securities Commission (OSC) Katanga will make a payment of CAN$30 million (US$22 5 million) as part of the settlement

Dec 24 2018Glencore notes the announcement on 18 December by Katanga Mining Limited that Katanga has entered with others into a settlement agreement with the Ontario Securities Commission (OSC) Katanga will make a payment of CAN$30 million (US$22 5 million) as part of the settlement

Nov 07 2019About 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

Glencore plc Baar Switzerland 18 December 2018 Announcement in connection with Katanga Mining Limited 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')

Dec 20 2019Glencore 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 Gnrale des Carrires et des Mines ("Gcamines") its 25% joint venture partner in KCC to acquire from Gcamines a comprehensive land package covering areas adjacent to KCC's

Glencore purchases stakes in Mutanda and Katanga

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 10 25% stake in Katanga Mining Limited (the "Katanga Shares")

KATANGA MINING LIMITED NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U S dollars except per share amounts and as otherwise stated) Years ended December 31 2016 and 2015 9 1 DESCRIPTION OF BUSINESS Katanga Mining Limited ("Katanga" or the "Company") is a limited company whose common shares are

Nov 07 2019About 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

Nov 20 2018(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 in

Dec 19 2019About 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

Accordingly Glencore is not committing any new monies to Katanga as a result of the Rights Offering The Offering will lead to a reduction of the debt due to Glencore of US$5 8 billion and a corresponding increase in Common Shares in Katanga held by Glencore (or to the extent that other shareholders take up their Rights cash to Glencore)

Nov 26 2018Glencore's Growing Legal Troubles With Katanga Mining Author Rights and Accountability in Development (RAID) A year ago Katanga Mining Limiteda subsidiary of Glencorewas forced to publish an embarrassing internal audit after its activities were probed by Canada Ontario Securities Commission (OSC) which oversees the Toronto Stock Exchange The

Jun 20 2017Glencore and Gertler are through subsidiaries shareholders in Katanga Mining In 2009 Glencore sold stock in Katanga at roughly 60 percent of its market value to Ellesmere Global Limited a British Islands firm whose "ultimate owner is a trust for the benefit of the family members of Dan Gertler " according to Canadian insider

En janvier 2008 Nicanor a fusionn dans Katanga Mining [3] Katanga Mining Ltd est dtenue en majorit par la multinationale anglo-suisse Glencore [2] Une coentreprise (joint venture) de Katanga Mining (75 %) et de Gcamines (25 %) a commenc exploiter la mine de Tilwezembe mine mine ciel ouvert de cuivre et de cobalt en 2007 [4]