31Z.F - Katanga Mining Limited

Frankfurt - Frankfurt Delayed Price. Currency in EUR
0.2038
-0.0058 (-2.77%)
As of 8:00AM CEST. Market open.
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Previous Close0.2096
Open0.2038
Bid0.2038 x 1208800
Ask0.0000 x 909100
Day's Range0.2038 - 0.2038
52 Week Range0.2038 - 0.7000
Volume600
Avg. Volume4,102
Market Cap339.209M
Beta (3Y Monthly)0.55
PE Ratio (TTM)N/A
EPS (TTM)-0.4270
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters2 months ago

    Glencore's Katanga Mining unit resumes cobalt exports from DRC

    Katanga Mining Ltd, a unit of Glencore Plc, said on Monday it resumed exporting and selling a limited quantity of cobalt from its Kamoto Project in the Democratic Republic of Congo (DRC). The company said in November it had temporarily suspended the export and sale of cobalt from the project after uranium was found in levels above the acceptable limit for export. Katanga said on Monday it produced about 930 tonnes of contained cobalt since January through interim operational solutions.

  • Glencore's Katanga pays $22 million to settle Canada regulator probe
    Reuters6 months ago

    Glencore's Katanga pays $22 million to settle Canada regulator probe

    Glencore-controlled (GLEN.L) Katanga Mining Ltd (KAT.TO) said on Tuesday it agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in the Democratic Republic of Congo. Johnny Blizzard, chief executive officer of the Toronto-listed company, will resign and leave its board, which includes three new directors, the miner said in a filing on Tuesday. Katanga's shares closed up 5.3 percent at 60 Canadian cents, compared with the local stock benchmark's (.GSPTSE) 0.4 percent gain.

  • CNBC6 months ago

    UPDATE 3-GlencoreGÇÖs Katanga pays $22 million to settle Canada regulator probe

    TORONTO, Dec 18- Glencore-controlled Katanga Mining Ltd said on Tuesday it agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures of its finances and activities in the Democratic Republic of Congo. Johnny Blizzard, chief executive officer of the Toronto- listed company, will resign and leave its board, which...

  • Reuters6 months ago

    Canadian regulator to consider Katanga settlement proposal Tuesday

    A Canadian regulator will consider on Tuesday whether to accept a proposal from Katanga Mining Limited to settle allegations related to the Glencore-controlled company's activities in Democratic Republic of Congo. Katanga said in a statement on Monday it could not give details of the proposal until after the hearing, at which the Ontario Securities Commission (OSC) will consider whether a global settlement with Canadian-listed Katanga is in the public interest. Glencore declined to comment.

  • CNBC6 months ago

    UPDATE 1-Canadian regulator to fine Glencore-controlled miner over Congo - WSJ

    Dec 17- A Glencore-controlled mining company and some of its current and former executives have agreed to pay more than $22 million to settle Canadian allegations they hid the risks of doing business with an Israeli close to Congolese President Joseph Kabila, the Wall Street Journal reported. The expected settlement between the Ontario Securities...

  • Reuters6 months ago

    Canadian regulator to fine Glencore-controlled miner over Congo - WSJ

    The expected settlement between the Ontario Securities Commission and Toronto-listed Katanga Mining Ltd (KAT.TO) is related to the company’s business activities in the Democratic Republic of Congo between 2014 and 2016, the Journal reported, citing an anonymous source. A Glencore (GLEN.L) spokesman declined to comment on the report. The Canadian regulator is expected to name several of Katanga's current and former executives in the settlement and will focus on Katanga’s ties with Israeli businessman Dan Gertler, who first invested in Katanga alongside Glencore in 2008, the report said.

  • Reuters7 months ago

    Congo plans to audit Glencore unit's cobalt over uranium levels

    The authorities in Democratic Republic of Congo will audit the supply chain for Glencore's Kamoto project next week to determine where small amounts of uranium detected in its cobalt come from, the mines minister said on Thursday. Glencore subsidiary Katanga Mining said on Nov. 6 it had halted cobalt exports from Kamoto in southeastern Congo while it builds a facility to remove excess uranium.

  • Reuters7 months ago

    GRAPHIC-Global cobalt glut won't be stemmed by Glencore Congo output stoppage

    Disruptions to cobalt supplies in the Democratic Republic of Congo are not expected to eradicate a glut of the material used to make batteries for electric vehicles, thwarting hopes that prices can be boosted from their lowest since March last year. Glencore last week said its subsidiary Katanga Mining had halted cobalt exports from the Kamoto Project in DRC while it builds a facility to remove uranium. Prices of cobalt metal, at around $55,000 a tonne, have barely moved since the announcement on Nov. 6.

  • Reuters7 months ago

    Glencore's Katanga warns of earnings hit if Congo row not resolved

    Katanga Mining expects its earnings to be hit if a row with Democratic Republic of Congo that has prevented it from importing and exporting copper is not resolved soon. Although Glencore's Katanga said on Thursday that copper production was continuing as normal, it warned that its earnings would be affected if the dispute is not settled. "Unless the dispute with the DGDA (customs authority) is resolved and KCC's (Kamoto Copper Company) imports and exports are permitted to resume in the near future, the suspension of imports and exports is expected to negatively impact the Company's production and revenue," it said.