Katanga reports Q4 profit as output ramps up

TSX-listed Katanga Mining earned $15,3-million in the fourth quarter of 2009, compared with a net loss of $12,6-million in the third quarter, the copper- and cobalt-miner announced on Monday. Shares in the company jumped more than ten percent on...

Katanga posts Q2 loss, refurbishment on track

TSX-listed Katanga Mining on Friday posted a second quarter net loss of $57,5-million, compared with a $9,9-million loss in the same period last year. Sales for the quarter were $62,3-million, comprising $47,9-million for copper cathode,...

Gladstone nickel project, Australia

The Gladstone nickel project involves the construction of a nickel and cobalt mine in two stages.

Katanga Mining posts Q1 loss

TSX-listed Katanga Mining on Tuesday reported a net loss of $52-million for the first quarter of this year, compared with a loss of $17,4-million a year earlier. The company recognised revenue of $47-million for the quarter, comprising...

Mineral exploration 
company exhibits at Indaba

Mineral exploration company Rubaco SPRL, a part of the Rubamin Group, will be exhibiting its Democratic Republic of Congo (DRC) mineral exploration and processing business at the 2009 Mining Indaba.

Katanga Mining increases Q3 production

TSX-listed Katanga Mining increased third quarter production of copper cathode at its Democratic Republic of Congo operations to 6 812 t, 28% higher than the previous three months, the company reported on Friday. Production of cobalt metal and...

Metorex chief sings the praises of Ruashi project

Diversified miner Metorex says that its Ruashi II copper/cobalt project, in the Democratic Republic of Congo (DRC), is a world-class plant that will contribute to its growth going forward

Katanga enforces cobalt concentrate export ban

Democratic Republic of Congo's mineral-rich Katanga province is enforcing a suspension of cobalt concentrate exports, the provincial governor said on Friday. "No one is getting through now," governor Moise Katumbi told Reuters. He...

Caledonia inks final offtake pact for Zambia cobalt mine

Toronto-based Caledonia Mining has signed a fourth cobalt offtake agreement for metal produced at its Nama mine, in northern Zambia, the firm said on Tuesday. The deal, with a large, unnamed, Chinese refiner, brings the contractual commitments for...

Camec concludes JV agreement with Prairie

Democratic Republic of Congo-focused explorer and miner, Camec, has completed the joint venture (JV) with the Dan Gertler-linked Priarie International, the firm said on Tuesday. This comes as all conditions, including the resolution of previous...

Tenke Fungurume copper/cobalt project, Democratic Republic of Congo (DRC)

The project will involve the development of a large-scale, long-life low-cost copper/cobalt mine.

Camec, Prairie restart operations at DRC mine

Aim-listed Central African Mining & Exploration Company (Camec), with its soon-to-be-official joint-venture (JV) partner Prairie International, on Thursday announced that the two parties had restarted operations at Mukondo Mountain, in the...