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 will ramp up DRC project faster than planned

TSX-listed Katanga Mining will accelerate the ramp up of its project in the Democratic Republic of Congo (DRC), the firm announced on Tuesday. The ramp up, to 150 000 t/y of copper and 8 000 t/y of cobalt, will now be completed by mid-2011,...

SA miner rethinks DRC copper-cobalt project

Signs that mining companies may be coming close to a point where they can enter or return to the mineral rich Democratic Republic of Congo are starting to appear.

Feasibility of DRC copper-mine in balance

Mining of what is thought to be the largest high-quality copper sulphide orebody in the world could get under way in the next few years, says Kumba Resources GM Ernst Venter.