glencores katanga mine 2017

  • Katanga Mining Wikipedia

    In February 2017 Glencore (LON:GLEN) purchased nearly all of Gecamines interests in Katanga and the larger Mutanda mine. The smaller Katanga mine is remaining closed during 2015-2017 while new processing facilities are constructed. Prior to 2015 Katanga produced 113,000 tonnes/yr of copper while Mutanda continues to produce over 210,000 tonnes/yr.

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  • glencores katanga mine 2017 andoceramichesrl

    glencores katanga mine 2017. Democratic Republic of the Congo Glencore. By the end of 2017, we had invested approximately $7 billion in our Congolese assets. Our investments have created over 22,000 employee and contractor jobs at the end of 2017, almost all held by DRC nationals.

  • Glencore purchases stakes in Mutanda and Katanga

    Katanga 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. 2017, this represents an aggregate

  • Glencore’s Congo unit halts cobalt exports from

    6-11-2018· Shares in Katanga fell as much as 33% in Toronto to the lowest since May 2017, while Glencore’s dropped almost 2.9% in London by closing time. Katanga’s assets include the Kamoto underground mine and KOV open-pit mine, providing sulfide and oxide ores respectively.

  • Glencore’s Katanga mine to pay $22m to settle

    ANC Conference 2017 ; Glencore’s Katanga mine to pay $22m to settle Canadian claims 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% at 60 Canadian cents, compared with

  • Workers killed at Glencore’s Katanga mine in

    18-3-2016· 18 March, 2016Seven workers are confirmed dead at the Katanga mining company’s copper and cobalt mine in the Democratic Republic of Congo. Katanga is 75 per cent owned by the Swiss mining giant Glencore. The mine suffered what Glencore calls a “geotechnical failure”

  • Glencore restarts Katanga copper mine, sees

    12-12-2017· December 12, 2017 / 1:53 PM / 2 years ago. Glencore restarts Katanga copper mine, sees 150,000 T in 2018. 1 Min Read. LONDON, Dec 12 (Reuters) Glencore said on Tuesday its Katanga mine in the Democratic Republic of Congo produced its first copper cathodes on Monday as it restarts after output was suspended in 2015.

  • New reports highlight Glencore's alleged opaque

    26-11-2018· A year ago, Katanga Mining Limited where Katanga Mining operates one of the richest copper and cobalt mines in the world. In December 2017, under the Global Magnitsky Human Rights Accountability Act, the U.S. imposed financial sanctions on Gertler and his affiliated companies,

  • Glencore’s Mutanda mine in Congo shuts a month

    26-11-2019· Glencore’s Mutanda mine in Democratic Republic of Congo suspended operations prematurely on Monday due to a lack of sulphuric acid, a key input for copper and cobalt extraction. The suspension comes more than a month before the world’s biggest cobalt mine was

  • Glencore’s Katanga reaches agreement on land for

    20-12-2019· Katanga Mining, the Glencore subsidiary that operates in the Democratic Republic of Congo (DRC), has reached an agreement to acquire land where it could build a new long-term tailings facility for its 75%-owned Kamoto Copper Company (KCC) operations. The agreement with DRC State miner Gécamines, which has a 25% shareholding in KCC

  • Glencore Latest news

    “As women, we can succeed in mining and make things happen.” Watch the video below to see how Mathabe balances a busy career at Glencore whilst raising two children.

  • 2017 Katanga Mining Limited

    July 26, 2017: Katanga Mining Announces 2017 Second Quarter Production Results and Date for Release of 2017 Second Quarter Financial Results: May 11, 2017: Katanga Mining Announces 2017 First Quarter Results, Appointment of New Chief Operating Officer and Election of Directors: May 3, 2017

  • Glencore's Katanga pays $22 million to settle

    18-12-2018· 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.

  • Glencore Wikipedia

    Glencore was also accused of acquiring illicit "conflict minerals" In a detailed letter sent to Global Witness, the company denied any wrongdoing. Glencore acquired stakes in the Kansuki mine in Congo's southern Katanga Province in 2012.

  • Glencore’s Katanga suspends cobalt sales from

    6-11-2018· Katanga Mining, a unit of diversified major Glencore, on Tuesday announce a temporary suspension in cobalt exports and sales from its Kamoto mine, in the Democratic Republic of Congo (DRC), after detecting low levels of radioactivity in its product. A total of 1 472 t of finished product is impacted by the sales suspension, Katanga

  • Glencore's Trouble in Congo Claims Its Highest

    20-11-2017· Katanga will be one of Glencore’s biggest copper mines when it restarts production. It suspended mining in 2015 to invest in new processing facilities, but will produce as much as 300,000 tons of copper and 20,000 tons of cobalt a year from the unit by 2019. Glencore shares were little changed at 359.90 pence as of 10:05 a.m. in London.

  • Glencore Katanga Mining Limited

    Glencore Purchases Stakes In Mutanda And Katanga . 2017-2-13in addition, glencore has acquired a further 15,325,000 shares in katanga mining limited katanga, corresponding to an approximate 0 stake, which were held as the security for a loan provided to ruwenzori limited, a member of the fleurette group, in connection with ruwenzoris

  • Glencore's Mutanda mine in Congo shuts a

    26-11-2019· GOMA, Democratic Republic of Congo (Reuters) Glencore’s (GLEN.L) Mutanda mine in Democratic Republic of Congo suspended operations prematurely on Monday due to a lack of sulphuric acid, a key input for copper and cobalt extraction. The suspension comes more than

  • Two Dead, Five Missing at Glencore’s Katanga

    8-3-2016· Two workers died after a landslide at a troubled Glencore PLC copper mine in the Democratic Republic of Congo. Five other workers remain missing, Katanga Mining, 75%-owned by the Swiss mining giant, said Tuesday. The company said the landslide was the result of a “geotechnical failure” that

  • ‘A perennial disappointment’: Glencore’s prize

    23-4-2018· Production restarted in December and the mine is scheduled to hit 300,000 metric tons of copper next year, when it will account for about a fifth of Glencore’s global production. That, plus a projected 34,000 tons a year of cobalt, make Katanga central to Glencore’s strategy.

  • Glencore Katanga Mining Limited

    Glencore Purchases Stakes In Mutanda And Katanga . 2017-2-13in addition, glencore has acquired a further 15,325,000 shares in katanga mining limited katanga, corresponding to an approximate 0 stake, which were held as the security for a loan provided to ruwenzori limited, a member of the fleurette group, in connection with ruwenzoris

  • Glencore's Mutanda mine in Congo shuts a

    26-11-2019· GOMA, Democratic Republic of Congo (Reuters) Glencore’s (GLEN.L) Mutanda mine in Democratic Republic of Congo suspended operations prematurely on Monday due to a lack of sulphuric acid, a key input for copper and cobalt extraction. The suspension comes more than

  • Glencore’s Katanga suspends cobalt sales from

    6-11-2018· Katanga Mining, a unit of diversified major Glencore, on Tuesday announce a temporary suspension in cobalt exports and sales from its Kamoto mine, in the Democratic Republic of Congo (DRC), after detecting low levels of radioactivity in its product. A total of 1 472 t of finished product is impacted by the sales suspension, Katanga

  • glencore mutanda mine 2019 Glencore to End

    Description: Glencore's Mutanda mine in Congo shuts down a month early 1 Min Read The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017.

  • Accident at Glencore’s DRC mine kills scores of

    28-6-2019· Thursday’s accident occurred in the KOV open-pit mine at the Kamoto Copper Company (KCC) concession near DRC's southern border with Zambia, in which Glencore subsidiary Katanga Mining has a 75% stake. The original death toll was estimated at 36 but rose throughout Thursday evening and into Friday as more bodies were uncovered, the officials said.

  • Glencore's Copper Head Steps Down From

    20-11-2017· Katanga will be one of Glencore’s biggest mines when it restarts production. It suspended mining in 2015 to invest in new processing facilities, but will produce as much as 300,000 tons of copper and 20,000 tons of cobalt a year from the unit by 2019.

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  • Katanga Mining Provides Update on Major

    ZUG, SWITZERLAND, January 31, 2019 Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today provides an update on its major projects and announces its 2018 fourth quarter and year-end production results. Major projects update Q4 2018 WOL Project Update During Q4

  • Glencore’s shady dealings in the DRC IOL

    21-11-2017· Katanga will be one of Glencore’s biggest copper mines when it restarts production. It suspended mining in 2015 to invest in new processing facilities, but will produce as much as 300,000 tons of copper and 20,000 tons of cobalt a year from the unit by 2019.

  • The inside story of Glencore's hidden dealings in

    5-11-2017· Alongside the Och-Ziff agreement, the Paradise Papers shed new light on a controversial deal to mine copper in the south-east of DRC, through a company called Katanga Mining. Several times over the course of 2008 and 2009, Gertler was called in to assist the embattled Katanga, in which he and Glencore held interests, by taking charge of negotiations with DRC, overseen by Katumba.