Announcement in connection with Katanga Mining Limited - GlencoreNov 20, 2017 . Glencore notes the announcement today by Katanga Mining Limited (“Katanga”) of the completion of an internal review of certain of Katanga's historic accounting practices (the “Review”) and the restatement of Katanga's financial statements. The Review was undertaken at the direction of the independent.glencore katanga mining limited,Top Glencore executive quits Katanga board after . - MININGNov 20, 2017 . Nov 20 (Reuters) – Three Glencore Plc executives, including the head of its copper group, have stepped down from the board of subsidiary Katanga Mining Ltd after an internal review identified weaknesses in its financial reporting controls, Katanga said on Monday. Katanga, which operates cobalt and.
An Update On Katanga Mining - Katanga Mining Ltd. (OTCMKTS .Apr 20, 2017 . Glencore increased their stake in Katanga Mining from 75% to 86.33%. Katanga Mining updated that the mine will now ramp to 30000tpa cobalt (previously 22000tp.glencore katanga mining limited,Glencore's Trouble in Congo Claims Its Highest Profile Victim .Nov 20, 2017 . Two weeks after the Paradise Papers leak brought a wave of scrutiny over Glencore's dealings in the Democratic Republic of Congo, the company is facing another scandal. The issues stem from Katanga Mining Ltd., a Congolese copper producer owned by Glencore. The African company restated.John Frank
Jul 2, 2015 . Summary of the conflict: The company Katanga Mining Ltd. operates a copper-cobalt project in the Democratic Republic of Congo (DRC). This corporation is a subsidiary of Glencore, and is owned by the latter for a stake of 75%. Katanga Mining also holds a 75% stake in two joint ventures with Gécamines,.
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.
Dec 12, 2017 . Shares in Glencore-owned Katanga Mining Ltd, surged for the second straight day on Tuesday on news it has restarted a copper and cobalt mining operation that will become one of the world's biggest producers of cobalt, a critical ingredient for electric vehicle batteries.
Nov 20, 2017 . Glencore notes the announcement today by Katanga Mining Limited (“Katanga”) of the completion of an internal review of certain of Katanga's historic accounting practices (the “Review”) and the restatement of Katanga's financial statements. The Review was undertaken at the direction of the independent.
Nov 20, 2017 . Nov 20 (Reuters) – Three Glencore Plc executives, including the head of its copper group, have stepped down from the board of subsidiary Katanga Mining Ltd after an internal review identified weaknesses in its financial reporting controls, Katanga said on Monday. Katanga, which operates cobalt and.
Nov 20, 2017 . Two weeks after the Paradise Papers leak brought a wave of scrutiny over Glencore's dealings in the Democratic Republic of Congo, the company is facing another scandal. The issues stem from Katanga Mining Ltd., a Congolese copper producer owned by Glencore. The African company restated.
Nov 20, 2017 . Glencore Plc (GLEN.L) said on Monday it had identified material weaknesses in the internal controls for financial reporting at Katanga Mining Ltd (KAT.TO), in which the London-listed miner has a majority. Glencore nominated three new directors to the board of Katanga, which operates mines in Democratic.
Nov 20, 2017 . Three Glencore Plc executives stepped down as directors of the Swiss trader's copper and cobalt unit, Katanga Mining Ltd., in the Democratic Republic of Congo after an internal review found “material weaknesses” in financial reporting controls at the operation. Questions about the “appropriateness” of.
Nov 22, 2017 . SmallCapPower | November 22, 2017: Katanga Mining Limited (TSX:KAT) shares have fallen more than 26% during the past three trading sessions, to its current price of $0.93, after the announcement on Monday that three key Glencore Plc executives exited from Katanga Mining's Board of Directors.
Nov 21, 2017 . Katanga Mining Limited (TSX: KAT) is being investigated by Strosberg Sasso Sutts LLP, a law firm that represents investors in securities class actions. . Glencore plc, to resign from Katanga's board of directors; and that the company has been cooperating with the Ontario Securities Commission in the.
Mar 9, 2018 . During the year, a restatement of past financial statements at Katanga Mining Limited, a subsidiary of the Group, was required and the Ontario Securities Commission is investigating various matters relating to Katanga. As KCC did not rectify a capital deficiency by 31 December 2017 as required by DRC.
Nov 20, 2017 . Glencore has ousted its head of copper from the board of Katanga Mining, the African copper producer it controls, and nominated three new directors including its chief financial officer Steven Kalmin, in a bid to strengthen internal controls.
Nov 21, 2017 . Glencore's copper and cobalt unit,Katanga Mining Limited, has completed an internal review of certain historic accounting practices of Katanga Mining, as well as the restatement of Katanga's financial statements, Glencore said on Monday. According to Glencore, the review that was undertaken at the.
Nov 20, 2017 . SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Katanga Mining Limited (KATFF) . On November 20, 2017, Katanga announced the resignation of three executives of Glencore plc, Katanga's parent company, from Katanga's board of directors after an internal.
ZUG, Switzerland, Aug. 14, 2017 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today is providing an update on the previously announced review of certain of the Company's past accounting by the independent directors of the Company's Board of Directors, being Robert G. Wardell, Terry.
Dec 31, 2016 . The accompanying consolidated financial statements of Katanga Mining Limited and its subsidiaries (“Katanga” or the “Company”) were prepared by ... is Glencore plc (“Glencore”) which owns 75.3% of Katanga's shares through its wholly-owned subsidiary. Glencore International AG. Katanga, through its.
Detailed price information for Katanga Mining Limited (KAT-T) from The Globe and Mail including charting and trades.
Company statements said Glencore now owns 100 percent of the Mutanda mine and about 86 percent of Toronto-listed Katanga Mining Limited. Taking into account loans it had made to Fleurette, Glencore is paying $534 million in net cash for the assets. Copper and cobalt are among the commodity markets with the.
Nov 6, 2017 . Glencore on Sunday provided Fin24 with an explanation of the loan to Lora (which it said was fully repaid), as well as its Katanga joint venture with a DRC-owned mining firm. . Glencore's shareholding in Nikanor prior to the merger with Katanga Mining Limited (Katanga) was an equity interest of 13.88%.