glencore katanga mining limited - search results

Katanga Mining Katanga Mining Limited Welcome to Katanga Mining Limited On June 4, 2020, Katanga Mining Limited (TSX:KAT) became a 100% Glencore group owned co glencore katanga mining limited - search results

glencore katanga mining limited - search results

  • Katanga Mining

    Katanga Mining Limited Welcome to Katanga Mining Limited On June 4, 2020, Katanga Mining Limited (TSX:KAT) became a 100% Glencore group owned company and ceased to be listed on the Toronto Stock Exchange On June 22nd, 2020, following Ontario Securities Commission’s order, the Company ceased to be a reporting issuerIn addition, Glencore has acquired a further 15,325,000 shares in Katanga Mining Limited (“Katanga”), corresponding to an approximate 08% stake, which were held as the security for a loan provided to Ruwenzori Limited, a member of the Fleurette group, in connection with Ruwenzori’s acquisition of 25,000,000 shares in Nikanor PLC which were issued as part of a private placement NikanorGlencore purchases stakes in Mutanda and Katanga20/11/2017· 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 directors of Katanga, who engaged Canadian legal counsel, and an internationalAnnouncement in connection with Katanga Mining Limited

  • Announcement in connection with Katanga Mining Limited

    18/12/2018· Glencore notes the announcement today by Katanga Mining Limited (“Katanga”) that Katanga has entered with others into a settlement agreement ("Settlement Agreement") with the Ontario Securities Commission (“OSC”) Katanga will make a payment of C$30 million (US$225 million) as part of the settlement The settlement agreement resolves a proceeding recently commenced by the OSC22/04/2020· CPE Media News (4/22/2020) – Katanga Mining Limited (TSX: KAT) has entered into a definitive agreement with Glencore International AG pursuant to which Glencore will acquire the common shares of Katanga Mining, other than those held by Glencore, for CDN $016 per share Glencore currently holds 60,870,439,243 common shares, representing approximately 995% of theGlencore to take Katanga Mining private for $53M | Private20/12/2019· Glencore refers to the announcement today by Katanga Mining Limited ("Katanga") in which it announced that Katanga's 75% subsidiary Kamoto Copper Company (“KCC”) has entered into an agreement with La Générale des Carrières et des Mines (“Gécamines”), its 25% joint venture partner in KCC, to acquire from Gécamines a comprehensive land package covering areas adjacent to KCC’sKatanga Mining announces agreement to acquire

  • Glencore’s Growing Legal Troubles With Katanga Mining | Raid

    20/11/2018· (20 November 2018) – A year ago, Katanga Mining Limited (TSX: KAT), a subsidiary of Glencore plc (GLEN: LN), was forced to publish an embarrassing internal audit after its activities were probed by Canada’s Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange The audit found "material weaknesses" in financial reporting relating to the company’s activities in18/12/2018· Glencore notes the announcement today by Katanga Mining Limited (“Katanga”) that Katanga has entered with others into a settlement agreement ("Settlement Agreement") with the Ontario Securities Commission (“OSC”) Katanga will make a payment of C $30 million (US$225 million) as part of the settlement The settlement agreement resolves a proceeding recently commenced by the OSCAnnouncement in connection with Katanga Mining LimitedSummary of the conflict: The company Katanga Mining Ltd operates a coppercobalt 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, a stateowned mining company in the DRC: Kamoto Copper Company (KCC) and DRC Copper andGlencoreKatanga Mining Ltd, Democratic Republic of Congo

  • Announcement in connection with Katanga Mining Limited

    18/12/2018· Glencore notes the announcement today by Katanga Mining Limited (“Katanga”) that Katanga has entered with others into a settlement agreement ("Settlement Agreement") with the Ontario Securities Commission (“OSC”) Katanga will make a payment of C $30 million (US$225 million) as part of the settlement The settlement agreement resolves a proceeding recently commenced by the OSC22/04/2020· “Katanga Mining Limited has entered into a definitive agreement with Glencore International pursuant to which the company would be taken private by way of an amalgamation of the company with Yukon Inc,” Katanga said in a statement Katanga shareholders other than Glencore will receive 016 Canadian dollars in cash per share – a 100 per cent premium to theGlencore to take Torontolisted Katanga Mining private at22/04/2020· CPE Media News (4/22/2020) – Katanga Mining Limited (TSX: KAT) has entered into a definitive agreement with Glencore International AG pursuant to which Glencore will acquire the common shares of Katanga Mining, other than those held by Glencore, for CDN $016 per share Glencore currently holds 60,870,439,243 common shares, representing approximately 995% of theGlencore to take Katanga Mining private for $53M | Private

  • Glencore’s Growing Legal Troubles With Katanga Mining | Raid

    20/11/2018· (20 November 2018) – A year ago, Katanga Mining Limited (TSX: KAT), a subsidiary of Glencore plc (GLEN: LN), was forced to publish an embarrassing internal audit after its activities were probed by Canada’s Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange The audit found "material weaknesses" in financial reporting relating to the company’s activities inGlencore’s Katanga Mining Ltd will pay the Ontario Securities Commission (OSC) around $225 million as part of a settlement over the coppercobalt producer’s historical disclosures The payments are C$15 million ($12 million) in costs along with a voluntary payment of C$285 million The company, which operates the Kamoto Copper Company in the Democratic Republic of Congo (DRC), has alsoGlencore’s Katanga settles with OSC via $225mln payment22/06/2021· Glencore is pleased to confirm the commissioning of operations at the Mutanda Mining (MUMI) mine by the end of 2021, in order to allow the return to production for the year 2022 MUMI as well as KCC play a role important in global energy and mobility transitions, thanks to the highquality copper and cobalt produced by both operationsGlencore confirms the commissioning of operations at the

  • Glencore controlled Katanga Mining to raise CDN $76B in

    07/11/2019· November 7, 2019 In: Public Deals, Yukon, Mining, Africa Katanga Mining Limited (TSX: KAT) has filed a preliminary short form prospectus in respect of an offering of rights to purchase common shares to raise approximately CDN $76 billion Glencore plc has agreed to accept the Rights Offering proceeds or the equivalent in common shares issuedKATANGA MINING LIMITED A1 SCHEDULE "B" 2012 TECHNICAL R EPORTB1 1 Reference in this annual information form (the "AIF") to the "Corporation" or "Katanga" refers to Katanga Mining Limited and its subsidiaries, unless otherwise expressly stated or the context otherwise requires All currency amounts in this AIF are stated in United States dollars unless otherwise indicatedKATANGA MINING LIMITED Congo Mines21/12/2017· “Glencore shall use its vote at the board of Katanga [Mining Ltd] to have Dan Gertler exclusively mandated to assist Katanga in finalising the termsParadise Papers prompt criminal complaint against Glencore

  • Glencore strikes deal with Katanga over $58 billion

    07/11/2019· Katanga Mining Limited, a big Congolese copper and cobalt producer, said on Thursday it would raise around $76 billion Canadian dollars ($58 billion) via a rights issue as part of a debtforequity swap with parent Glencore Katanga Mining will subsequently owe Glencore $15 billion, reducing its debt from $77 billion after experiencing setbacks including a fall in the price of cobalt from22/06/2021· Glencore is pleased to confirm the commissioning of operations at the Mutanda Mining (MUMI) mine by the end of 2021, in order to allow the return to production for the year 2022 MUMI as well as KCC play a role important in global energy and mobility transitions, thanks to the highquality copper and cobalt produced by both operationsGlencore confirms the commissioning of operations at theGlencore’s Katanga Mining Ltd will pay the Ontario Securities Commission (OSC) around $225 million as part of a settlement over the coppercobalt producer’s historical disclosures The payments are C$15 million ($12 million) in costs along with a voluntary payment of C$285 million The company, which operates the Kamoto Copper Company in the Democratic Republic of Congo (DRC), has alsoGlencore’s Katanga settles with OSC via $225mln payment

  • Glencore delists giant Katanga Mining Copperbelt

    27/04/2020· Glencore is taking its Torontolisted Congo unit Katanga Mining private, the subsidiary said on Wednesday, citing limited trading liquidity and the costs of a stock exchange listing as reasons for the move Katanga Mining, which produces copper and cobalt from mines in the southern copper belt of Democratic Republic of Congo, was first listed in August 1997 and Glencore owns 9946% of its18/12/2018· Glencorecontrolled <GLENL> Katanga Mining Ltd <KATTO> said on Tuesday it agreed to pay more than $22 million to settle Canadian allegations of inadequate historical disclosures ofGlencore's Katanga pays $22 million to settle Canada07/11/2019· Katanga Mining will subsequently owe Glencore $15 billion, reducing its debt from $77 billion after experiencing setbacks including a fall in the price of cobalt from record levels of $95,000Glencore strikes deal with Katanga over $58 billion

  • Glencore to take Congo subsidiary Katanga Mining private

    22/04/2020· “Katanga Mining Limitedhas entered into a definitive agreement with Glencore International pursuant to which the company would be taken private by13/02/2017· Glencore buys stakes in Mutanda and Katanga mines valued at $960m Glencore (LON:GLEN) is upping its presence in the African mining landscape through the purchase of stakes in two mines it alreadyGlencore buys stakes in Mutanda and Katanga mines MiningKatanga Mining Limited (KML) is developing the Kamoto mine as part of its extensive coppercobalt project in Lualaba Province of the Democratic Republic of Congo (DRC) Glencore International (GIAG), a subsidiary of Glencore, holds 863% stake in KML KML formed two joint ventures namely Kamoto Copper Company (KCC) and DRC Copper and CobaltKamoto Mine, Lualaba, Democratic Republic of Congo

  • Paradise Papers prompt criminal complaint against Glencore

    21/12/2017· “Glencore shall use its vote at the board of Katanga [Mining Ltd] to have Dan Gertler exclusively mandated to assist Katanga in finalising the terms