Search results
Results from the WOW.Com Content Network
The company was first listed on the Toronto Stock Exchange in August 1997. [4] In January 2008 Katanga Mining acquired Nikanor plc for $452m. [1] [3] Katanga Mining was purchased by Glencore in 2020 and it was de-listed from the Toronto Stock Exchange. [5] [6]
On April 20, 2018, Gécamines sued the Anglo-Swiss commodity brokerage firm Glencore, with which the Congolese company has a joint venture, the Kamoto Copper Company (KCC). [26] Gecamines denounces the non-reconstitution of KCC's own funds and the company's debt to Glencore at rates higher than those it borrows. On June 12 and 13, both parties ...
The Kamoto Mine (French: La mine de Kamoto) is an underground copper and cobalt mine to the west of Musonoi in the former Katanga Province, Democratic Republic of the Congo. [2] As of 2022, the site is the largest active cobalt mine in the world. [3] The mine includes the Luilu metallurgical plant, which accepts ore from KOV mine and Mashamba ...
The death last month of 43 artisan miners at the Kamoto Copper Company KOV concession in the Democratic Republic of Congo has refocused attention on the human cost of producing what is a key input ...
The mine is run by Kamoto Copper Company, a joint venture between Glencore (75%) and Gécamines (25%). [ 5 ] The deposits began to be exploited in 1960 by Gécamines up until 2000, when operations stopped due to flooding.
Copper miner Kaz Minerals (KAZ.L) on Thursday announced an interim dividend of 6 U.S. cents per share, the first in six years, and said it expected to make a similar payment for the second half as ...
The dividend yield or dividend–price ratio of a share is the dividend per share divided by the price per share. [1] It is also a company's total annual dividend payments divided by its market capitalization, assuming the number of shares is constant. It is often expressed as a percentage. Dividend yield is used to calculate the dividend ...
In August 2011 Glencore's CEO said the company planned to combine the two properties and to increase its share to over 50%. [ 14 ] In 2012, Glencore paid $340 million and took on $140 million in debt to increase its share of Samref Overseas from 50% to 74.49%, and for a 1% stake in Samref Congo .