Katanga Mining

Katanga Mining Limited "operates a large-scale copper-cobalt project with substantial high-grade mineral reserves and integrated metallurgical operations in the Democratic Republic of Congo (DRC)...

"The January 2008 merger with Nikanor PLC, whose adjacent concessions had previously been part of the same mine complex, has consolidated our leadership position in the region and is expected to generate significant operating and financial synergies.

"Katanga holds a 75% stake in two joint ventures with Gécamines, a state-owned mining company in the DRC. See our corporate structure for additional information on how the company is structured."

Coal plant
In October 2012 it was reported that a 500 MW coal plant was being planned in the Congo for 2015, at a cost of €500m. The plant would be used to power the country’s mining firms, particularly in the Katanga region, which have been buying power from Zambia for production. The mining firm is also in talks with the Development Bank of Southern Africa about securing $270m in financing, which is likely to be concluded by December 2012.Diarmaid Williams, "Congo’s coal power plant to reduce shortages," Power Engineering, Oct. 25, 2012.

Senior Management
Accessed September 2008:


 * President, Chief Executive Officer and Director - Arthur H. Ditto
 * Vice President, Corporate Development - Anu Dhir
 * Senior Vice President, Project Development - Kim Freeman
 * Senior Vice President and Chief Financial Officer - Stephen Jones (Mining)
 * Vice President, Human Resources - Brett Richards
 * Senior Vice President, Corporate Affairs - Allan D. Schoening

Directors
Accessed September 2008:


 * Hugh Stoyell - Chair
 * Arthur H. Ditto - President
 * Rafael Berber
 * George A. Forrest
 * Malta D. Forrest
 * Aristotelis Mistakidis
 * Jean-Claude Masangu Mulongo
 * Stephen Oke
 * Terry Robinson
 * Robert Wardel

Contact

 * Web: http://www.katangamining.com

Related Sourcewatch articles

 * Beny Steinmetz
 * Thomas Pladsen - former CEO