Katanga remains near low as it offers update

By Staff reporter / December 17, 2019 / www.mining-journal.com / Article Link

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Its new management team has taken up their roles, led by CEO Mark Davis who last month became the company's third CEO appointed by majority owner Glencore this year.
 
The company confirmed all required accounting systems upgrades were now "fully or substantially implemented" - as per its US$22.2 million settlement with the Ontario Securities Commission reached 12 months ago - and it expected consultant testing to proceed as scheduled in the first quarter of 2020.
 
Katanga owns 75% of the Kamoto Copper Company in the DRC, where up to 43 illegal miners

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