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Katanga Q4 loss on suspended cobalt sales, higher costs

/ Financial Results, Operating Mine / By Canadian Mining Journal

Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased mine…

The post Katanga Q4 loss on suspended cobalt sales, higher costs appeared first on Canadian Mining Journal.

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