TSX-listed Katanga Mining’s gross loss for the second quarter ended June 30, widened to $94.8-million, from $92.5-million in the quarter before owing to lower realised copper prices, which were offset by lower processing costs. The lower processing costs were owing to lower material milled in KTC and lower production levels at the company’s Luili project, as well as a decrease in provisions relating to slow-moving and obsolete stock.
