TSX-listed Katanga Mining is closely monitoring the progress of the spread of Covid-19 and is taking measures to contain the impact thereof on the health of its employees and operations. Meanwhile, as previously announced, Katanga’s 75%-owned subsidiary Kamoto Copper Company (KCC) entered into an agreement with KCC’s 25% shareholder, Democratic Republic of Congo (DRC) owned La Générale des Carrières et des Mines to acquire from Gécamines a comprehensive land package covering areas adjacent to KCC’s existing mining concessions for $250-million.
