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Kolwezi |
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No references found | KAT, Stock Forum) tumbled 21% to 30 cents after the company confirmed that it has temporarily suspended mining operations at the Tilwezembe open pit and ore processing at the Kolwezi Concentrator, in the Democratic Republic of Congo
The move comes in light of the depressed price of cobalt, says the company, which adds that it will not be producing cobalt concentrate as a result. AMZ's victory was at the expense of the South African mining giant, Anglo American, and Belgium's Union Miniere both of which had been granted licences by Mobutu before his overthrow to mine copper and cobalt in Kasomba and Kolwezi respectively. Likewise, Tim Read, the president and CEO of American Mineral Fields which has stakes with AngloAmerican in the large Kolwezi cobalt and copper tailings project in Katanga, told his company's shareholders that: "We were encouraged by President Kabila's reassurances that measures will be put in place to make the DRC more attractive to foreign investment and reconstruct the national economy. |
Kolwezi |
Kölreuter, Josef Gottlieb Kölreuter, Joseph Gottlieb Kols Kolsky Peninsula Kolsky Peninsula KOLT KOLT Kolte Patil Developers Ltd. Kolte-Patil Developers Limited Kolthoff, Izaak Maurits Koltsov, Aleksei Koltsov, Aleksei Vasilevich Koltsov, Aleksey Vasilyevich Koltsov, Mikhail Koltsov, Mikhail Efimovich Koltsov, Nikolai Koltsov, Nikolai Konstantinovich Koltsovo Koltubanovskii Koltun Koluschan Koluton Koluvan Koluvan Kolva Kolva River Kolvitsa Kolwezi koly-Kolyma Kolyma Kolyma (river) Kolyma Highlands Kolyma Lowland Kolyma Mountains Kolyma Range Kolyma Range Kolyma region Kolyma region Kolyma River kolypeptic Kolyshlei kolytic Kolyu Ficheto Kolyvan KOM Kom Ombo Koma Koma Civaken Kurdistan Koma-Ga-Take KOMAF Komaki Komaki, Aichi KOMAM Komanditine Ukine Bendrija | |||||||
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