Katanga posts profit on improving output
share
February 8, 2010, 5:40 pm

TORONTO (Reuters) - Katanga Mining, which is focused on operations in the Democratic Republic of Congo, reported a fourth-quarter profit on Monday, helped by increasing copper and cobalt output. The Canadian-listed company reported net income of $15.3 million and sales of $100 million. It did not provide a comparison with results from the year-ago quarter. Katanga is forecasting production of 82,000 tonnes of copper cathode and 5,500 tonnes of cobalt metal in 2010. Shares of the company were up 2 Canadian cents at 66 Canadian cents on the Toronto Stock Exchange.

 

Business News

Banner

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.