Katanga Mining Limited

Katanga Mining Limited

August 28, 2006 09:15 ET

Katanga Appoints PWC as Auditors

TORONTO, ONTARIO--(CCNMatthews - Aug. 28, 2006) - Katanga Mining Limited (TSX:KAT) ("Katanga" "Company") announces the engagement of the accounting firm of PricewaterhouseCoopers LLP ("PWC"), chartered accountants as auditors for the Company for the 2006 financial year.

"Now that Katanga, through its Kamoto joint venture, has begun to refurbish and develop the Kamoto/Dima mining complex, and completed its listing on the Toronto Stock Exchange, we believe that it is important to have the experience and breadth of an international accounting firm. We look forward to working with PWC as we begin the next phase of our Company's evolution," stated Arthur Ditto, President and CEO of Katanga. "I would also like to thank Smith Nixon & Co. LLP for their many contributions during our formative years," said Mr. Ditto.

Katanga Mining Limited is staged to become a premier copper and cobalt producer through its investment in the long-lived, high-grade Kamoto Mine, located in the Katanga Province of the Democratic Republic of Congo. For over 70 years, the Katanga Province has been an important producer of copper and cobalt to the world markets. Katanga has over 1,400 people working on the Kamoto joint venture.

To learn more about Katanga Mining Limited, please visit our website at www.katangamining.com.

Contact Information

  • Katanga Mining Limited
    Arthur H. Ditto
    President & Chief Executive Officer
    Office: (416) 369-4340
    Mobile: (416) 456-3308
    Katanga Mining Limited
    Anu Dhir
    VP Corp. Development
    Office: (416) 369-4340
    Mobile: (416) 843-0401