Katanga Mining Limited

Katanga Mining Limited

June 07, 2007 10:29 ET

Katanga Board Change

LONDON, UNITED KINGDOM--(Marketwire - June 7, 2007) - Katanga Mining Limited (TSX:KAT), the African-based global copper producer, today announced that, due to the additional responsibilities and to avoid any potential conflicts of interest in her new role as Portfolio Minister in the government of the Democratic Republic of Congo, Mabunda Mudiayi has resigned from its Board of Directors.

The Board has already begun the search for a replacement for Ms. Mudiayi, who joined the Board in July 2006. Katanga aims to maintain the strong Congolese representation on its Board with any new appointment.

"On behalf of the Board of Directors I would like to thank Mabunda for her contribution to Katanga and wish her every success as Portfolio Minister, where she will play a vital role in ensuring the bright future of the DRC," stated Arthur Ditto, President & CEO of Katanga.

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

Katanga Mining Limited, the African-based global copper producer, operates a major copper-cobalt mine complex in the Democratic Republic of Congo.

First copper is due to be shipped in December 2007 and the site is expected to reach full production in 2011, when 150,000 tonnes of refined copper and 8,000 tonnes of refined cobalt will be produced a year. The Company will be among the world's lowest cost producers.

Katanga Mining Limited is listed on the Toronto Stock Exchange under the symbol KAT.

Contact Information

  • Katanga Mining Limited
    Arthur H. Ditto
    President & Chief Executive Officer
    +44 (0)20 7440 5824
    Mobile: +44 (0)7983 447774
    Katanga Mining Limited
    Anu Dhir
    Vice President, Corporate Development
    +44 (0)20 7440 5822
    Mobile: +44 (0)7983 438942
    Katanga Mining Limited
    15 Golden Square
    London W1F 9JG
    United Kingdom
    +44 (0)20 7440 5800
    Website: www.katangamining.com