Katanga Mining Limited
TSX : KAT

Katanga Mining Limited

June 12, 2008 09:00 ET

Katanga Mining Limited: Interest Payment on Katanga Notes

LONDON, UNITED KINGDOM--(Marketwire - June 12, 2008) - Katanga Mining Limited (TSX:KAT)("Katanga") announced today that the semi-annual interest payment on its outstanding 14% unsecured subordinated notes (the "Notes") due November 30, 2013 will be made on or about July 2, 2008 to noteholders of record on June 17, 2008 (the "Record Date"). Holders of Notes on the Record Date will receive a cash payment of CDN$69.81 for every CDN$1,000 principal amount of Notes held.

At the close of business on June 11, 2008, Katanga had an aggregate of CDN$124,835,950 principal amount of Notes issued and outstanding.

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

Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The company has the potential to become Africa's largest copper producer and the world's largest cobalt producer, with a targeted annual output of over 300,000 tonnes of refined copper and over 30,000 tonnes of refined cobalt by 2011. Katanga 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 5800
    or
    Katanga Mining Limited
    Steve Jones
    Chief Financial Officer
    +44 (0)20 7440 5800
    or
    Katanga Mining Limited
    Anu Dhir
    Vice President, Corporate Development
    +44 (0)20 7440 5800
    Website: www.katangamining.com
    or
    Media:
    Citigate Dewe Rogerson (UK)
    Kate Delahunty/George Cazenove
    +44 (0)20 7638 9571
    or
    Fleishman-Hillard (North America)
    Caroline Spivak
    (416) 645-8185