April 19, 2018 9:38 PM ET

Metals and Mining

Company Overview of Mutanda Mining Sarl

Company Overview

Mutanda Mining Sarl explores and produces copper and cobalt. The company is based in Lubumbashi, Democratic Republic of the Congo. Mutanda Mining Sarl operates as a subsidiary of Glencore Plc.

109 Avenue Songololo

Katanga

Lubumbashi,  

Democratic Republic of the Congo

Phone:

243 81 97 82 744

Key Executives for Mutanda Mining Sarl

Mutanda Mining Sarl does not have any Key Executives recorded.

Mutanda Mining Sarl Key Developments

Mutanda Mining SARL Announces Production Results for the Fourth Quarter and Full Year of 2016

Mutanda Mining SARL announced production results for the fourth quarter and full year of 2016. For the quarter, the company reported production of copper metal of 51,000 tonnes against 55,100 tonnes a year ago. Production of Cobalt contained was 6,300 tonnes against 5,300 tonnes a year ago. For the year, the company reported production of copper metal of 213,300 tonnes against 216,100 tonnes a year ago. Production of Cobalt contained was 24,500 tonnes against 16,500 tonnes a year ago.

Glencore Considers Options About Mutanda Stake

Glencore Plc (LSE:GLEN) currently considering its strategic options in connection with Mutanda Mining Sarl in relation to potential acquisition of a further stake in Mutanda.

Mutanda Mining SARL Announces Operating Results for the Third Quarter and Nine Months of 2016

Mutanda Mining SARL announced operating results for the third quarter and nine months of 2016. For the quarter, the company produced 53,400 tonnes of copper and 7,300 tonnes of cobalt, a decrease in copper of 1% and an increase in cobalt of 22% respectively on the second quarter of 2016. Total copper production in the first nine months of 2016 was 162.3kt, up 1% from the same period last year 161.0kt. The plant consistently produced above nameplate capacity. Cobalt production of 18,200 tonnes year-to-date was 7,000 tonnes (63%) higher than the comparable period, due to the completion of plant optimization projects during 2016 and improved cobalt grades in the material processed.

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