Katanga Mining Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012; Announces Board Changes
For the nine months, the company reported total sales of $370.8 million. The company generated a net income of $31.6 million.
The company also announced that Mr. Cornelis Erasmus, non-executive Director and Member of the Audit Committee of the company, has resigned to pursue other opportunities. Mr. Liam Gallagher has joined company as non-executive Director and Member of the Audit Committee. Mr. Gallagher is currently employed with Glencore International AG and also serves as Director of Mutanda Mining Sprl. Mr. Gallagher was appointed for a term expiring at the next annual general meeting of shareholders of the company in 2013.