Katanga to restate certain historic results

Canadian copper/cobalt producer Katanga Mining said on Monday it would restate some past financial statements to correct inaccuracies in its recorded amount of copper production during 2015 and 2014. The company's independent directors are conducting an ongoing review in cooperation with management, Katanga's external auditors Deloitte & Touche, the company's outside legal counsel, and outside accounting advisers of historical accounting relating to the production of copper cathode, copper concentrates and stockpiled ore from its copper/cobalt operations in the Democratic Republic of Congo.