Katanga Mining Ltd posted a first-quarter loss on Tuesday, as it continues to work on ramping-up production and lowering costs.
The copper and cobalt miner, which operates a major mine complex in the Democratic Republic of Congo, reported a net loss of $52 million, or 25 cents a share.
The company posted a year-ago loss of $17.4 million, or 10 cents a share, according to a prior statement.
Source: Reuters
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