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OSC approves US$22.24M Katanga settlement

Glencore subsidiary agrees that it misstated its financial position, results

Henry Lazenby
Katanga Mining has agreed to pay C$30 million in penalties stemming from disclosure deficiencies

Katanga Mining has agreed to pay C$30 million in penalties stemming from disclosure deficiencies

The subsidiary of Swiss mining giant Glencore said on Tuesday a panel at the OSC had approved a voluntary C$28.5 million payment and to reimburse the commission $1.5 million for costs. Katanga would also...

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