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Katanga Mining Limited

09:47 AM EST - Katanga Mining Limited : announced its financial results for the 2010 fourth quarter. Highlights for the fourth quarter ended December 31, 2010: the Company had a net income of $214.3 million U.S. This amount includes a non-cash future income tax recovery of $176.6 million U.S. Total sales for the fourth quarter of 2010 were $150.7 million U.S., comprised of $111.7 million U.S. (12,036 tonnes) for copper cathode, $26.4 million U.S. (842 tonnes) for cobalt metal and $12.6 million U.S. (2,124 tonnes of contained copper) for copper concentrate. Katanga Mining Limited

shares T.KAT are trading up $0.08 at $1.88.