Katanga and Nikanor to form African copper giant

Katanga Mining (KAT-T, KATFF-O) and Nikanor (nkr-l) are planning a merger that would create Africa's biggest copper producer and become the world's biggest cobalt producer by 2011.The $2.1-billion cash-and-stock deal will see the smaller Katanga acquire Nikanor at a discount.Both...

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