Katanga Mining Limited and Nikanor PLC have agreed on a merger of the two companies. The merger will create a company with a combined market capitalisation of approximately US$2.7 billion and, according to public statements, the potential to become by 2011 Africas largest copper producer and the worlds largest cobalt producer. Davies represented each of RP Capital and Glencore, major shareholders of Katanga Mining and of Nikanor PLC.
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2007