(Reuters) - Katanga Mining Ltd.'s shares jumped about 10 percent in heavy activity on Wednesday after the tiny copper miner made moves to block a rival company from gobbling up its stock in a creeping takeover bid.
The shares of the company, which rehabilitates mines and plants near Kolwezi in the Katanga province of the Democratic Republic of Congo, were up C$1.44, or 9.1 percent, at C$17.24 on the Toronto Stock Exchange by late morning, after racing as high as C$17.35 earlier in the session.
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