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Katanga Project Update & 2Q Financials Conference Call On August 12

August 6, 2008

LONDON, UNITED KINGDOM–(Marketwire – Aug. 6, 2008) – Katanga Mining Limited (TSX:KAT) (“Katanga”) announces that it will hold a conference call and webcast at 8.30am Eastern Time (Toronto) / 1.30pm BST (London) on August 12, 2008 to provide a project update and discuss its second quarter financials.

The call will be hosted by Arthur Ditto, President and Chief Executive Officer, and Stephen Jones, Senior Vice President and Chief Financial Officer. Senior site personnel will be available for questions.

Details of how to access the call and webcast are below. A news release, slide presentation and financial statements will be available on Katanga’s website, www.katangamining.com, prior to the call.

Conference call/webcast details: Date:______ August 12, 2008 Time:______ 8.30am Eastern Time (Toronto) / 1.30pm BST (London) Dial in:____1800 608 0547 (Canada Free Call) ____________0808 109 0700 (UK Free Call) ____________1866 966 5335 (USA Free Call) ____________+44 203 003 2666__(Standard International) ID:________ Katanga Mining Limited (please quote this when dialing in) Webcast:____An audio webcast with slide presentation will be available at ____________ the following link: ____________ http://services.choruscall.eu/links/katanga080812.html

Replay details:

The call will be available for replay until midnight on August 18, 2008 at the following number: +44 (0) 208 196 1998 (International Access Number), 6736718 Replay PIN Number. The webcast will be archived at the same location as above for six months.

To learn more about Katanga Mining Limited, please visit our website at www.katangamining.com.

Katanga Mining Limited operates a major mine complex in the Democratic Republic of Congo producing refined copper and cobalt. The company has the potential to become Africa’s largest copper producer and the world’s largest cobalt producer, with a targeted annual output of over 300,000 tonnes of refined copper and over 30,000 tonnes of refined cobalt by 2011. Katanga is listed on the Toronto Stock Exchange under the symbol KAT.

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