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Tenke Fungurume Deposit, Democratic Republic of Congo ...

30.06.2021 · Tenke Fungurume is one of the largest copper and cobalt mining deposits in the world. It is located in the Democratic Republic of Congo (DRC), approximately 180 km northwest of the provincial capital of Lubumbashi in the old Katanga Province, about 150 km north of the Zambian border.

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Major Mines & Projects | Tenke Fungurume Mine

28.05.2018 · Mining at Tenke Fungurume has historically been carried out on benches of 5 m or 10 m height advancing top down in the various development phases. Recently, the bench height has been increased to 7.5 m and 15 m height. Bench operating surface widths are generally quite generous with the narrowest areas having a width of 30 m. Ore is generally broken using a

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The DRC - copper and cobalt - China Molybdenum Co., Ltd

Copper and cobalt mine in the DRC. CMOC is the second largest cobalt producer and a leading copper producer in the world. Covering an area of over 1,500 square kilometers, our Tenke Fungurume Mine (TFM) in the DRC specializes in exploration, mining, extraction, processing, and sales of copper and cobalt, boasting a complete set of techniques and processes for all

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Major Mines & Projects | Tenke Fungurume Mine

28.05.2018 · Mining at Tenke Fungurume has historically been carried out on benches of 5 m or 10 m height advancing top down in the various development phases. Recently, the bench height has been increased to 7.5 m and 15 m height. Bench operating surface widths are generally quite generous with the narrowest areas having a width of 30 m. Ore is generally broken using a

Read More
Tenke Fungurume Copper-Cobalt Mine - NS Energy

Tenke Fungurume, located in the Katanga province of the Democratic Republic of Congo (DRC) in central Africa, is one of the biggest and highest-grade copper-cobalt deposits in the world. Producing since 2009, the giant copper and cobalt mine is owned and operated by Tenke Fungurume Mining (TFM). China Molybdenum (CMOC), the world’s second ...

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Tenke Fungurume Mining - Congo Mines

Batiment TFM, Route Aéroport, Commune Annexe, Lubumbashi, Katanga DRC Phone : +243 99 100 5052, +243 99 100 5218, +243 99 535 7039 Email: [email protected] . Site web. Description. Les gisements de Tenke Fungurume constituent l'une des plus importantes réserves de cuivre et de cobalt connues au monde. Les concessions recèlent d’abondantes

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DRC’s largest mine was just sold. And DRC got ... - Oxfam

03.08.2016 · In early May, mining giant Freeport McMoRan finalized a deal with China Molybdenum Inc. (CMOC) to sell the company’s controlling stake in the Tenke Fungurume copper mine in Democratic Republic of Congo (DRC), the company’s largest copper mine in Africa. Freeport sold their 56 percent stake in the Congolese project for $2.65 billion.

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Congo initiates probe into China Moly’s Tenke Fungurume ...

20.08.2021 · Congo last renegotiated the Tenke deal with former owners Freeport-McMoRan Inc. and Lundin Mining Corp. in 2010, when the government increased the shareholding of state-miner Gecamines to 20% from ...

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PROJECT SUMMARY INFORMATION: TENKE FUNGURUME – TENKE ...

Tenke Fungurume Mining SARL (TFM) a DRC incorporated company. TFM is owned by Phelps Dodge Corporation, USA (which recently was taken over by Freeport-McMoRan of USA) at 57.75% (FCX/PDC), Tenke Mining Corporation from Canada (TMC, which is expected to merge with Lundin Mining Corp. from Canada on the 18 June 2007) at 24.75% and Gécamines, from

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Freeport-McMoRan Inc. - DRC Government & FCX Announce ...

22.10.2010 · The Tenke Fungurume mining concessions are located in the Katanga province of the DRC approximately 110 miles northwest of Lubumbashi. Copper production commenced last year on the approximately $2 billion initial development project, the largest such capital investment in the DRC in recent years. Current operations are designed to produce

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China Moly buys 95% of DRC copper-cobalt mine from ...

13.12.2020 · The DRC government holds the other 5% in the mine. China Moly acquired a 56% stake in Tenke Fungurume in 2016 from Freeport, which was looking to cut debt, and at the same time entered ...

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Freeport, DRC Wrap Up Tenke Fungurume Contract Review | E &

The Tenke Fungurume mining concessions are located in Katanga province of the DRC, about 110 miles northwest of Lubumbashi. Project development required about $2 billion in capital investment, the largest such investment in the DRC in recent years. Copper production began in 2009. Current operations are designed to produce 250 million lb/y of copper and 18 million lb/y

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Our Company | Lundin Mining Corporation

Acquire Tenke Mining Corporation – primary asset is the large copper and cobalt Tenke Fungurume Project in DRC. Announce expansion plans to quadruple zinc production at Neves-Corvo Mine and commence copper production at Zinkgruvan Mine. Acquire Rio Narcea Gold Mines, Ltd. – primary asset is the nickel-copper Aguablanca Mine in Spain. 2006. Merge with

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Tenke Fungurume Copper-Cobalt Mine - NS Energy

Tenke Fungurume, located in the Katanga province of the Democratic Republic of Congo (DRC) in central Africa, is one of the biggest and highest-grade copper-cobalt deposits in the world. Producing since 2009, the giant copper and cobalt mine is owned and operated by Tenke Fungurume Mining (TFM). China Molybdenum (CMOC), the world’s second ...

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Tenke Fungurume Mining - Congo Mines

Batiment TFM, Route Aéroport, Commune Annexe, Lubumbashi, Katanga DRC Phone : +243 99 100 5052, +243 99 100 5218, +243 99 535 7039 Email: [email protected] . Site web. Description. Les gisements de Tenke Fungurume constituent l'une des plus importantes réserves de cuivre et de cobalt connues au monde. Les concessions recèlent d’abondantes

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DRC : Tenke Fungurume Mining hounded by subcontractor KCS ...

18.11.2021 · Initially slated for 18 October, the hearing involving the Chinese mining company Tenke Fungurume Mining (TFM) and the mining services firm Katanga Contracting Services (KCS) has been rescheduled for 20 November before the Lubumbashi commercial tribunal. TFM, the China Molybdenum Co (CMOC) subsidiary operating the Tenke Fungurume copper

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Probe initiated on China Moly’s Tenke Fungurume mine in ...

28.08.2021 · The Democratic Republic of Congo has initiated a probe into China Moly’s Tenke Fungurume mine. The country has established a commission to ensure China Molybdenum Co. is complying with its contractual obligations regarding the mine.. The office of President Felix Tshisekedi authorized the investigation into CMOC’s mineral reserve data and the financing

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Congo initiates probe into China Moly’s Tenke Fungurume ...

20.08.2021 · Congo last renegotiated the Tenke deal with former owners Freeport-McMoRan Inc. and Lundin Mining Corp. in 2010, when the government increased the shareholding of state-miner Gecamines to 20% from ...

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Ivanhoe Mines & Tenke Fungurume big winners at DRC Mining ...

13.06.2016 · The DRC Mining Award winners. Tenke Fungurume was named Mining Company of the Year for the second year in a row at the awards on Wednesday, while Ivanhoe claimed victory in two categories. The MD of Ivanhoe Mines’ DRC Operations, Louis Watum, was honoured with the Lifetime Achievement Award. Ivanhoe also won the Clean Energy Project of

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Congo initiates probe into China Moly’s Tenke Fungurume ...

21.02.2020 · Congo last renegotiated the Tenke deal with former owners Freeport-McMoRan Inc. and Lundin Mining Corp. in 2010, when the government increased the shareholding of state-miner Gecamines to 20% from 17.5%. The amended contract also required the Tenke joint venture to pay Gecamines a $1.2 million royalty for each additional 100,000 tonnes of copper

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PROJECT SUMMARY INFORMATION: TENKE FUNGURUME – TENKE ...

Tenke Fungurume Mining SARL (TFM) a DRC incorporated company. TFM is owned by Phelps Dodge Corporation, USA (which recently was taken over by Freeport-McMoRan of USA) at 57.75% (FCX/PDC), Tenke Mining Corporation from Canada (TMC, which is expected to merge with Lundin Mining Corp. from Canada on the 18 June 2007) at 24.75% and Gécamines, from

Read More
China Moly buys 95% of DRC copper-cobalt mine from ...

13.12.2020 · The DRC government holds the other 5% in the mine. China Moly acquired a 56% stake in Tenke Fungurume in 2016 from Freeport, which was looking to cut debt, and at the same time entered ...

Read More
Freeport, DRC Wrap Up Tenke Fungurume Contract Review | E &

The Tenke Fungurume mining concessions are located in Katanga province of the DRC, about 110 miles northwest of Lubumbashi. Project development required about $2 billion in capital investment, the largest such investment in the DRC in recent years. Copper production began in 2009. Current operations are designed to produce 250 million lb/y of copper and 18 million lb/y

Read More