tenke mining corporation

Lundin strikes $1.4-billion deal for Tenke Mining

Lundin Mining Corp. has struck a $1.4-billion stock-swap deal to acquire Tenke Mining Corp. and create a leading intermediate base-metals company with a global portfolio of assets.

Tenke Mining

Tenke Mining Corporate Social Responsibility. Mining companies that support the mission of mindat with premium level sponsorship can document their Corporate Social Responsibility programmes on their mine pages with text, document downloads, video links and images. Contact jolyon@mindat to take part. Type.

Chinese firm regains control of DRC mine after royalty dispute

China Moly acquired its controlling stake in Tenke Fungurume in 2016 for US$2.65 billion from US mining firm Freeport-McMoRan and increased its stake to 80 per cent for US$1.14 billion in 2019.

West challenges China's critical minerals hold on Africa

Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south. Picture taken January 29, 2013.

Lundin Mining, Together With Tenke Partners, to Acquire …

Lundin Mining Corporation is a diversified Canadian base metals mining company with operations in Portugal, Sweden, Spain and Ireland, producing copper, zinc, lead and nickel. In addition, Lundin Mining holds a 24% equity stake in the world-class Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo.

Tenke Fungurume Reports Strong Third-Quarter Production …

Tenke Fungurume Reports Strong Third-Quarter Production and Significant Contributions to the DRC. November 10, 2023 Constance. In the third quarter of 2023, …

Lundin agrees billion-dollar deal to merge with Tenke

VANCOUVER-based Lundin Mining Corp has reached a C$1.54 billion agreement to acquire Tenke Mining Corp. The merger will create a medium-sized base …

Freeport sells key copper mine for $2.7bn to China Molybdenum

Freeport-McMoRan. on Monday outlined plans to sell its largest African copper mine to China Molybdenum for $2.65bn, in the US mining company's most decisive step so far to reduce its $20bn debt ...

China Moly to invest $2.5bn to expand Tenke Fungurume mine in …

The company earlier stated: "The expansion can increase daily ore processing capacity by 10,000 tonnes… to 25,000 tonnes, copper and cobalt annual production will be lifted significantly." In 2016, the company bought a controlling stake in the Tenke Fungurume mine from US miner Freeport-McMoRan for $2.6bn.

Lundin Mining Mails Tenke Merger Information …

The acquisition of Tenke is the next step in establishing Lundin Mining as a major global mining house. The Tenke Fungurume copper/cobalt project is one of the world's richest …

Tenke Mining Corporation

Tenke Mining Corporation in Vancouver, reviews by real people. Yelp is a fun and easy way to find, recommend and talk about what's great and not so great in Vancouver and beyond.

Lundin Mining Corporation: Tenke Project Update

TORONTO, ONTARIO– (Marketwire - July 22, 2008) - Lundin Mining Corporation (TSX:LUN) (NYSE:LMC) (OMX:LUMI) ("Lundin Mining" or the "Company") is pleased to provide an update on the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Lundin Mining holds a 24.75% interest in Tenke …

Tenke Fungurume Mine

Tenke Fungurume Fungurume SA is a leading copper and cobalt producer, with mines and processing facilities situated within the African copper belt in the Democratic Republic of the Congo. Tenke's …

Tenke Fungurume Mining Company Profile: Valuation, …

Tenke Fungurume Mining General Information Description. Operator of copper and cobalt mines. The company is engaged in the surface mining, leaching, solvent extraction and electrowinning operations of copper and cobalt deposits with oxide, mixed oxide-sulfide and sulfide mineralization.

CMOC sees electricity as constraint on Congo expansion

A recent wildcat strike by truckers had stranded copper and cobalt from mines including CMOC's Tenke Fungurume. Electricity supply is sufficient for CMOC's existing capacity, but power is the ...

Lundin Mining and Tenke Mining to Merge

VANCOUVER, BRITISH COLUMBIA–(CCNMatthews - April 11, 2007) - Lundin Mining Corporation (TSX:LUN)(AMEX:LMC)(SSE:LUMI) (Lundin Mining) and Tenke Mining …

Tenke Fungurume Mining | LinkedIn

Tenke Fungurume Mining | 20,081 followers on LinkedIn. Proudly operating in the heart of Africa and contributing to the future of the Democratic Republic of the Congo. | Tenke Fungurume is located ...

Lundin Mining: Tenke Fungurume Reserve and Resource …

Lundin Mining holds an effective 24.75% interest in the Tenke Fungurume copper and cobalt concessions in the DRC. The Company's interest in Tenke will be reduced to 24% after receiving the required government approval of the modifications to the Tenke Fungurume Mining's bylaws that reflect the signed agreements with the DRC …

DRC Tenke Fungurume Copper & Cobalt Project …

north of Fungurume to the mine and plant, storm water controls, fencing and access control facilities. 3. LEGAL AND POLICY FRAMEWORK 3.1 The DRC civil code applies to the project as limited by the Amended and Restated Mining Convention (ARMC), signed on September 28, 2005 between the DRC, the state mining company, Gécamines and TFM.

Lundin Mining Updates on the Tenke Fungurume Copper/Cobalt Project

Lundin Mining holds a 24.75% interest in the Tenke Fungurume project. The Company's operating partner, Freeport-McMoRan Copper & Gold Inc. ("Freeport") holds a 57.75% interest and La Generale des Carrieres et des Mines, the DRC state mining company, holds the remaining 17.5% interest.

The DRC

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 …

China Moly to double Tenke Fungurume copper, cobalt output

China Moly acquired a controlling stake in Tenke Fungurume, one of the world's largest copper-cobalt deposits, in 2016 for $2.65 billion from US miner Freeport-McMoRan (NYSE: FCX). In 2019, it ...

China Moly denies DRC takeover of its Tenke copper-cobalt mine

Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine 110km (68 miles) northwest of Lubumbashi in DRC's copper-producing south, on January 29, 2013 [File ...

Major Mines & Projects | Tenke Fungurume Mine

The Tenke Fungurume (TFM) Copper and Cobalt Mine in the DRC represents one of the largest reserve and highest grade copper-cobalt mines in the world, with a mining area that covers over 1,500 sq. km and huge resource potential. In July 2023, China's CMOC resumed copper, cobalt shipments from Congo Tenke Fungurume mine, which had …

One of world's biggest cobalt mines is at stake in Congo fight

CMOC bought control of Tenke Fungurume Mining Sarl from Phoenix-based Freeport McMoRan Inc. about five years ago in a deal that ultimately cost the company more than $3 billion.

Lundin Mining Mails Tenke Merger Information Circular

FOR FURTHER INFORMATION PLEASE CONTACT:Lundin Mining Corporation Catarina Ihre Investor Relations, Europe +46-706-07 92 63 or Lundin Mining Corporation Sophia Shane Investor Relations, North America (604) 689-7842 (604) 689-4250 (FAX) Website: Sustainability.

TFM facilitates access to quality healthcare in its mining concession

November 29, 2021. Long before the production of the first copper cathode, Tenke Fungurume Mining focused on the health care of the communities of its concession, which was acutely posed. Malaria ...

'Like slave and master': DRC miners toil for 30p an hour to …

He is employed, via a subcontractor, at Tenke Fungurume mine (TFM), one of the country's biggest industrial mines, which is 80% owned by the Chinese company China Molybdenum(CMOC).

Tenke Fungurume Copper-Cobalt Mine

Production from the Tenke Fungurume mine remained stable despite the outbreak of the Covid-19 pandemic in 2020, as its copper output saw a 2.61% year-on-year increase to 182,597 tonnes (t), whereas the cobalt production decreased by 4.11% to 15,436t. Bolstered by the post-pandemic surge in copper and cobalt prices, the Chinese operator ...

Congo court appoints temporary administrator to run China Moly's Tenke mine

Excavators and drillers at work in an open pit at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south, File.

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