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 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.

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.

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 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 and Significant Contributions to the DRC. November 10, 2023 Constance. In the third quarter of 2023, …

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-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 ...

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.

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 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.

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 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 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.

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 ...

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

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 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 …

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 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.

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 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 ...

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 ...

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 …

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.

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.

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 ...

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).

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 ...

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.