Mining for energy: The DRC''s unlikely power solution — …

2017-9-26 · The Tenke Fungurume copper mine in the Katanga province of the DRC. Lundin Mining. The lack of power for residents of Fungurume is contrasted by the massive production happening locally at Tenke Fungurume Mining Company, a controversial Chinese company. The multi-billion dollar company owns one of the world''s largest known copper and cobalt ...

Ivanhoe Mines & Tenke Fungurume big winners at DRC …

2016-6-13 · 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 …

Tenke Fungurume

2015-6-23 · Instead of standing puzzled in a street in Lubumbashi, the largest city in the Democratic Republic of the Congo, Cotnoir was supposed to be taking a four hour car ride to the Tenke Fungurume Mine. Cotnoir had been sent to the DRC to teach master rigger courses at the TK Mine, the largest copper and cobalt mine in Africa.

China Molybdenum to double Tenke Fungurume copper, …

2021-8-9 · China Molybdenum to double Tenke Fungurume copper, cobalt output in 2023. China Molybdenum will invest $2.51 billion into expanding copper and cobalt production at the Tenke Fungurume mine (TFM) in the Democratic Republic of Congo (DRC), the company said on August 7 in a filing to the Shanghai Stock Exchange. The new investment, which includes ...

Tenke Fungurume and Ivanhoe Mines big winners at DRC ...

2016-6-10 · Mining industry''s top pioneers and projects honoured during DRC Mining Week. Tenke Fungurume was named Mining Company of the Year for the second year in a row at the DRC Mining Industry Awards on Wednesday, while Ivanhoe claimed victory in two categories.The Managing Director of Ivanhoe Mines, Louis Watum, was honoured with the Lifetime Achievement Award and Ivanhoe …

Tenke Fungurume

2011-6-2 · Tenke Fungurume copper/ cobalt project, we have had good support from the government, are pleased with the progress being made, and are excited about the future of the mine and the nation. Projects like Tenke Fungurume are essential as the DRC strives to improve the quality of life of its people and to further enhance the stability of the country.

Reservoir Minerals | Mining Business Media

Following Freeport''s $2.65B sale of its stake in the big Tenke Fungurume Copper Mine in the DRC, 24% project-holder Lundin is looking to sell its stake NEVSUN RES: $365M RESERVOIR MINS BID Post date:

Herman Grobler

JIC Mining Services was bought by a big Indian owned group Westdawn Investments. Main shareholder was Mr. Jay Gupta. JIC is a Mining Contracting Company rendering non-core mining services to big ...

Freeport sells billion dollar mine to Chinese miner ...

2016-5-10 · Freeport sells billion dollar mine to Chinese miner. Freeport McMoRan has sold its largest holdings in Africa to China Molybdenum for more than US$2 billion. Freeport has entered into a …

Mining News Center

2021-9-17 · Mining News Pro - China Molybdenum will invest $2.51 billion to double copper and cobalt production at its giant Tenke Fungurume mine (TFM) in the Democratic Republic of Congo. Friday, August 6, 2021 - 01:00:51

Statler College Media Hub | Freeport-McMoRan executive …

2016-9-7 · The lecture, which will begin at 5 p.m., in Grand Hall A, of the Erickson Alumni Center, is open to the public. Conger is responsible for management of the company''s North and South America copper mining operations, Tenke Fungurume minerals …

China Backs Congo''s Ban on 6 Small Chinese Mining ...

2021-9-15 · The move comes as Democratic Republic of Congo''s President Felix Tshisekedi increases scrutiny of Chinese mining activities, reviewing a $6 billion "infrastructure-for-minerals" deal with Chinese investors and reassessing China Molybdenum''s Tenke Fungurume mine. The governor of Congo''s eastern South Kivu province, Theo Kasi, suspended ...

Freeport McMoran versus the People of Fungurume: How …

2021-8-5 · The Tenke Fungurume Mining (TFM) company controls a 1,600 square kilometre mining concession in the Democratic Republic of Congo (DRC). The Tenke Fungurume deposits make up one of the most important reserves of copper and cobalt in the world with abundant quantities of high assay ore.

The complexities of military involvement in mining

Conflicts, like accidents, are common in mining Conflicts between the big mining companies and artisanal miners are common with the two increasingly sharing the same space. At the Kamoto Copper Company (KCC) concession – a sprawling site of more than 21km that is majority-owned by a Glencore subsidiary – an estimated 2,000 Congolese artisanal miners trespass every day, according to the ...

Congo''s biggest copper miner warns of operating loss ...

Congo''s biggest copper miner warns of operating loss. Tenke Fungurume Mining''s operational issues will be a concern for China Molybdenum, which paid $2.65bn to acquire a controlling stake in the ...

150 King Street West Suite 1500 Investor Relations P.O …

2017-4-4 · sized aircraft. The copper and cobalt product and bulk mine consumables are primarily transported by truck between Tenke Fungurume and ports in South Africa via a transport hub located at Ndola in Zambia. The tailings storage facility is located to the north west of the process plant site. The entire impoundment area

For $ 1.14 billion, China Molybdenum strengthens its ...

2019-1-28 · Indeed, the agreement aims to increase to 80% the interests of Molybdenum which already owned 56% in the large copper and cobalt Tenke Fungurume mine in the Democratic Republic of Congo (DRC). To do this, it will buy BHR Newwood DRC, holding company holding …

China backs Congo''s ban on 6 small Chinese mining …

2021-9-14 · The move comes as Democratic Republic of Congo''s President Felix Tshisekedi increases scrutiny of Chinese mining activities, reviewing a $6 billion "infrastructure-for-minerals" deal with Chinese investors and reassessing China Molybdenum''s Tenke Fungurume mine.

Congo reviews $6b mining deal with Chinese investors ...

2021-8-30 · Asked at an online briefing about the formation of a government commission to reassess reserves, the chairman of China Molybdenum, Yuan Honglin, said communication between Tenke Fungurume and Congo''s state-owned mining company Gecamines, its minority partner at the mine, was going according to plan.

China''s pursuit of mining & metals industry transition ...

2021-9-15 · In May 2021, the world-class Kamoa-Kakula copper mine in the DRC achieved the first production with the backing of Chinese and Canadian shareholders including Zijin Mining, Ivanhoe Mines and Citic Metals. Kamoa-Kakula will be the second-largest copper mine globally at its peak production (800,000 tons of copper metal-equivalent per year).

TENKE FUNGURUME MINING SA Company Profile | …

TENKE FUNGURUME MINING SA is located in Lubumbashi, Democratic Republic Of The Congo and is part of the Nonferrous Metal (except Aluminum) Production and Processing Industry. TENKE FUNGURUME MINING SA has 500 employees at this location and generates $82.57 million in sales (USD). (Employees figure is estimated, Sales figure is modelled).

DRC : Tensions at the top over Tenke Fungurume mine

2021-9-17 · According to the information of Africa Intelligence, the office of the prime minister has expressed its displeasure to the president''s office regarding the ad hoc commission created to evaluate the copper and cobalt mine run by Tenke Fungurume Mining (TFM). The Congolese prime minister Sama Lukonde Kyenge is particularly displeased with Guylain Nyembo, President Félix Tshisekedi''s chief of ...

Congo reviewing $6 billion mining deal with Chinese ...

2021-8-30 · Asked at an online briefing about the formation of a government commission to reassess reserves, the chairman of China Molybdenum, Yuan Honglin, said communication between Tenke Fungurume and Congo''s state-owned mining company Gecamines, its minority partner at the mine, was going according to plan.

Ivanhoe Mines & Tenke Fungurume big winners at DRC …

2019-1-28 · Indeed, the agreement aims to increase to 80% the interests of Molybdenum which already owned 56% in the large copper and cobalt Tenke Fungurume mine in the Democratic Republic of Congo (DRC). To do this, it will buy BHR Newwood DRC, holding company holding …

RD Congo : Gécamines a reçu 100 millions $ pour …

2017-2-22 · (Agence Ecofin) - La compagnie congolaise Gécamines a reçu un paiement de 100 millions $ pour abandonner ses objections à la vente combinée de 80% de participation dans la mine de cuivre Tenke Fungurume, en RD Congo, à China Molybdenum et BHR Partners.

Massive Vale investments planned ...

2010-11-5 · In Africa Freeport-McMoran Copper & Gold has announced, along with the Government of the Democratic Republic of Congo, the successful review of Tenke Fungurume Mining''s (TFM) contracts. The conclusion will open the way for TFM to pursue more investment in order to develop the $2 billion copper-cobalt project beyond its current production rate ...

Chinese Miner To Invest $2.5 Billion Into DRC Cobalt ...

2021-8-17 · Via Ag Metal Miner, Demand for cobalt is rising globally because of its use in electric vehicle batteries. As such, China Molybdenum (CMOC) is planning to invest as U.S. $2.51 billion to further augment output from its Tenke Fungurume mine in the Democratic Republic of the Congo (DRC), Reuters reported, citing the company''s announcement. China Molybdenum to make $2.5B investment …

China''s CMOC to develop TFM Cu-Co mixed ore mine in …

2021-8-6 · China Molybdenum (CMOC) has announced plans to develop a new mixed ore processing project at its Tenke Fungurume copper-cobalt mine (TFM) in the Democratic Republic of Congo (DRC). The Cobalt feedstock producer, announced it will invest US $2.51billion for the project which involves three production lines to process 3.5mn t/yr of mixed ore, 3.3mn t/yr of oxide ore and 5.6mn t/yr of …

Freeport McMoran versus the People of Fungurume: How …

The Tenke Fungurume Mining (TFM) company controls a 1,600 square kilometre mining concession in the Democratic Republic of Congo (DRC). The Tenke Fungurume deposits make up one of the most important reserves of copper and cobalt in the world with abundant quantities of high assay ore. This report looks at a consultation with a wide range of officials, members of institutions,

The hole in Gécamines'' finances

2017-11-7 · Finger in the pie: The Tenke Fungurume copper-cobalt mine is one of many Gécamines interests Mine Risk Management > Politics; 07 November 2017 ... According to the human rights promotion hub, the ...

DRC : Illegal miners vs security forces: an exasperating ...

2021-5-3 · Others went from Kalukunji to concessions held by Tenke Fungurume Mining (TFM) and to Kisanfu, which are owned by the China Molybdenum Co (CMOC). It was just another round in an endless game of and mouse where the players sometimes switch roles.

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