Freeport-McMoRan completes US$2.65B sale of Tenke Fungurume …

TF Holdings indirectly owns an 80% stake in Tenke Fungurume Mining SARL, which holds the Tenke Fungurume copper-cobalt mine in the Democratic Republic of the Congo, giving Freeport an effective 56% interest in the mine. Freeport said it plans to use the proceeds to repay debt, with half of the amount earmarked to repay borrowings …

China Moly denies Congo administrator takes over its Tenke …

A view of a copper processing facility at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south, File.

Gécamines, TF Holding Limited, Tenke Fungurume Mining SARL…

An online repository of publicly available oil, gas, and mining contracts. The repository features plain language summaries of each contract's key social, environmental, human rights, fiscal, and operational terms, and tools for searching and comparing contracts.

Tenke Fungurume Mining

Tenke Fungurume Mining SARL is a company that operates in the Mining & Metals industry. It employs 51-100 people and has $10M-$25M of revenue. The company is headquartered in Lubumbashi, Katanga, Democratic Republic of the Congo. Read More. View Company Info for Free.

Tenke Fungurume Mining | LinkedIn

Tenke Fungurume Mining | 18,678 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 in the Democratic Republic of the Congo, 177 kilometers northwest of Lubumbashi in a concession area of approximately 1,600 square kilometers. Through …

Tenke Fungurume Mine, the DRC-Beijing alliance

The Tenke Fungurume Mine (TFM) plays a significant role in the DRC economy. In 2018, TFM paid over $2.5 billion to the public treasury and other administrative services since its inception in 2006. As of December 2020, the mine was estimated to hold 176.8 million tonnes (Mt) of recoverable ore reserves grading 2.1 per cent copper and …

CMOC, Congo settle royalties dispute over Tenke Fungurume mine

Chinese miner CMOC Group has resolved a prolonged dispute with Congolese state-controlled mining company Gécamines over royalties from the Tenke Fungurume copper and cobalt mine. This settlement will help the mine's battery metals stock to start entering international markets. CMOC is currently responsible for nearly …

Gécamines, Lundin Holdings Ltd, Tenke Fungurume Mining SARL…

An online repository of publicly available oil, gas, and mining contracts. The repository features plain language summaries of each contract's key social, environmental, human rights, fiscal, and operational terms, and tools for searching and comparing contracts.

ENVIRONMENTAL AND SOCIAL MPACT ASSESSMENT

years ago, much mining and smelting activity took place in the Katanga Province. Modern drilling first took place in 1918 by the Union Minière de Haut Katanga, but no mining took place. In 1970, the Société Minière de Tenke Fungurume (SMTF) and Gécamines were awarded the concessions and began to study the feasibility of constructing a mine. A

Democratic Republic of the Congo: Five Largest Surface …

Tenke Fungurume Mine in Katanga, was the largest surface mine in Democratic Republic of the Congo, producing approximately 16.6 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (209.12 thousand tonnes) in 2021. The Tenke Fungurume Mine is owned by CMOC Group Ltd;Bohai Industrial Investment …

Project Brief – TENKE FUNGURUME

The Tenke Fungurume project (the Project) involves mining the Tenke oxide ore deposit and its treatment in a conventional hydrometallurgical plant to recover copper and cobalt. Project output will be 115000 tonnes per annum (tpa) of LME Grade A copper cathode and 10,000 tpa of cobalt metal (mix of refined form and hydroxide metal). The project …

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.

Hugo Patrick Sinza

Tenke Fungurume Mining Sarl/Freeport McMoran Apr 2009 - May 2010 1 year 2 months. Contracts Administrator Tenke Fungurume Mining/Freeport McMoran Copper & Gold Jun 2008 - Apr 2009 11 months. Recommendations received William Beya, Chartered MCIPD "Hugo started out and proved his capabilities both in Human Resources and in Contract …

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 …

Global : Five Largest Cobalt Mines in 2021

The Metalkol RTR Project is owned by Eurasian Resources Group Sarl. The second largest cobalt-producing mine with an estimated cobalt production of 18,501 tonnes and an estimated 16.6 mmtpa of ROM, was the Tenke Fungurume Mine located in Katanga, Democratic Republic of the Congo. The Tenke Fungurume Mine is owned by China …

Tenke Fungurume Mine

8 rowsTenke Fungurume Fungurume SA is a leading copper and cobalt producer, with mines and ...

Tenke Fungurume Mining S.A.R.L: OXIDE

environmental standards internationallyaccepted as good mining practice as faras these may be applied in the DRC. TFMhas interpreted this to require it to complywith the policies and guidelines of theEquator Principles (EP) and thePerformance Standards of theInternational Finance Corporation (IFC) onSocial and Environmental …

The DRC

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 …

Lundin Mining and $1.36 billion Tenke sale | Mining Digital

Tenke Fungurume deposits date back to the early 1900s, but it wasn't until 1996 when the Tenke Fungurume Mining SARL was established to develop the copper and cobalt deposits. Construction of the deposits, by then owner FMC, began in 2007 with an open pit and oxide ore processing facilities designed to produce 115, 000 tpa of …

China Moly buys 95% of DRC copper-cobalt mine from Freeport for …

Kisanfu, which is around 33 km (20.5 miles) southwest of Tenke Fungurume, holds an estimated 6.28 million tonnes of copper and 3.1 million tonnes of cobalt metal, said the filing, which mentioned ...

KCS v. TFM, Final Award, 26 Aug 2021

Tenke Fungurume Mining S.A. of . Route de l'Aéroport Building TFM Commune Annexe, Ville de Lubumbashi, Province du Haut-Katanga ... haul and crush the waste mining product known as scats, and a second contract concluded on 1 March 2018, to perform the same service, which is the SCATS Agreement forming part of the subject …

DRC : Tenke Fungurume Mining hounded by

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 …

PROJECT SUMMARY INFORMATION: 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 …

CMOC threatens legal action over Congo cobalt mine export …

Tenke Fungurume Mining (TFM) suspended copper and cobalt exports in July, when a dispute between Congo and CMOC escalated and a temporary administrator appointed by a Congolese court to run the ...

PROJECT SUMMARY INFORMATION: TENKE …

Tenke Fungurume Mining SARL (TFM) a DRC incorporated company.

Rick Gittleman

Director at Tenke Fungurume Mining Sarl Bethesda, Maryland, United States. 1 follower 1 connection See your mutual connections. View mutual connections with Rick ...

Democratic Republic of the Congo: Five Largest Mines in 2021

Tenke Fungurume Mine in Katanga, was the largest mine in Democratic Republic of the Congo, producing approximately 16.6 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced copper (209.12 thousand tonnes) in 2021. The Tenke Fungurume Mine is owned by CMOC Group Ltd;Bohai Industrial Investment Fund …

China Moly's Congo mine expansion project …

The giant Tenke Fungurume mine, one of the world's largest copper-cobalt deposits, had seen its copper and cobalt output at 182,597 tonnes and 15,436 tonnes, respectively, in 2020.

Report: Gecamines received US$100M for allowing …

Theme Metals. The Democratic Republic of Congo's state-owned Gecamines SARL received US$100 million as part of a settlement deal to drop the legal case …

Freeport-McMoRan Inc.

PHOENIX--(BUSINESS WIRE)-- Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has completed the indirect sale of its 70 percent interest in TF Holdings Limited ("TFHL") to China Molybdenum Co., Ltd. for $2.65 billion in cash. TFHL is a Bermuda holding company that indirectly owns an 80 percent interest in Tenke …