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 …