Vancouver — Advancing its plan to become a major international mining house, Lundin Mining (LUN-T, LMC-X) has tabled a $1.4-billion all-stock deal to acquire sister company …

Item 1 of 2 A view of processing facilities at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south.

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 …

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.

Tenke shareholders will receive 1. Apr 11, 2007 11:00 PM. Base-metal producer Lundin Mining Corp. (TSX:LUN; AMEX:LMC) plans to acquire Vancouver's Tenke Mining Corp. (TSX:TNK) in an all-share deal ...

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 …

The Tenke Fungurume mine in DRC. Credit: CMOC . ... CMOC last year became the world's No. 1 cobalt mining company with production of some 55,000 tons, and could further outpace rivals including ...

Supported by strong management and financial position, Tenke is well positioned for asset value growth in 2004 through its Argentine and Congolese projects. Tenke Mining Corp …

The Tenke Fungurume copper/cobalt project is one of the world's richest and largest new copper developments and adding Tenke's 24.75% interest in that project to Lundin Mining's existing asset base will enhance Lundin Mining's position as a company with a strong balance sheet, world class assets and an extensive life expectancy as a ...

Pursuant to the Arrangement, all Tenke common shares will now be exchanged on the basis of 1.73 Lundin Mining common shares plus Cdn $0.001 cash for each Tenke …

TORONTO, ONTARIO–(Marketwire - Nov. 1, 2011) - Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) ("Lundin Mining" or the "Company") is pleased to report that Freeport-McMoRan Copper & Gold Inc. ("FCX"), as operator of the Tenke Fungurume mining operations in the Democratic Republic of Congo ("DRC") has advised that its …

Covering an area exceeding 1,500km², the Tenke Fungurume mine produced 18,501t of cobalt and 209,120t of copper last year. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities. …

VANCOUVER, BRITISH COLUMBIA–(Marketwire - July 3, 2007) - Lundin Mining Corporation (TSX:LUN)(AMEX:LMC)(SSE:LUMI) (Lundin Mining) and Tenke Mining Corp. (TSX:TNK) ("Tenke") are pleased to announce that the business combination of Lundin Mining and Tenke has been finalized effective as of July 3, 2007.

April 20, 2023. Last year, a temporary administrator took control of the Tenke mine. Credit: nedu503 from Pixabay. 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 ...

Description. Provider of metal exploration services. The company is engaged in the exploration, drilling, development and mining of copper, cobalt and gold properties. …

Chinese tighten grip on Tenke mine as Lundin agrees to sell stake for $1.14bn ... It also means that Lundin has waived its right to acquire Freeport's 70% stake in the holding company, and the ...

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.

Chinese company Tenke Fungurume Mining (TFM), holder of a 1,437-km2 (about 554-mi2) mining concession containing numerous cobalt and copper deposits, has installed a lime production plant nearby. This factory is upstream from the Kabombwa River, which gives the village its name. It has dumped acidic water into the river several times.

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.

June 16, 2024 Constance. Tenke Fungurume Mining SA (TFM) of CMOC Group Ltd. (CMOC), a prominent copper and cobalt mine in the Democratic Republic of the Congo (DRC), has officially achieved Copper Mark certification for its responsible production practices. This milestone makes TFM the first mine in Africa to receive this prestigious …

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.

Its Tenke Fungurume site added new mining capacity in March, lifting annual capacity to 450,000 tons of copper and 37,000 tons of cobalt. ... The company has set its 2024 copper production ...

Tenke Fungurume Mining | 20,793 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 the …

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.

Base-metal producer Lundin Mining Corp. (TSX:LUN; AMEX:LMC) plans to acquire Vancouver's Tenke Mining Corp. (TSX:TNK) in an all-share deal worth roughly …

Tenke Fungurume Mining (TFM) has invested more than $2 billion in its copper and cobalt operations in the DRC's Katanga province. ... We welcome editorial input to the article if your company is ...

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 …

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.

July 19, 2023. CMOC owns a majority stake in the Tenke mine. Credit: Alexa from Pixabay. Chinese miner CMOC Group has agreed to make a settlement payment of $800m between 2023 and 2028 to Congo's state-controlled mining company Gécamines to end a dispute related to the Tenke Fungurume copper and cobalt mine in the Democratic Republic of ...

Now Gecamines, the state-owned mining company, is taking Freeport and Canada's Lundin Mining (TSX:LUN) — which through a Bermuda-based company indirectly owns 24% of Tenke — to …

Lundin to Absorb Tenke. Vancouver — Advancing its plan to become a major international mining house, Lundin Mining (LUN-T, LMC-X) has tabled a $1.4-billion all-stock deal to acquire sister company Tenke Mining …

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.