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Workers paid allowance after strike at DRC mine | IndustriALL

 · China Molybdenum, is listed on the Shanghai Stock Exchange, owns 80 per cent of the Tenke Fungurume Mining (TFM) shares, with state-owned Gecamines having the remainder. The TFM site holds one the largest cobalt reserves in the world. IndustriALL affiliates are working with other unions to organize more workers at the mine.

(PDF) Specialized edaphic niches of threatened copper ...

The authors also thank Tenke Fungurume Mining questration (Yruela 2005). This strategy implies that S.A.R.L (TFM, Freeport McMoran Copper & Gold) for financial individuals could show lower performances on non- and logistic support in the field. metal enriched soils than other species.

Withdraw troops or risk bloodbath at Tenke Fungurume, DRC ...

 · The call today follows reports that the DRC has deployed hundreds of soldiers to forcibly remove from 2 July 2019 an estimated 10,000 artisanal miners from the Tenke Fungurume Mining Complex in Lualaba Province to the south of the country.

Tenke Fungurume Mining

Analyse du partenariat Tenke-Fungurume (opérationnel, non en production) Analyse de l''accord de partenariat : Tenke Fungurume Mining (TFM), entre la Gécamines et Lundin Holding Ltd. L''analyse conclut entre autre qu''il existe un besoin de clarification ou d''amélioration des clauses.

DRC: Chinese company Tenke Fungurume Mining "TFM" paid 3.5 ...

 · The mining company Tenke Fungurume Mining (TFM) has paid the Congolese public treasury $ 3.5 billion in taxes since the start of the project in 2006 for its exploitation of copper and cobalt. This is what documents in our possession reveal. One of the largest copper producers in the DRC and the largest cobalt producer in the world.

PROJECT SUMMARY INFORMATION: TENKE FUNGURUME …

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

Tenke Fungurume Mining project, Democratic Republic of ...

 · The project. The Tenke Fungurume Mining project consists in the development of three consecutive open pit copper/cobalt ore mines, as well as in the construction and operation of an ore processing plant with a production capacity of 115,000 t/a of …

Tenke Fungurume Mine

Tenke Fungurume Mining SA (TFM) is one of the largest copper and cobalt producers in the Democratic Republic of Congo (DRC). Construction on the site began in the latter part of 2006, and in 2009, TFM produced its first copper. The mine has since become a vital source of income for local communities and the country by way of royalties and taxes, as well as the largest employer in the region.

Tenke Fungurume Mining

Tenke Fungurume Mining (TFM) novembre 2015. Ceci est l''annonce de Tenke Fungurume Mining relative au resultat de l''entreprise pour le troisième trimestre 2015. Il fait état du niveau de production atteint pendant cette période ( 9 005 tonnes de cathodes de cuivre et 3 973 tonnes de cobalt métal ... Afficher le résumé

Tenke Fungurume Deposit, Democratic Republic of Congo ...

 · Tenke Fungurume is one of the largest copper and cobalt mining deposits in the world. It is located in the Democratic Republic of Congo (DRC), approximately 180 km northwest of the provincial capital of Lubumbashi in the old Katanga Province, about 150 km north of the Zambian border.

Congo initiates probe into China Moly''s Tenke Fungurume ...

 · The Democratic Republic of Congo established a commission to ensure China Molybdenum Co. is complying with its contractual obligations regarding the giant Tenke Fungurume copper and cobalt project.

Major Mines & Projects | Tenke Fungurume Mine

 · Tenke Fungurume Mine is one of the highest grade copper and cobalt mines globally with great prospects for resource exploration and development. In 2016 and 2019, the China Molybdenum Co., Ltd completed the acquisition of Freeport-McMoRan Inc. and BHR''s 56% and 24% equity in the TFM copper-cobalt business in Congo (DRC), respectively.

DRC''s largest mine was just sold. And DRC got nothing. | Oxfam

 · In early May, mining giant Freeport McMoRan finalized a deal with China Molybdenum Inc. (CMOC) to sell the company''s controlling stake in the Tenke Fungurume copper mine in Democratic Republic of Congo (DRC), the company''s largest copper mine in Africa. Freeport sold their 56 percent stake in the Congolese project for $2.65 billion.

MINING – Embassy of the Democratic Republic of Congo

The sector attracted several subsidiaries of large multinationals to operate in the DRC. The success story indicates the presence in DRC of companies such as: TENKE FUNGURUME MINING (FREE PORT McROAN, KOLWEZI COPPER COMPANY (KINROSS-EGMF) KIBALI GOLD MINING Mutanda, ASHANTI GOLDFIELD KILO, Twangiza MINING.

Lundin Mining Updates on the Tenke Fungurume Copper/Cobalt ...

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. Construction of the initial phase of operations is ...

Tenke-Fungurume area, Lualaba, DR Congo

Tenke-Fungurume area, Lualaba, DR Congo : A number of copper and cobalt deposits, located in the area between Tenke hill in the northwest and Fungurume hill in the southeast (at a distance of roughly 30 km). Some of these deposits were still ...

COBALT: Glencore''s Katanga mine is the largest producer ...

 · The second-largest producer in the DRC is China Molybdenum, which operates the Tenke Fungurume mine (accounting for 17% of DRC production in 2020). In September 2021, China Molybdenum announced it is investing more than USD2.5bn to double production at the Tenke Fungurume mine, with trial production for a separate expansion at Tenke Fungurume ...

Tenke Fungurume

Tenke Fungurume Mining S.A.R.L. NRC 7325-IDN 6-118-K30745D Tenke Fungurume World-class copper/cobalt project DRC Businesses 23% Government 31% Gecamines 9% Phelps Dodge 26% TMC 12% Phelps Dodge and Tenke Mining are providing 100 percent of the initial US$650 million investment. However, over the life of the project, more than

Tenke Fungurume Mine

 · Tenke Fungurume Mining SA (TFM) is one of the largest copper and cobalt producers in the Democratic Republic of Congo (DRC) nstruction on the site began in the latter part of 2006, and in 2009, TFM produced its first copper. The mine has since become a vital source of income for local communities and the country by way of royalties and taxes, as well as the largest employer in the region.

DRC: Withdraw armed forces from Fungurume mines to avert ...

 · In the absence of authorised artisanal mining areas, many artisanal miners illegally enter private concessions. Tenke Fungurume Mining Complex in DRC hosts one of the largest, highest-grade producing copper and cobalt mines in the world and is owned by China Molybdenum Co., Ltd., which is listed on the Hong Kong Stock Exchange.

Freeport-McMoRan

 · April 23, 2008 - The Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo (DRC) may cost around $1,9-billion to build, nearly double an October estimate of $1-billion, US miner Freeport-McMoRan Copper & Gold said on Wednesday. Freeport operates the project and owns an effective 57,75% stake, while Vancouver-based Lundin ...

Soul mining: The EIB''s role in the Tenke

Soul mining: The EIB''s role in the Tenke-Fungurume Mine, DRC | August 2008 Introduction 1. Background 1.1 The DRC: thirty years of dictatorship, ten years of war and chaos / 1.2 The Tenke-Fungurume project: two contracts and the support of public funders 2. Opacity and risks of corruption 3. A project that will not benefit the Democratic ...

Freeport-McMoRan Inc.

 · The Tenke Fungurume mining concessions are located in the Katanga province of the DRC approximately 110 miles northwest of Lubumbashi. Copper production commenced last year on the approximately $2 billion initial development project, the largest such capital investment in the DRC in …

Tenke Fungurume Mining

Participation du Groupe Lundin Mining au projet minier Tenke Fungurume en RDC IPIS, SWED WATCH & DIAKINIA. février 2008. Ce document donne un bref aperçu de l''histoire du projet minier Tenke Fungurume en province du Katanga. Il décrit l''evolution de ses activités de production, ainsi que les différentes participations obtenues dans la ...

Congo deploys army to protect China Moly''s copper mine ...

 · The Tenke Fungurume mine is one of the largest in Democratic Republic of Congo, which is Africa''s leading copper producer and the world''s top miner of cobalt, a …

Tenke Fungurume

 · Katanga, DRC-based Tenke mine owner Tenke Fungurume Mining (TFM), in which Freeport-McMoRan (FMX) owns a 56% stake, has realised a steady and substantial increase in copper and cobalt production between 2011 and 2013 – climbing in the space of two years from 127 000 to 209 800 t (metric) of copper and 11 200 to12 800 t of cobalt.

SOCIAL IMPACT A SUMMARY

Tenke Mining Corp., a Canadian company, holds the remaining minority interest in TFHL. The concession is located approximately 180 kilometers northwest of the provincial capital of Lubumbashi and includes the towns of Tenke and Fungurume. The Tenke Fungurume copper and cobalt deposits are part of the Central African Copperbelt.