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Tenke fungurume copper cobalt project mining weekly

  • Lundin Mining and Tenke Mining to Merge Lundin Mining

    About Tenke Tenke Mining Corp. is a Canadian mineral resource company with development projects and exploration activities in the Democratic Republic of Congo, Argentina and Chile. Tenke Fungurume Copper/Cobalt Project Tenke holds a 24.75% interest in the Tenke Fungurume copper/cobalt deposits located in Katanga Province in the DRC.

  • DRC Tenke Fungurume Copper & Cobalt Project EXECUTIVE

    Tenke Fungurume Mining S.A.R.L. (TFM) copper-cobalt mining project in the Democratic Republic of the Congo (DRC). It summarizes the five ESIA volumes, which include the Introduction and Project Description (Volume A), Baseline (Volume B), Impacts and Cumulative Effects Assessments (Volume C), Environmental and Social Management System (Volume D)

  • Cobalt, Copper: China Molybdenum purchases Kisanfu project

    The attainment makes strategic sense for CMOC as Kisanfu is 33km from its copper-cobalt Tenke Fungurume operation, signifying substantial synergies. The location of the project between two world-class mines, Tenke Fungurume and the Glencore-owned Mutanda mine (currently on care and maintenance), adds further weight to its potential.

  • Freeport to sell prized Tenke copper mine to China Moly

    Tenke Fungurume, in the southern Congolese copper belt, is one of the worlds largest copper deposits. Producing since 2009, it is 56 percent owned by Freeport, with a 24 percent stake held by

  • SOCIAL IMPACT A SUMMARY

    The Tenke Fungurume copper and cobalt deposits are part of the Central African Copperbelt. The ore comes to the surface in a series of hills within the concession.

  • Mompero ARIJA - Resource Modeler - Tenke Fungurume Mining

    Dec 03, 2019· Resource Modeler chez Tenke Fungurume Mining Democratic February 22, 2020. One copper project (Sd copper) located Democratic Republic of Congo (DRC) needs partners to expand its production and achieve its goals. By Mompero ARIJA. Grade control in copper and cobalt deposits/ Katanga/Fungurume and tenke /DRC/

  • CATL takes stake in China Moly cobalt mine - mining

    Apr 11, 2021· Kisanfu, located near Molys giant Tenke Fungurume copper-cobalt mine in the DRC, the worlds biggest cobalt-producing country, contains an estimated 3.1 million tonnes of

  • DRC Mining Industry News SkyscraperCity

    Oct 27, 2009· Tenke Fungurume Mining has launched a major mining development project for the exploitation of copper and cobalt rich deposits located in one concession about 1,600 square kilometers between two urban towns Tenke and Fungurume. These minerals are vital for the economic development of the DRC and the world.

  • Tenke Fungurume - pratclif

    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

  • Lundin CEO upbeat on Tenke Fungurume project

    While the purchase of a stake in the Tenke Fungurume copper/cobalt project last year hasproved a value-destroying exercise for the company so far, Lundin Mining CEO Phil Wright is determined

  • Tenke fires up again - International Mining

    Tenke Mining is responsible for providing the other 30%. A Phelps Dodge subsidiary will be the operator of the project. Ownership in the project is: Phelps Dodge, 57.75%; Tenke Mining, 24.75%; and Gecamines 17.5%. Tenke Fungurume is considered to be one of the largest, highest-grade, undeveloped copper/cobalt concessions in the world today.

  • Freeport exits Africa with $2.7bn Tenke Fungurume sale

    US diversified miner Freeport McMoRan has announced the $2.65-billion sale Monday of its 70% interest in TF Holdings, which controlled an 80% stake in the Tenke Fungurume copper/cobalt mine, in

  • DRC bans export of cobalt and copper - Global mining news

    The company has a 56% interest in Tenke Fungurume. Another company hit by the news was Robert Friedlands creation, Ivanplats (IVP-T), which operates the Kamoa copper project in the country. Ivanplats shares fell 22% to $2.82 when the news was

  • Tenke Fungurume Mine - Copperbelt Katanga Mining

    Tenke Fungurume Fungurume SA is a leading copper and cobalt producer, with mines and processing facilities situated within the African copper belt in the Democratic Republic of the Congo. Tenkes substantial mineral endowment supports a long mine life and future expansion opportunities.

  • China Molys Congo copper-cobalt mine - mining

    May 22, 2020· China Molybdenums Tenke Fungurume copper-cobalt mine in Democratic Republic of Congo will maintain the same output this year as 2019 despite covid

  • Lundin Mining Corporation: Tenke Project Update Lundin

    Lundin Mining holds a 24.75% interest in Tenke Fungurume. The project is under construction by operating partner Freeport-McMoRan Copper & Gold Inc. (Freeport). Upon completion of this first phase of Tenke development, the mine is expected to produce approximately 115,000 metric tonnes per annum (tpa) of copper cathode, and 8,000

  • Lundin Mining Updates on the Tenke Fungurume Copper/Cobalt

    Lundin Mining holds a 24.75% interest in the Tenke Fungurume project. The Companys 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.

  • Tenke Fungurume Mining LinkedIn

    Tenke Fungurume Mining 4,673 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 safe production of copper cathode and cobalt

  • Major Mines & Projects Tenke Fungurume Mine

    Oct 30, 2019· The Tenke Fungurume group of sedimenthosted copper cobalt deposits occurs near the base of a thick succession of sedimentary rocks belonging to the Katanga System of Proterozoic age (1050-650 Ma). [2016 AR, p. 39] The Tenke-Fungurume deposits lie in the largest tectonic window of Roan Group rocks in the Central African Copperbelt.

  • Mining in Congo Kolwezi tailings - The Economist

    Jan 15, 1998· Also under review is the huge Tenke Fungurume copper and cobalt project, said to be the largest copper deposit in the world, in which Tenke Mining, another Canadian mining

  • Mining Weekly - China Moly buys 95% of DRC copper/cobalt

    Kisanfu, which is around 33 km 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 synergies with

  • Cobalt: CMOC increases stake in Tenke Roskill

    China Molybdenum (CMOC) has agreed to increase its stake in Tenke Fungurume Mining (TFM). For US$1.14Bn, CMOC will acquire BHR Newwood DRC, a holding company set up by Chinese private-equity firm BHR to buy a 24% stake in TFM in 2017. Subject to

  • Mining Weekly Base Metals Home - Page 349

    Tenke Fungurume copper/cobalt project. 25th November 2005 The Tenke Fungurume copper/cobalt deposits comprise one of the world's largest known copper/cobalt resources and are capable of being

  • Lundin Mining Update on Touro Copper Project Option

    Sep 25, 2012· In addition, Lundin Mining holds a development project pipeline which includes an expansion project at its NevesCorvo mine, as well as an equity stake in the world class Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo which is currently undergoing a major expansion. On Behalf of the Board, Paul Conibear, President and CEO

  • Lundin Mining Corporation: Tenke Fungurume Phase 2

    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 Board has approved the undertaking of a second

  • Tenke Fungurume Mining LinkedIn

    Tenke Fungurume Mining 4,308 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

  • Tenke Fungurume production set for 2008 - International Mining

    Tenke Mining has completed the feasibility study for the first phase of production at the Tenke Fungurume copper/cobalt project in Katanga Province, DRC. The results of the feasibility study and environmental and social impact assessment (ESIA) have defined initial mine production of 115,000 t/y of copper cathode and 8,000 t/y of cobalt.

  • Freeport-McMoRan sells its stake in Tenke Fungurume

    May 09, 2016· Freeport-McMoRan has a 70% interest in TF Holdings, which in turn indirectly owns an 80% interest in Tenke Fungurume Mining. The consideration consists of $60 million if the average copper price exceeds $3.50 per pound and $60 million if the average cobalt price exceeds $20 per pound, both during the 24-month period between 2018 and 2019.

  • Freeport finalizes Tenke contract for shares and cash

    Oct 22, 2010· The project, estimated to have reserves of 119 million tons with average ore grades of 2.6 percent copper and 0.4 percent cobalt, produced 70,000 tons of copper and 2,600 tons of cobalt

  • Cobalt Miners News For The Month Of January 2021 Seeking

    Jan 25, 2021· "4,500 tonnes per year of contained cobalt to be provided from Glencores KCC mine and CMOCs Tenke Fungurume mine. copper-cobalt project

  • Tenke Fungurume Mine - Wikipedia

    Tenke Fungurume Fungurume SA is a leading copper and cobalt producer, with mines and processing facilities situated within the African copper belt in the Democratic Republic of the Congo. Tenke's substantial mineral endowment supports a long mine life and future expansion opportunities.

  • PROJECT SUMMARY INFORMATION: TENKE FUNGURUME

    PROJECT SUMMARY INFORMATION: TENKE FUNGURUME TENKE FUNGURUME MINING Sarl PROJECT Drawn from the Proposal from the Management Committee to the Board of Directors . 1. Private sector Operation. 2. The Project The project involves the development of three consecutive open pit copper/cobalt ore mines, and

  • Freeport to sell prized Tenke copper mine to China Moly

    May 09, 2016· Tenke Fungurume, in the southern Congolese copper belt, is one of the worlds largest copper deposits. Producing since 2009, it is 56 percent owned by Freeport, with a

  • Congo's Copper, Cobalt Mining Province in Coronavirus

    China Molybdenums (OTC Pink:CMCLF,HKEX:3993) Tenke Fungurume mine is also located in Lualaba province, as is Eurasian Resources Groups Metalkol Roan Tailings Reclamation copper-cobalt project.

  • 5 Largest Cobalt Mines in the World INN

    Aug 27, 2019· Tenke Fungurume Total 2018 production: 18,474 tonnes In 2018, Tenke Fungurumes cobalt production also increased by 14 percent year-on-year, reaching 18,474 tonnes.

  • Tenke Fungurume Mine - Wikipedia

    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.

  • Lundin Mining Corporation: First Copper Produced at Tenke

    TORONTO, ONTARIO(Marketwire - March 31, 2009) - Lundin Mining Corporation (Lundin Mining or the Company) (TSX:LUN)(NYSE:LMC)(OMX:LUMI) is pleased to announce that the first copper cathode has been produced by the world class Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo (DRC).

  • CATL takes stake in China Moly cobalt mine for $137.5 mln

    Apr 11, 2021· Kisanfu, located near Moly's giant Tenke Fungurume copper-cobalt mine in the DRC, the world's biggest cobalt-producing country, contains an estimated 3.1 million tonnes of cobalt

  • Africa Snapshot: Eight companies with - mining

    Apr 30, 2021· It has a 70% interest (private partner 30%) in the operator Alpha Cobalt SAS about 50 km east of Kolwezi and 10 km from the Tenke Fungurume copper-cobalt

  • Pumpi Copper-Cobalt Mine, Katanga, Democratic Republic of

    Project location and geology. The Pumpi copper-cobalt mine is located approximately 70km east of the Kolwezi city and 110km northwest of the Likasi city, in the Katanga province, in the southern part of the Democratic Republic of Congo.. The project site comprises five copper-cobalt ore bodies covering a total area of approximately 27km 2.The mine site lies approximately 230km away from the

  • Mining Weekly - Tenke Fungurume copper/cobalt project

    Project description The Tenke Fungurume copper/cobalt deposits comprise one of the world's largest known copper/cobalt resources and are capable of being developed into a large-scale, long-life

  • v116n6a2 Improvements in copper electrowinning at Tenke

    Improvements in copper electrowinning at Tenke Fungurume Mining Company by S. Sandoval*, N. Goel*, A. Luzanga*, and O. Tshifungat* '65,141 Tenke Fungurume Mining Company (TFM), located in Katanga Province, Democratic Republic of Congo (DRC), began production of copper cathode and cobalt hydroxide in March 2009. Copper production capacity was

  • Copper Projects - ALTA Metallurgical Services

    Tenke Fungurume Copper/Cobalt Project - Congo - Minproc/Phelps Dodge - Participation in review of metallurgical testwork and flowsheet development (2004) Review of hydrometallurgical processes and preparation of preliminary economic assessment for the establishment of a refinery for copper sulphide concentrates - Azaran Copper - Iran (2004)

  • Tenke Fungurume Project Resettlement Action Plan

    Tenke Fungurume Project Resettlement Action Plan. Resettlement Action Plan (RAP) for a copper and cobalt mine in Katanga Province, DRC, owned by Tenke Fungurume Mining SARL. View document. Citation. Giovannetti, F. 2009, Tenke Fungurume Resettlement Action Plan, Tenke Fungurume Mining SARL.

  • Tenke Fungurume copper/cobalt mine - International Mining

    In the International Mining March issue Great Mines article, John Chadwick will describe one of the worlds great new copper/cobalt operations, which is now expanding into its Phase 2 operations for 195,000 t/y of copper cathode and 15,000 t/y of cobalt. Tenke Fungurume Mining (TFM) has invested more than $2 billion in its copper and cobalt operations in the DRCs Katanga province.


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