TFM Social Community Fund, ASBL | Freeport-McMoRan …

The TFM Social Community Fund (Fund) supports community development for the primary benefit of community members impacted by the Tenke Fungurume Mining (TFM) project. Its goal is to improve quality of life for residents by investing in sustainable community development projects supporting infrastructure and relevant services including health ...

Freeport to sell prized Tenke copper mine to China Moly ...

A safety slogan in three languages is seen at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south, owned by miner Freeport McMoRan ...

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

Aug 03, 2016· 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.

- chinamoly.com

Freeport-McMoRan DRC Holdings Ltd., which holds Freeport's indirect 56% interest in the Tenke Fungurume copper-cobalt mine ("Tenke"), located in the Democratic Republic of the Congo ("DRC") (the "Transaction"). The agreed purchase price is US$2.65 billion in cash plus contingent consideration of up to US$120 million, ...

Mine de Tenke Fungurume — Wikipédia

La société Tenke Fungurume Mining SA était détenue à l'origine par Phelps Dodge : 57.75 % ; Tenke Mining Corp. : 24.75 % ; et Gécamines : 17.5 %. Freeport-McMoRan Copper & Gold Inc. et Phelps Dodge Corp. ont fusionné le 19 mars 2007. Freeport -McMoRan Copper & Gold Inc. qui exploitait la mine et détenait 56% des actions, devenait la ...

Freeport-McMoRan Inc. - Freeport-McMoRan Reports Fourth ...

Freeport-McMoRan Inc. (NYSE: FCX): Net income attributable to common stock totaled $1.0 billion, $0.71 per share, for fourth-quarter 2017. After adjusting for net gains of $291 million, $0.20 per share, fourth-quarter 2017 adjusted net income attributable to common stock totaled $750 million, $0.51 per share. Consolidated sales totaled 1.0 billion pounds of copper, 593 thousand ounces of gold ...

Freeport-McMoRan's Tenke Fungurume Mining Clean Water...

Oct 07, 2014· In partnership with local, provincial and national organizations, Freeport-McMoRan's Tenke Fungurume Mining operation provides clean water and sanitation to more than 185,000 community members in the Democratic Republic of Congo.

Overview | Freeport Cobalt

The combination of Freeport Cobalt and Tenke Fungurume Mining (TFM) form an integrated cobalt supply chain resulting in the world's premier supplier of cobalt products to the market with a strong commitment to sustainability and social responsibility.

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

Oct 24, 2007· 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 …

FCX_Freeport-McMoran Inc.

copper, gold, copper&gold, copper and gold, mining, drilling gold, exploring gold, drilling copper, exploring copper, Freeport, Freeport-McMoRan, Freeport McMoRan, FM ...

Freeport-McMoRan - Wikipedia

Negotiations in 2016 to include these cobalt projects in a sale to China Molybdenum of Tenke Fungurume Mine, a cobalt/copper mine in DRC Congo, were not successful. Europe. In December 2019, Freeport Cobalt (a joint venture between Freeport-McMoran and Lundin Mining) sold its cobalt refinery in Kokkola, Finland to Umicore. FCX held an effective ...

Tenke Fungurume - The DRC's copper goliath | Miningreview.com

Sep 12, 2014· 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.

Tenke Fungurume Mine - Wikipedia

Tenke Fungurume Mine - Wikipedia

Freeport-McMoRan to Sell African Mining Stake for $2.7 ...

May 09, 2016· Freeport-McMoRan to Sell African Mining Stake for $2.7 Billion Freeport to sell interests in TF Holdings to China Molybdenum, which gets stake in Tenke Fungurume mine

China Moly to help BHR acquire stake in Congo's Tenke ...

Jan 22, 2017· 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, January 29, 2013.

Freeport-McMoRan - Tenke Fungurume - Sulphuric Acid

January 18, 2019 - China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation. The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition ...

Tenke Fungurume Mine - Hatch Ltd

Tenke Fungurume Mine. Freeport-McMoRan Copper & Gold Inc. | Democratic Republic of Congo | 2011–2012

Major Mines & Projects | Tenke Fungurume Mine

Oct 30, 2019· Tenke Fungurume is classified as a strata-bound copper cobalt deposit. The Tenke Fungurume coppercobalt deposits are typical of those that comprise the Central African Copperbelt. The Copperbelt is located in a major geological structure called the Lufilian Arc, a 500 km fold belt that stretches from Kolwezi in the southern DRC to Luanshya in ...

Major Mines & Projects | Tenke Fungurume Mine

Tenke Fungurume is classified as a strata-bound copper cobalt deposit. The Tenke Fungurume coppercobalt deposits are typical of those that comprise the Central African Copperbelt. The Copperbelt is located in a major geological structure called the Lufilian Arc, a 500 km fold belt that stretches from Kolwezi in the southern DRC to Luanshya in ...

Freeport-McMoRan Hires Locally and Develops Specialized...

Aug 18, 2015· At year-end 2014, 99 percent of PT Freeport Indonesia employees were Indonesian and of that total, 35 percent were indigenous Papuans (up from 32 percent three years prior). 98 percent of Freeport-McMoRan employees at the Tenke Fungurume Mining operations in the Democratic Republic of Congo are Congolese citizens.

Freeport Investors in DRC Limbo as Tenke Mine Sale Drags ...

Sep 23, 2016· announced it would sell its 56 percent stake in the Tenke Fungurume copper and cobalt mine to China Molybdenum Co. for $2.65 billion. Now, 136 days later, the deal is still up in the air.

Freeport sells prized African copper mine - MINING.COM

May 09, 2016· Tenke Fungurume in the DRC goes for $2.65 billion to China Molybdenum – Freeport also offloading Africa exploration project and cobalt refinery in Europe.

Fungurume Airport (FZQF) - Industry About

May 14, 2019· Owner: Tenke Fungurume Mining Sarl (TFM) Shareholders: Freeport- McMoRan Copper & Gold Inc (56%), Lundin Mining Corporation (24%), Gécamines (20%) Activity since: Contact: Coordinates: -10.530965,26.326256. Address: Fungurume, Katanga Province. Email: Phone: +1 (602) 366 8100 (Phoenix-USA Head Office) Web: fcx.com. Wikipedia: Freeport-McMoRan

Tenke Fungurume Mine - WikiMili, The Best Wikipedia Reader

Tenke Fungurume Mining SARL was first owned by Phelps Dodge: 57.75%; Tenke Mining Corp.: 24.75%; Gécamines: 17.5%. Freeport-McMoRan Copper & Gold Inc. and Phelps Dodge Corp. merged on March 19, 2007. Freeport-McMoRan Copper & Gold Inc., which operated the mine and held 56 percent of the shares, and became the world's largest publicly-traded ...

Freeport mcmoran versus the people oF Fungurume

Contents The Tenke Fungurume concession Impact of the Tenke Fungurume mine on local communities Recommendations Conclusion 03 04 08 08 01 Freeport McMoRan versus the people of Fungurume:

Freeport-McMoRan says still talking over Congo mine - Reuters

Oct 21, 2009· Freeport-McMoRan Copper & Gold is producing metal from its vast Tenke Fungurume mine in Democratic Congo, even as it is talking with the Kinshasa government over a …

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.