Tenke

Mututulo called the Tenke-Fungurume project one of Zaire's most important, and the biggest in rebel-held territory.

ANC Daily News Briefing 1997

Tenke, which is majority-owned and operated by U.S. miner Freeport-McMoRan Copper&Gold, began mining metal in March and has continued to operate even though it is one of 61 mining projects whose contract has been looked at by the government with a view to renegotiation.

FinanzNachrichten.de: Aktuelle Nachrichten 2009

The company plans to expand operations at the Cerro Verde mine, its Morenci mine in the U.S. and the Tenke Fungurume operations in Congo.

Hit by Strikes, Freeport-McMoRan's Net Falls 11% Tatyana Shumsky 2011

The government has raised its stake in the mineral-rich Tenke Fungurume copper and cobalt mine to 20% from 17.5% previously, will pay an additional royalty of $1.2 million for each 100,000 metric tons of proven and probable copper reserves above 2.5 million tons, and will make additional payments totaling $30 million in six installments upon reaching certain production milestones.

Congo Reaches Long-Awaited Deal With Freeport Andrea Hotter 2010

It also holds a development project pipeline, including an expansion project at its Neves-Corvo mine, along with its equity stake in the Tenke Fungurume copper-cobalt project in the Democratic Republic of Congo.

Equinox to Make Hostile Lundin Bid Caroline Van Hasselt 2011

Lundin's main copper asset is a 24.75% share in the Tenke Fungurume mine in the Democratic Republic of Congo's southern Katanga province, across the border from Equinox's Lumwana mine.

Equinox Makes Rival Bid for Lundin David Fickling 2011

Copper production at Tenke started last year, with the current annual capacity of 250 million pounds of copper and 18 million pounds of cobalt being expanded to around 290 million pounds of copper starting in 2011.

Congo Reaches Long-Awaited Deal With Freeport Andrea Hotter 2010

Last month, Equinox launched its own C$4.8 billion takeover attempt on Lundin, which caused Lundin to cancel a merger-of-equals in the works with another Canadian copper miner, Inmet Mining Corp. Lundin owns a stake in the larger Tenke Fungurume copper mine located close to Equinox's mine in Zambia.

Equinox Opposes Minmetals Bid Edward Welsch 2011

"This important milestone provides the basis for future cooperation and enables Tenke to pursue additional investments to develop this massive project to its full potential," said Freeport's Chief Executive Richard Adkerson.

Congo Reaches Long-Awaited Deal With Freeport Andrea Hotter 2010

The Tenke Fungurume mine is majority owned by the world's largest independent copper miner, Freeport-McMoRan Copper & Gold Inc., with Congo's state mining company Gecamines holding a smaller stake.

Equinox Makes Rival Bid for Lundin David Fickling 2011