· By Felix Njini. NAIROBI, July 10 (Reuters)-China's CMOC Group said on Monday it has resumed exports of copper and cobalt from its TFM mine in the Democratic Republic of Congo, in the first
Consulta
· In the third quarter of 2023, Tenke Fungurume Mining (TFM) achieved notable milestones, producing approximately 69,755 tonnes of copper cathodes and 5,686 Skip to content Saturday, June 22, 2024
Consulta
· Congo Initiates Probe Into China Moly’s TFM Copper-Cobalt Mine. Commission to verify reserves and financing cost of Tenke mine. Congo wants fairer deal amid CMOC’s $2.5 billion investment.
Consulta
· 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,
Consulta
· Depuis le lancement de son projet en 2006, Tenke Fungurume Mining (TFM) a été un contributeur majeur au trésor public de la République démocratique du Congo (RDC). TFM a versé au trésor public congolais 3,5 milliards USD depuis le début du projet en 2006, pour son exploitation de cuivre et de cobalt.
Consulta
· CMOC Group, a Chinese mining company, has revealed its ambitious plans to boost copper production in the Democratic Republic of Congo (DRC) to 600,000 metric tons in the upcoming year. This significant development follows a recent resolution of a long-standing dispute with the state-mining entity, Gecamines, and marks a positive turning
Consulta
· Also, Horson Long reminded them that “TFM values the respect of the community very much, and that as contractors executing the projects of the specifications, they are an extension of TFM”. This behavior is expected at all levels, ie from the process of recruiting their workforce, through the execution of the work to the delivery of the works.
Consulta
July 10, 20233:37 AM PDTUpdated a year ago. NAIROBI (Reuters) -China's CMOC Group said on Monday it has resumed exports of copper and cobalt from its TFM mine in the Democratic Republic of Congo
Consulta
:Democratic Republic of The CongoTfm Congo · The expansion project of China Molybdenum’s Tenke Fungurume Mining (TFM) mine in Democratic Republic of Congo had started trial production on July 16, the company said in a statement.
Consulta
· Tenke Fungurume is an open-pit mine located in the old Katanga Province of the Democratic Republic of Congo. The Tenke Fungurume copper and cobalt deposits are part of the Central African Copper belt [15]. TFM is one of the highest-grade copper and cobalt mines globally. It includes two mining concessions extending over 1,437 Km2.
Consulta
· China Molybdenum has announced an investment of $2.51bn to expand production capacity of its Tenke Fungurume mine (TFM) in the Democratic Republic of Congo (DRC). Expected to be come online in 2023, the expansion project will include construction of three ore production lines. The production lines are estimated to expand
Consulta
· TFM mine is expected to see an increase of about 200,000 mt/year and 17,000 mt/year in copper and cobalt output respectively, after these product lines reach the designed capacity. TFM has copper reserves of 7.89 million mt with an average grade of 2.84%, while cobalt reserves are estimated at 822,600 mt, according to CMOC.
Consulta
· Congo suspects CMOC understated the mine’s reserves to reduce the amount of royalties it pays to Gecamines, which holds 20% of Tenke Fungurume Mining (TFM). CMOC, previously known as
Consulta
· Workers at China Molybdenum’s Tenke Fungurume Mining (TFM) mine in the Democratic Republic of Congo ended a one-day strike on Sunday after agreeing on a compromise with management over
Consulta
:Democratic Republic of The CongoTfm CongoFelix NjiniTenke Fungurume Mining | 21,007 followers on LinkedIn. Proudly operating in the heart of Africa and contributing to the future of the Democratic Republic of the Congo. | Tenke
Consulta
· CMOC produced 254,286 metric tons of copper and 20,286 metric tons of cobalt from the TFM operations in Congo last year. The settlement will help TFM mines to expand its copper and cobalt capacity
Consulta
· Due to an increase in demand following the Covid-19 pandemic, the price of both copper and cobalt has jumped significantly in 2021. In response, China Molybdenum has strategically splashed an impressive US$2.5bn to double the output of the two metals at its giant Tenke Fungurume mine (TFM), readying itself for the potential for massive
Consulta
· Slated to complete in 2023, the project will increase copper and cobalt output at the mine by 200,000t and 17,000t respectively. TFM covers an area of around 1,500km² and is said to be one of the highest-grade copper and cobalt mines in the world. China Molybdenum currently owns an 80% stake in the mine after raising its holding in
Consulta
In June and July 2019, the Democratic Republic of Congo’s security forces evicted artisanal miners encroaching on two of the country’s largest industrial mining sites in Haut-Katanga and Lualaba provinces. In
Consulta
July 20, 2023 Constance. China’s CMOC Group has agreed to pay Congo state mining firm Gecamines $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the country, the Chinese company said on Tuesday July18th. CMOC said in a statement it will start paying the settlement fee this year and complete payment by 2028.
Consulta
· The dispute started last August when Congo's government announced it had formed a commission to reassess the reserves and resources at TFM, which is also among the world's largest copper producers.
Consulta
· TFM Miners call Kinshasa for Responsibility. March 10, 2023 Constance. While the conflict between the Congolese State and the Chinese group CMOC seems to be at an impasse, the inter-union of the mining site held a press conference on Tuesday to ask the government to lift restrictions on cobalt exports. A matter of life or death for this huge
Consulta
February 10, 2023 Constance. Of the forty copper mining companies operating in the Democratic Republic of Congo, there is a top three that is in pole position in production. In FY 2022, SICOMINES, KCC and TFM
Consulta
April 25 (Reuters)-An agreement on royalties between Congo's state miner and China's CMOC (603993.SS) has been reached, paving the way for the resumption of minerals exports from the world's
Consulta
· More production lines at the TFM mine will raise copper output to 450,000 tons next year, CMOC CMOC produced 254,286 tons of copper and 20,286 tons of cobalt from the mines in Congo last year.
Consulta
· China Moly controls an 80% stake in the copper and cobalt mine, while Gecamines owns 20%. “There is no change in the management right of TFM, and production and operations are running as usual
Consulta
· In May Freeport-McMoRan Copper & Gold (NYSE:FCX) announced the sale of its Tenke Fungurume copper mine in the Democratic Republic of the Congo to China Molybdenum (CMOC) for up to $2.65 billion, a
Consulta
:Tenke Fungurume MiningDemocratic Republic of The CongoTfm CongoThe Tenke Fungurume (TFM) Copper and Cobalt Mine in the DRC represents one of the largest reserve and highest grade copper-cobalt mines in the world, with a mining area that covers over 1,500 sq. km and huge resource potential. In July 2023, China's CMOC resumed copper, cobalt shipments from Congo Tenke Fungurume mine, which had
Consulta
· As of 2019, 98% of 3,400 full time workers and 94% of 5,300 contractors are citizens of the Democratic Republic of the Congo. Tenke Fungurume Mining is owned by China Molybdenum Company Ltd
Consulta
July 18, 20238:35 AM PDTUpdated 10 months ago. BEIJING/ NAIROBI (Reuters) -China's CMOC Group has agreed to pay Congo state mining firm Gecamines $800 million to end a dispute over its Tenke
Consulta
Trituradora de piedra vendida por proveedores certificados, como trituradoras de mandíbula/cono/impacto/móvil, etc.
OBTENER COTIZACIÓN