The large majority of the copper-cobalt ores in Tenke-Fungurume are strata bound, hosted in the Mines Series of the Roan Group. The bulk of the ore occurs directly above a regional stratigraphic contact between red, oxidized hematitic beds below, and gray, reduced carbonate beds above. The former are reddish Roches Argileuses Talqueuses …Web

China Moly acquired a controlling stake in Tenke Fungurume, one of the world's largest copper-cobalt deposits, in 2016 for $2.65 billion from US miner Freeport-McMoRan (NYSE: FCX). In 2019, it ...Web

Covering an area of over 1,500 square kilometers, our Tenke Fungurume Mine (TFM) in the DRC specializes in exploration, mining, extraction, processing, and sales of copper and cobalt, boasting a complete set of …Web

Tenke Fungurume Mining (TFM) suspended copper and cobalt exports in July, when a dispute between Congo and CMOC escalated and a temporary administrator appointed by a Congolese court to run the ...Web

Tenke Fungurume Fungurume SA is a leading copper and cobalt producer, with mines and processing facilities situated within the African copper belt in …Web

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 …Web

2.09% copper and 0.30% cobalt. The Tenke Fungurume copper and cobalt deposits are part of the Central African Copper belt. The ore comes to the surface in a series of hills within the concession. The mean site elevation is 1,200 meters above sea level. Local hills rise 200 to 300 meters above the mean elevation.Web

CMOC has kept the mine running throughout the dispute, and the hoard of copper and cobalt stuck in the African nation was worth about $1.5 billion by late February, according to Bloomberg ...Web

Over the next two years, China's share of cobalt production is expected to reach half of global output, up from 44% at present, Darton said. Chinese refining activity reached 140,000 tonnes in ...Web

The Tenke Fungurume Mine (TFM) is Kinshasa's biggest copper and cobalt mine and one of the world's top cobalt mines. According to Bloomberg, it accounted for about 14 per cent of global cobalt production last year and is also a significant foreign earner for DRC. Located in Lualaba Province (formerly Katanga Province), the Tenke …Web

The Tenke Fungurume mine is a copper-cobalt project owned by Chinese private holding company CMOC (80%) and DRC state-owned mining company Gécamines (20%). CMOC acquired controlling interests of the mine in 2017 in a $3 billion transaction, and in August 2021, announced plans to double production with a $2.51 billion …Web

A view of a copper processing facility at Tenke Fungurume, a copper and cobalt mine 110 km (68 miles) northwest of Lubumbashi in Congo's copper-producing south, File. ... China Moly controls an 80 ...Web

A $1.5 billion hoard of copper and cobalt is piling up in Congo. Processing facilities at Tenke Fungurume mine. ( Image courtesy of Lundin Mining.) A growing pile of copper and cobalt worth about ...Web

The 10k expansion project targets a designed processing capacity of 3.3Mtpy of copper-cobalt ores and will add an annual capacity to produce 88.5ktpy of electrolytic …Web

As for its mining operations in Katanga, particularly in Lualaba, in the first half of 2022, Tenke Fungurume produced a volume of 125,387 tonnes of copper and 10,465 tonnes of cobalt, recording a …Web

The Tenke Fungurume copper-cobalt mine comprises contiguous mining concessions covering more than 1,500km2within the DRC's southernmost province Katanga, approximately 177km north-west of Lubumbashi. The main ore bodies for the project include Kwatebala, Fungurume, Tenke (formerly …

The mine, which generally produces about 1,500 tonnes of cobalt and 20,000 tonnes of copper each month, has since built up a stockpile of at least 16,000 tonnes of cobalt hydroxide.Web

Tenke Fungurume (TFM) ... TFM engages in exploring, mining, processing, refining, and selling copper and cobalt in a mining concession that covers 1'500 sq. km. The concession mainly produces copper cathodes and cobalt hydroxide. TFM operates a large, high-grade copper deposit that is also home to one of the world's largest high grade cobalt ...Web

Copper and cobalt exports from Tenke Fungurume Mining (TFM) were suspended in July after an escalation in a dispute between its shareholders Gecamines and CMOC.Web

CMOC is the world's second-biggest cobalt producer and holds an 80% stake in the Tenke Fungurume Mining (TFM) copper-cobalt ore project in Congo. …Web

China Molybdenum will invest $2.51 billion to double copper and cobalt production at its giant Tenke Fungurume mine (TFM) in the Democratic Republic of …Web

Tenke Fungurume, the world's second-largest cobalt mine, produced about 20,000 tonnes of copper and 1,500 tonnes of cobalt a month through 2022, according to company figures.Web

Processing facilities at Tenke Fungurume mine. ( Image courtesy of Lundin Mining.) A growing pile of copper and cobalt worth about $1.5 billion is stranded in the Democratic Republic of...Web

Exports from the mine, which accounted for more than 10% of global cobalt output in 2021, were suspended a month ago. Congo PM to mediate dispute over Tenke copper and cobalt mine - MININGWeb

The dispute between the two shareholders began in August 2021 when CMOC announced plans to invest $2.5 billion in expanding Tenke Fungurume, the world's second-biggest cobalt mine.Web

Studies of Copper-Cobalt Mineralization at Tenke-Fungurume, Central African Copperbelt; and Developments in Geology between 1550 and 1750 A.D. M.S. Geosciences University of Arizona, Tucson, Arizona, USA; Alteration and ore distribution in the Proterozoic Mines Series, Tenke-Fungurume Cu-Co district, Democratic Republic of Congo; B.S. GeologyWeb

Copper-cobalt deposits in the Central African Copperbelt belong to the Sediment-Hosted Stratiform Copper (SHSC) type and are situated in the Neoproterozoic Katanga Supergroup. This paper describes in detail the geology, geochemistry and hydrometallurgy of cobalt, with a special focus on the Black Ore Mineralised Zone …Web

Exports from the Tenke Fungurume Mining (TFM) operation, which in 2021 supplied 10% of the world's cobalt, were halted in July 2022 after a row erupted with state miner Gecamines over mineral...Web

Exports from the Tenke Fungurume Mining (TFM) operation, which in 2021 supplied 10% of the world's cobalt, were halted in July 2022 after a row erupted with state miner Gecamines over mineral ...Web

Tenke Fungurume, one of the biggest cobalt mines in the world, was controlled by an American company, Freeport-McMoRan. Then it was sold in 2016 in a series of transactions worth $3.8 billion to ...Web