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China Molybdenum Luoyang : OKed to Acquire Tenke Fungurume Copper Mine

2016-12-15 10:38:08

Sinocast Beats

    SHANGHAI, December 14, SinoCast -- The Democratic Republic of Congo has approved China Molybdenum to take over the Tenke Fungurume copper mine at USD 2.65 billion.
 
    A spokesperson with the copper mine shows that Tenke management will continue to operate the project with an annual output capacity of 200,000 tons by the way in line with shareholders' interest.