CMOC agrees to pay Congo’s Gecamines $800 million to end row
Mining News Pro - China’s CMOC Group has reached an agreement with Congo state mining firm Gécamines and will pay $800 million to end a dispute over its Tenke Fungurume Mining (TFM) operation in the country, it said on Tuesday.
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CMOC’s Congo mine suspends copper and cobalt exports
Mining News Pro - CMOC’s Tenke Fungurume copper and cobalt mine has suspended all exports, logistics companies were told in a notice seen by Reuters late on Saturday, complying with demands by a court-appointed administrator.
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Congo administrator orders China’s CMOC to stop exports from Tenke cobalt mine
Mining News Pro - A temporary administrator appointed by a Congolese court to run the world’s second-largest cobalt mine ordered majority Chinese owner CMOC to suspend marketing and export of its production, letters seen by Reuters showed.
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China's CMOC eyes solar and hydro for Congo copper/cobalt expansion
Mining News Pro - China Molybdenum Co (CMOC) is looking to tap more hydropower projects and potentially use solar energy as it expands its production of copper and cobalt in Democratic Republic of Congo, its vice-chairperson said.
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Triple Flag, CMOC agree to streaming deal for Australian mine
Mining News Pro - Mine financing company Triple Flag Precious Metals Corp said on Sunday it has agreed to pay $550 million upfront as part of a streaming financing deal with China Molybdenum Co Ltd (CMOC) for future production of precious metals at CMOC’s Northparkes mine in Australia.
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