Oman firm replaces sanctioned Alrosa in Angolan diamond miner
Alrosa, which held a 41% interest in the Catoca operation, has been sanctioned by the US, EU and their allies.
China Molybdenum said on Monday it would place its Tenke Fungurume copper and cobalt mine in Democratic Republic of Congo in isolation beginning at noon on Tuesday in response to the coronavirus, according to a note to employees seen by Reuters.
“Only essential services will be organized to maintain the production tool. For that, essential staff will stay on the site and will not be in contact with the outside world,” the note said.
Tenke Fungurume is one of the largest copper and cobalt producers in the Democratic Republic of Congo.
(By Hereward Holland and Aaron Ross; Editing by Chris Reese)
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