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DRC okays Chinese acquisition of Freeport's giant copper-cobalt mine

Frik Els | January 17, 2017 | 10:50 am Base Metals Battery Metals Africa Cobalt Copper 

The Democratic Republic of Congo has dropped its opposition to the sale of the Tenke Fungurume mine by Freeport-McMoRan (NYSE:FCX)  and Lundin Mining’s (TSX:LUN) to Chinese investors for $3.8 billion. State-owned Gecamines which owns 20% of the copper mine, strongly...

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