Democratic Republic of Congo’s state miner Gécamines and China’s CMOC have reached an agreement on royalties, paving the way for the resumption of exports from the world’s second largest cobalt mine, reported Reuters. The agreement ends a long dispute between CMOC, which owns 80% of Tenke Fungurume Mining, and Gécamines, which holds the remaining interest. The DRC government accused CMOC…
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No change in ownership of Tenke Fungurume Mining: China Moly
China Molybdenum has reportedly said that, despite reports to the contrary from government regulators, there has been no change in control of Tenke Fungurume Mining in Congo.
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