Tag: Tenke Fungurume Mine (TFM)
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How China’s CMOC Came Out Ahead in $2 Billion Settlement to End Congo Mining Feud
Chinese mining giant CMOC announced that it has settled a years-long dispute with the DR Congo's state-run mining company Gécamines that both sides hope will conclude a bitter feud between the two firms over royalty payments from the massive Tenke Fungurume mine (TFM), one of the world's ...
Related Posts
Geraud Neema on What DR Congo President Tshisekedi Hopes to Achieve During His Four-Day Visit to China
BBC WORLD SERVICE: The President of the Democratic Republic of Congo, Felix Tshisekedi, is scheduled to start a five-day visit to China today. It's his first official visit to Beijing. And among other things, the president wants to formally overhaul a $6 billion deal called the Sicomines ...
Difficult Conversations Underway in Beijing About China’s Mining Interests in the DR Congo
Even before DR Congo President Félix Tshisekedi arrived in Beijing on Wednesday, his ministers fanned across the Chinese capital earlier this week to lay the groundwork for what are going to be delicate negotiations over a pair of large, yet very contentious Chinese mining projects in the DRC. ...
CMOC Deal Signals A New Moment in China-DRC Relations, With Possible Global Impacts
Shares in China Molybdenum (aka CMOC) jumped by 10% in Shanghai and 12% in Hong Kong on the news that the mining giant reached a deal with the Democratic Republic of Congo that will allow it to resume copper and cobalt exports from the Tenke Fungurume mine, one of ...
Unpacking the CMOC Deal: What Do We Know So Far?
The newly-announced deal between the Chinese mining giant CMOC and the DRC’s state mining company Gécamines is raising many questions. We asked our Francophone editor Christian-Géraud Neema, who is also an expert on DRC mining, to clue us in: WHAT DO ...
Nicholas Burns. Image - Harvard University
Former U.S. ambassador to China, Nicholas Burns, on Saturday delivered the opening address at the Harvard College China Forum, where he presented the case for deeper engagement between the two major powers. The speech would have been great if it were 2015. ...
How China’s CMOC Came Out Ahead in $2 Billion Settlement to End Congo Mining Feud
Chinese mining giant CMOC announced that it has settled a years-long dispute with the DR Congo's state-run mining company Gécamines that both sides hope will conclude a bitter feud between the two firms over royalty payments from the massive Tenke Fungurume mine (TFM), one of the world's ...
Geraud Neema on What DR Congo President Tshisekedi Hopes to Achieve During His Four-Day Visit to China
BBC WORLD SERVICE: The President of the Democratic Republic of Congo, Felix Tshisekedi, is scheduled to start a five-day visit to China today. It's his first official visit to Beijing. And among other things, the president wants to formally overhaul a $6 billion deal called the Sicomines ...
Difficult Conversations Underway in Beijing About China’s Mining Interests in the DR Congo
Even before DR Congo President Félix Tshisekedi arrived in Beijing on Wednesday, his ministers fanned across the Chinese capital earlier this week to lay the groundwork for what are going to be delicate negotiations over a pair of large, yet very contentious Chinese mining projects in the DRC. ...
CMOC Deal Signals A New Moment in China-DRC Relations, With Possible Global Impacts
Shares in China Molybdenum (aka CMOC) jumped by 10% in Shanghai and 12% in Hong Kong on the news that the mining giant reached a deal with the Democratic Republic of Congo that will allow it to resume copper and cobalt exports from the Tenke Fungurume mine, one of ...
Unpacking the CMOC Deal: What Do We Know So Far?
The newly-announced deal between the Chinese mining giant CMOC and the DRC’s state mining company Gécamines is raising many questions. We asked our Francophone editor Christian-Géraud Neema, who is also an expert on DRC mining, to clue us in: WHAT DO ...
Challenging Chinese Mining Contracts Isn’t About Politics, It’s About What’s Fair, Says DRC Finance Minister
DR Congo Finance Minister Nicolas Kazadi pushed back against the narrative that Kinshasa is specifically targeting Chinese companies over unfair mining contracts. The minister was adamant in his discussion with Financial Times correspondent Tom Wilson at the FT Commodities Global ...
Who is behind China Molybdenum in the Democratic Republic of Congo?
Who exactly is controlling the Democratic Republic of Congo’s Tenke Fungurume Mine (TFM), one of the largest copper and cobalt mines in the world, remains a mystery. Officially, the Chinese mining giant China Molybdenum (CMOC) is in a partnership with the DRC’s state-owned mining company Gécamines ...