Africa's big copper countries set their sights on the profits of trade
Africa's biggest copper producers, the Democratic Republic of Congo and Zambia, are working on deals to gain exposure to ...
Zawya18d
Congo courts Saudi mining investors to help curb China dominance
CMOC Group 603993.SS is now the world's biggest cobalt miner as it boosts output at Tenke Fungurume Mine it bought from U.S.-based Freeport-McMoRan FCX.N in 2016. Paluku said Chinese investors' ...
ecofinagency24d
Cobalt: Chinese Firm CMOC Doubles Output in 2024 Despite Lower Prices
High copper prices during this period (peaking at over $10,000 per tonne in May 2024) may explain this situation since cobalt is usually a by-product of copper mining at CMOC's Kisanfu and Tenke ...
The Earth Institute Columbia University3y
Designing a Legal Regime to Capture Capital Gains Tax on Indirect Transfers of Mineral and Petroleum Rights: A Practical Guide
A recent illustration comes from DRC: “In early May 2016, the miner Freeport McMoRan sold its 56% controlling stake in the Tenke Fungurume copper mine—one of the biggest mining projects in the ...