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  • Congo miner challenges Freeport sale of Tenke mine in international court 2016-10-19
    Democratic Republic of Congo state miner Gecamines has challenged Freeport McMoRan Inc's sale of its majority stake in the Tenke copper mine at the International Court of Arbitration in Paris, Gecamines said on Wednesday. Gecamines Secretary-general Deogratias Ngele told Reuters that Gecamines had asserted a right of first offer following Freeport's agreement in May to sell its 56% stake in Tenke, one of the world's largest copper mines, to China Molybdenum for $2.65-billion.
  • Freeport’s Congo mine sale faces more objections from Gecamines 2016-09-23
    Gecamines, the State-owned miner in the Democratic Republic of Congo, said any decision by Lundin Mining to also withdraw from the Tenke Fungurume copper mine could present another obstacle to Freeport McMoRan’s proposed sale of its stake in the project. By exiting at the same time and transferring full ownership of the project to new parties without securing Gecamines’ approval, Lundin and Freeport would be further violating the state-owned miner’s rights, Chairman Albert Yuma said by e-mail Friday. Gecamines must be permitted to match the offers for the stake, or it could stop any deal going through, he said.
  • Congo State miner submits offer for Freeport's Tenke copper project 2016-09-07
    Democratic Republic of Congo's State mining company Gecamines has submitted an offer to buy Freeport McMoRan's majority stake in the Tenke copper project, Gecamines' interim director-general Jacques Kamenga told Reuters on Wednesday. Freeport agreed in May to sell its 56% stake in Tenke, one of the world's largest copper mines, to China Molybdenum for $2.65-billion.
  • Lundin granted extension to decide on Tenke Fungurume buyout 2016-07-20
    Canadian base metals company Lundin Mining has been granted an extension to September 15 to decide if it wants to make an offer to buy Freeport McMoRan’s stake in TF Holdings, which owns 80% of the Tenke Fungurume copper mine in the Democratic Republic of Congo. Freeport holds a 70% stake in TF Holdings, with Lundin owning the balance.
  • Freeport may be hiding value of Congo Tenke mine sale – minister 2016-05-13
    Democratic Republic of Congo's mines minister said on Friday that he suspects Freeport-McMoRan is hiding the true value of the sale of its majority stake in the Tenke copper project and should pay taxes on the deal. Freeport, which agreed to sell its 56% stake to China Molybdenum (CMOC) on Monday for $2.65-billion in cash, said it had observed the tax laws. Congolese government officials say they were not informed in advance of the sale.

Miami Information

  • General 2015-05-10
    Type: IsaSmelt technology (primary furnace) and ELKEM electric furnace (secondary); four Hoboken style converters, two oxygen plants; and an acid plant treating all process gases. Did you know? The smelter is the only one in the United States to achieve International Organization for Standardization (ISO) 9001:2000 certification. In addition to copper concentrates, the smelter also recycles inorganic metal-bearing waste typically produced by high technology industries, extending the useful life of valuable metals and reducing disposal of metal-bearing waste in landfills. Copper and other precious metals are extracted during this process. In addition, the smelter produces by-product sulfuric acid.

Nearby Locations

Nearby Location News

  • Copper Fox Announces Results of Permitting Analysis on the Van Dyke Copper Deposit 2016-08-03

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 3, 2016) - Copper Fox Metals Inc. ('Copper Fox' or the 'Company') (TSX VENTURE:CUU)(OTC PINK:CPFXF), through its wholly owned subsidiary Desert Fox Van Dyke Co., is pleased to provide the results of an analysis prepared by NV5 Inc. related to the permitting process for the Van Dyke in-situ leaching copper project located in Miami, Arizona.

  • Capstone Files Technical Report for Pinto Valley Pre-Feasibility Study 2016-02-24

    VANCOUVER, British Columbia, Feb. 23, 2016 /PRNewswire/ -- Capstone Mining Corp. ("Capstone") (TSX: CS) has today filed on SEDAR a National Instrument 43-101 compliant technical report titled "Pinto Valley Mine Life Extension – Phase 3 (PV3) Pre-Feasibility Study",...


  • Pinto Valley life increases 2016-01-18
    … but cost profile doesn’t stack up at today’s copper prices
  • Capstone Mining 2015 Production Results 2016-01-13

    VANCOUVER, British Columbia, Jan. 13, 2016 /PRNewswire/ -- Capstone Mining Corp. ("Capstone") (TSX: CS) today announced production results for the three and twelve months ended December 31, 2015. Combined production totalled 26,000 and 92,900 tonnes of copper in the fourth quarter and...


  • Copper Fox Files Van Dyke Technical Report on SEDAR 2015-12-24

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 24, 2015) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU)(OTC PINK: CPFXF) and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to report that it has filed on SEDAR a National Instrument 43-101 ("NI 43-101") technical report related to the Preliminary Economic Assessment ("PEA") on its Van Dyke copper project located in Miami, Arizona. The Technical Report titled "NI 43-101 Preliminary Economic Assessment Technical Report for the Van Dyke Copper Project" dated December 18, 2015, was prepared by Moose Mountain Technical Services ("MMTS"). The authors of the report are James (Jim) H. Gray, PEng, Tracey D. Meintjies, PEng, and Susan C. Bird, MSc, PEng of MMTS who are "Qualified Persons" as defined by NI 43-101 standards. The PEA for the Van Dyke project was disclosed in a previous news release dated November 25, 2015.

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