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Lupoto Data

Related News

  • 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.
  • ASX: Study Confirms Potential Cobalt Production for Tiger 2016-09-08
  • ASX: Study Confirms Potential Cobalt Production for Tiger 2016-09-08
  • 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.

Lupoto Information

  • General 2015-05-10
    The Lupoto Project has a surface area of 140km2 and is located approximately 10km to the south of the Kipoi Project area. The same structures and lithologies which host the Kipoi deposits have been identified as extending into the northeast of the permit over a distance of at least 3km.

Nearby Locations

Nearby Location News

  • ASX: Study Confirms Potential Cobalt Production for Tiger 2016-09-08
  • Tiger studies viability of producing cobalt at DRC mine 2016-07-07
    Growing global demand for cobalt has prompted Australia-based Tiger Resources to examine the possibility of converting its resources at the Kipoi mine, in the Democratic Republic of Congo (DRC) to a saleable product. CEO Michael Griffths said on Thursday that Tiger had commissioned a study by independent consultant Mintrex to investigate the economic viability of producing cobalt at Kipoi.
  • ASX: Tiger Examines Viability of Cobalt Production at Kipoi 2016-07-06
  • Tiger's costs climb as production falls 2016-04-21
    Copper cathode producer Tiger Resources has reported a slight decrease in production during the first quarter of 2016, which resulted in higher cash operating costs. Copper production during the three months to March reached 6 162 t, compared with the 6 557 t produced in the fourth quarter of 2015, while cash operating costs increased from A$1.29/lb to A$1.44/lb during the same period.
  • Tiger overshoots FY guidance to deliver 26 151 t in 2015 2016-01-29
    ASX-listed Tiger Resources has overshot its 2015 production guidance by 5% to deliver 26 151 t of copper, benefitting from a consistent performance from its Democratic Republic of Congo-based Kipoi project. A record 345 001 t of ore was stacked during the fourth quarter as part of Kipoi’s management plan to overstack in the final three months to mitigate against any high rainfall events that could impact on cathode production during the upcoming wet season.

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