DRC court appoints new administrator to run China’s Molybdenum Tenke Fungurume mine
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DRC court appoints new administrator to run China’s Molybdenum Tenke Fungurume mine

A court in DRC has removed China Molybdenum as the owner of the world’s largest copper and cobalt mine saying the company owes DRC billions of dollars in arrears. The court has then appointed the state miner Gecamines as the new administrator to the Tenke Fungurume mine. This order was made by the Tribunal of…