Tenke Fungurume

Description: The Tenke Fungurume mine includes surface mining, leaching and SX/EW operations.

Location: Approximately 110 miles northwest of Lubumbashi in the Katanga province of the DRC.

Did you know?: TFM completed its second phase expansion project in early 2013 which included increasing mine, mill and processing capacity. Construction of a second sulphuric acid plant is underway, with completion expected in 2016. We continue to engage in exploration activities and metallurgical testing to evaluate the potential of the highly prospective minerals district of Tenke. Future development and expansion opportunities are being deferred pending improved market conditions.

Ores: Sediment-hosted copper and cobalt deposits with oxide, mixed oxide-sulfide and sulfide mineralization. The dominant oxide minerals are malachite, pseudomalachite and heterogenite. Important sulfide minerals consist of bornite, carrollite, chalcocite and chalcopyrite.

Background: Initial copper production commenced in March 2009. Targeted copper production rates were achieved in September 2009 and the cobalt and sulphuric acid plants were commissioned in third-quarter 2009.

Ownership: 56% FCX; 24% Lundin Mining Corporation (Lundin); and 20% La Générale des Carriéres et des Mines (Gécamines), which is wholly owned by the DRC government.

In May 2016, FCX entered into a definitive agreement to sell its interests in TF Holdings Limited (TF Holdings) to China Molybdenum Co., Ltd. (CMOC) for $2.65 billion in cash and contingent consideration of up to $120 million. This transaction is expected to close during 2016.

Fast Facts on the Tenke Fungurume Operations
English, French
Tenke Fungurume Economic Impact Study Summary
English, French

Mitumba-Fungurume Hills Resettlement Action Plan
English, French Summary

TFM ESIA 2014 Addendum
English, French

TFM Oxide Project ESIA, August 2013
English, French

Land Access, Compensation, and Resettlement Policy Framework, November 2012
English, French

Tenke Fungurume Phase II Addendum Environmental and Social Impact Assessment (ESIA), March 2011
Available upon request.
Tenke Fungurume ESIA, March 2007
Available upon request.