On March 14.03.2007 shareholders of Phelps Dodge and Freeport-MacMoRan will vote on merger and hopefully create World's Largest Publicly traded Copper Company . Tenke Fungurume deposit is presented by FCX (57.75% and Tenke mining 24.75% and DRC Gecamines 17.5%) as:
1. Believed to be largest Cu/Co project in the world today.
2. Less then Half of the concession 600 sq miles explored, cumulative length strike greater than 80 kilometers.
http://www.fcx.com/inrl/presentn/2007/JPMorgHighYld.pdf
1. Believed to be largest Cu/Co project in the world today.
2. Less then Half of the concession 600 sq miles explored, cumulative length strike greater than 80 kilometers.
http://www.fcx.com/inrl/presentn/2007/JPMorgHighYld.pdf
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