Friday, December 07, 2007

Lundin Mining LUN.to LMC Tenke Fungurume is confirmed

Thats what we have been waiting for, Xmas present...
"FCX assured by DRC that huge Tenke Fungurume copper/cobalt project is secure
The President of the DRC has given Freeport-McMoRan’s Tenke Fungurume copper/cobalt project the go-ahead, personally reassuring the company that Tenke’s contract will not be terminated.Author: Steve JamesPosted: Thursday , 06 Dec 2007
NEW YORK (Reuters) -
Congo President Joseph Kabila personally assured Freeport-McMoRan Copper & Gold that the company's huge copper/cobalt mining project in the country will not be canceled, its chief executive said on Wednesday."

""I met recently with the president of the country and he encouraged us to move ahead fast," Freeport-McMoRan CEO Richard Adkerson said after a presentation to Wall Street analysts. "He gave assurances no arbitrary steps would be taken."
A company spokesman confirmed president visited its headquarters in Phoenix, Arizona, in October during a U.S. trip when he was welcomed to the White House by President George W. Bush."

http://sufiy.blogspot.com/2007/11/lundin-mining-lunto-lmc-tenke-fungurume.html

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