Sunday, February 24, 2008

Lundin Mining LUN.to LMC Tenke Fungurume

Nothing is new here, DRC government would like to get bigger cut, the most important news are that contracts are valid and Tenke Fungurume NPV can sustain bigger payout to DRC.

"Without going into the exact demands made, the common themes identifiable from the statements released thus far seem to be:
More for the DRC government;
More for local communities;
No need to disrupt operations so long as companies accept the new terms."

http://www.resourceinvestor.com/pebble.asp?relid=40694

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