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Friday, December 7, 2007
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."
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."
Stock is Daily Buy on the chart.
http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=41469&sn=Detail
http://www.mineweb.com/mineweb/view/mineweb/en/page36?oid=41469&sn=Detail
""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
Labels: Commodities, Congo, Copper, Lundin Mining, USD Collapse
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