InvestorsHub Logo
Followers 82
Posts 3648
Boards Moderated 0
Alias Born 02/15/2010

Re: None

Sunday, 09/18/2016 8:21:00 PM

Sunday, September 18, 2016 8:21:00 PM

Post# of 1317
The Chinese are being challenged by the Democratic Republic of Congo's state-owned Gecamines for Freeport's 56% stake in the high-grade Tenke Fungurume mine.

http://www.mining.com/freeports-2-7b-sale-african-copper-mine-hits-snag/?utm_source=digest-en-mining-160907&utm_medium=email&utm_campaign=digest

The Chinese want that mine and will end up with it. They will end up buying out Ivanhoe's Congo assets too. There is no stopping them, IMO.