The Katanga Province hosts the Central African Copperbelt, which extends from Angola through the DRC into Zambia. The Copperbelt is one of the world's greatest metallogenic provinces containing 34% of the world's cobalt reserves and over 10% of the world's copper reserves.
In 2007, Lundin Mining acquired the Canadian based company Tenke Mining, which included a 24.75% holding in the Tenke Fungurume project, one of the largest and highest grade, undeveloped copper-cobalt mineral concessions in the world. Partners in the project are Freeport McMoRan Gold and Copper Company which holds 57.75% and is also the operator of the project and the Congolese state mining company. We are regularly Selling: cobalt cathodes, coltan, copper cathodes, gold, tantalite.
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