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Gecamines 'strongly opposed' to Lundin's Tenke mine stake sale

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COPPER
Congo State miner Gecamines said on Wednesday it is "strongly opposed" to Lundin Mining selling a 24% stake in the Tenke copper mine to a Chinese company, arguing that it has a preemptive right to buy the stake. Canada's Lundin announced on Tuesday it had agreed to sell its stake in the project in the Democratic Republic of Congo to BHR Partners for about $1.14-billion in cash.
 
 
 
 
 

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