China’s CMOC Agrees to Pay Congo’s Gécamines $800 Million to…

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Credit: Visual ChinaBEIJING, July 19 (TiPost) - Chinese mining giant CMOC Group Limited (603993.SH) has agreed to pay $800 million to Congo state mining firm Gécamines in installments in the following six years to end a dispute over its Tenke Fungurume Mining (TFM) project in the country.Before this agreement, the negotiation process had lasted for nearly two years, during which CMOC experienced production sus