Freeport-McMoRan paid Congo’s Gécamines $33 million to settle Tenke dispute

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Martin Kabwelulu, DRC Mines Minister (LGE & MNM Picture) KINSHASA Freeport-McMoRan Inc (FCX.N) paid $33 million to resolve claims brought against it by Congo state miner Gécamines over the sale of its majority stake in the Tenke copper mine to China Molybdenum Co Ltd (CMOC) (603993.SS), it said in a statement.