by The Fikiria Desk | Apr 19, 2023 | Consumers
The people who live closest to the copper are usually the last to see its benefit at the till. That gap frames the consumer question behind today’s news: CMOC and Gécamines have settled the royalty dispute at Tenke Fungurume, reopening exports of stored copper...
by The Fikiria Desk | Apr 19, 2023 | Profiles
Institutions, not individuals, are what let a state hold a world-scale mine to account for the better part of a year and then close the matter on negotiated terms. That is the quiet significance behind today’s news that CMOC and Gécamines have reached a...
by The Fikiria Desk | Apr 19, 2023 | Money
A mine can be perfectly productive and still fail to pay. For close to a year, Tenke Fungurume proved the point: copper and cobalt came out of the rock, but a royalty dispute kept the finished metal from being sold, and unsold metal earns nothing while the costs of...
by The Fikiria Desk | Apr 19, 2023 | Property
A mine is only as valuable as the road that leaves it. For nearly a year Tenke Fungurume tested that truth in reverse: the ore body was intact and productive, yet a royalty dispute closed the export gate and the physical infrastructure that carries Congolese metal to...
by The Fikiria Desk | Apr 19, 2023 | Intellectual
The most valuable output of the Tenke Fungurume dispute may not be the copper and cobalt now cleared to ship, but the template it leaves behind. For nearly a year a state miner held a world-scale operation to account over how its wealth was shared, and today CMOC and...