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Congo state miner says not informed of Freeport's copper mine sale

Reuters - UK Focus

KINSHASA, May 10 (Reuters) - Democratic Republic of Congo state miner Gecamines said in a statement on Tuesday that it was not informed of Freeport-McMoRan Inc's sale of its majority stake in the Tenke copper project and "will assert its rights."

Freeport sold its 56 percent stake to China Molybdenum Co Ltd (CMOC (HKSE: 3993-OL.HK - news) ) on Monday for $2.65 billion in cash. Gecamines holds a 20 percent stake in Tenke, one of the world's largest copper mines. (Reporting by Aaron Ross; Editing by Joe Bavier)