RANKED: Top 10 mining property deals in the last five years
Large scale property acquisitions peaked in 2016–2017 led by China Molybdenum’s purchase of the Tenke Fungurume mine in the Democratic Republic of the Congo.
China Molybdenum bought Freeport-McMoRan’s 56% stake in the copper-cobalt mine in November 2016 and picked up Lundin Mining’s 24% interest in April 2017 for a total consideration of $3.8 billion, based on data from Miningintelligence.