Freeport-McMoRan’s Tenke Fungurume Mining Helps Build Five New Schools

April 8, 2014 /3BL Media/ - The Tenke Fungurume Mining Social Community Fund recently inaugurated five new schools for the communities living in the concession. This accomplishment was achieved through a program that has provided education to 12,000 students by building and refurbishing schools.

Each school has a block of at least six classrooms and corresponding administrative offices. All were constructed of compressed earth bricks stabilized with cement, a technique that is cost-efficient and environmentally friendly.

Since starting mining operations in March 2009, TFM has set aside 0.3 percent of its net metal revenue for the Social Community Fund. To date, the Fund has provided $15.7 million for a variety of community development projects, including schools, health clinics and training centers, as well as residential and infrastructural improvements.

The Social Community Fund is managed and directed by representatives from the town of Tenke, the city of Fungurume, the Province of Katanga and Tenke Fungurume Mining.

To learn about community programs at Tenke Fungurume Mining, please visit http://www.fcx.com/sd/community/comm_drc.htm and to learn more about all of Freeport-McMoRan’s sustainability commitments please see their website at http://www.fcx.com/sd/index.htm