Lundin Mining has confirmed that the government of the Democratic Republic of Congo (DRC) has approved the amendments to the copper-cobalt Tenke Fungurume Mining (TFM) contracts.

Lundin said the DRC government has issued a presidential decree approving the amendments to the mining contracts that confirm the contracts to be in good standing.

The Tenke Fungurume mining concessions are located in the Katanga Province of the DRC approximately 110 miles northwest of Lubumbashi.

Copper production commenced in 2009 and for the year ended December 31, 2010, Tenke produced 120,271 tons of copper cathode.

The expected production is approximately 130,000 tons of copper cathode in 2011 and expansion planning is progressing as a priority.