BUZZ-China Molybdenum says no change in control of Tenke copper-cobalt mine; shares surge
** Hong Kong shares of metals smelter and processor China Molybdenum Co Ltd 3993.HK rise 2.6% to HK$4.33, their highest since April 21
** Stock on course to end the week up 12.5%, the biggest weekly pct gain since mid-February
** Third biggest pct gainer in Hang Seng material index .HSCIM
** China Molybdenum said there has been "no change" in control of its Congo subsidiary Tenke Fungurume Mining, contradicting a state mining company official who said that a temporary administrator had taken control of the world's second-largest cobalt producer nL1N2XX0B2
** Says China Molybdenum and Congo's state mining company Gecamines are continuing talks over royalty payments
** China Molybdenum controls 80% of Tenke Fungurume Mining, while Gecamines owns 20% nL8N2XW5XD
** China Molybdenum's Shanghai shares CMCLF jump 6.9% to 5.76 yuan, highest since March 8
** Hang Seng Composite Index .HSCI slips 0.2%, material index .HSCIM falls 0.5%, and Hang Seng Index .HSI eases 0.3%
(Reporting by Donny Kwok)