Gecamines...may sell its 20 percent stake in Glencore Xstrata Plc (GLEN)’s Kamoto Copper Co. to raise money for other projects, said Chairman Albert Yuma. "We’ve been in discussions with 14 groups who’ve gone through a tender and the process is ongoing,"Yuma said...Glencore’s Katanga Mining Ltd. (KAT), which owns 75 percent of KCC, would have right of first refusal of any sale, he said...Israeli billionaire Dan Gertler’s Fleurette Group is among the 14 bidders for Gecamines’ stake, Yuma said...To make the company more attractive to investors, Gecamines is spinning off its minority stakes in joint ventures and creating a new offshore company, Yuma said...Renaissance Capital, the Russian investment bank controlled by billionaire Mikhail Prokhorov, is advising Gecamines on the plan, Yuma said...Gecamines’ other partners include Phoenix, Arizona-based Freeport McMoRan Copper & Gold Inc. (FCX) and Australia’s Tiger Resources Ltd. (TGS)...[Refers to Eurasian Natural Resources Corp. (ENRC)].