Zambia says Glencore declares force majeure
The country says Glencore is to shut its copper mines, a move that will be blocked by the government as it affects jobs
07 April 2020 - 14:11
Lusaka — Zambia said on Tuesday that Glencore has declared force majeure and will shut its copper mines in the country, adding that the government will block the move which would result in 11,000 people losing their jobs.
Mines minister Richard Musukwa said Glencore plans to put its Mopani Copper Mines (MCM) operations under “care and maintenance” for three months from Tuesday as the global coronavirus pandemic weighs on copper prices and restricts the movement of key staff...
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