Glencore seeking “way forward” with Zambia over suspension of Mopani Copper Mines
Miningmx - Glencore was in discussions with the Zambian government regarding plans to place the firm’s Mopani Copper Mines on care and maintenance.
“Following Mopani’s recent announcement regarding the transition of its mining operations to care and maintenance, Glencore is currently in discussions on the way forward with the Government of Zambia,” it said.
The firm’s relationship with the government was in danger of deterioration last week after the country’s mines minister, Richard Musukwa, rejected the proposal.
“The ministry is not aware of any event that has happened that is beyond the reasonable control of Mopani Copper Mines and which makes mining impossible,” said Musukwa in a statement cited by the Financial Times on April 8.